Belmont Resources Inc. provided an update for its Belmont-Marquee Resources Kibby Joint Venture 3,000 meter drill program in Nevada. The objective of Kibby drill program is to delineate a lithium-enriched brine aquifer deposit in Kibby Basin, Nevada, USA that is amenable to mining using wells to extract brine for processing to a saleable lithium hydroxide monohydrate product. Drill hole KB22-02 has been completed at a total depth of 915 meters.

The drill hole targeted a highly conductive geophysical anomaly, which has the signature for a potential lithium enriched brine aquifer beneath the Kibby Playa. Hole KB 22-02 drilled a section of muddy lakebeds with interspersed siltstones and sandstones, which can serve as important aquifers for lithium brines. Several intervals of tuffaceous sediments as well as airfall and reworked ash, also potential hosts for lithium brine, were encountered.

Drill core from KB22-02 has been logged at Belmont's core cutting facilities in nearby Mina, NV. 10% of the core has been split and delivered to Paragon Labs in Sparks, NV for lithium analyses. Water samples are being analyzed for lithium and chemical/physical properties at Western Environmental Testing Laboratory in Sparks NV.

The inflatable packer can isolate discrete zones of the aquifer where water samples could be obtained and attributed to that specific part of the aquifer. This minimizes cross contamination between various levels and destabilization of the drill hole. The selected interval may be anywhere from 10 to 200+ foot intervals.

The top and bottom of the interval are first sealed by inflating the packer seals. The interval is then purged of any fluids in the interval to avoid contamination before new fluid from the aquifer is allowed to accumulate in the interval before being pumped to surface.