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Marketwired
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Belo Sun Intersects 55.50 Meters Grading 2.16 g/t Gold at the Grota Seca Deposit, Brazil

TORONTO, ONTARIO -- (Marketwire) -- 06/27/12 -- Belo Sun Mining Corp. (TSX: BSX) (the "Company" or "Belo Sun") is pleased to announce assay results from 52 additional drill holes from the diamond drilling program at its Volta Grande Gold Project located in Para State, Brazil. The complete results and selected cross sections are presented below. This release includes results from 26 drill holes from the Ouro Verde deposit and 26 drill holes from the Grota Seca deposit. These holes are part of the drilling program designed to upgrade current inferred mineral resources estimates for the project to the measured and indicated mineral resources categories and continue to expand the estimated mineral resources which will be the basis of the definitive feasibility study. There are several very significant intercepts in this round of results as follows:

--  Hole VVGD-344 (located at Ouro Verde Cross Section 725 NW) has
    intersected multiple mineralized zones such as 32.00 meters grading 2.20
    g/t Au (from 181.80 meters) including 6.71 meters grading 5.63 g/t Au
    (from 182.45 meters).
--  Hole VVGD-360 (located at Ouro Verde Cross Section 275 NW) has
    intersected multiple mineralized zones such as 31.50 meters grading 2.40
    g/t Au (from 231.00 meters) including 10.40 meters grading 5.31 g/t Au
    (from 247.60 meters).
--  Hole VVGD-378 (located at Grota Seca Cross Section 1125 W) has
    intersected multiple mineralized zones such as 22.10 meters grading 3.00
    g/t Au (from 227.90 meters) including 9.50 meters grading 6.12 g/t Au
    (from 229.50 meters).

In addition, there are several results from detailed drill sections (12.5 meters apart) from both the Ouro Verde and Grota Seca deposits, such as Hole VVGD-381 (located at Ouro Verde Cross Section 487.5 NW) with 38.65 meters grading 2.40 g/t Au (from 43.35 meters) including 16.30 meters grading 3.85 g/t Au (from 59.70 meters) or VVGD-383 (located at Grota Seca Cross Section 1887.5 W) with 55.50 meters grading 2.16 g/t Au (from 43.30 meters) including 11.85 meters grading 3.38 g/t Au (from 53.35 meters). The detail drilling is designed to confirm the continuity between sections used to develop the resource estimates. The detailed sections are at the end of this news release.

Since April 2010 Belo Sun has completed 490 drill holes covering 132,219 meters of drilling, with assays for 29 holes still pending, and is planning to issue an updated mineral resource estimate in the third quarter of 2013.

Helio Diniz, the Vice President, Exploration for Belo Sun, stated, "We are very pleased that the drilling is progressing so well with a record drilling production of 11,140 meters completed last month. We are pleased that the infill drilling continues to provide the information we believe is necessary to upgrade the currently estimated inferred mineral resources to measured and indicated mineral resources, which will be used for the definitive feasibility study. The results from our detailed drilling is confirming that there is good continuity of mineralization and consistent grades thereby providing even further confidence in the deposit model as it moves quickly toward a development phase."

A complete summary of assays are listed below. The current drilling program is designed to upgrade and expand the existing mineral resource estimate and further results will be released as they become available. The geological map of the Volta Grande Gold Project, with diagrams setting out the main deposit locations, is included below.

TABLE 1 - DIAMOND DRILLING ASSAY RESULTS

The widths reported below represent the core width of the intercepts; true widths are expected to range between 85-95% of the core width.

