News Release Worth RepeatingSo good, ...it's worth repeating. Here's the full PR on drill results. Take a look at the part i highlightes about them bringin in 2 additional drill rigs....for total of 6 drill rigs that are presumably going full tilt bogey!!! Looks like Stan Bharti and his lads are going to keep drilling and drilling this sweet very promising little play up and up. Predict we have a long string of good news to look forward on this play!!!
And guess this is helps explain why so many insiders have been so very bullish on the stock!!!
"Belo Sun Announces Assay Results from Volta Grande Project and Extends Ouro Verde Deposit
Last Update: 2/7/2011 7:01:35 AM
TORONTO, ONTARIO, Feb 07, 2011 (MARKETWIRE via COMTEX) -- Belo Sun Mining Corp. (BSX) (the "Company" or "Belo Sun") is pleased to announce assay results from 15 additional drill holes from the diamond drilling program at its Volta Grande Gold Project located in Para State, Brazil. These results extend the known mineralization at the Ouro Verde deposit 50 meters to the northwest and 50 meters to the southeast, giving a total strike length of 1.15 km along strike.
The highlights include the following intercepts:
Grota Seca Deposit:
-- Hole VVGD-043: 23.4 meters grading 1.96 g/t Au, including 11.35 meters grading 3.06 g/t Au
Ouro Verde Deposit:
-- Hole VVGD-039: 16.88 meters grading 2.22 g/t Au, including 7.85 meters grading 3.75 g/t Au and 12.0 meters grading 2.01 g/t Au, including 6.90 meters grading 3.06 g/t Au;-- Hole VVGD-053: 7.62 meters grading 3.17 g/t Au, including 3.62 meters grading 6.40 g/t Au
Results, which are detailed in the table below, also include an additional 5 drill holes from the Grota Seca deposit as well as an additional 7 drill holes from the Ouro Verde deposit.
Belo Sun has now completed 60 drill holes of its ongoing program, which is designed to upgrade and expand the existing mineral resource. Assay results from six of these holes remain pending at the lab.
The geological map of the Volta Grande Gold Project, with diagrams setting out the main deposit locations, is included at the end of this news release.
Mark Eaton, the President and CEO for Belo Sun, stated, "We continue to be delighted with our ability to consistently expand and upgrade mineralization through our drilling program. We have now added two more drill rigs to the Volta Grande project bringing the total to six."
TABLE 1 - DIAMOND DRILLING ASSAY RESULTSThe widths reported above represent the core width of the intercepts; true widths are expected to range between 85-95% of the core width.---------------------------------------------------------------------------- Grota Seca target--------------------------------------------------------------------------------------------------------------------------------------------------------Hole # From (m) To (m) Width (m) Au g/t--------------------------------------------------------------------------------------------------------------------------------------------------------VVGD-043 0.00 9.56 9.56 0.73----------------------------------------------------------------------------and 15.70 24.03 8.33 0.47----------------------------------------------------------------------------and 69.90 79.15 9.25 2.04----------------------------------------------------------------------------and 112.30 135.75 23.45 1.96----------------------------------------------------------------------------including 116.55 127.90 11.35 3.12----------------------------------------------------------------------------and 185.75 187.25 1.50 7.60--------------------------------------------------------------------------------------------------------------------------------------------------------VVGD-046 38.20 61.00 22.80 0.83----------------------------------------------------------------------------and 76.82 80.35 3.53 0.77----------------------------------------------------------------------------and 88.34 93.20widths reported above represent the core width of the intercepts; true widths are expected to range between 85-95% of the core width.---------------------------------------------------------------------------- Grota Seca target--------------------------------------------------------------------------------------------------------------------------------------------------------Hole # From (m) To (m) Width (m) Au g/t--------------------------------------------------------------------------------------------------------------------------------------------------------VVGD-043 0.00 9.56 9.56 0.73----------------------------------------------------------------------------and 15.70 24.03 8.33 0.47----------------------------------------------------------------------------and 69.90 79.15 9.25 2.04----------------------------------------------------------------------------and 112.30 135.75 23.45 1.96----------------------------------------------------------------------------including 116.55 127.90 11.35 3.12----------------------------------------------------------------------------and 185.75 187.25 1.50 7.60--------------------------------------------------------------------------------------------------------------------------------------------------------VVGD-046 38.20 61.00 22.80 0.83----------------------------------------------------------------------------and 76.82 80.35 3.53 0.77----------------------------------------------------------------------------and 88.34 93.20 4.86 0.80----------------------------------------------------------------------------and 172.75 181.30 8.55 3.03----------------------------------------------------------------------------and 222.05 228.65 6.60 0.55----------------------------------------------------------------------------and 240.00 244.00 4.00 1.47----------------------------------------------------------------------------and 285.85 304.90 19.05 0.55--------------------------------------------------------------------------------------------------------------------------------------------------------VVGD-047 102.86 112.98 10.12 0.72----------------------------------------------------------------------------including 102.86 106.72 3.86 