Bellhaven Copper & Gold Inc.
TSX VENTURE : BHV

Bellhaven Copper & Gold Inc.
Empire Minerals Corp.
OTC Bulletin Board : EMPL

August 14, 2007 09:31 ET

Bellhaven Copper & Gold & Empire Minerals Intersect 124.9 Meters of 1.32% Copper, 0.15 g/t Gold, and 4.8 g/t Silver at the Cerro Chorcha Porphyry Copper Project in Panama

PANAMA CITY, PANAMA--(Marketwire - Aug. 14, 2007) - Bellhaven Copper & Gold, Inc. (TSX Venture:BHV) ("Bellhaven" or the "Company") in conjunction with its joint venture partner Empire Minerals Corp. (OTC Bulletin Board:EMPL) is pleased to report copper, gold, and silver results from the second completed diamond drill hole of an on-going 3300 meter drill program on the Cerro Chorcha porphyry copper project in the western highlands of Panama.

Hole CH-07-02 was drilled to test a structurally-controlled quartz-magnetite-sulphide stockwork zone that hosts higher grade copper-gold-silver mineralization than what is observed within the larger mineralized Chorcha porphyry system. To date four drill holes have been completed.



Highlights from Hole CH-07-02 include:

From/To Length Copper Gold Silver
---------------- -------- ------ -------- -------

5.1 to 246 m 240.9 m 0.81% 0.08 g/t 2.9 g/t
16.7 to 807 ft 790.4 ft

including
5.1 to 130m 124.9 m 1.32% 0.15 g/t 4.8 g/t
16.7 to 426.5 ft 409.8 ft


Gold values are by fire assay prep and ICP-MS finish, and copper and silver values by multi-acid digestion and ICP-MS analysis. Analyses were performed by ACME Labs in Vancouver.

Hole CH-07-02 is a southeast directed -60 degree angle hole drilled from the same site as Hole CH-07-01 (northwest directed, -60 degree angle hole). Hole CH-07-02 has encountered an extensive quartz-magnetite-sulphide stockwork of veins and breccias that host the higher grade copper-gold-silver mineralization. This stockwork zone is similar to the style of mineralization in Hole CH-07-01, but differs in vein density, alteration intensity and the ratio of chalcopyrite to bornite. The apparent thickness of the stockwork zone in Hole CH-07-02 is about 65 meters. The stockwork zone in Hole CH-07-01 has an apparent thickness of 57 meters. The true thicknesses of the mineralized stockwork zones remain unknown as they are in a porphyry/stockwork environment.

The zone of higher grade copper-gold-silver mineralization in Hole CH-07-02 is associated with stockwork veins, breccias and disseminations hosted in a quartz diorite to quartz monzodiorite porphyry within the Cerro Chorcha porphyry intrusive complex. The quartz-magnetite-sulphide stockwork zones appear to be a late, structurally-controlled mineralizing event within the porphyry center. Strong silicification and sericite-chlorite-magnetite alteration are closely associated with quartz-magnetite-sulphide stockwork veining with copper sulphide (chalcopyrite and bornite) mineralization. Supergene mineralization (chalcocite and native copper) occurs within several meters of the surface and along fault zones at depth.

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 600 meters in width.

This news release has been prepared under the supervision of Michael D. Druecker, Ph.D., P.Geo. who serves as the Independent 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 www.bellhavencg.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 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.

Contact Information

  • Bellhaven Copper & Gold, Inc.
    Julio Benedetti
    Corporate Contact
    +011(507) 226.3967
    or
    Bellhaven Copper & Gold, Inc.
    Miguel Villahermosa
    Investor Relations Contact
    Toll Free: 1-866-599-5930
    Website: www.bellhavencg.com