----------------------------------------------------------------------------
                             Ouro Verde Deposit
----------------------------------------------------------------------------
Hole #                       From (m)       To (m)    Width (m)       Au g/t
----------------------------------------------------------------------------
VVGD-336                         7.00        12.00         5.00         1.63
----------------------------------------------------------------------------
and                             36.00        41.80         5.80         0.94
----------------------------------------------------------------------------
and                            116.20       131.00        14.80         1.51
----------------------------------------------------------------------------
including                      124.00       130.15         6.15         2.93
----------------------------------------------------------------------------
and                            191.40       220.40        29.00         2.54
----------------------------------------------------------------------------
including                      202.75       209.60         6.85         6.04
----------------------------------------------------------------------------
and                            240.70       244.80         4.10         1.59
----------------------------------------------------------------------------
and                            259.15       281.10        21.95         1.54
----------------------------------------------------------------------------
and                            328.00       338.50        10.50         1.42
----------------------------------------------------------------------------
VVGD-343                         0.00        10.00        10.00         0.98
----------------------------------------------------------------------------
and                             22.75        34.70        11.95         1.01
----------------------------------------------------------------------------
VVGD-344                         0.00         4.00         4.00         1.01
----------------------------------------------------------------------------
and                             15.00        19.00         4.00         0.53
----------------------------------------------------------------------------
and                             37.40        46.60         9.20         2.11
----------------------------------------------------------------------------
and                             54.95        60.22         5.27         3.81
----------------------------------------------------------------------------
and                             71.60        81.58         9.98         0.86
----------------------------------------------------------------------------
and                            102.15       105.51         3.36         0.82
----------------------------------------------------------------------------
and                            181.80       213.80        32.00         2.20
----------------------------------------------------------------------------
including                      182.45       189.16         6.71         5.63
----------------------------------------------------------------------------
and                            220.60       225.09         4.49         1.40
----------------------------------------------------------------------------
and                            275.69       281.87         6.18         0.67
----------------------------------------------------------------------------
and                            323.55       328.15         4.60         1.29
----------------------------------------------------------------------------
and                            334.40       347.90        13.50         0.70
----------------------------------------------------------------------------
VVGD-346                       128.00       135.10         7.10         2.71
----------------------------------------------------------------------------
and                            147.20       150.35         3.15         0.78
----------------------------------------------------------------------------
and                            216.00       233.85        17.85         1.74
----------------------------------------------------------------------------
including                      227.53       233.85         6.32         3.62
----------------------------------------------------------------------------
and                            237.85       242.76         4.91         0.88
----------------------------------------------------------------------------
and                            255.90       263.63         7.73         2.59
----------------------------------------------------------------------------
and                            268.12       286.80        18.68         2.79
----------------------------------------------------------------------------
including                      271.34       276.90         5.56         5.86
----------------------------------------------------------------------------
and                            310.40       316.68         6.28         0.90
----------------------------------------------------------------------------
and                            333.65       336.66         3.01         3.22
----------------------------------------------------------------------------
and                            347.62       353.20         5.58         0.55
----------------------------------------------------------------------------
and                            371.06       376.20         5.14         2.14
----------------------------------------------------------------------------
and                            410.00       421.60        11.60         1.08
----------------------------------------------------------------------------
and                            430.80       434.00         3.20         1.06
----------------------------------------------------------------------------
VVGD-347                       115.00       120.84         5.84         0.84
----------------------------------------------------------------------------
and                            132.00       135.00         3.00         0.76
----------------------------------------------------------------------------
and                            142.00       145.00         3.00         0.82
----------------------------------------------------------------------------
and                            179.00       193.90        14.90         1.68
----------------------------------------------------------------------------
and                            244.00       262.74        18.74         2.65
----------------------------------------------------------------------------
and                            272.70       298.40        25.70         1.26
----------------------------------------------------------------------------
and                            308.00       311.00         3.00         0.63
----------------------------------------------------------------------------
and                            321.80       325.00         3.20         1.97
----------------------------------------------------------------------------
VVGD-349                         0.00         8.00         8.00         0.53
----------------------------------------------------------------------------
and                             98.62       109.78        11.16         2.94
----------------------------------------------------------------------------
and                            171.97       182.15        10.18         1.04
----------------------------------------------------------------------------
VVGD-354                        14.00        20.00         6.00         0.76
----------------------------------------------------------------------------
and                             25.05        34.45         9.40         0.71
----------------------------------------------------------------------------
and                            141.40       149.63         8.23         1.72
----------------------------------------------------------------------------
and                            155.05       160.90         5.85         0.71
----------------------------------------------------------------------------
and                            173.05       178.55         5.50         1.83
----------------------------------------------------------------------------
and                            201.60       212.00        10.40         2.56
----------------------------------------------------------------------------
VVGD-355                       172.00       175.00         3.00         0.53
