Belo Sun Provides Update on Volta Grande Gold Project

Belo Sun reported the reissue of the Installation License (LI No. 3698/2026) for its Volta Grande gold project in Pará, Brazil, replacing the prior LI and valid until April 2029. The company said the reissued LI maintains the same project scope and allows work to advance, and that it is engaged with SEMAS on updated technical conditions. Belo Sun expects a comprehensive project update and an updated Definitive Feasibility Study (DFS) by end-Q2 2026 reflecting current market conditions and metal prices. The development de-risks the permitting pathway and is constructive for project valuation and future construction financing prospects, supportive for gold-related assets (XAUUSD) and Belo Sun’s equity sentiment.