Belmont Resources Appoints Ken Wheatley, P.Geol., M.Sc., as Senior Geological Advisor for the Crackingstone Uranium-REE Project
Vancouver, B.C. – TheNewswire - September 09, 2026 - Belmont Resources Inc. (TSX-V: BEA) (FSE: L3L2) ("Belmont" or the "Company") is pleased to announce the appointment of Ken Wheatley, P.Geol., M.Sc., as Senior Geological Advisor to the Company’s 100%-owned Crackingstone Uranium–REE Project, located within the historic Beaverlodge uranium district near Uranium City, Saskatchewan.
Crackingstone is a fault-hosted, Beaverlodge-model uranium project covering approximately 4 kilometres of the Black Bay Shear Zone and hosting four past-producing uranium mines. The Property is strategically located approximately 6 kilometres west of Uranium City, Saskatchewan. Its close proximity to the historic uranium mining centre provides important logistical advantages, including access to existing infrastructure, transportation and local services that can support exploration activities and future development. The property is drill-permitted.
Figure 1: Location map of the Crackingstone Property relative to Uranium City, Saskatchewan.
Mr. Wheatley brings over four decades of uranium exploration experience in the Athabasca Basin, most recently as Vice President, Exploration with Forum Energy Metals Corp. (2007–2023), and previously as District Geologist, East Athabasca, with AREVA Resources Canada Inc. (1998–2007). His earlier career included senior technical roles with Uranerz Exploration and Mining Ltd., TOTAL Minatco Ltee./Ltd., and Amok Ltee./Ltd., during which he was involved in the discovery and delineation of several major Athabasca Basin uranium deposits, including Midwest A, Maybelle River, the Sue deposits, and the Dominique Janine deposits at Cluff Lake. He holds an M.Sc. (1985) from the University of Saskatchewan and a B.Sc. (1980) from Laurentian University, and is a registered member of APEGS and NAPEG.
"Ken’s direct experience with the structural and alteration systems that control uranium mineralization throughout the Athabasca Basin makes him an ideal advisor as we advance Crackingstone," said George Sookochoff, Chairman of Belmont Resources Inc. "His track record of discovery at Key Lake, McClean/Sue, Midwest, and Northwest Athabasca speaks for itself, and we look forward to his guidance as we finalize our upcoming exploration and drilling program at Crackingstone. The Crackingstone Uranium Project has an enormous amount of historical exploration data, and we have been using AI to compile that data and delineate high-quality targets. Ken is now working with us, and combining his decades of hands-on uranium exploration experience with AI’s ability to rapidly synthesize and cross-reference decades of historic drilling, geophysics, and geochemistry, has already sharpened our view of where the next holes should go."
As previously disclosed in the Company’s news release dated February 3, 2026, Belmont's re-assaying of selected intervals of historic drill core at Crackingstone identified multiple intervals exhibiting elevated uranium and rare earth element (REE) concentrations, including several zones where uranium and REE enrichment occur together. Mr. Wheatley is now working with the Company to incorporate this uranium–REE potential, together with the Project’s structural and geophysical data, into the design of the next phase of exploration and drilling at Crackingstone.
Figure 2: Crackingstone Project – Airborne radiometric uranium (eU) survey showing historical uranium occurrences, mined areas, and the location of the 2008 drilling area within a structurally controlled uranium-mineralized corridor.
Figure 3: Crackingstone Project – Airborne radiometric thorium (eTh) survey illustrating elevated thorium responses associated with major structural corridors and interpreted as geological context for REE-enriched pegmatite systems identified through modern re-assaying, as previously disclosed in the Company’s news release dated February 3, 2026. Radiometric data are provided for geological context only and are not indicative of mineral grades or economic mineralization.
About Belmont Resources Inc.
Belmont Resources Inc. is a Vancouver-based junior mineral exploration company advancing a diversified portfolio of exploration projects in British Columbia, Saskatchewan, Washington State, and Nevada, targeting uranium, copper-gold, lithium, and rare earth element mineralization.
Qualified Person
The technical information contained in this news release has been reviewed and approved by Laurence Sookochoff, P.Eng., a Qualified Person as defined under National Instrument 43-101. Mr. Sookochoff is an independent advisor to Belmont Resources.
ON BEHALF OF THE BOARD OF DIRECTORS
“George Sookochoff”
www.belmontresources.com
Forward-Looking Statements
This news release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian securities legislation. Forward-looking statements in this news release include, without limitation, statements regarding the anticipated exploration and drilling program at the Crackingstone Project, the role and contributions of Mr. Wheatley, the future integration of uranium and REE exploration vectors, and the future exploration plans of the Company. Forward-looking statements are based on certain assumptions and are subject to a variety of known and unknown risks and uncertainties, many of which are beyond the Company’s control, which could cause actual events or results to differ materially from those projected. Belmont Resources Inc. undertakes no obligation to update forward-looking statements except as required by applicable law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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