Belo Sun Intersects New High Grade Zone at Grota Seca and Expands Grande Deposit



TORONTO, ONTARIO--(Marketwire - Jan. 28, 2013) - Belo Sun Mining Corp. (TSX:BSX) reports assays for 86 additional drill holes (corresponding to 24,015 meters) at its Volta Grande Project as part of its mineral resources expansion and upgrade drilling program.

The results being released today are being incorporated into the company's database and will be used in the new mineral resource estimate update expected to be completed in early Q2 this year.

Included in this release are the assay results from 47 additional drill holes from the Grota Seca deposit, 28 from the Ouro Verde deposit and 11 from the South block area. The complete results and selected cross sections are presented below. Highlights from the holes contained in this release include:

  • Hole VVGD-529 (Grota Seca Cross Section 1825W) intersected 12.07 meters grading 11.08 g/t Au (from 59.40 meters) including 4.85 meters grading 26.78 g/t Au (from 63.40 meters). This intercept represents a new high grade mineralized zone which is located parallel to the main "Central" zone.

  • Hole VVGD-567 (Grota Seca Cross Section 2350W) intersected 13.34 meters grading 4.60 g/t Au (from 119.56 meters).

  • Significant down dip intercepts at the Ouro Verde deposit such as in hole VVGD-628 at section 775 NW with 9.75 meters grading 2.80 g/t Au (from 338.95 meters) and 6.30 meters grading 4.46 g/t Au (from 379.00 meters).

  • At the South Block, Grande Deposit the highlight is hole VVGD-633 with 9.02 meters grading 5.68 g/t Au (from 168.03 meters) and 4.52 meters grading 15.47 g/t Au (from 201.18 meters).