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BELMONT RECEIVES RESULTS OF MAGNETOTELLURIC (MT) SURVEY ON THE KIBBY BASIN – NEVADA LITHIUM PROPERTY

 

Vancouver, B.C. Canada, March 1, 2018 – Belmont Resources Inc. (TSX.V: BEA; FSE: L3L1DTC Eligible – CUSIP 080499403); (“Belmont”, or the “Company”)

Further to our news release of January 23, 2018 in which Belmont announced the commencing by Quantec Geoscience Limited (“Quantec”) of the Spartan AMT/MT Survey.

Belmont is pleased to announce the receipt of the Geophysical Report for Spartan Magnetotelluric (MT) Survey over the KibbyBasin property, carried out by Quantec. The survey covered most of Belmont’s Kibby Basin-Nevada claims and included the playa basin area as well as some of the adjoining higher level lands.

The MT survey and 3D inversion report clearly mapped a more conductive zone at many of thesurvey stations. This variation of the resistivity at depth is interpreted by Quantec as being a potential contact with sub-surface brine that may contain lithium.

The results of the MT survey are a critical source of information and provides a vital step that allows Belmont to select the most prospective locations and higherprobability brine aquifer targets for the next phase of drilling in 2018. Locations where the potential brine contacts are closest to the playa surface are being considered by Belmont as themost favourable targets.

The survey was completed in January, 2018 by field staff from Quantec and measured MT data at a total of 49 sites distributed along an XY grid with a site separation of 1000 metres, comprising approximately 36 square kilometers. The MT data were analyzed using 3D inversion which provides Belmont with a 3D model of the property from the surface down to 3 kilometers depth.

The results of the Quantec MT survey correlated well with information previously obtained from the gravity survey modeling (Wright Geophysics -2016). Quantec’s MT survey results clearly map a more conductive zone beginning at approximately 500m depth.

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General Moly announces follow-up targetting

General Moly to Explore for Copper, Silver and Zinc at Mt. Hope Project

– Historical Drill Intercepts Indicate Potential For High-Grade, Copper-Silver Target

– New Results from Geophysical Survey Highlight Anomalies for Follow-Up Drilling

LAKEWOOD, Colo., March 1, 2018 /PRNewswire/ — General Moly, Inc. (the “Company” or “General Moly”) (NYSE American and TSX: GMO), the only western-exchange listed, pure play molybdenum development company, reports that based on a review of historic drill results, the Company has identified a potential high-grade, copper-silver exploration target along with a significant zinc mineralized area at the Mt. Hope Projectsite, southeast of the Mt. Hope’s molybdenum deposit in central Nevada.

Given the presence of this copper-silver target (“Cu-Ag Target”) and zinc mineralization, General Molyundertook a high-intensity, ground-based Induced Polarization (“IP”) survey to determine if potential continuity and the size of the mineralization would justify additional exploration and evaluation. The IP survey was completed in February 2018 by Quantec Geoscience and indicates a fairly continuous group of high chargeability anomalies that appear aligned with the recently identified Cu-Ag Target.

These anomalies lie between 100 feet and 1,000-plus feet from the surface and trend northeast for over 1,000 feet. The IP survey indicates that the anomalies could continue further to the north-northeast and to the south where they appear to dip to the east.

Ground IP Survey Results Highlights

The IP survey, which focused on the Cu-Ag Target, comprised six lines each of a 2,400-foot length with 2 lines running SW to NE (lines 1 and 6) and 4 lines (lines 4, 3, 2 and 5) running SE to NW and perpendicular to lines 1 and 6.

The survey found an anomalous high chargeability zone located at between 100 to 1,000 feet of depth with thicknesses between 200 and 800 feet, up to 1,000 feet of width and measuring over 1,000 feet trending north-northeast. (Please refer to the cross section of Line 3 shown below and to Appendix Illustration 2. High chargeability is indicated by the orange, red and pink colors.)

