BELMONT RECEIVES GEOPHYSICAL REVIEW OF KIBBY BASIN PROPERTY

The Property has potential to host lithium-bearing brines in a geologic setting similar to the continental brine model ascribed to Clayton Valley

Vancouver, B.C. Canada, June 10, 2016 - Belmont Resources Inc. (TSX.V: BEA; FSE: L3L1; OTC: BEAAF.PK) ("Belmont", or the "Company"). Further to our news release of May 30, 2016 and a brief summary of the Kibby Basin Property - NI 43-101 Report the Company is pleased to receive a Geophysical Review and Work Proposal Report from James L. Wright, M.Sc., of Wright Geophysics. This is the beginning of the Phase 1 program.

James L. Wright reports:

"Three rock units are labelled in the area; Ji - Jurassic intrusions, Tol - older volcanics, and QTb - young basalt units. A large area of QTb is mapped within the basin near the southern lateral fault. The occurrence of a large area of QTb within the basin indicates additional QTb could well be encased within the basin fill and possibly play a role in ponding and/or controlling the distribution of lithium brines.

The genetic model for the central basin suggests additional normal faults should be present forming a number of steps down into the basin on both the east and west sides. Clearly, a strong density contrast exists between basement rocks (ie. Ji, Tol, etc.), and the basin fill. The detailed gravity survey is recommended as the next stage to map the central basin in sufficient detail so as to permit generation of a three dimensional model of the basin fill." For further details on the June 6, 2016 Report see: http://ow.ly/N7Xg3016JIv

Ernest L. Hunsaker III, CPG 8137 stated; "Phase 1 results will determine how best to execute the drilling proposed in Phase 2."

NI 43-101 Disclosure:

Ernest L. Hunsaker III, CPG 8137, a Qualified Person as defined by National Instrument 43-101, has reviewed and approved the technical information in this news release.

ON BEHALF OF THE BOARD OF DIRECTORS

"Vojtech Agyagos"

Vojtech Agyagos,
CEO/President

 

This Press Release may contain forward-looking statements that may involve a number of risks and uncertainties, based on assumptions and judgments of management regarding future events or results that may prove to be inaccurate as a result of exploration and other risk factors beyond its control. Forward looking statements in this news release include statements about the possible raising of capital and exploration of our properties. Actual events or results could differ materially from the Companies forward-looking statements and expectations. These risks and uncertainties include, among other things, that we may not be able to obtain regulatory approval; that we may not be able to raise funds required, that conditions to closing may not be fulfilled and we may not be able to organize and carry out an exploration program in 2016; and other risks associated with being a mineral exploration and development company. These forward-looking statements are made as of the date of this news release and, except as required by applicable laws, the Company assumes no obligation to update these forward-looking statements, or to update the reasons why actual results differed from those projected in the forward-looking statements.

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