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   Bellhaven Checks Previous Six Month Objectives and Announces Next
   Six Months Goals
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PANAMA, Aug. 5 /PRNewswire/ -- Further to the release of January 23,
2008, Bellhaven Copper and Gold, Inc. (TSX-Venture: BHV) ("Bellhaven or
the Company") is pleased to announce the completion of the following
corporate goals for the first semester of 2008.

1.  Cerro Quema Gold Project:

In our release of May 1, 2008, Bellhaven listed the goals completed
during Q1/08.  Following are goals completed during Q2/08.

a.  Metallurgical Testing: SGS Labs (at Lakefield) has completed
  Jig-Column tests on three 20Kg representative ore samples crushed to
  6.5 mm, operating for 48 hours. The results successfully confirmed
the
  high gold recoveries of the bottle roll tests. The three tests
yielded
  the following results:


  Test no.        PC-1            PC-2         PC-3
  Recovery        96.1%           82.5%        94.7%



  Bellhaven will be releasing these results in more detail in a
separate
  announcement.

b.  Completion of the Pilot Plant: Under the supervision of Innovat
Ltd.,
  a 15 tpd Continuous Vat Leach Pilot Plant was completed in
Burlington,
  Ontario and transported to SGS Labs at Lakefield, Ontario for its
  erection and operation.  After its erection a trial test will be done

  using water and gravel to check the plant mechanically before it is
  commissioned to run with an ore sample.

c.  Ore sample collection. A 70 ton representative ore sample was
  collected at Cerro Quema, crushed 6.5 mm size and shipped from Quema
  to Lakefield.

d.  Field Construction Activities: Construction of the main sediment
  control structure was initiated and is expected to be completed
during
  Q3/08. Construction of a fourth housing unit (with eight complete
  rooms designed to accommodate guests and visiting technical
personnel)
  as well as a unit for meeting facilities were initiated. Both units
  are expected to be completed during Q3/08.

e.  EPCM: Several crushing plant proposal have been received and are
being
  evaluated. The final Design of the Crushing System has been
completed.
  Design of the Continuous Vat Leach Plant is 80% completed, pending
  final confirmation by the Pilot Plant Tests.

f.  Studies: Environmental monitoring and updating are being performed
on
  a continuous basis.

g.  Financing: Bellhaven completed a private placement financing for
$2.08
  million. Of this funding US$1.0 million was paid to Central Sun
Mining
  in compliance with the terms of the Cerro Quema purchase agreement.


2.  Cerro Chorcha Project:

While waiting for JV Partner Dominion Minerals Corp. to raise adequate
funding to continue with the exploration program, Bellhaven completed a
very important aerial photo survey. The details of this survey were the
subject of the announcement of May 13, 2008.
Interpretation of the drill results and geological data from the last
drilling campaign was compiled into the new topographic data base in
order to relay all the information required for preparation the
NI-43-101 complaint update report due for completion in August.
A second phase drilling program was prepared to prove out a high grade
zone within the Chorcha copper porphyry, as well as new drill targets
in surrounding anomalous areas.  Drill platforms and new camps were
advanced in preparation for the new drill program.

3.  Colombia Projects:

During the first semester of 2008, a Definitive Agreement was signed
for the Santa Maria Gold Mine; Bellhaven is currently in the process of
refurbishing the mine plant in order to get the mine back in production
by Q3/08. Bellhaven is also evaluating other mining opportunities in
Colombia and has submitted applications for three new explorations
areas in the southern part of the Bolivar Department. Reconnaissance
sampling and mapping are currently underway in these properties.


4.  Pitaloza, Azuero Package:

An eight (8) line km dipole-dipole IP survey covering three prospects
was completed in the Pitaloza Concession. The IP results were analyzed
and an evaluation report was prepared that defined and located several
priority drill targets. At the Bejucosa target the IP survey identified
an oxidized zone of Au mineralization overlying a conductive zone of
possible supergene and primary Cu-Au mineralization that may extend to
at least 140 meters depth. At the Caracucho target a similar near
surface oxidized "cap" from the surface to 40 meters was identified,
that overlies a supergene Cu-Au enrichment zone of about 30 meters
thick and then possible primary Au-Cu sulfide mineralization to at
least 170 meters depth. The Cementerio target shows a similar model as
the two previous targets but at depth the sulfide mineralization
appears associated with intense stockwork quartz veining and/or
silicified breccias.

5.  Rio Liri:

No exploration work was done in this property during the first semester
of 2008. Other priorities took precedent.

