belo sun corporate presentation aug 2014

CORPORATE PRESENTATION August 2014

TSX: BSX

All statements, other than statements of historical fact, contained or incorporated by reference in this presentation, but not limited to, any information as to the future financial or operating

performance of Belo Sun, constitute ‘‘forward-looking information’’ or ‘‘forward-looking statements’’ within the meaning of certain securities laws, including the provisions of the Securities Act

(Ontario) and are based on expectations, estimates and projections as of the date of this news release. Forward-looking statements include, without limitation, statements with respect to: possible

events, the future price of gold, the estimation of mineral reserves and mineral resources, the realization of mineral reserve and mineral resource estimates, the timing and amount of estimated

future production, costs of production, capital expenditures, costs and timing of the development of projects and new deposits, success of exploration, development and mining activities,

permitting timelines, currency fluctuations, requirements for additional capital, government regulation of mining operations, environmental risks, unanticipated reclamation expenses, title disputes

or claims and limitations on insurance coverage. The words “anticipates”, ‘‘plans’’, ‘‘expects’’, “indicative”, “intend”, ‘‘scheduled’’, “timeline”, ‘‘estimates’’, ‘‘forecasts”, “guidance”, “opportunity”,

“outlook”, “potential”, “projected”, “schedule”, “seek”, “strategy”, “study” (including, without limitation, as may be qualified by “feasibility” and “pre-feasibility”), “targets”, “models”, or ‘‘believes’’, or

variations of or similar such words and phrases or statements that certain actions, events or results ‘‘may’’, ‘‘could’’, ‘‘would’’, or ‘‘should’’, ‘‘might’’, or ‘‘will be taken’’, ‘‘occur’’ or ‘‘be achieved’’ and

similar expressions identify forward-looking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by Belo

Sun as of the date of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. The estimates, models and assumptions of Belo

Sun referenced, contained or incorporated by reference in this news release, which may prove to be incorrect, include, but are not limited to, the various assumptions set forth herein and in our

most recently filed Annual Information Form and our Financial Statements and Management’s Discussion and Analysis for the year ended December 31, 2013 as well as: (1) there being no

significant disruptions affecting the operations of Belo Sun or any entity in which it now or hereafter directly or indirectly holds an investment, whether due to labour disruptions, supply disruptions,

power disruptions, damage to equipment or otherwise; (2) political and legal developments in Brazil being consistent with Belo Sun’s current expectations; (3) the exchange rate between the

Canadian dollar, Brazil Real and the U.S. dollar being approximately consistent with current levels; (4) certain price assumptions for gold; (5) prices for diesel, natural gas, fuel oil, electricity and

other key supplies being approximately consistent with current levels; (6) production and cost of sales forecasts for Belo Sun, and entities in which it now or hereafter directly or indirectly holds an

investment, meeting expectations; (7) the accuracy of the current mineral reserve and mineral resource estimates of Belo Sun (including but not limited to ore tonnage and ore grade estimates)

and any entity in which it now or hereafter directly or indirectly holds an investment; (8) labour and materials costs increasing on a basis consistent with Belo Sun’s current expectations; (9) the

viability of the Volta Grande Project (including but not limited to the impact of ore tonnage and grade variability reconciliation analysis) as well as permitting, development and expansion being

consistent with Belo Sun’s current expectations; and (10); access to capital markets. Known and unknown factors could cause actual results to differ materially from those projected in the forward-

looking statements. Such factors include, but are not limited to: fluctuations in the currency markets; fluctuations in the spot and forward price of gold or certain other commodities (such as diesel

fuel and electricity); increases in the discount rates applied to present value net future cash flows based on country-specific real weighted average cost of capital; declines in the market valuations

of peer group gold producers and Belo Sun, and the resulting impact on market price to net asset value multiples; changes in interest rates or gold rates; changes

For the Preliminary Economic Assessment (PEA), the scientific and technical information contained in this news release pertaining to the Project has been reviewed and approved by the following

Qualified Persons under NI 43-101 who consent to the inclusion of their names in this release: Dr. Jean-Francois Couture, PGeo and Dr. Oy Leuangthong, P.Eng (Mineral Resource), of SRK

Consulting (Canada) Inc., Gordon Zurowski, P.Eng (Mining and Author Technical Report), and Lyn Jones P. Eng (Metallurgy and Process), of AGP Mining Consultants Inc, each of whom are

independent of Belo Sun. Belo Sun used the October 2013 mineral resource estimate. The PEA is preliminary in nature, and there is no certainty that the PEA will be realized. Mineral resources

that are not mineral reserves do not have demonstrated economic viability. External mining dilution is calculated at 12.3% at zero grade. The diluted life of mine mill feed grade is expected

to average 1.14 g/t gold with an average cut-off of 0.48 g/t gold. Based on current metallurgical testing, the average gold recovery is expected to be 92.8% overall for the life of mine. The ultimate

pit design was based on an optimised pit shell using a US$ 1020 /oz gold price. Internal phases were designed within that ultimate shell. For the purposes of the PEA, only measured and

indicated resources were included in the PEA mine design.

