Crackingstone
A structurally controlled uranium-REE system in the Black Bay Shear Zone, Beaverlodge district — a ground gravity survey this October sets up the 2026/2027 drill program.
100%-owned · 8 km southwest of Uranium City, Saskatchewan
Crackingstone within the Beaverlodge district, showing past-producing mines and fault corridors over airborne radiometric (eU) data.
Project highlights
- 100%-owned Crackingstone Uranium–REE Project, ~8 km southwest of Uranium City, in the historic Beaverlodge uranium district
- Property spans ~5 km of the Black Bay Shear Zone, the structure behind four past-producing mines — Smitty, Leonard, Cinch Lake and Cayzor
- Historic showings up to 15.6% U₃O₈, including 11 tons mined at 2.3% U₃O₈ from the No. 7 Adit
- Multi-year permit for up to 40 drill holes, valid through November 2028
- February 2026 re-assay of historic core confirmed uranium and identified new REE-enriched pegmatite zones, some coincident with uranium
- 2,500-station ground gravity survey planned for early October 2026 to finalize drill targets ahead of the 2026/2027 program
- Beaverlodge camp produced over 70 million lbs U₃O₈ between 1953 and 1982
- Ken Wheatley, P.Geol., M.Sc., Senior Geological Advisor and NI 43-101 Qualified Person for the project
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Regional context: the Beaverlodge district
Crackingstone sits within the Beaverlodge uranium district, spanning roughly 5 km of the Black Bay Shear Zone — the structure behind four past-producing mines: Smitty, Leonard, Cinch Lake and Cayzor. Between 1953 and 1982 the camp produced over 70 million pounds of U₃O₈. On the property itself, historic showings run as high as 15.6% U₃O₈, including 11 tons mined at 2.3% U₃O₈ from the No. 7 Adit — a proven, structurally controlled system that carries directly through Crackingstone, with pegmatites layering in the REE upside.
Crackingstone within the Beaverlodge district, showing past-producing mines and fault corridors over airborne radiometric (eU) data.
A fault-dominated structural framework
Mineralization at Crackingstone follows the Black Bay Shear Zone. Airborne radiometrics split the property into two broad uranium domains, north and south, divided by the Crackingstone Fault.
Within each domain, uranium concentrates along discrete corridors — Chance Lake, Boom Lake, and a southeastern trend — the same structures that carried mineralizing fluids and now host pegmatites with rare earth potential. The upcoming gravity survey is designed to test these corridors directly, where gravity, radiometric and structural signals coincide.
Airborne uranium radiometrics define two domains split by the Crackingstone Fault.
Two commodities, one structural system
Uranium
The airborne uranium response is strong and structurally controlled along the Black Bay Shear Zone. It coincides with historic showings, underground workings, and drill intercepts — evidence the anomalies reflect real mineralization within a large, fertile system.
Rare earth elements
REE potential tracks a property-scale thorium anomaly along the Chance Lake Fault and the pegmatites developed in the same corridors. Re-assay of historic core confirms REE enrichment in intervals never previously tested — some coincident with uranium.
Airborne uranium radiometrics define two domains split by the Crackingstone Fault.
A property-scale thorium anomaly along the Chance Lake Fault vectors toward REE-fertile ground.
The geophysical picture
Airborne EM outlines conductive trends along the same shear structures — likely graphitic horizons or sulphide-bearing fault zones, features typical of Beaverlodge-style uranium systems.
Layered together, uranium, thorium and potassium radiometrics and EM conductors describe one coherent, structurally controlled mineral system. The ground gravity survey adds a subsurface density layer to that picture, sharpening exactly where the next drill targets should sit.
EM conductors align with radiometric anomalies and known structural corridors.
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Ground gravity survey — the final step before drilling
Belmont is finalizing arrangements with a geophysical services provider to run a ground gravity survey across the property, designed to test coincident gravity, radiometric and structural anomalies along strike of the Black Bay Shear Zone and finalize drill target selection.
Digital electronic feedback gravity meters and multi-constellation RTK GNSS positioning will produce Bouguer gravity values, corrected for tides, drift, terrain and free-air effects, to map subsurface density contrasts tied to uranium-related structure and alteration.
Planned survey grid overlaid on the existing airborne U/K radiometric ratio data; pink and white zones mark the highest-priority ground.
“This gravity survey is the final step before we put the drill bit to the ground at Crackingstone. We believe Crackingstone has the potential to host a significant new uranium discovery, and this survey is the key that unlocks it.”George Sookochoff, Chairman, Belmont Resources Inc.
Next steps
Belmont holds a multi-year permit for up to 40 drill holes at Crackingstone, valid through November 2028. The ground gravity survey runs in early October 2026, integrating with the property’s airborne radiometric and historic exploration data under the guidance of Ken Wheatley, Senior Geological Advisor, to finalize targets for the 2026/2027 drill program.