bellhaven copper & gold inc
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Paul Zweng, B.Sc, M.Sc, and Ph.D

CEO, Chairman and Director

Dr. Paul Zweng has blended a technical and financial background in exploration and mining over the past 30 years. Currently Dr. Zweng is a co-founder and managing member of Sand & Gold, LLC, the general partner to The Toquepala Fund, LP, a private investment partnership designed to invest in early-stage exploration companies (Bellhaven is a significant holding of the fund).

Prior to forming The Toquepala Fund/Sand & Gold, Dr. Zweng was a co-founder and manager of Resource Venture Advisors, LLC and Resource Venture Partners, L.P. (“RVP”). RVP was a natural resources fund making investments primarily in early-stage exploration/development companies with projects located around the world. During a portion of this time from May 7, 2010 to January 9, 2012, Dr. Zweng became CEO of Bellhaven Copper & Gold, one of RVP’s equity holdings.  During this period Bellhaven’s share price rose 126.3% compared to gains of 7.2% and 13.1% for the XAU and HUI indices, respectively.

Dr. Zweng co-founded Antares Minerals, a TSX-V listed company with projects in Argentina and Peru in late 2003 through the acquisition of a shell company, Planet Ventures. Dr. Zweng hired the initial management team and acquired its first mineral projects, including the Rio Grande copper-gold project located in Argentina. In March, 2005, Antares acquired from Phelps Dodge the Haquira copper oxide project in Peru and later discovered copper-molybdenum-gold sulfide mineralization below the oxide at Haquira East in February, 2007. The announcement in early January 2008 of drill-hole AHAD-107, containing 943 m @ 0.65% copper, confirmed that a major discovery had been made at Haquira. First Quantum (TSX-FM) acquired Antares for C$650 million in December 2010.

Dr. Zweng was the COO and then President/CEO of QGX Ltd, a TSX-listed company with mineral projects in Mongolia. When he joined QGX in early 2003, its market capitalization was C$30 million. During his tenure, QGX developed the Baruun Naran coking-thermal coal project into a 253 Mt resource with a positive pre-feasibility study (after-tax NPV@10% of US$499 million). QGX at this time also discovered Golden Hills, the fourth largest copper deposit ever discovered in Mongolia after Oyu Tolgoi, Erdenet, and Tsagaan Suvarga. Kerry Group (Hong Kong) acquired QGX for C$265 million in September 2008—the same month that Lehman Brothers failed.

Dr. Zweng was a Research Analyst and later Partner at Palo Alto Investors, a hedge fund based in California from 1999 until late 2002. He was featured twice in Barron’s “Plugged In” column (31 Aug 1999; 6 Sept 1999). Dr. Zweng also was the winner of the last Wall Street Journal “Heard in California” stock-picking contest (Jan-Jun 2000: +17.4%) before the contest was discontinued.

Dr. Zweng led BHP Copper’s new business development efforts in the Copperbelt of Africa from1997 until 1999. These efforts led to BHP securing the Tenke Fungurume project, one of the world’s richest and largest copper-cobalt deposits. [Freeport-McMoran Copper and Gold, Lundin Mining Company, and the government of the Democratic Republic of Congo (through Gecamines) commenced production at Tenke Fungurume in March, 2009.]

From 1995 until 1997, Dr. Zweng was the Manager of Exploration & Geology of BHP’s copper-(gold-silver) mine, Tintaya, Peru. He helped to grow Tintaya into one of the world’s largest copper skarn districts by discovering over 150 million tonnes of high-grade ore, including enough copper oxide ore to support the building of an SX-EW operation (158 Mt @ 1.20% Cu). He led BHP’s exploration efforts in the discoveries of the Coroccohuayco (92 Mt @ 3.10% Cu) and Antapaccay (520 Mt @ 0.72% Cu) deposits. [Tonnage and grade figures per Xstrata Copper as of March, 2008.]

He received two B.Sc. degrees with distinction in Geology and Applied Earth Sciences (Mineral Economics) from Stanford University (California) in 1980, a M.Sc. degree in Geology from Queen’s University (Ontario) in 1984 and a Ph.D. in Applied Earth Sciences (Ore Deposits) from Stanford University (California) in 1993.