Carlos Costa, P.Geo, an employee of the Company and a qualified person under NI43-101, has reviewed and approved the scientific and technical information herein.

2 TSX: BSX

Cautionary Notes

Volta Grande

(5.1 Moz M&I)

(2.5 Moz Inf)

3 TSX: BSX

Key Projects

* For the Purposes of the PEA only measured and indicated resources were included in the PEA mine design.

Mineral resources that are not mineral reserves do not have demonstrated economic viability.

4 TSX: BSX

Resource Expansion (2009 to 2013)

* For the Purposes of the PEA only measured and indicated resources were included in the PEA mine design. Mineral resources that are

not mineral reserves do not have demonstrated economic viability.

5 TSX: BSX

Experienced Board & Management

BOARD OF DIRECTORS

Peter Tagliamonte (Chairman) Mining Engineer

Stan Bharti

Engineer

Jay Hodgson Geologist

Clay Hoes Geologist

Rui Santos Lawyer

Catherine Stretch

Director

MANAGEMENT

BRAZIL OPERATIONS

Carlos Costa Geologist (30 years experience)

Ricardo Lopes Geologist (27 years experience)

Omar Antunes Chemical Engineer (30 years experience)

Octavio Guimaraes Engineer (20 years experience)

TORONTO OFFICE

Ian Pritchard Chief Operating Officer

Ryan Ptolemy Chief Financial Officer

Pat Gleeson Corporate Secretary

Mike Hoffman VP Engineering

Simon Marcotte VP Corporate Development

Helia Bento Marketing Manager

Mark Eaton Director, President & CEO (25 years Capital Markets experience)

Helio Diniz Director, VP Exploration (30 years Mining/Exploration experience)

Shares Outstanding No. 265.9 million

Fully Diluted No. 285.9 million

Share Price C$ $0.22*

Market Capitalization C$ $59 million

52 Week High & Low C$ $0.93- $0.15

Average Daily Volume (3 month average)

No. 1,000,000

Cash & Cash Equivalents

C$ $10 million **

6 TSX: BSX

Capital Structure

*As at July 30th, 2014

**As at March 31st, 2014

7

Volta Grande Infrastructure

TSX: BSX

8

Belo Monte Dam Construction

9

Volta Grande Main Deposits (Oct 2013)

TSX: BSX

Ouro Verde

Measured &

Indicated:

44.1 Mt (2.4M oz) @

1.70 g/t Au

Inferred:

22.6 Mt (1.1M oz) @

1.48 g/t Au

Grota Seca

Measured &

Indicated:

47.1 Mt (2.4M oz) @

1.59 g/t Au

Inferred:

18.3 Mt (1M oz) @

1.59 g/t Au

Volta Grande

Total

Measured &

Indicated:

93.8 Mt (5.1M oz) @

1.69 g/t Au

Inferred:

45.5 Mt (2.5M oz) @

1.75 g/t Au

•Details regarding the mineral resource estimate can be found in the Press Release dated Oct 3rd, 2013 and the Technical Report filed March 31st 2014 that have been filed under the profile of the Company

on SEDAR. For the Purposes of the PEA only measured and indicated resources were included in the PEA mine design. Mineral resources that are not mineral reserves do not have demonstrated economic

viability.

•Volta Grande Total includes Ouro Verde, Grota Seca and South Block, underground and pit constrained mineral resources.

10

Volta Grande Topography

TSX: BSX

View from Ouro Verde • Deposit located well above

water line

• Upstream damming of river

will further reduce river level

Grota Seca

South Block

Ouro Verde

Exploration Camp

11

Opportunities Going Forward

TSX: BSX

GRANDE

*South Block Inferred Resource Estimate

-Indicated Pit Constrained – 2.5M tonnes

@ 3.06 g/t Au containing 246k oz Au

-Inferred Pit Constrained – 2.9M tonnes


-Indicated Underground – 24k tonnes


- Inferred Underground – 193k tonnes


Target Areas for future

resource expansion

* Details regarding the mineral resource estimate can be found in the Press Release dated Oct 3rd, 2013 and the Technical Report filed March 31st,

2014 that have been filed under the profile of the Company on SEDAR. Please refer to the Cautionary Notes.

