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segunda-feira, 30 de dezembro de 2013

Belo Sun Drills 49.50 Meters Grading 5.04 g/t Au at Northwest Extension of Ouro Verde Deposit, Brazil

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Belo Sun Drills 49.50 Meters Grading 5.04 g/t Au at Northwest Extension of Ouro Verde Deposit, Brazil


TORONTO, ONTARIO--(Marketwire ) - Belo Sun Mining Corp. (TSX:BSX) (the "Company" or "Belo Sun") is pleased to announce assay results from 14 additional drill holes from the diamond drilling program at its Volta Grande Gold Project located in Para State, Brazil. The complete results and selected cross sections are presented below. The results being released include 12 drill holes from the Ouro Verde deposit and 2 drill holes from the Grota Seca deposit. These holes are part of the 2012 drilling program to upgrade and expand the project estimated mineral resources which will be the basis of the definitive feasibility study. There are several very significant intercepts in this round of results as follows:
--  Hole VVGD-339 (located at Ouro Verde Cross Section 875 NW) has
    intersected multiple mineralized zones such as 49.50 meters grading 5.04
    g/t Au (from 184.90 meters) including 8.33 meters grading 21.79 g/t Au
    (from 188.12 meters).
--  Hole VVGD-327 (located at Ouro Verde Cross Section 875 NW) has
    intersected multiple mineralized zones such as 44.20 meters grading 1.90
    g/t Au (from 206.80 meters) including 7.27 meters grading 6.54 g/t Au
    (from 221.85 meters).
--  Significant down dip intercepts in the same region also includes VVGD-
    331 (Ouro Verde Cross Section 925 NW) with 27.70 meters grading 3.57 g/t
    Au (from 146.00 meters) including 11.35 meters grading 7.56 g/t Au (from
    146.00 meters) and VVGD-340 (Ouro Verde Cross Section 825 NW) with 29.25
    meters grading 2.21 g/t Au (from 214.00 meters) including 9.50 meters
    grading 4.50 g/t Au (from 217.00 meters).

Since April 2010 Belo Sun has completed 107,969 meters of drilling and expects to release a new mineral resource estimate update later this quarter followed by a full report to be issued and filed on SEDAR in due course.
Helio Diniz, the Vice President, Exploration for Belo Sun, stated, "It is very encouraging that the drilling continues to extend the Ouro Verde deposit with such significant intercepts. It demonstrates that the Volta Grande Project north block deposits are part of a major mineralized system that continues to expand beyond the currently known dimensions of about 300-400 meters wide and 4-5 km long. The drilling has shown that the mineralization extends to at least 500 meters from surface. Moreover it is open in all directions".
A complete summary of assays are listed below. To date, Belo Sun has completed 364 drill holes at the Volta Grande Gold Project, of which assays remain pending for 24 holes. The current drilling program is designed to upgrade and expand the existing mineral resource estimate and further results will be released as they become available.
The geological map of the Volta Grande Gold Project, with diagrams setting out the main deposit locations, is included below.
                  TABLE 1 - DIAMOND DRILLING ASSAY RESULTS

 The widths reported below represent the core width of the intercepts; true
       widths are expected to range between 85-95% of the core width.
          --------------------------------------------------------
                             Ouro Verde Deposit
          --------------------------------------------------------
           Hole #       From (m)     To (m)  Width (m)     Au g/t
          --------------------------------------------------------
           VVGD-318        76.30      79.30       3.00       1.31
           and            105.00     108.70       3.70       0.56
           and            157.60     165.60       8.00       0.51
          --------------------------------------------------------
           VVGD-319        89.20      96.85       7.65       5.10
           and            141.50     144.55       3.05       2.88
           and            149.60     164.00      14.40       0.96
           and            192.80     197.00       4.20       0.82
           and            217.00     231.00      14.00       4.94
           and            245.55     256.45      10.90       2.14
           and            261.50     264.55       3.05       0.68
           and            334.70     340.50       5.80      10.16
          --------------------------------------------------------
           VVGD-323         0.00       4.14       4.14       0.66
           and            143.28     148.32       5.04       0.62
           and            205.20     212.93       7.73       1.61
           and            236.00     239.62       3.62       0.87
          --------------------------------------------------------
           VVGD-324         0.00       5.00       5.00       0.67
           and             16.00      22.00       6.00       0.90
           and             66.00      82.00      16.00       0.82
           and            155.00     161.20       6.20       1.34
           and            165.00     196.60      31.60       1.47
           including      180.00     190.00      10.00       2.76
           and            202.00     206.00       4.00       1.54
          --------------------------------------------------------
           VVGD-327        63.20      70.00       6.80       3.22
           and            145.00     155.00      10.00       5.82
           and            206.80     251.00      44.20       1.90
           including      221.85     229.12       7.27       6.54
           and            273.00     284.00      11.00       0.55
           and            293.00     296.41       3.41       0.76
           and            336.00     340.65       4.65       1.14
           and            387.00     394.00       7.00       1.00
          --------------------------------------------------------
           VVGD-328         0.00       6.00       6.00       0.53
           and            131.40     135.20       3.80       0.84
           and            158.90     163.60       4.70       2.25
          --------------------------------------------------------
           VVGD-330        15.00      18.00       3.00       0.52
           and             23.69      28.00       4.31       0.60
           and             53.15      58.30       5.15       0.54
           and            124.75     129.33       4.58       0.92
           and            178.90     193.00      14.10       0.98
          --------------------------------------------------------
           VVGD-331        34.00      41.00       7.00       3.85
           and             98.00     101.00       3.00       0.69
           and            146.00     173.70      27.70       3.57
           including      146.00     157.35      11.35       7.56
           and            182.00     190.17       8.17       1.45
           and            208.45     221.00      12.55       5.15
           including      209.00     215.00       6.00       9.76
           and            285.00     289.40       4.40       0.60
           and            303.00     308.00       5.00       0.72
          --------------------------------------------------------
           VVGD-333        83.90      87.10       3.20       0.76
           and             92.00      99.20       7.20       0.62
           and            183.00     202.30      19.30       2.69
           including      193.45     201.30       7.85       4.22
           and            271.00     277.00       6.00       1.64
          --------------------------------------------------------
           VVGD-335         1.00       6.00       5.00       0.81
           and             26.00      31.00       5.00       0.64
           VVGD-338       107.10     113.00       5.90       0.52
          --------------------------------------------------------
           VVGD-339        28.00      32.10       4.10       0.59
           and            135.00     138.85       3.85       1.73
           and            153.29     158.38       5.09       0.54
           and            184.90     234.40      49.50       5.04
           including      188.12     196.45       8.33      21.79
           and            278.00     287.48       9.48       0.61
           and            304.85     308.00       3.15       0.82
          --------------------------------------------------------
           VVGD-340        70.10      74.10       4.00       1.69
           and             89.90      98.25       8.35       2.32
           and            112.10     115.10       3.00       0.76
           and            167.00     173.00       6.00       6.78
           and            191.00     200.00       9.00       0.94
           and            214.00     243.25      29.25       2.21
           including      217.00     226.50       9.50       4.50
           and            249.00     259.00      10.00       0.96
           and            272.00     275.45       3.45       0.54
           and            287.00     291.00       4.00       0.60
           and            346.44     354.60       8.16       5.75
           and            365.80     371.00       5.20       0.55
           and            394.19     398.70       4.51       0.57

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