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Belo Sun Mining Corp T.BSX

Alternate Symbol(s):  BSXGF

Belo Sun Mining Corp. is a Canada-based mining company with a portfolio of gold-focused properties in Brazil. The Company is focused on the development of the Volta Grande Gold Project. The Volta Grande Gold Project covers over 2,400 hectares within the 'Tres Palmeiras' greenstone belt. The Volta Grande Gold Project is located in Para State, Brazil, approximately 60 km south-east of the city of Altamira. Altamira is a major regional center with a population of approximately 150,000 and is serviced by a local airport and the Trans-Amazonian Highway. The mineral resources on the Volta Grande Gold Project are subdivided in two areas: North Block and South Block. The North Block includes four zones; Ouro Verde, Junction, Grota Seca and Greia; the South Block is located approximately 10 km south.


TSX:BSX - Post by User

Bullboard Posts
Post by eebleron Jul 25, 2011 7:46am
546 Views
Post# 18867560

Drill results - including 12.85 meters grading 14.

Drill results - including 12.85 meters grading 14.
With gold up big-time, it is a great day for a good drill result news release.  They continue to come across good high-grade intercepts.  The note about how the Grota Seca and Ouro Verde deposit possibly being one continuous ore-body is something I speculated on many months ago and now might be the case.  If so, it could make for some big extensions.They also note that they still have 35 holes still with assays pending, so the news will continue to flow..
eebler

Belo Sun Intersects 62.50 Meters Grading 3.81 G/T Gold at the Grota Seca Deposit
7/25/2011 7:01:37 AM - Market Wire

Significant intercepts includes VVGD-103 (Grota Seca Cross Section 1850 W) with 62.50 meters grading 3.81 g/t Au (from 28.60 m depth) including 12.85 meters grading 14.01 g/t Au.

TORONTO, ONTARIO, Jul 25, 2011 (MARKETWIRE via COMTEX News Network) --

Belo Sun Mining Corp. (TSX VENTURE: BSX) (the "Company" or "Belo Sun") is pleased to announce assay results from twelve additional drill holes from the diamond drilling program at its Volta Grande Gold Project located in Para State, Brazil. The complete results and cross sections are presented in Table 1 below. Results from twelve drill holes include assays from nine drill holes from the Grota Seca deposit, four drill holes from the Ouro Verde deposit and one from the South Block target.

Highlights:

-- Holes VVGD-103 and VVGD-106 (Grota Seca Cross Section 1850 W and 1900 W
respectively) which are part of the infill drilling program designed to
upgrade the resource categories, intersected multiple mineralized zones.
These holes, located at the central part of the Grota Seca deposit, have
intersected high grade gold mineralization near surface and they confirm
true thickness and continuity of mineralization along strike and at
depth. Intercepts include: VVGD-103 with 62.50 meters grading 3.81 g/t
Au (from 28.60 m depth) including 12.85 meters grading 14.01 g/t Au and
VVGD-106.
-- Hole VVGD-102 (Ouro Verde Cross Section 50 SE) intercepted
mineralization between the Ouro Verde and Grota Seca deposits and may
suggest the two deposits could be continuous.
-- The infill drilling program at Ouro Verde is progressing as planned and
Belo Sun anticipates that the present program will upgraded the resource
categories in this area of the property in the near future.

 

To date, Belo Sun has completed 140 drill holes (35,592m) at the Volta Grande Gold Project, of which assays are pending for 35 holes. The current drilling program is designed to upgrade and expand the existing mineral resource estimate and further results will be released as they become available.

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