Grande Artisanal Mine

Quartz veins – N60E/45SE

12 TSX: BSX

South Block Garimpo Operations - 1980

13 TSX: BSX

Volta Grande

TSX: BSX 14

OURO VERDE - Central portion of Domain-2

27

0 m

HG zone inside of D2

Sec 975NW

Sec 475NW

15

GROTA SECA - Central portion of Domain-1

- HG zone related to the general trend presented in slide 15

Sec 2050W Sec 1725W

Notes

- Cut-off: aprox. 1.50 ppm

- Num. drill holes: 41

- Num. samples: 487

- Thickness: max=16m, min=2m,

aver=8m

- HG zone near surface 325m

190m

HG zone inside of D1

16

GROTA SECA - Portion along “Galo” area

- HG zone related to the “galo” trend presented in the slide 15 Sec 800W Sec 525W

Notes

- Cut-off: approx. 1.50 ppm

- Num. drill holes: 42

- Num. samples: 377

- Thickness: need to be

modeled

- HG zones near surface

Main structural controls

TSX: BSX 17

Galo – Garimpo U/G Operations

TSX: BSX 18

19 TSX: BSX

Artisanal Mining

20 TSX: BSX

Artisanal Mining

Garimpo Mine - Galo

21 TSX: BSX

Two

Resource

Updates

2013 Highlights

22

Measured & Indicated from:

4.1M oz @ 1.73 g/t Au (Dec 2012) 5.1M oz @ 1.69 g/t Au (Oct 2013)

Inferred from:

2.8M oz @ 1.96 g/t Au (Dec 2012) 2.5M oz @ 1.75 g/t Au (Oct 2013)

Including high grade domain in Measured & Indicated (Oct 2013) of 424,000 oz @ 3.09 g/t Au

Released

PFS

May 2013

Released PFS May 2013

Received approval of Environmental Impact Assessment

Received Preliminary License (LP) (February 2014)

TSX: BSX

* For the Purposes of the PEA only measured and indicated resources were included in the PEA mine design.

Mineral resources that are not mineral reserves do not have demonstrated economic viability.

23 TSX: BSX

2014 Goals

Released PEA – staged approach

Drill program on high grade Galo target

Complete DFS, using expanded resource

Complete Indigenous study

Apply for Installation License

24 TSX: BSX

Benefit from Lower Brazilian Real

B

razil

ian

Re

ais

1.9

2

2.1

2.2

2.3

2.4

2.5

2.6

Source: Bloomberg July 7th, 2014

25 TSX: BSX

PEA – Staged Approach Project Performance after Tax

Project Data Units Years 1-6 L.O.M

Life of Mine Years 21

Average Annual Mining Rate Mtpa 24.8 27.3

Annual Mill Throughput Mtpa 3.0 4.9

Metallurgical Recovery % 94.1% 92.8%

Average Annual Gold Production oz recovered 147,900 167,309

Average Waste to Mill Feed Strip Ratio Waste:Feed 6.32 4.30

Average Waste to Mill Feed Strip Ratio Waste:(Feed+Stockpile) 3.31 4.30

Average Feed Grade (diluted) grams/tonne 1.66 1.14

Mine Operating Costs

Per Feed Tonne

Mining US$/tonne feed 19.27 13.25

Process US$/tonne feed 9.13 8.64

General and Administration US$/tonne feed 3.49 2.22

Total Operating Cost US$/tonne feed 31.89 24.11

Total Operating Cost including Royalties US$/tonne feed 32.53 24.55

Per Gold Ounce

Mining US$/oz gold recovered 383 373

Process US$/oz gold recovered 182 279

General and Administration US$/oz gold recovered 69 63

Total Operating Cost US$/oz gold recovered 634 715

Total Operating Cost including Royalties US$/oz gold recovered 647 727

CAPITAL COST (including tax) Pre-Production LOM

Initial CAPEX US$ ('000's) 328.7

Sustaining CAPEX US$ ('000's) 104.8

Expansion CAPEX US$ ('000's) 203.6

Preliminary Economic Assessment

* The PEA is preliminary in nature, and there is no certainty that the PEA will be realized. Mineral resources that are not mineral reserves do not have demonstrated economic viability. External mining dilution is calculated at 12.3% at zero grade.

