Bellhaven and Dominion Intersect 48 M of 1.09% Copper, .24 G/T Gold, and 3.6 G/T Silver Within a Much Larger Zone of Mineralization at the Cerro Chorcha Copper Project
Posted on: Wednesday, 5 December 2007, 09:00 CST
PANAMA CITY, Dec. 5 /PRNewswire/ -- Bellhaven Copper & Gold, Inc. (TSX-Venture: BHV) ("Bellhaven" or the "Company") in conjunction with its joint venture partner Dominion Minerals Corp. [formerly known as Empire Minerals Corp.] is pleased to report copper, gold and silver assay results from Holes CH-07-04 and CH-07-05 of its recently completed, 11 Hole diamond drill program at the Cerro Chorcha porphyry copper project in the western highlands of Panama.
Holes CH-07-04 and CH-07-05 were drilled to test the northward continuation of both copper mineralization and the structurally-controlled quartz-magnetite-sulphide stockwork zones that have been observed on-surface and in Holes CH-07-01, CH-07-02 and CH-07-03. These stockwork vein zones typically host higher grade copper-gold-silver mineralization than what is observed within the much larger mineralized Chorcha porphyry system. Holes CH-07-04 and CH-07-05 were collared toward the north-most known edge of the on-surface high-grade stockwork zone.
Highlights from Hole CH-07-04 include: From/To Length Copper Gold Silver 0 to 445.78 m 445.78 m 0.39 % 0.07 g/t 1.4 g/t 0 to 1463 ft 1463 ft including 12 to 318 m 306 m 0.48 % .08 g/t 1.7 g/t 39 to 1,043 ft 453 ft including 0 to 138 m 138 m 0.64 % 0.20 g/t 2.3 g/t 0 to 453 ft 453 ft including 20 to 68 m 48 m 1.01 % 0.28 g/t 2.6 g/t 66 to 223 ft 157 ft Highlights from Hole CH-07-05 include: From/To Length Copper Gold Silver 2 to 386.6 m 384.6 m 0.43 % 0.06 g/t 1.6 g/t 6.5 to 1268 ft 1262 ft including 2 to 302 m 300 m .49 % 0.07 g/t 1.72 g/t 6.5 to 990 ft 983.5 ft including 2 to 142 m 140 m 0.67 % 0.14 g/t 2.4 g/t 6.5 to 466 ft 459 ft including 24 to 72 m 48 m 1.09 % 0.24 g/t 3.6 g/t 79 to 236 ft 157 ft
Copper and silver values are by multi-acid digestion and ICP-MS analysis. Gold values by fire assay prep and ICP-MS finish. Analyses were performed by ACME Labs in Vancouver.
Julio Benedetti, Bellhaven's president and CEO, said this after receiving the results:
"We are very pleased at these results. These two holes have shown continuity of the copper mineralization at depth (400 meters) and also the continuity of a higher grade copper mineralization starting at surface to 150 meters and along strike."
Hole CH-07-04 is a northwest directed -60 degree angle hole drilled from a site approximately 130 meters north-northeast of Hole CH-07-01. Hole CH-07-05 is a northwest directed -60 degree angle hole drilled from a site approximately 130 meters northeast of Hole CH-07-04 and extends the high grade mineralized zone to a minimum of 260 meters along strike. Holes CH-07-04 and CH-07-05 have both encountered a nearly 50 meter wide zone of quartz-magnetite-sulphide stockwork veins and breccias that host the higher grade (>1% copper and >0.25 g/t gold) mineralization. These stockwork zones are similar to the style of mineralization in Holes CH-07-01 and CH-07-02, but differ in vein density and alteration intensity. The true thicknesses of the mineralized stockwork zones remain unknown as they are in a porphyry/stockwork environment.
The copper mineralization at Chorcha is commonly found at the surface, and is known from previous and present drill results to extend to depths of at least 500 meters. The bulk of the mineralization in Holes CH-07-04 and CH-07-05 is associated with quartz-magnetite stockwork veins that are hosted by phyllic altered quartz diorite/monzodiorite porphyry that crops out over large areas within the Cerro Chorcha porphyry complex. Holes CH-07-04 and CH-07-05, as well as all previous assayed Holes, have bottomed in porphyry-style copper mineralization.
This news release has been prepared under the supervision of Michael D. Druecker, Ph.D., P.Geo. who serves as the Qualified Person for this project under National Instrument 43-101. Sample protocol used at the project includes standards, duplicates and blanks for each sample shipment. A map and section showing the location of all drill holes is available at the company's website at http://www.bellhaven-ventures.com/.
Bellhaven Copper & Gold Inc. is a Panama-based mineral exploration company with a portfolio of gold and copper properties in the Republic of Panama. The company has issued 20,793,151 shares and has no debt. For more information, please visit the web site at http://www.bellhavencg.com/ or call Miguel Villahermosa at toll free 1-866-599-5930. On behalf of the board of directors,
Julio C. Benedetti, President, CEO BELLHAVEN COPPER AND GOLD, INC. Pini Althaus, President, CEO DOMINION MINERALS CORP.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.
Bellhaven Copper & Gold, Inc.
CONTACT: Corporate, Julio Benedetti, +1-507-226-3967; or investors,Miguel Villahermosa, 1-866-599-5930, both of Bellhaven Copper & Gold, Inc.
Web site: http://www.bellhavencg.com/
Source: PRNewswire
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