Bellhaven Copper and Gold Inc.

Published : September 25th, 2008

Acquires New Properties in Colombia

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Keywords :   Colombia | Copper | Gold | Iron | Panama | Silver |
=======================================================================
Re:   News Releases - Thursday, September 25, 2008
      Bellhaven Acquires New Properties in Colombia
=======================================================================

PANAMA CITY, Sept. 25 /PRNewswire/ -- Bellhaven Copper & Gold, Inc.
(TSX-Venture: BHV) (Bellhaven or the Company) announces that it has
been granted three licenses (metallic exploration concessions) covering
6,440 hectares in the Department (Province) of Bolivar, Colombia
approximately 275 kilometers from the Atlantic port city of Cartagena.
The three licenses are located in the San Lucas Mountain Range in the
Southern Bolivar Mineral Belt.  The Southern Bolivar Mineral Belt
extends along a NE-SW trend for more than 150 kilometers.  The belt
ranges from 15 to 25 kilometers in width and is nearly coincident with
the San Lucas Range.

Hundreds of small prospects and artisanal mine workings are located
within this belt, and are generally characterized by a series of
northeast striking, steeply dipping, shear hosted, quartz-sulfide veins
with variable widths (0.5 to 3 meters).  These veins are mined
exclusively in the oxide/gossan zones by the artisanal miners that
extract only the high-grade (+25 g/t Au) free gold.  Little to nothing
is done with high-grade (+25 g/t Au) sulfide ore, and oxide material in
the 1 to 10 g/t gold range that characterizes large parts of the vein
structure and adjacent wallrocks.  In the San Martin de Loba area the
shear/veins are hosted in medium to coarse grained, quartz
monzonite/tonalite with 1 to 4 meter alteration
(quartz-sericite-pyrite) envelopes.  In the San Lucas area the veins
(fissure/feeder zones) are hosted in a thick (+300 meters) package of
dacitic to andesitic volcanics (pyroclastic and flow rocks) with an
extensive area of silicic-argillic alteration and disseminated pyrite
mineralization.

Prospects throughout the San Lucas Range are found in a sequence of
volcanic rocks (composed of dacitic to andesitic crystal tuffs, tuff
breccias and flows) that begins at an elevation of 150 mts above msl
and extends up to the main summit ridge, were numerous artisanal mining
camps are located.  These camps appear to be located along the oxide
zones of outcropping fissure/feeder vein structures that contain high
grade (+25 g/t Au) gold mineralization.  Argillic and silicic-argillic
alteration of the pyroclastic volcanic rocks are observed over a large
(+10 square kilometers) area.  Disseminated sulfides (iron oxides after
pyrite) are common within this extensive alteration zone.  Bellhaven's
preliminary surface exploration of 29 samples of altered outcrops and
artisanal workings have returned assay values that average 15 g/t gold
and 53 g/t silver.  Nearly 50% of the surface samples have assay
results greater than 10 g/t gold, and 25% of the samples have assays
greater than 25 g/t gold and 50 g/t silver.
 
Julio Benedetti, President & CEO had the following comments:

These three licenses cover a central portion in the San Lucas Trend.
Our surface sampling has provided confirmation of the extension of
mineralization beyond the high grade artisanal mining areas, adding
considerable size to the surface mineralization expressions.

We are preparing a complete exploration program which will include
additional and extensive geochemical testing, geophysics, and if
warranted, drilling.  We look to commence fieldwork on this highly
prospective mineralized belt ASAP.
 
This news release has been prepared under the supervision of Michael D.
Druecker, Ph.D., P.Geo. who serves as the Qualified Person as defined
by National Instrument 43-101 responsible for ensuring that the
geological information in this release is accurate.
 
Bellhaven Copper & Gold Inc. is a Panama-based mineral exploration and
development company with a portfolio of gold and copper properties in
the Republics of Panama and Colombia. The company has 31.479 Million
shares issued and outstanding. For more information, please visit the
web site at http://www.bellhavencg.com or call Patrick Abraham in
Panama at 011-507-340-9500.
 
On behalf of the board of directors,
 
Julio C. Benedetti,
President, CEO
 
Forward Looking Statements: Some statements in this news release
contain forward-looking information. These statements include, but are
not limited to, statements with respect to the completion of
transactions, the timing and amount of issuances of securities and the
uses of proceeds.  These statements address future events and
conditions and, as such, involve known and unknown risks, uncertainties
and other factors which may cause the actual results, performance or
achievements to be materially different from any future results,
performance or achievements expressed or implied by the statements.
Such factors include, among others, the ability to complete
contemplated transactions and share issuances and the uses of proceeds.
 
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release.

Corporate Contact:

Julio Benedetti
Int'l No: +507-226-3967          

Investor Relations Contact:

Patrick Abraham
Int'l No: +507-340-9501

=======================================================================
Copyright (c) 2008 BELLHAVEN COPPER & GOLD INC. (BHV.H)  All rights
reserved.  For more information visit our website at
http://www.bellhavencg.com/ or send mailto:info@bellhavencg.com
=======================================================================
.
Data and Statistics for these countries : Colombia | Panama | All
Gold and Silver Prices for these countries : Colombia | Panama | All

Bellhaven Copper and Gold Inc.