 

In addition, results from all the IP lines indicate that the anomalous zone remains open at depth. Parallel IP lines 1 and 6 also indicate that the anomalous zone appears to trend to the northeast dipping towards the southwest, remaining open.  Based on the IP results and historic drilling data, the Cu-Ag Target appears to lie at a 40-degree angle down dip.

Account Executive

Opportunity Overview:

Quantec Geoscience Ltd. is searching for a strategic Account Executive that is driven and passionate about creating new relationships. In this role, you will be responsible for generating new business and growing existing accounts for one of the most respected and effective geophysical survey companies in the world.

If you’re a consultative sales expert with a proven track record of delivering technical solutions that keep clients coming back for more. If you are a proven sales professional that finds excitement in hunting and generating new accounts. If you have a deep understanding of the entire sales process from start to finish including how to strategically network and generate additional revenue streams.

If you’re passionate about the future of exploration and mining – then Quantec is the right place to be!

Requirements of Role:

The Account Executive is responsible for acquiring, expanding and maintaining an assigned territory or area of sales accounts. He/she is responsible for establishing new business, developing current business relationships and ensuring client satisfaction. This role involves increasing company revenue by generating sales from new and existing customers. To this end, the Account Executive will identify, qualify, and close accounts.

Responsibilities:

  • Present, promote and sell geophysical services and products to existing and prospective customers using the company’s value proposition.
  • Through industry research, perform cost-benefit and needs analysis of existing/potential customers to meet their needs.
  • Provide reports to management on customer needs, competitive analysis, market trends, and business environment, for strategic planning processes.
  • Cold-call customer prospects generated by market research and internal leads.
  • Achieve agreed upon sales targets and outcomes within schedule.
  • Coordinate sales effort with in-house technical experts and other departments to provide sales presentations to customers to meet their needs.
  • Establish, develop and maintain positive business and customer relationships.
  • Build customer loyalty, ensuring communication is open and efficient.
  • Collaborate with Sales & Marketing Manager to determine necessary strategic sales approaches.
  • Assist in creating Request for Proposal (RFP) responses to potential clients.
  • Emphasize product/service features and benefits, quote prices, discuss credit terms, and prepare sales contracts.
  • Ensure client information is kept up to date in CRM system (Salesforce).
  • Promote services through marketing efforts such as trade shows, exhibits, and other events.
  • Complete other responsibilities, as assigned.

Desired Skills and Experience:

  • University degree or Post-secondary education in Geophysics or Geology or equivalent experience, with a minimum of 3 years Industry experience required.
  • Highly motivated and target driven with a proven track record in sales.
  • Ability to communicate with all levels of employees, verbally and in writing.
  • Experience in Relationship Management, Business Development or Technology.
  • Ability to manage multiple, complex projects and priorities.
  • Strong communication, presentation and negotiation skills.
  • Ability to work independently as well as in a team environment.
  • Proficiency in Microsoft Office and experience with CRM (preferably Salesforce).

Please submit your resume and cover letter via email to:

resume@quantecgeoscience.com

Attention: Human Resources

We thank all applicants for their interest but only those selected for an interview will be contacted.

Quantec welcomes and encourages applications from people with disabilities. Accommodations are available on request for candidates taking part in all aspects of the selection process.

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Quantec at the 2018 PDAC

Visit the Quantec Team at the PDAC from March 4 -7 , 2018

 

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QUANTEC HEAD OFFICE

146 Sparks Avenue
Toronto, Ontario M2H 2S4
Canada
Tel: +1-416-306-1941
Fax: +1-416-306-1949

Sales enquiries:
Tel: +1-416-306-1941 ext 235

Human Resources:
resume@quantecgeoscience.com

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BFG Consultant for KORE Mining reacts to recent MT Data acquisition project.

“That data looks fantastic!

Thank you for all your efforts, and thank the crew as well.  They did a great job on this project.”

 

Brian Bengert, President of BFG consulting.

BFG Consulting specializes in  geophysical consulting for base metal and gold exploration mineral exploration companies.

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PERU

Quantec Geoscience (Peru) S.A.C.
Arequipa, Peru

Business Development: Leduar Ramayo
Tel: +51-54-288-686
lramayo@quantecgeoscience.com