Bellhaven Copper & Gold Inc. (TSX VENTURE:BHV) ("Bellhaven" or the "Company") is
pleased to announce that preparations are well underway for the upcoming
drilling campaign at La Garrucha Au-(Cu) prospect. This will be the first
drilling program to test the most prospective area of La Garrucha-the center of
the broad magnetic anomaly-as prior drilling could only test its western fringe.
With the Company's signing of the La Garrucha earn-in agreement (see news
release of March 26, 2013), drilling can now commence in early May. 


La Garrucha prospect is a Au-(Cu) porphyry deposit, similar to La Cantera and
Middle Zone deposits where Bellhaven has discovered 2.55 Moz of gold equivalent
less than a kilometer away (see news release dated July 9, 2012). Gold and
copper at La Garrucha and La Cantera are coincident with strong magnetic
anomalies. For maps showing the location of La Garrucha and La Cantera and the
strong spatial correlation between their magnetic anomalies and gold, please use
the link below:


http://media3.marketwire.com/docs/BellFigs430.pdf

Julio Benedetti, Bellhaven's CEO and Chairman, commented as follows:

"This is what we've all been waiting for-to drill the heart of the large
magnetic anomaly situated over La Garrucha. We know that gold and copper
deposits at La Mina and elsewhere in the Middle Cauca Belt (Colombia) show a
high correlation with strong magnetic highs. I urge you to view the maps issued
with this news release-the spatial relationship is rather remarkable. The
magnetic anomaly over La Cantera guided us to 1.0 Moz gold and 280 Mlbs Cu (1.64
Moz AuEq). We are excited to start drilling La Garrucha soon because the size of
La Garrucha's magnetic anomaly is much larger than the one over La Cantera
(71,924 vs. 42,000 sq. meters)-and just as intense. Plus, we know that La
Garrucha contains gold-the prior drill holes yielded increasing grade towards
the magnetic anomaly with individual assays as high as 2 g/t Au where the ends
of two drill holes clipped the edge of the magnetic high." 


"We believe La Garrucha holds the potential to become a significant exploration
success for Bellhaven. This is why we worked so hard earlier this year to
conclude an earn-in agreement for this concession. Certainly if La Garrucha had
not straddled the boundary of two concessions held by two different companies,
it would have been the first prospect drilled at La Mina. With these issues
resolved, we are pleased to commence drilling soon at La Garrucha."


Exploration Update

The Company completed two drill holes to the south of the La Garrucha target,
well outside of the magnetic anomaly, under the previous mandate that the
drill-holes remain entirely on Bellhaven's La Mina concession (and not cross
onto the La Garrucha concession). Both holes intersected the outer, poorly
mineralized Garrucha intrusion. Despite being well outside the magnetic anomaly,
a short interval near the end of LME-1097 assayed 0.79 g/t Au over 3.91 meters.


A third drill hole was completed to test the Cristalina prospect, approximately
700 meters south of La Cantera, where geochemical and magnetic data suggest a
buried, potentially mineralized intrusion. Breccias with intrusive fragments
were encountered, but gold grades were low. The drilling program was halted to
secure a new drill contract and to await clearance to begin work at La Garrucha.


Table 1 - Drill Hole Location Data from this News Release for La Mina
Gold-(Copper) Project, Colombia




------------------------------------------------------------
                      East UTM      North UTM      Elevation
Hole Number         Coordinate     Coordinate     (m.a.s.l.)
------------------------------------------------------------
LME-1097             419829.85      654415.93        1981.45
------------------------------------------------------------
LME-1098             419873.03      654308.13        1980.78
------------------------------------------------------------
LME-1099             419449.59      653513.85        1683.35
------------------------------------------------------------

---------------------------------------------------------------------------
                       Azimuth         Plunge   Total Length               
Hole Number          (degrees)      (degrees)       (metres)       Prospect
---------------------------------------------------------------------------
LME-1097                    90            -70         360.27    La Garrucha
---------------------------------------------------------------------------
LME-1098                    45            -65         297.18    La Garrucha
---------------------------------------------------------------------------
LME-1099                   135            -60         295.35     Cristalina
---------------------------------------------------------------------------

m.a.s.l. = metres above sea level



This news release has been prepared under the supervision of Mr. Thomas J.
Drown, P.Geo. Mr. Drown has more than 25 years relevant experience and is a
British Colombia Professional Geoscientist. He is a senior project geologist
with the Company at the La Mina Project and serves as the qualified person as
defined by National Instrument 43-101.


About Bellhaven

Bellhaven Copper & Gold Inc. is a Canadian-listed (TSX VENTURE:BHV) exploration
company exploring for gold and copper in Panama and Colombia. The Company's goal
is to be a leader in gold and copper development in Panama and Colombia.
Bellhaven focuses on discovery, acquisition, and development of high-quality
resources in a safe and responsible manner for the benefit of all of its
stakeholders.


The Company's flagship project is the La Mina porphyry gold-(copper) porphyry
deposit in the Middle Cauca belt of Colombia. The total La Mina resource now
includes 1.6 Moz gold and 419 million pounds of copper (or 2.55 Moz gold
equivalent) contained in 79.9 million tonnes averaging 0.62 g/t Au, 0.24% Cu, or
a gold equivalent grade of 1.0 g/t (based on a 0.30 g/t Au cutoff grade). The
average grade of 1.0 g/t gold equivalent makes La Mina one of the highest grade
gold-(copper) porphyry deposits in the Americas. The Company is currently
seeking to develop and to grow these resources through mine development ongoing
exploration on the La Mina concession. For more information regarding Bellhaven,
please visit our website at www.bellhavencg.com. 


On behalf of the board of directors,

Julio Benedetti, CEO & Chairman of the Board of Directors

BELLHAVEN COPPER & GOLD INC.

Statements in this press release, other than purely historical information,
including statements relating to the Company's future plans and objectives or
expected results, may include forward-looking statements. Forward-looking
statements are based on numerous assumptions and are subject to all of the risks
and uncertainties inherent in resource exploration and development. As a result,
actual results may vary materially from those described in the forward-looking
statements.



FOR FURTHER INFORMATION PLEASE CONTACT: 
Bellhaven Copper & Gold Inc. - North America Contact
Mrs. Milagros "Millie" Paredes
President/Director
(971) 344-1500
mparedes@bellhavencg.com


Bellhaven Copper & Gold Inc. - Panama Contact
Mr. Julio Benedetti
CEO/Chairman
+507-226-3967
juliobenedetti@bellhavencg.com
www.bellhavencg.com

Bellhaven Copper & Gold Inc. (TSXV:BHV)
Graphique Historique de l'Action
De Mai 2024 à Juil 2024 Plus de graphiques de la Bourse Bellhaven Copper & Gold Inc.
Bellhaven Copper & Gold Inc. (TSXV:BHV)
Graphique Historique de l'Action
De Juil 2023 à Juil 2024 Plus de graphiques de la Bourse Bellhaven Copper & Gold Inc.