Standard & Poor's Initiates Factual Stock Report Coverage on Bellhaven Copper & Gold, Inc.
Posted on: Tuesday, 9 October 2007, 12:00 CDT
Standard & Poor's announced today that it has commenced Factual Stock Report coverage on Bellhaven Copper & Gold, Inc.
Bellhaven Copper & Gold, Inc. (TSX:BHV) is an exploration stage company that engages in the acquisition, exploration, and development of mineral properties, primarily gold and copper in the Republic of Panama. It holds interests in the Rio Liri concession in the Veraguas province; and the Azuero project consisting of the Pitaloza concession and the Juncal, San Sebastian, and Santa Clara concession applications in the Herrera and Los Santos Provinces. The company also holds interests in the Viento Frio Project and the Veraguas Project covering San Pedrito and Los Hatillos concessions, and the Calobre concession application in the Veraguas Province. In addition, it has applied for a Consession Covering the Cerro Caballo and the Cerro Loro gold prospects in the Veraguas and Chiriqui Provinces of western Panama.
Cerro Chorcha is a porphyry copper prospect located in the western cordillera of Panama, roughly 40 kilometers west of the world-class Cerro Colorado porphyry copper deposit. Cerro Chorcha contains an inferred resource (NI 43-101 compliant category) of 1.4 billion lbs. of copper and 255,000 ounces of gold. Trenching samples have returned additional mineralization at an average of 0.66 g/t gold over 585 meters.
Hydrothermal alteration and copper mineralization at Cerro Chorcha covers no less than 2.5 square kilometers and consists of pervasive silicification, phyllic alteration, quartz stockwork veining, and local potassic alteration (secondary biotite). Copper mineralization (chalcopyrite and bornite) is associated with abundant magnetite (2% to 4% in phyllic altered rock, 10% to 15% in quartz stockworks) and lesser pyrite.
This report will also be accessible on an ongoing basis to the investment community ---- scores of buy-side institutions and sell-side firms that utilize S&P research and information platforms daily. Millions of self-directed investors also have access to the report via their e-brokerage accounts.
About Standard & Poor's Factual Stock Reports
This Standard & Poor's service provides factual research coverage enabling information about Bellhaven Copper & Gold, Inc. and other securities to reach a wide investor audience of Buy and Sell-side investors, helping them understand a company's fundamentals and business prospects. Currently profiling over 1,000 issuers, S&P Factual Stock Reports increase market awareness for issuers in the investment community with insightful commentary and key statistics/information. Updated weekly with the latest pricing, trading volume, and other data, the reports include recent developments, a financial review, key operating information, Industry and peer comparisons, institutional holdings analysis, Street Consensus and opinions, performance charts, business summary, fundamental data, and news. Because coverage of these reports is sponsored by the issuer, S&P does not offer investment opinions concerning the advisability of investing in these stocks.
Standard & Poor's Factual Stock Reports are produced separately from any other analytic activity of Standard & Poor's. Standard & Poor's Factual Report research has no access to non-public information received by other units of Standard & Poor's. Standard & Poor's does not trade on its own account.
Note: All U.S. and Canadian Companies listed on a National Exchange (not covered by S&P's STARS research) are eligible to obtain this coverage.
About Standard & Poor's
Standard & Poor's, a division of The McGraw-Hill Companies (NYSE: MHP), is the world's foremost provider of financial market intelligence, including independent credit ratings, indices, risk evaluation, investment research and data. With approximately 7,500 employees, including wholly owned affiliates, located in 21 countries, Standard & Poor's is an essential part of the world's financial infrastructure and has played a leading role for more than 140 years in providing investors with the independent benchmarks they need to feel more confident about their investment and financial decisions. For more information, visit http://www.standardandpoors.com.
Source: Business Wire
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