1.18----------------------------------------------------------------------------and 144.00 160.72 16.72 1.14----------------------------------------------------------------------------including 157.35 160.72 3.37 3.03----------------------------------------------------------------------------and 197.34 200.41 3.07 1.12----------------------------------------------------------------------------and 206.75 211.00 4.25 0.61----------------------------------------------------------------------------and 280.94 287.00 6.06 0.66----------------------------------------------------------------------------and 339.97 349.03 9.06 0.50----------------------------------------------------------------------------and 372.50 376.50 4.00 0.96--------------------------------------------------------------------------------------------------------------------------------------------------------VVGD-056 25.13 42.54 17.41 0.49----------------------------------------------------------------------------and 48.35 57.70 9.35 0.59----------------------------------------------------------------------------and 63.55 79.55 16.00 0.86----------------------------------------------------------------------------including 65.00 73.08 8.08 1.19----------------------------------------------------------------------------and 86.57 93.57 7.00 0.95----------------------------------------------------------------------------and 126.50 132.20 5.70 0.50----------------------------------------------------------------------------and 207.81 217.15 9.34 0.65--------------------------------------------------------------------------------------------------------------------------------------------------------VVGD-057 139.00 142.00 3.00 1.07--------------------------------------------------------------------------------------------------------------------------------------------------------VVGD-060 50.95 56.17 5.22 0.61----------------------------------------------------------------------------and 84.00 98.78 14.78 0.56----------------------------------------------------------------------------including 91.50 94.45 2.95 1.42----------------------------------------------------------------------------and 116.10 141.20 25.10 0.90----------------------------------------------------------------------------including 130.45 135.20 4.75 1.89----------------------------------------------------------------------------and 162.60 173.85 11.25 1.38----------------------------------------------------------------------------including 162.60 168.00 5.40 2.14------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ Ouro Verde target--------------------------------------------------------------------------------------------------------------------------------------------------------Hole # From (m) To (m) Width (m) Au g/t--------------------------------------------------------------------------------------------------------------------------------------------------------VVGD-039 47.00 60.00 13.00 0.63----------------------------------------------------------------------------and 66.00 78.00 12.00 2.20----------------------------------------------------------------------------including 73.00 78.00 5.00 4.96----------------------------------------------------------------------------and 121.12 138.00 16.88 2.22----------------------------------------------------------------------------including 122.70 130.55 7.85 3.75----------------------------------------------------------------------------and 185.50 189.16 3.66 0.60----------------------------------------------------------------------------and 202.35 213.20 10.85 1.11----------------------------------------------------------------------------and 223.11 227.88 4.77 0.81----------------------------------------------------------------------------and 236.92 244.31 7.39 0.69----------------------------------------------------------------------------and 255.32 267.32 12.00 2.01----------------------------------------------------------------------------including 255.32 262.22 6.90 3.06--------------------------------------------------------------------------------------------------------------------------------------------------------VVGD-044 NSR--------------------------------------------------------------------------------------------------------------------------------------------------------VVGD-045 NSR--------------------------------------------------------------------------------------------------------------------------------------------------------VVGD-048 160.95 172.87 11.92 2.47--------------------------------------------------------------------------------------------------------------------------------------------------------VVGD-049 NSR--------------------------------------------------------------------------------------------------------------------------------------------------------VVGD-051 NSR--------------------------------------------------------------------------------------------------------------------------------------------------------VVGD-052 NSR--------------------------------------------------------------------------------------------------------------------------------------------------------VVGD-053 35.30 44.20 8.90 1.01----------------------------------------------------------------------------and 64.51 68.20 3.69 1.38----------------------------------------------------------------------------and 124.30 127.45 3.15 0.90----------------------------------------------------------------------------and 145.55 153.17 7.62 3.17----------------------------------------------------------------------------including 145.55 149.17 3.62 6.40----------------------------------------------------------------------------and 171.70 179.45 7.75 1.57----------------------------------------------------------------------------including 172.70 176.80 4.10 2.44----------------------------------------------------------------------------and 186.00 193.90 7.90 0.54----------------------------------------------------------------------------and 234.80 239.60 4.80 0.68--------------------------------------------------------------------------------------------------------------------------------------------------------VVGD-055 N