Bellhaven Copper & Gold Inc. ("Bellhaven or the Company") and Dominion Minerals Corp. ("Dominion") Announce Major Resource Increase for Cerro Chorcha

    SIGNIFICANTLY ENLARGED OVERALL RESOURCE

    - New NI 43-101 resource estimate following highly successful 2007/'08
    drilling campaign

    - Resource category upgraded to Indicated for 60% of mineralization

    - Indicated mineral resource of 117.4 million tonnes, grading 0.51%
copper,
    0.07 g/t gold and 1.7 g/t silver, and an additional Inferred mineral
    resource of 84.5 million tonnes, grading 0.46% copper, 0.07 g/t gold and
    1.9 g/t silver, using a 0.2% Cu cut-off grade

    - Total in-situ copper of 2.17 billion lbs - 52% increase from previous
    estimate

    - Total in-situ gold of 449,000 oz - 75% increase from previous estimate

    - Presence of silver mineralization confirmed and quantified

    - Resource continues to be open-ended both at depth and extremities

    HIGH GRADE ZONE CONFIRMED AND QUANTIFIED

    - Large area of high-grade copper-gold-silver mineralization in central
    portion of Cerro Chorcha confirmed

    - High-grade zone has an Indicated mineral resource of 24.1 million
tonnes,
    grading 0.97% copper, 0.16g/t gold and 3.1 g/t silver, and an additional
    Inferred mineral resource of 13.3 million tonnes, grading 0.86% copper,
    0.16g/t gold and 3.2 g/t silver, using a 0.65% Cu cut-off grade

    - Mineralization of high-grade zone is open at depth and in multiple
    directions

    - High-grade zone surrounded by a medium grade envelope, with copper
grades
    ranging from 0.4% to 0.6%

    OUTLOOK: 2008/'09 DRILLING CAMPAIGN

    - Drilling strategy for funded 2008/09 campaign determined and to commence
    imminently

    - Targeted drilling programme of over 10,000 meters to focus on high-grade
    zone

    PANAMA CITY, Panama, Sept. 4 /CNW/ -- Bellhaven Copper & Gold Inc.
(TSX-Venture: BHV) ("Bellhaven" or the "Company") and its JV partner Dominion
Minerals Corporation (Pink Sheets: DMNM) ("Dominion") are delighted to
announce today an update to the April 2006 NI 43-101 compliant technical
report and mineral resource estimate for the Cerro Chorcha porphyry copper
project in Panama.  Based on the new resource estimate, the Cerro Chorcha
project hosts a porphyry copper deposit with an Indicated mineral resources of
117.4 million tonnes grading 0.51% Cu, 0.07 g/t Au and 1.7 g/t Ag, and an
additional Inferred mineral resource of 84.5 million tonnes grading 0.46% Cu,
0.07 g/t Au and 1.9 g/t Ag, using a 0.2% Cu cut-off grade.  This represents an
increase in total in-situ copper to 2.17 billion lbs (52% increase from
previous estimates), and gold to 449,000 oz (75% increase from previous
estimates).  The presence of silver mineralization has been confirmed and
quantified for the first time as part of this NI 43-101 report.
    Importantly, the update NI 43-101 technical report also confirms the
presence of a large area hosting high-grade copper-gold-silver mineralization
in the central portion of Cerro Chorcha; please see below for additional
information regarding the high-grade zone.
    This follows the completion of the highly successful 2007/'08 drilling
program consisting of 11 holes for a total of 3,610 metres and the completion
of a high-precision 3D topographic survey which facilitated the resource
category upgrade.  The update NI 43-101 technical report was prepared by
Michael D. Druecker, Ph.D, P.Geo, an Independent Qualified Person for Damien
Consultants, Houston, Texas; the updated resource estimate was prepared by
Robert L. Sandefur, Senior Resource Analyst and Independent Qualified Person
for Chlumsky, Armbrust, and Meyer L.L.C., (CAM) of Denver, Colorado.

