October 17, 2007
Bellhaven Copper & Gold & Empire Minerals Intersect 319.9m of 0.46% Copper at the Cerro Chorcha Porphyry Copper Project in Panama.
PANAMA CITY, Oct. 17 /PRNewswire-FirstCall/ -- Bellhaven Copper & Gold, Inc. (TSX-Venture: BHV) ("Bellhaven" or the "Company") in conjunction with its joint venture partner Empire Minerals Corp. (OTC: EMPL) is pleased to report copper and silver results from the third completed diamond drill hole of an on-going nine hole drill program on the Cerro Chorcha porphyry copper project in the western highlands of Panama. Hole CH-07-03 was drilled to test the continuation of structurally-controlled quartz-magnetite-sulphide stockwork zones that have been observed on-surface and in the two previous drill holes. The stockwork zones typically host higher grade copper-gold-silver mineralization than what is observed within the much larger mineralized Chorcha porphyry system. To date eight drill holes have been completed. Highlights from Hole CH-07-03 include: | From/To 4 to 319.9 m 13 to 1047 ft including 122 to 154 m 400 to 505 ft 224 to 242 m 735 to 794 ft 286 to 319.9 m 938 to 1047 ft | Length 313.9 m 1030 ft 32 m 105 ft 18 m 59 ft 33.9 m 109 ft | Copper 0.46 % 0.82 % 1.04 % 0.62 % | Gold pending pending pending pending | Silver 1.1 g/t 2.2 g/t 2.1 g/t 1.3 g/t | Copper and silver values are by multi-acid digestion and ICP-MS analysis. Gold values by fire assay prep and ICP-MS finish are pending final laboratory results. Analyses were performed by ACME Labs in Vancouver. Hole CH-07-03 is a southeast directed -60 degree angle hole drilled from a site approximately 130 meters northeast of Holes CH-07-01 and CH-07-02. Hole CH-07-03 has encountered three (3) zones of quartz-magnetite-sulphide stockwork veins and breccias that host the higher grade copper-gold-silver 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 combined total thickness and grade of the three (3) stockwork zones in Hole CH-07-03 is 74 meters of 0.84 % copper. 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 directly at surface. The bulk of the mineralization in Hole CH-07-03 was associated with the phyllic altered quartz diorite to quartz monzodiorite porphyry that is widespread within the Cerro Chorcha porphyry complex. From previous drill efforts it is known that the mineralization may continue to a depth of over 500 meters. It is interesting to note that the final 33.9 meters of Hole CH- 07-03 averaged slightly higher grade (0.62% Copper). The on-going phase one drill program will serve to test the mineralization at Cerro Chorcha which has a known surface expression of over 1 kilometer in length and over 600meters in width. 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 EMPIRE MINERALS CORP. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.
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