Further to our news releases of April 23 & August 25, 2008, Belmont Resources
Inc. (TSX VENTURE:BEA)(PINK SHEETS:BEAAF)(FRANKFURT:L3L) reports the following
update:


In 2008, EuroGas, Inc. announced that it had officially requested an
acceleration of the return of the Gemerska Poloma talc mining concession to
Rozmin s.r.o. by filing official requests with the Government of the Slovak
Republic and the European Commission. EuroGas filed these requests on behalf of
Rozmin, a company in which EuroGas owns 33% interest and has an agreement to
acquire a further 57% interest from Belmont Resources Inc.


May 18, 2011 Decision:

The Supreme Court of Slovakia in its non-appeable decision of May 18, 2011 once
again ruled in favour of Rozmin s.r.o. The Supreme Court judgment is a reversal
of the January 2005 decision where the Regional Mining office in Spiska Nova Ves
had granted the Gemerska Poloma talc concession mining rights to VSK Mining a
Slovakian company.


Rozmin has advised its solicitors to apply for all previous mining rights in
connection of Gemerska Poloma concession, including damages. The matter is
currently under arbitration as EuroGas is suing the Slovakian government for
$500 million Euros in connection with the cancellation and assignment of the
talc mining concession away from Rozmin s.r.o.


About Belmont Resources Inc.

Belmont has recently entered into an option to acquire 100% interest in 3,040
ha. (23 contiguous mineral claims), known as the Lumby/Bufo property located
approximately 35 km. northeast of the town of Atikokan and adjoining on strike
to the north-northeast with the Osisko Mining Corp. (former Brett Resources
Inc.) "Hammond Reef" deposit.


Belmont (50/50) with International Montoro Resources Inc. has acquired and
explored two significant uranium properties (Crackingstone - 982 ha & Orbit Lake
- 11,109 ha) in the Uranium City District in Northern Saskatchewan. The Company
also holds interests (50/50 with Int. Montoro Res.) in one rare earth mineral
and one uranium claim block in the Central Mineral Belt in Labrador.


Further information can be obtained from the Company website at
www.BelmontResources.com and www.Sedar.com.


ON BEHALF OF THE BOARD OF DIRECTORS

Vojtech Agyagos, CEO/President/Director

The statements used in this Press Release may contain forward-looking statements
that may involve a number of risks and uncertainties. Actual events or results
could differ materially from the Companies forward-looking statements and
expectations.


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