Belmont Resources Inc. (BEA) is engaged in the acquisition, exploration and development of resource properties. A part of the Company’s value is in relating to the Lumby/Bufo Lake, Ontario project. On March 17, 2011, the Company announced the completion of the final five holes of a 8-hole drill program for a total of 2,443.8 meters on the Lumby/Bufo property. As of January 31, 2012, the Company had no producing properties, as well as no sales or revenues.