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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Post by SIGG1on Apr 03, 2024 1:15pm

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Post# 35968102

Peter still hasn't paid his debt back to the company

As at December 31, 2023, the Company had a promissory note receivable totaling $228,080 outstanding, comprised of principal and interest. The promissory note receivable, owed by Bleo Sun’s President and CEO, Peter Tagliamonte, was due on October 23, 2023. To date, this amount has not been repaid. Mr. Tagliamonte may be required to sell some or all of the common shares acquired to repay the balance.

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Calibre discovers significant gold in Newfoundland