Belo Sun Announces Filing of Technical Report
TORONTO, ONTARIO -- (Marketwire) -- 02/01/13 -- Belo Sun Mining Corp.
(TSX:BSX) reports that further to its news release dated December 18,
2012, it has filed a new technical report (the "Technical Report") in
respect of the Company's 100%-owned Volta Grande gold project in Para
State, Brazil (the "Project"). The Technical Report was prepared in
compliance with National Instrument 43-101 - Standards for Disclosure
for Mineral Projects requirements.
The Technical Report, entitled "Mineral Resource Technical Report for
the Volta Grande Project, Para, Brazil", was authored by
Jean-Francois Couture, PhD, PGeo, Lars Weiershauser, PhD, PGeo and Oy
Leuangthong, PhD, PEng, who are "qualified person" as defined by
National Instrument 43-101 and all of whom are independent of Belo
Sun. The Technical Report is dated effective January 31, 2013 and may
be found under the Company's profile on SEDAR at www.sedar.com.
About the Company
Belo Sun Mining Corp. is a Canadian-based mineral exploration company
with a portfolio of properties focused on gold in Brazil. Belo Sun's
primary focus is on advancing and expanding its 100% owned Volta
Grande Gold Project, located in Para State. Belo Sun trades on the
TSX under the symbol "BSX". For more information about Belo Sun
please visit www.belosun.com.
Cautionary Statement on Forward-Looking Information
This press release contains "forward-looking information" within the
meaning of applicable Canadian securities legislation.
Forward-looking information includes, without limitation, statements
regarding the impact of the NI 43-101 reserve report on the Company,
the impact of drilling results; statements with respect to the
development potential and timetable of the Company's projects; the
future price of gold; the estimation of mineral resources;
conclusions of economic evaluation (including scoping studies); the
realization of mineral resource estimates; the timing and amount of
estimated future production, development and exploration; costs of
future activities; capital and operating expenditures; success of
exploration activities; mining or processing issues; currency
exchange rates; government regulation of mining operations; and
environmental risks. Generally, forward-looking information can be
identified by the use of forward-looking terminology such as "plans",
"expects" or "does not expect", "is expected", "budget", "scheduled",
"estimates", "forecasts", "intends", "anticipates" or "does not
anticipate", or "believes", or variations of such words and phrases
or state that certain actions, events or results "may", "could",
"would", "might" or "will be taken", "occur" or "be achieved".
Forward-looking information is subject to known and unknown risks,
uncertainties and other factors that may cause the actual results,
level of activity, performance or achievements of the Company to be
materially different from those expressed or implied by such
forward-looking information, including but not limited to those risks
described in the annual information form of the Company which is
available under the profile of the Company on SEDAR at www.sedar.com.
Although the Company has attempted to identify important factors that
could cause actual results to differ materially from those contained
in forward-looking information, there may be other factors that cause
results not to be as anticipated, estimated or intended. There can be
no assurance that such information will prove to be accurate, as
actual results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not place
undue reliance on forward-looking information. The Company does not
undertake to update any forward-looking information, except in
accordance with applicable securities laws.
Belo Sun Mining Corp.
President and CEO
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