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 mineral exploration and geology. Her extensive financial experience was developed at two storied companies, Hewlett Packard and Intel.   More recently at Bellhaven, she established operational and financial procedures and controls which allowed Bellhaven to conduct more efficiently its financial reporting, its first-ever NI 43-101 resource estimate, and its partnerships with IAMGOLD and AngloGold Ashanti. 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 was born in Lima, Peru and is fluent in English and Spanish.


Mark Gelmon, CA, CPA


Mr. Gelmon has provided financial and regulatory expertise to TSX Venture Exchange listed companies in the capacity of director, chief financial officer, and consultant for the past 21 years.  His background and skills as a CPA, CA (1995) provides the Company with the skills required for financial management, reporting operating results, liaison with financial institutions, and compliance with today's complex regulatory reporting requirements.  Mr. Gelmon has been a partner at iO Corporate Services (Vancouver) since 2007.