The diluted life of mine mill feed grade is expected to average 1.14 g/t gold with an average cut-off of 0.48 g/t gold. Based on current metallurgical testing, the average gold recovery is expected to be 92.8% overall for the life of mine. The ultimate pit

design was based on an optimised pit shell using a US$ 1020 /oz gold price. Internal phases were designed within that ultimate shell. For the purposes of the PEA, only measured and indicated resources were included in the PEA mine design.

26 TSX: BSX

PEA – Staged Approach Project Performance after Tax

Post Tax Evaluation Units Base Case Sensitivity

Gold Price US$ Ounce 1300 1450

NPV 0% US$ Million 1,062 1,472

NPV 5% US$ Million 418 637

IRR % 16.1 21.1

Payback years 4.2 3.3

Capital Cost

Pre Production Costs (US$ millions)

Open Pit $12.6

Processing $114.4

Infrastructure $76.0

Indirects, Contingency, Owners Costs $97.3

Subtotal $300.3

Tax $28.4

Total $328.7

* The PEA is preliminary in nature, and there is no certainty that the PEA will be realized. Mineral resources that are not mineral reserves do not have demonstrated economic viability. External

mining dilution is calculated at 12.3% at zero grade. The diluted life of mine mill feed grade is expected to average 1.14 g/t gold with an average cut-off of 0.48 g/t gold. Based on current metallurgical

testing, the average gold recovery is expected to be 92.8% overall for the life of mine. The ultimate pit design was based on an optimised pit shell using a US$ 1020 /oz gold price. Internal phases were

designed within that ultimate shell. For the purposes of the PEA, only measured and indicated resources were included in the PEA mine design.

27 TSX: BSX

Open Pit Gold Deposits

Source: Canaccord Genuity, Feb 10th , 2014

Criteria used: (1) Predominantly gold by in-situ value. (2) Greater than 5 Moz Au resource. (3) Politically stable jurisdictions.

(4) Owned by developers/small scale producers.

Global Resources (M&I plus Inferred)

Project Name Country State/Province Owner/Operator Tonnes (Mt) Au Grade (g/t) Contained Au

(Moz)

Morelos Mexico Guerrero Torex Gold Resources Inc 104.4 2.63 8.8

Courageous Lake Canada Northwest

Territories Seabridge Gold Inc 156.3 2.27 11.4

Volta Grande Brazil Para Belo Sun Mining Corp 139.3 1.71 7.6

Esaase Ghana Ashanti Region Asanko Gold Inc 194.9 1.66 10.4

Golden Meadows United States Idaho Midas Gold Corp 134.3 1.65 7.1

Marmato Colombia Caldas Gran Colombia Gold Corp 488.8 0.91 14.4

Mt Todd Australia Northern

Territory Vista Gold Corp 352.0 0.81 9.1

Eagle Canada Yukon Victoria Gold Corp 300.1 0.65 6.3

Livengood United States Alaska International Tower Hill

Mines Ltd 1,068.0 0.59 20.1

Converse United States Nevada Chaparral Gold Corp 351.5 0.50 5.7

Metates Mexico Durango Chesapeake Gold Corp 1,246.9 0.49 19.8

Spanish Mountain Canada British Columbia Spanish Mountain Gold Ltd 533.0 0.40 6.8

Batero-Quinchia Colombia Risaralda Batero Gold Corp 490.9 0.39 6.1

28 TSX: BSX

Volta Grande – Preliminary Project Layout

29 TSX: BSX

Proposed Location of Plant Facility

30 TSX: BSX

Regional Geology & BSX Sampling/Geophysics

Garimpinho

79.5 g/t Au in diorite

Javae

120.9 g/t quartz vein colluvium/alluvium

Surubim Buma *

28 km road access from Itata to BUMA

BSX airborne survey limit

BSX airborne Mag/Rad Survey – covered 130km strike (pending data processing)

Eastern part of the greenstone was not covered in previous work

7 DDH = 1,100m + auger drilling

700,000t @ 0.8 g/t Au (oxide)

grab sample 60 g/t Au (VQz)

Jatoba

11 DDH = 2,389m + auger drilling

11m @ 0.3 % Cu (up to 1.38% Cu)

Geotem-mag airborne survey

grid soil sampling: up to 189 ppb Au

(1km line spacing)

* Historical Resource - Non NI 43-101 Compliant and should not be relied upon.

