Belmont Resources Inc. announced the retirement of Vojtech Agyagos as CEO/President of the company, effective January 31, 2018. Vojtech Agyagos has served on the Board of Directors since December 1996 and assisted in the exploration and development of projects in the Slovak Republic, Saskatchewan and currently Nevada. Vojtech will remain on the board of directors and is appointed as Chairman of the Board.

He will be available to consult and offer his services as required. James (Jim) H. Place, P. Geo. appointed as interim CEO/President.

Jim Place has been serving on the Advisory Board of Belmont since June 2016 assisting in the review of contracts and consulting of the Belmont Kibby-Lithium Nevada Project, including an onsite visit while the first phase of diamond drilling was taking place in May 2017. Mr. Place is a professional geoscientist (registered in BC) with more than 30 years of experience in the aggregate, heavy construction, and engineering fields.