Belmont Resources Inc. provided an update on the progress of the 6,000 meter, 42 hole, drill program on the Lone Star copper-gold project in Washington State. Fourteen drill holes have been completed to date for a total of 2,500 meters and mineralized stratigraphy was encountered in every hole thus far. From the drilling to date a new geological model has developed for the Lone Star project to be that of a submarine rhyolite dome with associated VMS. Drilling has identified at least three stratigraphically separate rhyolite layers, each of which is prospective for undiscovered mineralization along strike and down-dip, plus the addition of well-mineralized bedded sulfides in basaltic units.
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