Belo Sun Receives Environmental Approval for the Development of Its Volta Grande Gold Project, Brazil
02 Dezembro 2013 - 2:17PM
Marketwired
Belo Sun Receives Environmental Approval for the Development of Its
Volta Grande Gold Project, Brazil
TORONTO, ONTARIO--(Marketwired - Dec 2, 2013) - Belo Sun Mining
Corp. (TSX:BSX) (the "Company" or "Belo Sun") announces that the
Environmental Council of Para State, Brazil (COEMA) has approved
the Environmental Impact Assessment for Belo Sun's Volta Grande
Project (see press release dated November 18, 2013). The approval
of the Environmental Impact Assessment and receipt of the
Preliminary License (LP) is a key milestone in the advancement of
the project towards construction phase.
Mark Eaton, President and CEO of Belo Sun, commented "We are
very pleased about the approval of the EIA for the Volta Grande
Project by COEMA. This completes an extensive regulatory process
and represents an important step in bringing the Volta Grande
Project to production. We want to acknowledge the valuable input
and support of the local communities as well as the Para
authorities for their review and approval of our submission".
The approval of the EIA will allow Belo Sun to further advance
the permitting process for the mine construction and other related
authorizations from the Para State authorities.
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, receipt
of the approval of the EIA and its impact on the development
potential and timing of the Volta Grande Project ; the timing and
amount of estimated future exploration; costs of future activities;
capital and operating expenditures; success of exploration
activities; 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 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 www.sedar.com and on the Company's website at
www.belosun.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.Mark EatonPresident and CEO(416)
309-2137www.belosun.com
Belo Sun Mining (TSX:BSX)
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