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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

Comment by Krishak5on Dec 20, 2020 9:56am
240 Views
Post# 32148863

RE:GSA confirm approval coming soon!!! 🙂

RE:GSA confirm approval coming soon!!! 🙂Thanks, this sounds right as dynamic123 posted it on Dec 14 and the Dec issue of GSA should have come out on Dec 12th. John Doody at GSA gets regular updates from Belo, eg. "Belo Sun Mining's top management updated GSA in an October 6 phone call on the Indigenous people's study...."  The Oct issue of GSA was the last one I was able to see, so appreciate this heads up.

GSA has had Belo Sun Mining on its top 10 list for more than a year with a target price of $5/share. Belo was reviewed in depth in GSA's August issue: " Possible suitors for a JV or takeover are any large miner with significant operations already in Brazil, such as Equinox Gold, Yamana Gold, and Kinross Gold, plus others known to be on the prowl - inclusing B2Gold. Sun Valley Gold's 24% stake in Belo will assure any bids are fair. 
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