Core Viewpoint - Belmont Resources Inc. has appointed Patrick Brandl as Interim President and CEO, succeeding George Sookochoff, who will remain on the Board of Directors to ensure leadership continuity during the transition [1][3]. Leadership Transition - Patrick Brandl, a Director since 2023, has over a decade of experience in corporate governance and strategic development in the resource sector [2]. - His role as a representative of HMS Bergbau AG, a major shareholder, indicates a closer alignment between the company's leadership and its financial partners [2]. Strategic Focus - The appointment of Mr. Brandl supports Belmont's commitment to advancing exploration projects, strengthening capital position, and creating long-term shareholder value [3]. Project Portfolio - Belmont has a diverse portfolio including copper, gold, lithium, uranium, and rare earth projects located in British Columbia, Saskatchewan, Washington, and Nevada [5]. Key Projects - Come By Chance (CBC) Property: Recently completed a 2,000-meter drilling program with ongoing core logging and regular sample analysis [6]. - Athelstan-Jackpot (A-J) Gold Project: Includes two past producing mines with a total yield of 7,600 ounces of gold and 9,000 ounces of silver. A 1,500-meter gold trend with extensive surface mineralization has been identified [7][8]. - Crackingstone Uranium Project: Located in Saskatchewan's Athabasca Basin, it has historic grab sample grades of up to 15.6% U₃O₈ and previous mining produced 11 tons at an average grade of 2.3% U₃O₈. A comprehensive drilling program of 10,000 meters is planned [9][10]. - The Crackingstone property benefits from excellent infrastructure and includes evaluations for rare earth element potential [11]. Partnerships and Investments - Lone Star Copper-Gold Project: 50% optioned to Marquee Resources, which has invested $2.5 million in drilling and completed a new resource assessment [12]. - Kibby Basin Lithium Project: 80% optioned to Marquee Resources, which has also invested $2.5 million in drilling, confirming high levels of lithium-bearing sediments [12].
Belmont Resources Appoints Patrick Brandl as Interim President and CEO
Thenewswire·2025-07-23 13:20