News Releases 2010
Tue July 8, 2010
Bellhaven Receives Spectral Analyses Showing Widespread Advanced-Argillic and Silicic alteration at the Bejucosa Prospect at Pitaloza, Panama. New Trenches Expose Feeder Zone with 4.36 g/t Au over 18 m. Three Exploration Targets Now Recognized at Bejucosa
Panama, Rep. of Panamá – July 8, 2010. Bellhaven Copper & Gold Inc. (TSX-Venture: BHV) (“Bellhaven” or the “Company”) is pleased to announce that widespread silicic and advanced-argillic (higher temperature) alteration—hallmark features of gold-bearing rocks associated with high-sulphidation epithermal gold deposits—occur over the eastern portions (~250 m by 400 m) of the Bejucosa prospect at Pitaloza. This area has been largely un-sampled to date. In contrast, the western portions (~350 m by 400 m) are characterized by intermediate-argillic (lower temperature) alteration occurring outboard of gold-bearing feeder zones. Gold in the feeder zones is believed to be associated with silicic fragments transported upwards a minimum 75-m distance from depth. Trench A exposes such a feeder zone measuring 18-m wide and averaging 4.36 g/t Au. Three exploration gold targets are now apparent at Bejucosa: (1) silicic-altered rocks exposed in the eastern portion of the prospect; (2) silicic-altered rocks inferred at shallow depths in the western portion, and (3) feeder zones occurring throughout the western and eastern portions of the prospect.
Tue June 24, 2010
Bellhaven Receives Channel Samples from Two Exposures. Containing 0.7 g/t Gold at the Middle Zone of the La Mina Porphyry Gold Project, Colombia. Channel Samples Confirm Second Porphyry Gold Center at La Mina
Channel Samples Confirm Second Porphyry Gold Center at La Mina
Panama, Rep. of Panamá – June 24, 2010. Bellhaven Copper & Gold Inc. (TSX-Venture: BHV) (“Bellhaven” or the “Company”) is pleased to announce that continuous channel sampling at a second porphyry gold center, the Middle Zone, returned two zones containing consistent gold values in the range of 0.4 to 1.0 g Au. The first sampled exposure contained 19 m @ 0.73 g/t Au and a second exposure contained 24 m @ 0.74 g/t Au (0.4 g/t Au cut off). These figures represent minimum lengths as each zone is open-ended. The two sampled exposures are separated by a 40-m long unexposed and unsampled area. More surface sampling is required to define the size and geometry of the upper regions of the Middle Zone, but a minimum radius of 80 m grading approximately 0.7 g/t Au is permissive assuming continuity between the two sampled exposures.
Wed June 23, 2010.
Bellhaven Raises C$800,000
Funds will be used to fast-track drilling gold projects in Colombia & Panama
Updated website now available for viewing
Panama, Rep. of Panamá – June 23, 2010. Bellhaven Copper & Gold Inc. (TSX-Venture: BHV) (“Bellhaven” or the “Company”) is pleased to announce that it has completed, subject to the approval of TSX Venture Exchange, a non-brokered private placement of 3,636,000 units at a price of $0.22 per unit for aggregate gross proceeds of $799,920.00. Each of the units is comprised of one common share of the Company and one-half of a share-purchase warrant. Each full share-purchase warrant will entitle the holder to acquire one common share of the Company at a price of $0.30 for a term of 18 months from the date of issuance. A finder’s fee of 5% cash and 5% in broker’s warrants will be paid in connection with this placement. Each broker warrant has a term of 18 months from the date of issuance and is exercisable into one common share of the company in exchange for $0.30.