Overview
The 100% owned Volta Grande Project is located approximately 60
kilometres southwest of the town of Altamira (pop. 100,000) in the
northern region of Para State. The geological setting (Tres Palmeiras greenstone belt)
at the project area is part of the same sequences present in the
Carajas "World Class" mineral province. The Company currently controls
the mining and exploration rights over an area covering 130,541
hectares(1,305 sq. km) of the area known for artisanal gold mining. Read more
Exploration Activities
In order to prepare the Volta Grande Project for a Definitive Feasibility Study which will commence in Q1 of 2014, Belo Sun launched a large diamond drill program in mid 2010 with the aim of upgrading and expanding the projects resources. Since drilling commenced in 2010, Belo Sun has increased the Measured & Indicated Resources to 5.1M oz/Au with an average grade of 1.69 g/t Au, Inferred Resources to 2.5M oz/Au with an average grade of 1.75 g/t Au. Additionally, drill results continue to confirm the potential for further increasing the resources at Volta Grande. Read moreNI 43-101 Resources
The table below presents the mineral resource estimate:| Volta Grande | Project Resources | Measured | Indicated | Measured & Indicated |
Inferred |
| Ouro Verde Pit Constrained |
Tonnes ('000s) |
24,036 |
20,087 |
44,123 |
22,602 |
| Grade (g/t Au) |
1.78 | 1.61 |
1.70 | 1.48 |
|
| Ounces ('000s) |
1,379 | 1,037 |
2,416 |
1,079 |
|
| Ouro Verde Underground | Tonnes ('000s) |
64 |
64 |
831 |
|
| Grade (g/t Au) |
2.66 |
2.66 |
3.13 |
||
| Ounces ('000s) |
5 |
5 |
84 |
||
| Grota Seca Pit Constrained |
Tonnes ('000s) |
31,384 |
15,671 |
47,055 |
18,265 |
| Grade (g/t Au) |
1.61 |
1.56 | 1.59 | 1.59 | |
| Ounces ('000s) |
1,620 | 788 |
2,408 | 932 |
|
| Grota Seca Underground | Tonnes ('000s) |
53 |
53 |
695 |
|
| Grade (g/t Au) | 2.88 |
2.88 |
3.38 |
||
| Ounces ('000s) |
|
5 |
5 |
75 |
|
| South Block Pit Constrained |
Tonnes ('000s) |
2,503 |
2,503 |
2,921 |
|
| Grade (g/t Au) |
3.06 |
3.06 |
3.94 |
||
| Ounces ('000s) |
246 |
246 |
370 |
||
| South Block Underground |
Tonnes ('000's) |
24 |
24 |
193 |
|
| Grade (g/t Au) |
4.24 |
4.24 |
4.05 |
||
| Ounces ('000s) |
3 |
3 |
25 |
||
| Total Volta Grande | Tonnes ('000s) |
55,420 |
38,402 |
93,822 |
45,507 |
| Grade (g/t Au) |
1.68 | 1.69 |
1.69 | 1.75 | |
| Ounces ('000s) |
2,999 |
2,085 |
5,084 |
2,565 |
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