----------------------------------------------------------------------------
and                            202.62       216.00        13.38         0.87
----------------------------------------------------------------------------
and                            244.44       253.00         8.56         0.98
----------------------------------------------------------------------------
and                            270.00       286.00        16.00         2.03
----------------------------------------------------------------------------
including                      275.70       281.20         5.50         4.12
----------------------------------------------------------------------------
and                            363.20       380.00        16.80         1.12
----------------------------------------------------------------------------
and                            387.00       405.00        18.00         1.14
----------------------------------------------------------------------------
and                            415.86       424.00         8.14         0.71
----------------------------------------------------------------------------
and                            432.15       451.00        18.85         1.75
----------------------------------------------------------------------------
including                      432.15       439.00         6.85         3.87
----------------------------------------------------------------------------
VVGD-356                       192.70       202.10         9.40         1.21
----------------------------------------------------------------------------
and                            221.43       226.20         4.77         2.03
----------------------------------------------------------------------------
and                            285.30       288.90         3.60         2.72
----------------------------------------------------------------------------
VVGD-358                       383.34       395.87        12.53         0.96
----------------------------------------------------------------------------
and                            400.86       406.45         5.59         0.92
----------------------------------------------------------------------------
VVGD-359                        21.30        26.65         5.35         1.56
----------------------------------------------------------------------------
and                             37.30        43.00         5.70         1.86
----------------------------------------------------------------------------
and                             53.50        61.50         8.00         0.83
----------------------------------------------------------------------------
and                             67.60        81.88        14.28         2.27
----------------------------------------------------------------------------
and                             95.00       125.25        30.25         1.81
----------------------------------------------------------------------------
including                      104.10       109.40         5.30         6.83
----------------------------------------------------------------------------
VVGD-360                       120.00       124.20         4.20         0.57
----------------------------------------------------------------------------
and                            128.00       132.40         4.40         0.60
----------------------------------------------------------------------------
and                            150.00       156.40         6.40         0.72
----------------------------------------------------------------------------
and                            164.65       174.20         9.55         9.31
----------------------------------------------------------------------------
and                            198.00       211.00        13.00         0.61
----------------------------------------------------------------------------
and                            221.00       226.00         5.00         2.78
----------------------------------------------------------------------------
and                            231.00       262.50        31.50         2.40
----------------------------------------------------------------------------
including                      247.60       258.00        10.40         5.31
----------------------------------------------------------------------------
and                            270.75       279.17         8.42         1.39
----------------------------------------------------------------------------
and                            327.44       333.00         5.56         1.60
----------------------------------------------------------------------------
VVGD-367                        39.80        48.80         9.00         0.85
----------------------------------------------------------------------------
and                             73.00        94.00        21.00         0.80
----------------------------------------------------------------------------
and                            109.00       114.44         5.44         2.71
----------------------------------------------------------------------------
and                            130.00       149.35        19.35         0.95
----------------------------------------------------------------------------
and                            154.00       178.30        24.30         0.99
----------------------------------------------------------------------------
and                            209.30       219.41        10.11         2.88
----------------------------------------------------------------------------
and                            224.75       233.10         8.35         1.37
----------------------------------------------------------------------------
and                            236.70       247.54        10.84         0.96
----------------------------------------------------------------------------
VVGD-369                                         NSR
----------------------------------------------------------------------------
VVGD-371                         1.00        11.00        10.00         0.98
----------------------------------------------------------------------------
and                             93.24       105.10        11.86         2.05
----------------------------------------------------------------------------
and                            110.00       122.20        12.20         0.82
----------------------------------------------------------------------------
and                            135.20       145.09         9.89         2.56
----------------------------------------------------------------------------
VVGD-374                         0.00         9.50         9.50         0.76
----------------------------------------------------------------------------
and                             26.50        31.60         5.10         1.92
----------------------------------------------------------------------------
and                             77.00        80.75         3.75         0.66
----------------------------------------------------------------------------
and                             85.80        93.50         7.70         4.37
----------------------------------------------------------------------------
and                             98.00       103.20         5.20         0.71
----------------------------------------------------------------------------
VVGD-375                        15.00        19.50         4.50         0.68
----------------------------------------------------------------------------
and                            134.00       138.45         4.45         0.59
----------------------------------------------------------------------------
and                            219.00       227.00         8.00         0.51
----------------------------------------------------------------------------
and                            237.00       244.30         7.30         3.04
----------------------------------------------------------------------------
and                            254.00       278.90        24.90         0.58
----------------------------------------------------------------------------
and                            326.00       329.00         3.00         1.04
----------------------------------------------------------------------------
VVGD-376                        20.00        26.30         6.30         1.82
----------------------------------------------------------------------------
and                             67.40        70.40         3.00         1.54
----------------------------------------------------------------------------
and                             86.90        95.75         8.85         1.63
----------------------------------------------------------------------------
