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Belo Sun Mining Corp T.BSX

Alternate Symbol(s):  BSXGF

Belo Sun Mining Corp. is a Canada-based development and mineral exploration mining company. The Company is advancing Brazil's undeveloped gold deposit at the Volta Grande Project in Para State. The Volta Grande Project is situated in the Tres Palmeiras greenstone belt in Para State, Brazil. Although the project's mining license covers 2400 hectares (24 square kilometers), the actual area dedicated to the mining operation is much smaller, encompassing only about 10 square kilometers. The Volta Grande Gold Project is accessible by both road and river. Altamira is a major regional center with a population of 150,000 and is serviced by a local airport and the Trans-Amazonian Highway. The Volta Grande Project's mineral resources are divided into two areas: the North Block and the South Block. The North Block comprises four zones: Ouro Verde, Junction, Grota Seca, and Greia. The South Block is situated approximately 10 kilometers to the south-east.


TSX:BSX - Post by User

Bullboard Posts
Comment by eebleron Jun 12, 2012 8:18am
339 Views
Post# 20002535

RE: News

RE: News

A check of the illustrations showing how they are conceptualizing the veins is very interesting.  It suggests they could be looking at another vein swarm that with continued drilling could turn into something very big.  The Grande Target looks to have two of the most prospective drill results with holes VVGD329 and VVGD351 (last and 3rd-last results on the table).  For VVGD351 this is the intercept of note from the nr:

 

Some significant intercepts at the Grande Deposit include VVGD-351 with 5.00 meters grading 14.23 g/t gold (from 40.50 meters depth) and 8.83 meters grading 16.19 g/t gold (from 181.72 meters) should be highlighted,.

 

This area is less than 5kms from where they figure to put the plant, so with the average grades they are reporting it would easily offset any costs of trucking it up to the plant. 

 

Not expecting much of a reaction from the market given the sentiment out there, but longer term this is another value-add that could pay off handsomely.

 

eebler

Bullboard Posts