ZURICH, SWITZERLAND / ACCESSWIRE / December 18, 2018 / Today, Belmont Resources Inc. (BEA.V); (L3L1.F) announced that drilling at the Kibby Basin Project with MGX Minerals Inc. (XMG.CN); (MGXMF); (FSE:1MG) has re-commenced. The company also reported that Jared Lazerson, CEO of MGX Minerals (currently owning a 25% interest of the Kibby Basin Project) and financier Karim Rayani have joined Belmont's Board of Directors. This time at a different location in the basin, the current hole (KB-4) is planned to be drilled to a depth of 300 m, which has been previously estimated to take about a week.
The full report can be accessed with the following links:
English (web version): http://rockstone-research.com/index.php/en/research-reports/5323-Belmont-Re-Starts-Drilling-at-Kibby-Basin-Nevada-Lithium-Brine-Project-with-MGX-Minerals;-Adds-Two-New-Key-Members-to-the-Board-of-Directors
English (PDF): http://rockstone-research.com/images/PDF/Belmont20en.pdf
German (PDF): http://rockstone-research.com/images/PDF/Belmont20de.pdf
German (web version): http://rockstone-research.com/index.php/de/research-reports/5322-Belmont-startet-Bohrung-beim-Kibby-Basin-Nevada-Lithiumprojekt-mit-MGX-Minerals-und-verstaerkt-den-Aufsichtsrat-mit-neuen-Schluesselpersonen
Disclaimer: This report contains forward-looking information or forward-looking statements (collectively "forward-looking information") within the meaning of applicable securities laws. Forward-looking information is typically identified by words such as: "believe", "expect", "anticipate", "intend", "estimate", "potentially" and similar expressions, or are those, which, by their nature, refer to future events. Rockstone Research, Belmont Resources Inc., MGX Minerals Inc. and Zimtu Capital Corp. caution investors that any forward-looking information provided herein is not a guarantee of future results or performance, and that actual results may differ materially from those in forward-looking information as a result of various factors. The reader is referred to the Belmont´s and MGX Minerals´ public filings for a more complete discussion of such risk factors and their potential effects which may be accessed through the Belmont´s and MGX´s profile on SEDAR at www.sedar.com. Please read the full disclaimer within the full research report as a PDF (see above) as fundamental risks and conflicts of interest exist. The author, Stephan Bogner, holds a long position in Belmont Resources Inc. and MGX Minerals Inc., and is being paid by Zimtu Capital Corp. for the preparation, publication and additional distribution of this report, whereas Zimtu Capital Corp. also holds a long position in Belmont Resources Inc. and MGX Minerals Inc. Belmont and/or MGX pay Zimtu for the preparation, publication and additional distribution of this report. Any mentioned historical information is relevant only as an indication that some mineralization occurs on the properties, and no resources, reserve or estimate is inferred.
SOURCE: Rockstone Research