and                            116.00       122.00         6.00         6.44
----------------------------------------------------------------------------
and                            194.40       201.00         6.60         3.25
----------------------------------------------------------------------------
and                            219.00       222.00         3.00         0.74
----------------------------------------------------------------------------
and                            237.00       241.00         4.00         0.63
----------------------------------------------------------------------------
and                            250.40       271.30        20.90         1.22
----------------------------------------------------------------------------
including                      250.40       258.00         7.60         2.12
----------------------------------------------------------------------------
and                            276.00       280.60         4.60         1.01
----------------------------------------------------------------------------
and                            288.00       298.00        10.00         0.90
----------------------------------------------------------------------------
and                            302.40       310.00         7.60         2.20
----------------------------------------------------------------------------
and                            317.90       323.20         5.30         1.10
----------------------------------------------------------------------------
and                            329.00       332.00         3.00         2.04
----------------------------------------------------------------------------
and                            423.00       427.00         4.00         1.61
----------------------------------------------------------------------------
and                            437.90       441.00         3.10         1.56
----------------------------------------------------------------------------
VVGD-381                        43.35        82.00        38.65         2.40
----------------------------------------------------------------------------
including                       59.70        76.00        16.30         3.85
----------------------------------------------------------------------------
and                            128.00       140.40        12.40         3.12
----------------------------------------------------------------------------
VVGD-385                         0.00         9.00         9.00         0.78
----------------------------------------------------------------------------
and                             30.85        48.30        17.45         1.18
----------------------------------------------------------------------------
and                            112.40       124.25        11.85         1.60
----------------------------------------------------------------------------
VVGD-387                        18.00        27.00         9.00         0.68
----------------------------------------------------------------------------
and                             46.00        52.10         6.10         1.29
----------------------------------------------------------------------------
and                            111.00       127.00        16.00         1.07
----------------------------------------------------------------------------
and                            144.00       147.40         3.40         0.59
----------------------------------------------------------------------------
and                            232.40       237.00         4.60         0.62
----------------------------------------------------------------------------
and                            243.00       253.75        10.75         0.78
----------------------------------------------------------------------------
VVGD-388                        25.00        29.62         4.62         2.07
----------------------------------------------------------------------------
and                             39.00        58.62        19.62         1.37
----------------------------------------------------------------------------
and                             68.00        73.05         5.05         0.67
----------------------------------------------------------------------------
and                             84.00        94.60        10.60         0.64
----------------------------------------------------------------------------
VVGD-391                         0.00         5.80         5.80         0.57
----------------------------------------------------------------------------
and                             31.00        36.00         5.00         0.77
----------------------------------------------------------------------------
and                             97.34       103.40         6.06         1.23
----------------------------------------------------------------------------
and                            108.00       119.00        11.00         1.39
----------------------------------------------------------------------------
and                            135.00       141.20         6.20         1.72
----------------------------------------------------------------------------
and                            149.00       167.00        18.00         1.45
----------------------------------------------------------------------------
and                            182.00       187.00         5.00         2.35
----------------------------------------------------------------------------
and                            219.30       225.80         6.50         3.13
----------------------------------------------------------------------------
VVGD-393                         2.00         5.00         3.00         2.41
----------------------------------------------------------------------------
and                             13.00        18.00         5.00         0.55
----------------------------------------------------------------------------
and                             50.30        56.00         5.70         2.25
----------------------------------------------------------------------------
and                             72.00        80.30         8.30         1.87
----------------------------------------------------------------------------
and                             85.00       102.00        17.00         1.87
----------------------------------------------------------------------------
VVGD-394                        95.00        98.20         3.20         1.05
----------------------------------------------------------------------------
and                            104.28       107.70         3.42         2.29
----------------------------------------------------------------------------
and                            195.35       216.80        21.45         1.30
----------------------------------------------------------------------------
including                      199.00       204.60         5.60         3.33
----------------------------------------------------------------------------
and                            224.00       243.75        19.75         0.97
----------------------------------------------------------------------------
including                      224.00       232.15         8.15         1.34
----------------------------------------------------------------------------
and                            249.50       253.80         4.30         0.68
----------------------------------------------------------------------------
and                            257.32       266.53         9.21         0.51
----------------------------------------------------------------------------
VVGD-398                        13.00        19.80         6.80         1.91
----------------------------------------------------------------------------
and                            115.80       119.00         3.20         0.66
----------------------------------------------------------------------------
VVGD-402                         7.00        24.20        17.20         0.54
----------------------------------------------------------------------------
and                             33.40        37.45         4.05         1.25
----------------------------------------------------------------------------
and                            110.00       117.35         7.35         1.11
----------------------------------------------------------------------------
VVGD-403                         0.00         7.00         7.00         0.87
----------------------------------------------------------------------------
and                            168.00       183.71        15.71         9.15
----------------------------------------------------------------------------

