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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

Comment by bullmostlyon Dec 13, 2022 2:18pm
129 Views
Post# 35169094

RE:Lula

RE:LulaCorrect. But he also said he will look to stop illegal mining in Brazil...which is what a great deal of the environmental concern is about. Para is the second largest mining state in Brazil. The majors were planning on investment staying the same going forward regardless of which person won the presidency. If illegal mining gets tackled, legal mining will be important to replace that income. The gold from illegal mining is still sold to legit buyers of gold that package it up for export. There just currently is no good controls in place for the supply chain but there should be in time.
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