6.  Joint Venture Properties:

In addition to the JV with Dominion Minerals at Chorcha, Bellhaven has
signed two additional JV Agreements.

a.  Los Hatillos/Higui Concession:
  During the first semester of 2008, Golden Cross Resources Ltd,
carried
  out an IP Survey and a 1,033 meter and 8 Diamond drill program at the

  Los Hatillos Property. Details were announced in the news releases of

  May 13 and July 30, 2008 respectively.

b.  Viento Frio Concession:
  A 4 Km. IP survey covering the Viento Frio I prospect was completed
by
  Bellhaven over the property. The IP results were analyzed and an
  evaluation report was prepared. The IP results failed to confirm
  sufficient depth continuity to the gold mineralization that is
exposed
  at the surface. On June 10 ,2008 Bellhaven announced  the signing of
a
  Letter of Intent with Global Min Metal Holdings ("GMM") to option the

  Manganese potential of the Concession. GMM has started a field
program
  in order to explore and evaluate the Manganese mineralization in the
  property.


The goals for the next sixth months will be the following:

1.  Cerro Quema Gold Project:

a.  Complete the Pilot Plant Tests

b.  Complete construction of the Sediment Control Structure

c.  Complete the following tasks:
  - Design of the Continuous Vat Leach Plant
  - Mine Plan Layout
  - Mine Closure Plan
  - Pit Optimization and Reserve Estimate Update
  - Validate Capex and Opex
  - Updated Feasibility Study

d.  Continue with procurement and equipment acquisition

e.  Initiate and complete construction of the water diversion channels.


2.  Colombia Projects:

a.  Commence production at the Santa Maria Gold Mine and reach a
  production capacity of 1,000 onzs per month.
b.  Continue exploration, geologic mapping in the three properties in
the
  Bolivar Department. Look into the possibility of bringing JV partner
  for some of these properties. Expand our land position in the
southern
  Bolivar Department area.


3.  Cerro Chorcha:

a.  Complete the 43.101 complaint resource estimate based on the
results
  of last year's exploration results.

b.  Advance at a fast pace a US$7 million exploration program. This
  program will include a 10,000 mts Diamond drilling program.


4.  Pitaloza/Azuero Package:

Bellhaven has prepared a 1,000 mts, 8 drill hole program to test the
Au-Cu mineralization model generated from the IP survey. Bellhaven
intend to fund this program once funding becomes available, but we are
also interested in seeking third party participation in drilling the
three Pitaloza targets and exploring for Cu-Au mineralization in the
large Azuero property Package. The company has been approached by and
is in discussions with several groups/potential partners on this land
package.

5.  Rio Liri:

Bellhaven has prepared a 1,600 mts, 12 drill hole program to test the
near surface Au mineralization at the Pelado Prospect. Bellhaven intend
to drill this prospect once funds become available. This drill program
is expected to begin in Q1/2009.

6.  Joint Venture Properties:

a.  Los Hatillos/Higui Concession: GCR has confirmed that it will
continue
  exploration work during the second year of the agreement, and has
made
  the second option payment of US$50,000. The exploration program for
  the second semester of 2008 has yet to be defined by GCR.

b.  Viento Frio Concession: GMM has initiated an exploration program. A

  Definitive Agreement will be signed during this semester.


Recent Events:

This update reports on the objectives accomplished as of June 30, 2008.
 Since that time and up the date of this release.  Bellhaven has also:

1.  Completed successfully the trial run of the Continuos Vat Leach
Pilot
  Plant, SGS has commissioned the plant to start the test with the ore
  sample, which has been scheduled to start on August 8, 2008.

2.  Bellhaven has engaged Datamine - NA to perform an updated Pit
  Optimization study using current economic parameters.

3.  Bellhaven is now planning to start production at the Santa Maria
Mine
  in the second half of August, ahead of schedule which was planned for

  mid Q3/08.

4.  Bellhaven has engaged Cynthia Thomas of Conseil Advisory Services
Inc.
  to advise Bellhaven in analyzing financing alternatives for the Cerro

  Quema Gold Project.  Mrs. Thomas provides independent financial
  advisory and has extensive experience in the natural resource
  industry, a career spanning more than 25 years.

5.  Bellhaven has also engaged Mr. Garett Green as Communications
Advisor
  on a part time basis.  Mr. Green will receive a monthly fee of $1,845

  and an option package of 100,000 options.

6.  At the Board of Director held on July 31, 2008 the Board approved
  unanimously to elect Patrick Abraham to the Board of Director to fill

  the vacancy created by Larry Abraham's death. We welcome Patrick to
  the Board.


This news release has been prepared under the supervision of Michael D.
Druecker, PhD., P. Geo. who serves as the Qualified Person for this
project under National Instrument 43-101.

On behalf of the Board of Directors

Julio C. Benedetti
President & CEO
Int'l No: +507-226-3967

BELLHAVEN COPPER AND GOLD, INC.

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 has not reviewed and does not accept
responsibility for the adequacy or accuracy of the contents herein.

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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
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