Belmont Strengthens Board with Appointment of Dr. Thomas Unterweissacher, International Critical-Minerals Specialist
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February 26, 2026 – TheNewswire – Vancouver, B.C., Canada – Belmont Resources Ltd. (“Belmont” or the “Company”) (TSX.V: BEA; FSE: L3L2) is pleased to announce the appointment of Dr. Thomas Unterweissacher, EurGeol, to its Board of Directors.
Dr. Unterweissacher currently serves as Strategic Advisor and Head of Exploration for HMS Bergbau AG, a leading independent German energy trading and commodity group and a major shareholder of Belmont. He brings extensive experience in the exploration of lithium, niobium, tantalum, cobalt, and gold, with a proven track record leading complex exploration programs across Europe, Kazakhstan, and Nigeria.
Dr. Unterweissacher is a senior mining geologist and executive with more than two decades of international experience in critical minerals and precious metals exploration. As certified European Geologist (EurGeol) and Qualified / Competent Person under NI 43-101 and JORC he has led and overseen exploration programs covering lithium, niobium, tantalum, cobalt, nickel, rare earth elements and gold. He has particular expertise in pegmatite-hosted systems and district-scale project development. He holds a Doctorate in Mining Sciences (Dr. mont.) from Montanuniversität Leoben, Austria and has extensive operational experience spanning early-stage exploration through advanced project evaluation.
In his role at HMS Bergbau, Dr. Unterweissacher is overseeing the development of the company’s recently acquired lithium, cobalt, nickel, tantalum, and rare earth projects in Kazakhstan. As part of its broader critical-minerals growth strategy, HMS Bergbau is advancing the development of integrated lithium mining and processing facilities in East Kazakhstan including a lithium mining and processing plant and a separate pegmatite ore processing facility.
“Dr. Unterweissacher’s appointment further strengthens Belmont’s relationship with HMS Bergbau AG and reflects the alignment of long-term objectives between our organizations,” said George Sookochoff, Chairman of the Board of Belmont Resources. “His dual role brings valuable continuity between Belmont and a major strategic shareholder that is actively building a global critical-minerals platform, and we see this as a constructive step in advancing shared goals while maintaining strong governance and independence.”
Stock Options
Belmont Resources has granted incentive stock options to various directors, officers, advisors, and consultants to purchase 4,300,000 common shares of the Company at an exercise price of CAD$0.05 per share, exercisable for a period of five years from the date of grant. The stock options are subject to the terms and conditions of Belmont’s stock option plan and the policies of the TSX Venture Exchange.
About Belmont
About Belmont Resources Inc.
Belmont Resources Inc. (TSX-V: BEA; FSE: L3L2) explores and develops resource projects in Western Canada and United States focused on uranium, copper, gold, lithium and critical metals. Its portfolio includes:
• Crackingstone Uranium-REE Project (Saskatchewan)
• Athelstan-Jackpot Gold Project (Greenwood, B.C.)
• Come By Chance Copper-Gold Project (B.C.)
• Kibby Basin Lithium/Water Rights Project (Nevada)
• Lone Star Copper-Gold Project (Washington State)
NI 43-101 Disclosure:
Dr. Thomas Unterweissacher, EurGeol. is a qualified person for the purposes of National Instrument 43-101/JORC standards and has reviewed and approved the technical content in this news release.
On Behalf of the Board
“George Sookochoff”
George Sookochoff, Chairman/Director
C: 604-505-4061
Neither the TSX Venture Exchange nor its Regulation Services Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
This Press Release may contain forward-looking statements that may involve a number of risks and uncertainties, based on assumptions and judgments of management regarding future events or results that may prove to be inaccurate as a result of exploration and other risk factors beyond its control. Actual events or results could differ materially from the Companies forward-looking statements and expectations. These risks and uncertainties include, among other things, that we may not be able to obtain regulatory approval; that we may not be able to raise funds required, that conditions to closing may not be fulfilled and we may not be able to organize and carry out an exploration program in 2025, and other risks associated with being a mineral exploration and development company. These forward-looking statements are made as of the date of this news release and, except as required by applicable laws, the Company assumes no obligation to update these forward-looking statements, or to update the reasons why actual results differed from those projected in the forward-looking statements.
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