Wed December 15, 2010.
Bellhaven Commences Ground Geophysical Surveys at the La Mina Porphyry Gold-(Copper) Project, Colombia
Panama, Rep. of Panamá – December 15, 2010. Bellhaven Copper & Gold Inc. (TSX-Venture: BHV) (“Bellhaven” or the “Company”) is pleased to announce the commencement of ground-based induced polarization (IP), magnetometric, and radiometric surveys at the La Mina porphyry Au-(Cu) project in Colombia. The work program is being conducted inside a 1.5-km long by 0.6-km wide grid consisting of approximately 18.5 line-kilometers spaced 50-m apart. The surveys are being performed by ARCE Geofisicos SAC, an independent geophysical consulting firm headquartered in Lima, Peru.
The geophysical programs at La Mina are designed to delimit in greater detail the multiple porphyry gold-(copper) prospects and anomalies occurring within a known north-south corridor, including La Cantera, Middle Zone, El Limon, and El Tanque. To date, ten drill holes collared at La Cantera have yielded multiple intercepts containing 1 g/t Au or better over several tens of meters (e.g., 94 m @ 1.12 g/t Au, 0.31% Cu; 106 m @ 1.11 g/t Au, 0.40% Cu; 87.3 m @ 1.07 g/t Au, 0.30% Cu; and the most recently reported intercept, 126 m @ 1.02 g/t Au, 0.36% Cu). Four drill holes sited at the new Middle Zone discovery have delivered best intercepts of 94 m @ 0.76 g/t Au and 0.39% Cu and 76.83 m @ 0.70 g/t Au & 0.27% Cu starting at 1.52 m depth.
For maps showing the location of the geophysical surveys with respect to the concession block, the principal exploration targets, and the existing drill holes, please use the following link: http://media3.marketwire.com/docs/b1214.pdf
“We are pleased the geophysical programs are now underway over a select area at La Mina. Our geologic understanding of the partially-drilled La Cantera prospect will serve as a model by which to interpret the IP, magnetometric, and radiometric data over the rest of the grid. These data will serve to define better the known gold-(copper) prospects such as the Middle Zone, El Limon, and a new area of interest, El Tanque, located less than 500 m to the NE of La Cantera. They will also help to characterize other areas of alteration-mineralization known only through rock-chip and soil sampling programs as well as reconnaissance geologic mapping.”
The Company’s principal assets include the La Mina porphyry gold-(copper) project in the Middle Cauca belt of Colombia, the Pitaloza and three other high-sulphidation epithermal gold-(copper) and porphyry copper prospects located on the Azuero Peninsula in Panama.
On behalf of the board of directors,
Paul L. Zweng, Interim CEO & Director
BELLHAVEN COPPER & GOLD INC.
Corporate Contact in North America: Corporate Contact in Panama:
Paul Zweng, CEO/Director Julio Benedetti, President/Director
+1-808-377-1947 Int’l No: +507-226-3967
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.