Vancouver, B.C. Canada, July 8, 2020; Belmont Resources Inc (TSX.V: BEA; Frankfurt: L3L2) (“Belmont”), (or the “Company)

In just a few short months Belmont has acquired a series of strategic gold-copper properties in the prolific Phoenix /Greenwood mining camp of southern British Columbia, and has become a serious player in this very active area.

This initiative was led by Belmont’s new president George Sookochoff who happens to be from Grand Forks, and is quite familiar with the area and its rich mining history. His familiarity of the area and the people was key to the Company selecting and acquiring these privately held mineral properties.

George provides an overview of the strategy for acquiring their new properties and exploration plans for 2020.

About Belmont Resources Inc.

Belmont Resources Inc. is a Canadian based resource company traded on the TSX-V under the symbol “BEA”. The Company is systematically exploring and acquiring gold properties in Southern British Columbia and Northern Washington State.

ON BEHALF OF THE BOARD OF DIRECTORS

“George Sookochoff”

George Sookochoff, CEO/President

Ph: 604-683-6648

Email: george@belmontresources.com

Website: www.BelmontResources.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

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 2020, 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.