Belmont Resources Sets Ground Gravity Survey for Crackingstone Uranium Project

Belmont Resources Inc. plans to conduct a ground gravity survey at its 100%-owned Crackingstone Uranium Project in Saskatchewan, Canada. The survey, covering approximately 253 hectares, will utilize a 2,500-station grid with a 50 m x 50 m spacing. The objective is to refine drill target selection ahead of a planned 2026/2027 drilling program.

The survey will integrate existing airborne radiometric uranium/potassium (U/K) ratio data and other exploration datasets, focusing on coincident anomalies in gravity, radiometric, and structural features. The company aims to identify high-quality drill targets along the Black Bay Shear Zone, a structural trend historically associated with four past-producing uranium mines in the Beaverlodge district.

Ken Wheatley, Belmont’s Senior Geological Advisor, will oversee the survey, which is scheduled to commence in early October 2026. The field program is expected to take between 10 to 14 days. The resulting gravity data will be combined with the company’s existing exploration datasets to enhance target evaluation and generation.

"This gravity survey is the final step before we put the drill bit to the ground at Crackingstone. By combining it with our full exploration dataset, we'll be able to pinpoint the highest-confidence targets across a property that already boasts some of the strongest historic uranium showings in the Beaverlodge district, including grades up to 15.6% U3O8," said George Sookochoff, Chairman of Belmont Resources Inc.

The Crackingstone Uranium Project, located approximately 8 km southwest of Uranium City, Saskatchewan, sits within the historic Beaverlodge uranium district. The property is permitted for up to 40 drill holes through 2028 and has shown potential with historic uranium showings, including grades of up to 15.6% U3O8 from the No. 7 Adit. Past-producing mines in the district, such as the Smitty, Leonard, Cinch Lake, and Cayzor mines, provide a geologically favorable context for the exploration efforts.

The survey will employ digital electronic feedback gravity meters and multi-constellation RTK GNSS receivers to establish precise station positions and gravity readings. Data will be corrected for various factors, including earth tides, instrument drift, base shifts, latitude, terrain, and free-air effects, to produce Bouguer gravity values suitable for identifying subsurface density contrasts.

Upon completion, the gravity survey will contribute to Belmont’s ongoing evaluation and target generation program at Crackingstone, aiming to unlock significant new uranium discovery potential in the region.