31

Artisanal Workings

TSX: BSX

More than one million ounces of historical

gold production at Patrocinio

3.0 km by 1.5 km soil geochemical

anomaly defined

Grab samples have returned gold values up

to 37 g/t in granite and up to 67 g/t in veins

IP geophysical survey completed

1,500 meter drill program completed

One hole returned 23.35m of 1.35 g/t Au

2013 drill program – 5000 meters

16m of 5.2 g/t Au and 15m of 2.66 g/t Au 32 TSX: BSX

Patrocinio Tapajos District

Patrocinio Project Garimpeiro Mining

33 TSX: BSX

34 TSX: BSX

Independent Research Coverage

Firm Analyst

TD Securities Dan Earle

CIBC Jeff Killeen

BMO Capital Markets Brian Quast

National Bank Financial Shane Nagle

Cormark Securities Richard Gray

Canaccord Genuity Rahul Paul

Dundee Capital Markets Joseph Fazzini

Macquarie Capital Markets Michael Gray

Scotiabank Global Banking& Markets Ovais Habib

THE FOREGOING LIST INCLUDES THE NAMES OF ALL FIRMS CURRENTLY KNOWN BY THE COMPANY TO HAVE ANALYSTS COVERING THE COMPANY. THIS LIST MAY NOT BE COMPLETE AND IS SUBJECT TO CHANGE BY FIRMS' CHANGING OF

COVERAGE. PLEASE NOTE THAT ANY OPINIONS, ESTIMATES OR FORECASTS REGARDING THE COMPANY MADE BY THESE ANALYSTS ARE THEIRS ALONE AND MAY NOT REPRESENT THOSE OF THE COMPANY. THE COMPANY IS PROVIDING

THIS LISTING AS A SERVICE TO ITS SHAREHOLDERS AND, BY LISTING, IS NOT IMPLYING ITS ENDORSEMENT OF OR CONCURRENCE WITH SUCH ANALYST REPORTS. THOSE INTERESTED IN SUCH REPORTS SHOULD OBTAIN THEIR OWN

COPIES AND CONTACT THEIR BROKERS OR THE RESPECTIVE FIRMS.

Independent Research – Full Coverage

35 TSX: BSX

Belo Sun vs. Peers

1.1x

0.8x

0.8x

0.7x 0.7x 0.7x

0.6x

0.5x 0.5x 0.5x

0.7x

0.4x

1.1x

Midas Probe Romarco Rubicon Lydian Sulliden Sabina Guyana Pretium Torex Peer Median Belo Sun Int. Producer Peer Median

Source: BMO Capital Markets - Bloomberg and select Street Research, March 20th, 2014

Note: Intermediate Producer peer set includes: African Barrick, Alacer, Allied Nevada, AuRico, B2Gold, Centamin, Centerra, Detour Gold, Eldorado, Harmony, IAMGOLD, New Gold, Petropavlovsk,

Randgold, SEMAFO

36 TSX: BSX

BSX NAV per Share

$0.00

$1.00

$2.00

$3.00

$4.00

$5.00

$6.00

$7.00

1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000

US

$ p

er

Sh

are

Gold Price (US$/oz)

BSX NAV per Share at 5% Discount Rate

BSX Sensitivities- CIBC WM

NAV/Sh

Gold Price (US$/oz)

