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UPDATE: Belo Sun Mining Up 9%, Close To Yr Highs

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Belo Sun Mining (BSX.V) was up 9% and close to a year high $1.54 with 3.6 million shares traded on the TSXV. On August 31 it announced assay results for 22 additional drill holes from the diamond drilling program at its Volta Grande Gold Project located in Para State, Brazil, including the discovery of a new high grade extension at the Grota Seca Deposit. It said the results include assays from 14 drill holes from the Grota Seca deposit, seven drill holes from the Ouro Verde deposit and one from the South Block target. Belo Sun Mining Corp, formerly Verena Minerals Corporation, is a development-stage mineral exploration company with a portfolio of properties, including Volta Grande gold property.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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