Strike action resolved at Hitura Nickel Mine



    Exchange: TSX V Symbol: BEL

    VANCOUVER, Sept. 29 /CNW/ - Belvedere Resources Ltd. BEL:TSX-V
("Belvedere") reports that the strike action at Hitura Mine has now ended.
After negotiations with management, underground miners returned to work for
both shifts today. The proposed new roster system will be adopted from Monday
October 13th.

    About Belvedere:

    Belvedere Resources Ltd. is a publicly-listed resource company engaged in
the business of nickel production and exploring, discovering and developing
mineral wealth in Finland. Belvedere currently produces 2,500 tonnes annually
of payable nickel metal in concentrate from its 100% owned Hitura Nickel Mine
in Western Finland.

    Forward Looking Statement:

    Some of the statements contained herein may be forward-looking
statements, which involve known and unknown risks and uncertainties. Without
limitation, statements regarding future plans and objectives of the Company
are forward looking statements that involve various degrees of risk. It is
important to note that the Company's actual results could differ materially
from those in such forward-looking statements.
    This statement is prepared by Dr. Toby Strauss, who is acting as
Qualified Person in compliance with National Instrument 43-101 with respect to
this release.

    
    BELVEDERE RE

SOURCES LTD. David Pym, CEO Suite No. 404, Vancouver World Trade Centre 999 Canada Place, Vancouver. BC. V6C 3E2, Canada The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this news release.

For further information:

For further information: David Pym (CEO) or Toby Strauss (COO) at (604)
844-2838, or visit www.belvedere-resources.com

Organization Profile

BELVEDERE RESOURCES LTD.

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