Belmont Resources Inc (TSX-V:BEA) has announced that drilling is now underway on its Come By Chance (CBC) project in British Columbia.
The company said the 2022 program is expected to consist of 2,000 metres (m) of drilling and is fully funded.
“In only ten months since we acquired the CBC, we have completed a very aggressive exploration program consisting of rock sampling, LIDAR, Magnetic and IP surveys all of which combined have identified some very compelling drill targets,” Belmont Resources CEO George Sookochoff said in a statement.
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“I look forward to providing our shareholders with exciting news in the following weeks to come from our CBC and Lone Star drill programs along with the upcoming Kibby Basin Lithium drilling,” Sookochoff added.
Belmont noted that historic exploration revealed many indications to a potential concealed intrusive of copper/gold mineralization in the skarns, the free gold, epithermal zones, and a massive sulfide epithermal zone.
It added that there are also indications of a potential porphyry/skarn linkage.
Belmont Resources is engaged in the business of acquiring and re-developing past-producing copper-gold-silver mines in southern British Columbia and northern Washington State. This region is considered to have the highest concentration of mineralization and past-producing mines in western North America.
Contact Sean at sean@proactiveinvestors.com