Maria Milagros Paredes, BSc., MSc. and MBA

President, COO & Director

Ms. Paredes combines experience as a finance professional with a technical background in geology. Her extensive financial experience was developed at two storied companies, Hewlett Packard and Intel. At Hewlett Packard she was responsible for leading the Enterprise Division's budget and planning activities. More recently at the Intel Corporation, she drove the valuation of technologies that would be used in future products, combining finance, risk, and strategic analysis to recommend technologies that would increase revenue while reducing Intel's risk exposure. Ms. Paredes received a B.Sc. in Geological Engineering from Universidad Nacional de Ingenieria Lima-Peru, a M.Sc. degree in Geology from Iowa State University, and an MBA from Cornell University (New York). She is fluent in English and Spanish.


Alberto Montoya, PE

Independent Director

Mr. Montoya has been an active prospector and developer of gold mines in Colombia dating back to 1985, when he first discovered and then developed the La Estrella gold mine in the Colombian Province of South Bolivar.  Mr. Montoya went on to discover other deposits, but none reaching the significance of the La Mina gold- (copper) porphyry deposit, which he discovered in the mid-90’s. Mr. Montoya was granted the exploration license for La Mina on May 27, 2002, which he subsequently transferred to Bellhaven. A graduate of Colombia’s National University in 1963 with a degree in Engineering (Agronomy), Mr. Montoya remains quite active in the agricultural sector with an active coffee plantation and roasting facility adjacent to the Company’s La Mina project where he has lived and worked since 1992.


Nancy Zweng, AB, MPP and MBA

Independent Director

Nancy Zweng, a sister to Board Member Paul Zweng, is a Managing Director of Golden Seeds, Inc., an early stage venture investment group. She graduated from Harvard College in 1976, earned a Master's of Public Policy from the Kennedy School at Harvard in 1978 and an MBA from Stanford University in1983. She served in the U.S. Department of Energy, Office of Policy Analysis, and was the Special Assistant for Budget and Program at the Office of Management and Budget during the administration of President Carter. Her subsequent career on Wall Street, was primarily at The First Boston Corporation, now Credit Suisse. Her corporate finance work involved several merger and acquisitions, including the sale of Hughes Aircraft and The New Yorker magazine, as well as  initial public offerings and spin outs. After working on the equity capital markets desk, she ran equity derivative sales and trading, and later an equity proprietary trading unit.


Mark Antonvich, BA, JD

Independent Director

Mr. Antonvich currently is Executive Vice President and Chief Legal Officer for Vinmar International Ltd.(Houston, Texas), where he provides legal support to various businesses including chemical manufacturing, project development, marketing and distribution for chemicals and polymers, and fuels trading.  Prior to his current eight-year stint with Vinmar International, Mr. Antonich worked as the Executive Vice President and General Counsel for Hexion Specialty Chemicals, Senior Counsel for Enron Global Exploration and Production, and Senior Corporate Counsel for BHP Minerals.  At BHP Minerals in the late 1990’s and early 2000’s Mr. Antonvich worked with follow BHP employee Paul Zweng (currently a Bellhaven director) in securing the rights of Tenke Fungurume, at the time one of the world’s largest and highest-grade undeveloped copper projects located in the Democratic Republic of Congo. 

Mr. Antonvich’s career as a corporate lawyer spans over 30 years of extensive and wide-ranging experiences resolving significant legal, business and compliance issues on a global basis.  He has participated in international transactions for many years, including mergers and acquisitions. Mr. Antonvich’s industry experience includes commodity and specialty chemical manufacturing; oil and gas exploration and production; hard-rock mining and exploration, production and refining; polymers, chemicals and fuels project development, marketing, distribution and trading; family office investments, venture capital and private equity.Mr. Antonvich was the recipient of the Houston Business Journal’s Best Corporate Counsel Award in 2010. He was a finalist for The General Counsel Forum’s 2012 Magna Stella Awards for in-house excellence in leadership and management in the Solo General Counsel category. He has served on the statewide board of the Texas General Counsel Forum and currently serves on the board of the Houston chapter.

In 1988 Mr. Antonvich earned a Juris Doctor law degree from the Georgetown University Law Center.