Belo Sun Volta Grande Environmental Licensing Process Continues in Ordinary Course

Belo Sun Volta Grande Environmental Licensing Process Continues in Ordinary 
BELO HORIZONTE, BRAZIL -- (Marketwire) -- 02/15/13 -- BELO SUN MINING
CORP. (TSX:BSX) confirms that the environmental licensing process for
the company's Volta Grande Project (the "Project") continues in the
ordinary course. To correct recent media reports, Belo Sun confirms
that its licensing application has not been rejected. 
Belo Sun has applied for the "preliminary licence" for the Project,
which would attest to the feasibility of the Project from an
environmental perspective. The Environmental Secretary Office of the
State of Para is the regulatory authority responsible for evaluating
and determining the appropriateness of the preliminary licence. As
part of the standard application process, on January 10, 2013, the
Environmental Secretary Office held a second public hearing. Like the
first public hearing, the January 10 hearing was very well attended
with Belo Sun management, Brazilian federal, state and local
government officials, residents from the local communities and
representatives of non-governmental organizations and other
stakeholders all given the opportunity to address the forum. At
present, this second public hearing is the final scheduled public
hearing at this stage of the licensing process. 
The preliminary licensing process has been conducted in accordance
with legislated practice in Brazil and all applicable laws and
guidelines. Pursuant to the ordinary process, Belo Sun understands
that the technical aspects of the licence application are currently
the subject of review by the Environmental Secretary Office. At this
point, Belo Sun has not received any comments or recommended changes
from the technical team of the Environmental Secretary Office. 
Mark Eaton, Belo Sun's president and chief executive officer,
commented on the licence application process as follows: "The Para
State Environmental Secretary Office has conducted our licence
application process in a professional, open and insightful manner
that is consistent with best practices and the applicable laws of
Brazil. I would like to take this opportunity to reiterate Belo Sun's
commitment to promote human rights through indigenous consultation
and cooperative development, and our overriding dedication to 
transparent and accountable operations. We will provide public
updates of all material developments regarding the Volta Grande
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
Toronto Stock Exchange under the symbol "BSX". For more information
about Belo Sun please visit  
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 licensing process, the impacts of the Project on the
local environment, communities and economies; statements with respect
to the development potential and timetable of the project; costs of
future activities; capital and operating expenditures; 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 risks inherent in the mining industry and risks described
in the public disclosure of the Company which is available under the
profile of the Company on SEDAR at and on the Company's
website at 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.
Mark Eaton
President and CEO
(416) 309-2137
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