February 21, 2007
Bellhaven Copper & Gold Reports Additional Gold Mineralization From the Cerro Chorcha Porphyry Copper Deposit in Panama

Bellhaven Copper & Gold Inc. (TSX VENTURE:BHV) is pleased to report additional, strongly anomalous, gold results for surface trenches located over the center of the Cerro Chorcha porphyry copper deposit in the western highlands of Panama. The trenches returned a combined 218 meters at an average grade of 0.88 g/t gold. These results continue to validate the presence of precious metal mineralization at Cerro Chorcha in addition to previously-reported copper mineralization.

Continuous, two-meter channel samples were collected from two separate zones of structurally-controlled quartz-magnetite stockwork that hosts the high-grade copper-gold-silver mineralization at Cerro Chorcha. Channel sampling within the NE stockwork structure follows the copper-gold-silver mineralized zone for at least 100 meters along strike and 90 meters across strike. Channel sampling within the NS stockwork structure, located 20 meters west of the NE structure, follows the mineralized zone for at least 50 meters along strike and 35 meters across strike. Gold values were by a fire assay procedure (fire assay prep and ICP-MS finish) performed by ACME Labs in Vancouver. Copper and silver assay values from these trenches will be reported upon receipt of the assay results.

Trench                        Length        Fire assay gold  
----------------------------------------------------------- 
NE Stockwork Structure    154 meters            0.64 g/t Au  
-----------------------------------------------------------   
including                 94 meters            1.03 g/t Au  
----------------------------------------------------------- 
NS Stockwork Structure     64 meters            1.45 g/t Au 

Both surface trenches are located about 75 meters north of the previous stockwork channel sampling, as reported in the Bellhaven news release dated March 6, 2006, that returned a total of 61 meters at an average grade of 1.89% Cu, 1.44 g/t Au, and 23.28 g/t Ag.

Julio Benedetti, Bellhaven's President and CEO, had this to say:

"These results prove the existence of gold mineralization in these structures in the core area of the deposit, which in the past had been considered unmineralized. The first phase of the upcoming drilling program will test these structures at depth."

Michael Druecker, Ph.D., P.Geo., is the Independent Qualified Person as defined by National Instrument 43-101 responsible for ensuring that the geological information in this release is accurate. This press release has been prepared under the supervision of Michael Druecker, Ph.D., P.Geo., who serves as the qualified person for this project under National Instrument 43-101.

Bellhaven Copper and Gold Inc. is a Vancouver-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.

On behalf of the board of directors,
Julio C. Benedetti, President, CEO

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

Contact:
Julio Benedetti
Bellhaven Copper and Gold Inc.
Corporate Contact
(507) 226-3967

Miguel Villahermosa
Bellhaven Copper and Gold Inc.
Investor Relations Contact
Toll Free: 1-866-599-5930
Website: www.bellhavencg.com

View News Index