0.00 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000

Dis

cou

nt

Rat

e

0% 0.37 1.31 2.25 3.19 4.13 5.07 6.01 6.95 7.89 8.83 9.77

5% 0.35 0.45 1.08 1.71 2.33 2.96 3.58 4.21 4.84 5.46 6.09

8% 0.35 0.35 0.64 1.14 1.64 2.14 2.64 3.14 3.64 4.14 4.64

10% 0.35 0.35 0.43 0.86 1.29 1.72 2.16 2.59 3.02 3.46 3.89

Source: Jeff Killeen, CIBC World Markets – Jan 7th, 2014

37 TSX: BSX

Camp Site

38 TSX: BSX

Aerial View

0m

-200m 190m 50m

70m

SW NE

-400m

Block Size: 12.5 X 5.0 X 10.0 m

MR Open Pit

g/t Au

Mining - Saprolite US$/t 1.06

Mining - Fresh rock Open Pit US$/t 1.41

Processing US$/t 11.98

G & A US$/t 2.89

Au recovery - Saprolite % 94

Au recovery - Fresh Rock % 94

Selling cost US$ / Oz 13.82

Au Price US$ / Oz 1,400.00

39

Ouro Verde – Block Model Cross Section 900 NW

TSX: BSX

0m

-200m

150m

120m

SW NE

60m

-400m

Block Size: 12.5 X 5.0 X 10.0 m

MR Open Pit g/t Au




G & A US$/t 2.89





40


TSX: BSX

120m 25m

SW NE

70m

0m

-400m

-200m

Block Size: 12.5 X 5.0 X 10.0 m

MR Open Pit g/t Au




G & A US$/t 2.89





41


TSX: BSX

42

Grota Seca – Block Model Cross Section 2575 W

0m

-200m

30m 20m

25m

SSW NNE

MR Open Pit

Block Size: 12.5 X 5.0 X 10.0 m

g/t Au




G & A US$/t 2.89





TSX: BSX 42

43


0m

-200m

90m

30m

75m

SSW NNE

MR Open Pit

Block Size: 12.5 X 5.0 X 10.0 m

g/t Au




G & A US$/t 2.89





TSX: BSX 43

0m

-400m

-200m

190m

60m

130m

SSW NNE

Block Size: 12.5 X 5.0 X 10.0 m

MR Open Pit

g/t Au




G & A US$/t 2.89





44


TSX: BSX

45 TSX: BSX

Breakdown by Elevation

VGP - Pit Constrained MR – Sep 2013 (Belo Sun)

ELEVATION Tonnage AU_CUT_OK

Au Oz T x 1000 g/t

100MD 2,064.839 1.65 109,696

90MD 2,483.037 1.63 130,030

80MD 2,799.670 1.68 150,979

70MD 3,078.703 1.71 169,315

60MD 3,197.871 1.73 177,571

50MD 3,158.016 1.73 175,800

40MD 3,081.058 1.73 171,033

30MD 2,993.089 1.72 165,954

20MD 2,872.085 1.70 156,959

10MD 2,726.778 1.72 150,532

0MD 2,632.665 1.74 147,098

-10MD 2,597.336 1.78 148,341

-20MD 2,574.871 1.84 152,064

-30MD 2,530.356 1.82 147,883

-40MD 2,453.314 1.79 141,555

-50MD 2,350.234 1.85 139,680

-60MD 2,241.072 1.90 136,772

-70MD 2,188.391 1.87 131,680

-80MD 2,142.159 1.85 127,423

-90MD 2,044.708 1.86 122,368

-100MD 1,946.772 1.86 116,363

-110MD 1,852.345 1.82 108,247

-120MD 1,737.226 1.81 101,167

-130MD 1,596.591 1.82 93,490

-140MD 1,473.223 1.78 84,542

TSX: BSX 46

THE RIGHT DEPOSIT…..

THE RIGHT PLACE …..

THE RIGHT TIME…..

THE RIGHT PEOPLE…..

47 TSX: BSX

Appendix PEA Site Plan

48 TSX: BSX

CRUSHING

STOCKPILE

SEMI AUTOGENOUS MILLING, BALL

MILLING

GRAVITY SEPARATION

INTENSIVE LEACHING

THICKENING

CARBON IN LEACH

ELUTION CARBON REGENERATION

ELECTROWINNING

SMELTING

DORE BARS

CYANIDE DETOX

TAILINGS TREATMENT

Appendix PEA Simplified Flowsheet

49 TSX: BSX

Appendix PEA Process Flow Diagram

50 TSX: BSX

Appendix Volta Grande Process Plant Parameters

Annual Processing Rate 3,000,000 t/y

Daily throughput 8,220 t/d

Design feed rate for crusher circuit 457 t/h

Design feed rate for Mill/Leach circuit 376 t/h

Overall Plant recovery avg. 94 %

Primary Jaw Crusher 1 unit

Product P80 150 mm

SAG Mill 30 ft diam. X 15 ft 1 unit

SAG Mill installed power 7,500 kW

Ball Mill 18 ft diam. X 30 ft 1 unit

Ball Mill installed power 4,750 kW

Bond ball mill work index 16 kWh/t

Average Gravity Gold Recovery 45 %

Pre-Leach Thickener 30 M

CIL Circuit 6 stage

CIL Circuit residence time 24 hours

Corporate Headquarters

65 Queen Street West

Suite 815, P.O. Box 75

Toronto, Ontario M5H 2M5

TSX: BSX

Helia Bento

Investor Relations

416-309-2137

[email protected]

mailto:[email protected]

belo sun corporate presentation aug 2014

Documents