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Belo Sun Mining Corp. (TSX:BSX) announced an increased resource estimate at the Brazil-based Volta Grande gold project.
Belo Sun Mining Corp. (TSX:BSX) announced an increased resource estimate at the Brazil-based Volta Grande gold project.
As quoted in the press release:
Significant changes include:
- Measured and Indicated Open Pit Mineral Resources of 2.85 Million Ounces of gold at an average grade of 1.69 g/t Au, which represents an increase of 28% (from 2.22 Million Ounces).
Belo Sun’s President and CEO, Mark Eaton said:
We believe that Volta Grande may be the premier undeveloped gold project in Brazil and we eagerly anticipate the results of the ongoing feasibility studies that will take the project to a development decision.
Click here for the Belo Sun Mining Corp. (TSX:BSX) press release.