----------------------------------------------------------------------------
                             Grota Seca Deposit
----------------------------------------------------------------------------
Hole #                       From (m)       To (m)    Width (m)       Au g/t
----------------------------------------------------------------------------
VVGD-341                        55.00        61.20         6.20         1.03
----------------------------------------------------------------------------
and                             95.63       100.70         5.07         3.80
----------------------------------------------------------------------------
and                            116.80       124.20         7.40         0.60
----------------------------------------------------------------------------
and                            133.90       137.00         3.10         0.57
----------------------------------------------------------------------------
and                            153.80       161.00         7.20         0.81
----------------------------------------------------------------------------
and                            168.00       176.20         8.20         2.18
----------------------------------------------------------------------------
and                            247.70       256.85         9.15         3.26
----------------------------------------------------------------------------
and                            309.85       326.80        16.95         0.83
----------------------------------------------------------------------------
and                            332.90       342.76         9.86         1.20
----------------------------------------------------------------------------
VVGD-342                        13.60        24.55        10.95         0.76
----------------------------------------------------------------------------
and                            127.00       140.00        13.00         0.66
----------------------------------------------------------------------------
and                            147.00       154.90         7.90         2.09
----------------------------------------------------------------------------
and                            179.90       187.00         7.10         0.50
----------------------------------------------------------------------------
and                            211.00       215.00         4.00         0.98
----------------------------------------------------------------------------
and                            285.00       291.40         6.40         1.05
----------------------------------------------------------------------------
VVGD-350                       236.00       242.00         6.00         0.71
----------------------------------------------------------------------------
and                            263.95       274.05        10.10         0.74
----------------------------------------------------------------------------
and                            289.69       313.24        23.55         0.78
----------------------------------------------------------------------------
and                            328.65       332.65         4.00         1.81
----------------------------------------------------------------------------
and                            342.25       349.00         6.75         0.74
----------------------------------------------------------------------------
and                            361.00       365.00         4.00         0.63
----------------------------------------------------------------------------
VVGD-352                       116.70       125.60         8.90         1.09
----------------------------------------------------------------------------
and                            134.40       142.00         7.60         3.90
----------------------------------------------------------------------------
and                            317.60       324.20         6.60         2.00
----------------------------------------------------------------------------
and                            348.00       352.20         4.20         1.06
----------------------------------------------------------------------------
VVGD-353                       140.00       144.00         4.00         0.55
----------------------------------------------------------------------------
and                            167.00       171.00         4.00         1.17
----------------------------------------------------------------------------
and                            209.30       217.85         8.55         0.64
----------------------------------------------------------------------------
and                            327.62       336.40         8.78         1.81
----------------------------------------------------------------------------
VVGD-361                         2.00         7.33         5.33         1.34
----------------------------------------------------------------------------
and                             12.65        51.30        38.65         2.65
----------------------------------------------------------------------------
including                       24.40        43.00        18.60         4.77
----------------------------------------------------------------------------
VVGD-362                       185.00       189.28         4.28         1.22
----------------------------------------------------------------------------
and                            194.23       198.00         3.77         0.70
----------------------------------------------------------------------------
and                            224.05       234.53        10.48         0.55
----------------------------------------------------------------------------
and                            243.05       272.45        29.40         1.13
----------------------------------------------------------------------------
and                            293.25       298.45         5.20         1.23
----------------------------------------------------------------------------
and                            304.20       309.50         5.30         0.53
----------------------------------------------------------------------------
and                            371.07       375.25         4.18         0.78
----------------------------------------------------------------------------
VVGD-363                         0.00         6.28         6.28         0.79
----------------------------------------------------------------------------
and                             15.10        50.73        35.63         2.37
----------------------------------------------------------------------------
including                       20.07        33.00        12.93         5.04
----------------------------------------------------------------------------
and                             68.10        73.13         5.03         0.66
----------------------------------------------------------------------------
VVGD-364                        68.30        75.00         6.70         0.59
----------------------------------------------------------------------------
and                             85.20        99.00        13.80         1.01
----------------------------------------------------------------------------
and                            121.00       128.39         7.39         0.62
----------------------------------------------------------------------------
and                            169.38       174.80         5.42         1.95
----------------------------------------------------------------------------
VVGD-366                         0.00        19.75        19.75         0.89
----------------------------------------------------------------------------
and                             42.25        67.69        25.44         1.84
----------------------------------------------------------------------------
including                       55.30        65.00         9.70         3.75
----------------------------------------------------------------------------
and                             80.15        84.24         4.09         6.89
----------------------------------------------------------------------------
VVGD-368                       140.62       145.00         4.38         1.73
----------------------------------------------------------------------------
and                            192.00       213.40        21.40         0.64
