Belo Sun Mining Corp T.BSX

Alternate Symbol(s): BSXGF

Metals & Mining Gold

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.

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Belo Sun Mining Corp

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Comment by kentonbakeron Feb 17, 2016 5:32pm

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Post# 24568158

RE:RE:RE:Where are you guys?

I've been enjoying your digs Currower. I'm just going to add my two cents here. If gold stays above $1,200. and with the devaluation of the Real, the IRR of this project approaches 40%. There is probably two to three times the reported ounces still to be confirmed on the total property. Why do you think they increased their land holdings a couple years ago? This is one of the top 5 undeveloped projects in the world and time will benefit the patient investor. Now it seems, it could be sooner than later.

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