PRODUCER
CODE : BHV.V
ISIN : CA0794761076
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Bellhaven is a gold and copper exploration company based in Canada.

Bellhaven produces gold, copper, lead, silver and zinc in Panama, and holds various exploration projects in Colombia.

Its main asset in production is VERAGUAS in Panama and its main exploration properties are AZUERO, CARACUCHO and VIENTO FRÍO in Panama and LA MINA and SANTA MARIA GOLD MINE in Colombia.

Bellhaven is listed in Canada and in United States of America. Its market capitalisation is CA$ 12.0 millions as of today (US$ 8.9 millions, € 8.0 millions).

Its stock quote reached its highest recent level on December 30, 2005 at CA$ 1.50, and its lowest recent point on January 22, 2016 at CA$ 0.03.

Bellhaven has 28 290 000 shares outstanding.

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Financings of Bellhaven Copper and Gold Inc.
10/24/2013Announces Non-Brokered Financing
2/25/2013Announces Closing of Non-Brokered Financing
7/7/2008Announces Private Placement Closing
11/13/2007 Announces Private Placement to Raise CA$3.8 Million for Dev...
Nominations of Bellhaven Copper and Gold Inc.
4/3/2013Announces the Resignation of Patrick Highsmith as CEO and Di...
7/5/2011Appoints Mr. Richard (Dick) Lyon as Chief Operating Officer
5/19/2011Hires Vice President of Exploration
Financials of Bellhaven Copper and Gold Inc.
5/1/2008Advances Development of the Cerro Quema Gold Project, Comple...
Project news of Bellhaven Copper and Gold Inc.
4/30/2013(La Mina)Prepares For First Drilling Campaign Over Center of La Garru...
1/17/2013(La Mina)Provides Work Plan for First Half of 2013-La Mina Project, C...
6/28/2011(La Mina)Completes Initial Drilling Campaign at La Cantera, La Mina, ...
5/25/2011(Caracucho)Second Drill Hole at the Caracucho Prospect, Pitaloza, Panam...
5/9/2011(La Mina)Drills Third Consecutive 200-Plus-Meter Intercept at La Cant...
4/6/2011(La Mina)Drills Consecutive 200-Plus-Meter Intercept La Cantera, La M...
3/23/2011(La Mina)Commissions NI 43-101 Technical Report for the La Mina Gold-...
2/28/2011(La Mina)Drills 1.62 g/t Au and 0.44% Cu (2.4 g/t AuEq) Over 98.2 Met...
2/15/2011(La Mina)Identifies Three New Geophysical Targets at the La Mina Porp...
1/24/2011(La Mina)Drills 73 Meters of 0.50 g/t Au and 0.25% Cu (0.92 g/t AuEq)...
7/16/2008(Cerro Chorcha-panama)JV Partner Raises US$10 Million For Cerro Chorcha Exploratio...
5/27/2008(Santa Maria Gold Mine)Signs Definitive Agreement
1/30/2008(Santa Maria Gold Mine)Signs Letter of Intent to Acquire Santa Maria Gold Mine
7/31/2007(Cerro Chorcha-panama)Copper & Gold & Empire Minerals Intersect 114 meters of 2.01...
Corporate news of Bellhaven Copper and Gold Inc.
4/7/2015Receives Notification of Approval for La Garrucha Acquisitio...
3/31/2015Acquires 100% of La Garrucha Concession, Colombia
3/31/2015Bellhaven Acquires 100% of La Garrucha Concession, Colombia
10/2/2013Clarifies its Disclosure
9/10/2013La Garrucha Prospect Delivers Again with Drill-Hole LME-1106...
7/10/2013(La Mina)Drills Longest Intercept Ever at La Mina Project, Colombia: ...
7/3/2013(La Mina)Initiates Metallurgical Studies for La Garrucha Gold-(Copper...
6/27/2013Drills 158 m of 1.0 g/t Gold and 0.17% Copper (1.3 g/t Gold ...
6/3/2013Implements Significant Cost-Saving Initiatives
5/16/2013(La Mina)Collars First Drill Hole Over Center of La Garrucha Au-(Cu) ...
4/23/2013Clarifies Its Disclosure
4/11/2013Announces 7-Point Strategic Plan
3/26/2013Options La Garrucha Concession in Colombia
11/14/2012(La Mina)Provides Exploration Update at La Mina Project: Drill Testin...
10/30/2012Options Non-Core Projects in Bolivar Department, Colombia to...
4/27/2011& Gold Inc. Announces $5 Million Private Placement
4/20/2011(La Mina)Drills Promising First Hole at El Limon Prospect, La Mina, C...
3/7/2011Receives Assays for First Two Drill Holes at its High-Sulphi...
9/25/2008Acquires New Properties in Colombia
8/6/2008Checks Previous Six Month Objectives and Announces Next Six ...
7/9/2008Mourns Board Member Larry Abraham
1/3/2008Initiates Geophysical Survey On The Azuero Peninsula In Pana...
4/20/2007Completes 2005-2006 Exploration at Azuero Property, Identifi...
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