----------------------------------------------------------------------------
and                            232.86       239.00         6.14         0.53
----------------------------------------------------------------------------
and                            255.00       273.00        18.00         0.58
----------------------------------------------------------------------------
and                            280.00       284.00         4.00         1.03
----------------------------------------------------------------------------
VVGD-370                        47.00        52.00         5.00         0.63
----------------------------------------------------------------------------
and                             57.00        64.00         7.00         0.83
----------------------------------------------------------------------------
and                             68.00        82.80        14.80         0.73
----------------------------------------------------------------------------
and                             93.00       125.95        32.95         0.89
----------------------------------------------------------------------------
VVGD-372                                         NSR
----------------------------------------------------------------------------
VVGD-373                        87.00        95.32         8.32         0.92
----------------------------------------------------------------------------
and                            109.15       124.80        15.65         0.75
----------------------------------------------------------------------------
and                            128.18       157.00        28.82         0.97
----------------------------------------------------------------------------
VVGD-377                        36.00        42.00         6.00         1.17
----------------------------------------------------------------------------
and                             76.00       106.60        30.60         1.47
----------------------------------------------------------------------------
including                       95.00       103.60         8.60         2.55
----------------------------------------------------------------------------
VVGD-378                        94.00       103.85         9.85         0.92
----------------------------------------------------------------------------
and                            124.00       128.00         4.00         1.04
----------------------------------------------------------------------------
and                            139.45       149.00         9.55         0.77
----------------------------------------------------------------------------
and                            227.90       250.00        22.10         3.00
----------------------------------------------------------------------------
including                      229.50       239.00         9.50         6.12
----------------------------------------------------------------------------
and                            255.15       258.00         2.85         8.40
----------------------------------------------------------------------------
and                            275.80       289.40        13.60         0.83
----------------------------------------------------------------------------
VVGD-379                                         NSR
----------------------------------------------------------------------------
VVGD-383                         7.45        33.40        25.95         1.01
----------------------------------------------------------------------------
and                             43.30        98.80        55.50         2.16
----------------------------------------------------------------------------
including                       53.35        65.20        11.85         3.38
----------------------------------------------------------------------------
VVGD-384                                         NSR
----------------------------------------------------------------------------
VVGD-389                         0.00         5.00         5.00         0.76
----------------------------------------------------------------------------
and                             79.00        83.00         4.00         0.81
----------------------------------------------------------------------------
and                             99.00       103.50         4.50         2.23
----------------------------------------------------------------------------
and                            163.00       169.00         6.00         0.90
----------------------------------------------------------------------------
VVGD-390                       134.80       148.00        13.20         0.66
----------------------------------------------------------------------------
and                            157.00       162.00         5.00         0.64
----------------------------------------------------------------------------
VVGD-392                       100.10       109.70         9.60         0.70
----------------------------------------------------------------------------
VVGD-395                         0.00        10.00        10.00         0.51
----------------------------------------------------------------------------
and                             27.95        41.00        13.05         0.74
----------------------------------------------------------------------------
and                             45.80        50.30         4.50         1.60
----------------------------------------------------------------------------
and                             61.00        73.05        12.05         0.76
----------------------------------------------------------------------------
and                             90.70        95.00         4.30         1.07
----------------------------------------------------------------------------
and                            166.20       172.48         6.28         0.56
----------------------------------------------------------------------------
and                            210.50       214.00         3.50         0.85
----------------------------------------------------------------------------
and                            236.10       245.00         8.90         0.59
----------------------------------------------------------------------------
and                            278.80       284.25         5.45         2.45
----------------------------------------------------------------------------
and                            325.00       333.00         8.00         0.87
----------------------------------------------------------------------------
VVGD-401                         0.00         3.00         3.00         1.11
----------------------------------------------------------------------------
and                             11.00        22.00        11.00         0.83
----------------------------------------------------------------------------
and                             53.15        60.65         7.50         1.39
----------------------------------------------------------------------------
and                            111.00       115.00         4.00         0.56
----------------------------------------------------------------------------
and                            134.00       139.00         5.00         0.55
----------------------------------------------------------------------------
and                            157.06       164.05         6.99         1.62
----------------------------------------------------------------------------
and                            184.22       209.00        24.78         1.67
----------------------------------------------------------------------------
VVGD-406                                         NSR
----------------------------------------------------------------------------
VVGD-421                         4.00         7.25         3.25         1.28
----------------------------------------------------------------------------
and                             48.86        53.00         4.14         1.42
----------------------------------------------------------------------------
and                            135.50       141.13         5.63         1.46
----------------------------------------------------------------------------
and                            148.60       152.15         3.55         0.54
----------------------------------------------------------------------------

