The current mineral resources on the Volta Grande Project are subdivided in 2 areas - North Block and South Block. The North Block includes four zones; Ouro Verde, Junction, Grota Seca and Greia; the South Block is located approximately 10 km south. An updated mineral resource and reserve estimate was prepared by SRK in conjunction with the Feasibility Study during the first quarter of 2015 for selected zones in the North Block; these are detailed below. The latest mineral resource estimate for the South Block was prepared by SRK Consulting in March 2014 (the associated technical report can be found on Belo Sun’s profile on www.sedar.com).
Volta Grande Mineral Resources, March 2015
(North Block Area, including Ouro Verde, Junction, Grota Seca and Greia zones)
|Classification||Tonnes||Gold Grade (g/t)||Contained Gold (oz)|
|Measured & Indicated||156,593,000||0.98||4,956,000|