Thursday 20th October 2016

Resource Clips

Belo Sun reports Brazil Assays up to 2.59 g/t Gold over 59.3m

Resource Clips - essential news on junior gold mining and junior silver miningBelo Sun Mining Corp TSXV:BSX announced results from its Volta Grande Gold Project in Para State, Brazil. Highlights include

2.59 g/t gold over 59.3 metres
(including 4.06 g/t over 21.4 metres)
2.71 g/t over 34.4 metres
(including 5.93 g/t over 12.7 metres)
4.73 g/t over 19.7 metres
(including 6.8 g/t over 12.2 metres)
20.88 g/t over 4 metres
3.68 g/t over 24 metres
(including 8.13 g/t over 10 metres)
16.08 g/t over 4.7 metres

VP of Exploration Helio Diniz commented, “As was reported in Belo Sun’s financial statements for the quarter ended September 30, 2011, the company held $43 million in cash and cash equivalents as of September 30, 2011. As drill results at the Volta Grande Project continue to demonstrate that the deposits are open for further expansion, Belo Sun remains well funded to continue this highly successful drill programme into 2012. The drilling results to date have been very encouraging and we are intersecting numerous higher-grade zones. On this basis we will tender a further 70,000 metres of diamond drilling, of which 36,000 metres are planned to be completed in the first half of 2012.”

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Mark Eaton

by Greg Klein

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