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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 SIGG1on Sep 11, 2024 12:47pm
166 Views
Post# 36218764

$8.5 billion USD

$8.5 billion USD

If the cash cost per ounce is $800 USD and the gold price is $2,500 USD, the company would make a profit of $1,700 USD per ounce. For 5 million ounces, the total potential profit would be:

  • $1,700 USD × 5 million ounces = $8.5 billion USD.

This gives us an idea of the potential value of the company based on the estimated profits from the gold resource.

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