News Releases 2011
Tue June 28, 2011.
Bellhaven Completes Initial Drilling Campaign at La Cantera, La Mina, Colombia
Now Preparing La Cantera Prospect for NI 43-101 Resource Calculation as Drilling Remains Ongoing
Vancouver, British Columbia – June 28, 2011. Bellhaven Copper & Gold Inc. (TSX-Venture: BHV) (“Bellhaven” or the “Company”) is pleased to announce that it has completed its initial drilling campaign at the La Cantera prospect where the most recent drill holes continue to deliver encouraging gold and copper intercepts. The highlights of the drilling results include:
DDH-24: 94 m @ 1.53 g/t Au, 0.52% Cu (2.43 g/t AuEq)
DDH-25: 55 m @ 0.85 g/t Au, 0.30% Cu (1.37 g/t AuEq)
DDH-26: 78 m @ 1.02 g/t Au, 0.40% Cu (1.71 g/t AuEq)
and: 42 m @ 1.02 g/t Au, 0.28% Cu (1.49 g/t AuEq)
DDH-27: 113 m @ 0.74 g/t Au, 0.32% Cu (1.29 g/t AuEq)
and: 94 m @ 0.69 g/t Au, 0.27% Cu (1.15 g/t AuEq)
Wed May 25, 2011.
Bellhaven’s Second Drill Hole at the Caracucho Prospect, Pitaloza, Panama, Delivers 0.98 g/t Gold and 0.46% Copper (1.76 g/t Gold Equiv.) over 50 Meters
Vancouver, British Columbia–May 25, 2011. Bellhaven Copper & Gold Inc. (TSX-Venture: BHV) (“Bellhaven” or the “Company”) is pleased to announce that its second drill hole targeting high-sulphidation epithermal gold-(copper) at its 100%-owned Caracucho prospect, Pitaloza, Panama, cut 50 meters averaging 0.98 g/t gold and 0.46% copper (1.76 g/t gold equiv.) starting 26 m down the hole. The intercept consists of an overlying 20-m wide oxide zone and an underlying 30-m wide sulphide zone. This drill hole is the first ever at Pitaloza to demonstrate significant grades of gold and copper contained in sulphide over a substantial width.
Thu May 19, 2011.
Bellhaven Announces Closing of $5 Million Private Placement
Vancouver, British Columbia – May 19, 2011. Bellhaven Copper & Gold Inc. (TSX-Venture: BHV) (“Bellhaven” or the “Company”) is pleased to announce that it has closed its bought deal private placement (the “Offering”) with Dundee Securities Ltd. (“Dundee”) as previously announced on April 27, 2011. The Company has raised $5,005,000 through the issuance of 9,100,000 units (the “Units”) at a price of $0.55 per Unit. Each Unit consists of one common share (a “Share”) of the Company and one-half of one common share purchase warrant (each whole warrant, a “Warrant”). Each Warrant entitles the holder thereof to acquire one Share of the Company at a price of $0.80 for a period expiring May 19, 2013. The Warrants will not be listed for trading.