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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

Post by StackLexus17on Aug 09, 2022 9:47am
195 Views
Post# 34881179

AUG Update - Stansberry Research

AUG Update - Stansberry Research No changes from info we all already know. 

Belo Sun Mining (OTC: BSXGF) reported on July 20 the Supreme Court of Par State, home of Belo's Volta Grande project, had overturned the suspension order by the city of Altamira's Agrarian Court. The Supreme Court said there "was no evidence of harm or damage to the riverside people..." and "that the decision of the Agrarian Court causes damage to the Company and stated there should be no obstacles for Belo Sun to continue with the environmental licensing process..." Responding to GSA, Belo said it does not expect further progress until after the federal and state elections at the end of October so the officials can refocus on their jobs.
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