Belvedere Options High-grade Gold Property in Central Finland

Kangaskylä Property:

Belvedere has recently signed an option agreement with a local prospector, to acquire the Kangaskylä gold property in Central Finland. The property contains high-grade coarse gold mineralization intersected in historical diamond drilling accompanied by numerous boulders and a large gold till anomaly. The property is located 25 kilometres SW of Belvedere’s Kopsa gold copper deposit and forms part of a cluster of gold properties Belvedere is developing in the region.

Coarse gold flakes up to 3mm in size are found in boulders and have been exposed in bedrock, hosted by isolated quartz-carbonate veins up to a metre in width, with a strike length of several hundred metres. Grades up to 1m @ 26.7 g/t Au have been intersected in drilling with numerous boulders assaying above 1 oz/t Au.

Belvedere is principally attracted to the area by a large gold anomaly in glacial till outlined by previous workers. Numerous coarse gold flakes have been recently panned from the surface of
the till, at the head of a 3km long gold till anomaly. The till train is associated with several high-grade boulders containing visible gold, which lie up ice from any known bedrock gold mineralization. The shape of the gold grains suggests that the source area is in close proximity to the grains and is likely to be less than 300m up ice from the current location.

Gold till trains have been successfully used to locate gold deposits in Finland and Canada. The size of the gold train indicates a significant source up-ice of all known mineralization. Belvedere
has commenced a substantial heavy mineral sampling programme to localise the source area. If this programme proves successful, Belvedere will take up the option on the property and begin a bedrock drilling campaign.

BELVEDERE RESOURCES LTD. Andrew Aylwin, President

For further information, please contact:
Andrew Aylwin: 011-44-7779-128125
Steve Cuthill: 1-604-408-0550

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