Highlights of the programme include:

- 122.42m @ 1.52 g/t Au in BELANG 4

- 74.05 m @ 1.05 g/t Au in BELANG 3

- 0.72m @ 39.8 g/t Au in BELVES 1

David Pym (CEO) comments "...We are very pleased with these drill results. It demonstrates our confidence in the potential of the area as an emerging gold district. The Angesneva occurrence shows excellent size potential and is open down-dip and along strike. The single drill hole into the Vesipera occurrence confirms the high-grade gold values intersected by historical drilling and demonstrates potential for narrow high grade targets as well as large lower-grade targets within the area. There are numerous other geochemical and geophysical target areas defined within the property area and Belvedere is looking forward to testing these throughout the remainder of the year..."

Angesneva Occurrence: The diamond drill programme consisted of 563.70 metres of drilling over 4 holes. The program was designed to test the validity of historical results and to investigate extensions to mineralisation. BELANG 1 to 4 were drilled on 50 m spaced section lines which infilled the historical drilling to 25 metre spaced sections. BELANG 4 was drilled to test the downplunge extents to the mineralisation. Significant weighted average intersections are summarised in the table below. True widths are estimated to be 70 - 80% of the intersect widths. The drillhole plan can be viewed on the company's website http://www.belvedere-resources.com/. -- www.cnxmarketlink.com