Quality Assurance and Quality Control

The scientific and technical information in this press release has been reviewed and approved by David Gower, P. Geo., an advisor to Belo Sun and a Qualified Person as defined by National Instrument 43-101. The exploration program is directly supervised by Mr. Carlos Cravo, P. Geo., Belo Sun's exploration manager. Belo Sun's procedures for handling drill core comprise initial description and logging into a Microsoft Access database. Mineralized, suspected mineralized or not intervals in the drill holes are described in detail and marked for sampling. Core is then cut in half with the right-hand portion of the core put into plastic sample bags and sealed. The left-hand portion is returned to the core box and is stored for future reference or study. Assay standard and "Blank" samples are inserted every 20th sample. These samples are then delivered to ACME Labs sample preparation facility at the Project site. The assay samples are then fine-crushed to better than 80% passing 10 mesh screens, with an assay pulp split of up to 1000 grams pulverized to better than 85% passing 200 mesh screen. Samples are assayed at ACME Labs in Santiago, Chile, using a 50 gram fire assay with AAS finish. These QA/QC procedures provide several measures of data quality and assure the Company that the assay data is representative of the original sample.

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 TSX under the symbol "BSX". For more information about Belo Sun please visit www.belosun.com.

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 impact of these drill results on the Company and its understanding of the project; statements with respect to the development potential and timetable of the project; the estimation of mineral resources; realization of mineral resource estimates; 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.

To view the figures associated with this release, please visit the following links:

http://media3.marketwire.com/docs/bsx0627fig1.pdf

http://media3.marketwire.com/docs/bsx0627fig2.pdf

http://media3.marketwire.com/docs/bsx0627fig3.pdf

http://media3.marketwire.com/docs/bsx0627fig4.pdf

http://media3.marketwire.com/docs/bsx0627fig5.pdf

http://media3.marketwire.com/docs/bsx0627fig6.pdf

http://media3.marketwire.com/docs/bsx0627fig7.pdf

http://media3.marketwire.com/docs/bsx0627fig8.pdf

http://media3.marketwire.com/docs/bsx0627fig9.pdf

http://media3.marketwire.com/docs/bsx0627fig10.pdf

Contacts:
Belo Sun Mining Corp.
Mark Eaton
President and CEO
(416) 309-2137
www.belosun.com

© 2012 Marketwired
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