    High-grade zone

    The report confirms the presence of an area with high-grade
copper-gold-silver mineralization within the central portion of the property.
This high-grade zone has an Indicated mineral resource of 24.1 million tonnes,
grading 0.97% copper, 0.16g/t gold and 3.1 g/t silver, and an additional
Inferred mineral resource of 13.3 million tonnes, grading 0.86% copper,
0.16g/t gold and 3.2 g/t silver, using a 0.65% copper cut-off grade.  The
mineralisation remains open at depth and in multiple directions, and all holes
drilled to date appear to indicate potential for the significant extension of
the high-grade mineralized zone. This will be investigated further in the
2008/09 drilling campaign comprising 26 holes over a total of more than 10,000
meters, which shall include a deep drilling campaign consisting of 13 holes
totalling c. 6,550 meters (see below for further detail).
    The report further confirms that, at Cerro Chorcha, gold grades can be
significant and tend to correlate well with high-grade copper mineralization.
Gold values were consistently assayed for in all drill holes.  Previous trench
results returned average grades of 0.66 g/t Gold and 9.72 g/t Silver over a
trench length of 585 meters. Considering the meaningful intersects encountered
at several holes drilled to date (previously announced in detail), the Company
and Dominion expect copper and gold grades to increase as the high-grade zone
is explored at further depth.

    New NI 43-101 compliant resource estimates

    Table 1: New mineral resource estimate (0.2% Cu Cut-off)

                 Tonnes (million)      Cu (%)         Au (g/t)       Ag (g/t)
    Indicated       117.4            0.51             0.07           1.72
                                  1.31 Blbs Cu    266,000 oz Au   6.50 Moz Ag
    Inferred         84.5            0.46             0.07           1.87
                                  0.86 Blbs Cu    183,000 oz Au   5.08 Moz Ag

    Table 2 - New mineral resource estimate (0.65% Cu Cut-off)

                 Tonnes (million)    Cu (%)         Au (g/t)       Ag (g/t)
    Indicated        24.1            0.97             0.16           3.06
                                  0.52 Blbs Cu    121,000 oz Au   2.37 Moz Ag
    Inferred         13.3            0.86             0.16           3.21
                                  0.25 Blbs Cu     68,000 oz Au   1.37 Moz Ag

    This new mineral resource estimate was prepared by CAM utilizing an
inverse distance squared block model based on assay results from 46 drill
holes (10,646 meters) and includes all pertinent data through June 2008.

    Julio Benedetti, President and CEO of Bellhaven commented as follows:

    "These results are very encouraging and confirm the effectiveness of the
2007/08 drilling program having substantially increased the mineral resources
while also confirming our expectations of the near surface high grade zone. We
look forward to the initiation of the 2008/09 drill program, which is
scheduled to start this month."

    Pini Althaus, Chairman and CEO of Dominion Minerals commented as follows:

    "We are delighted to announce that our focussed 2007/08 drilling campaign
delivered these substantial increases in tonnage and grade as well as the
resource category upgrade. In addition, we are particularly pleased to have
independent confirmation of the presence of a sizeable high-grade zone at the
core of our deposit. All this confirms the enormous potential of Cerro
Chorcha. We are confident that the substantially larger and imminent drilling
program, for which we already completed a successful US$10 million capital
raise recently, will continue to deliver on our expectations in terms of size,
quality and scale of this unique orebody, located in Panama, a country of
enormous resource wealth."

    Outlook: 2008/'09 drilling campaign and beyond

    Three principal objectives have been identified for the upcoming drilling
campaign 26 holes, over more than 10,000 meters):

    -- High grade zone - deep drilling: All holes drilled to date (vertical
       depth of 230 meters), appear to indicate potential for the significant
       extension of the high-grade zone at further depth as evidenced by
       mineralized structures observed in drill core and on cross sections.
       This potential will be further investigated in a deep drilling campaign
       (up to 600 meters depth) consisting of 13 holes totalling approximately
       6,550 meters in the high-grade zone.
    -- Step-out drilling: A "step-out" drill program of 9 holes totalling
       2,850 meters to provide additional continuity to the geological model
       and further expand and define the mineralization at Chorcha which
       remains open in almost every direction.
    -- New exploration targets: Based on geological, geochemical and
       geophysical (aeromagnetic) data, several anomalous target areas within
       Cerro Chorcha remain untested adjacent to known mineralized areas.  The
       Company and Bellhaven wish to investigate this further over the coming
       months in a targeted drilling exercise of 4 holes, totalling 1,000
       meters.

    Bellhaven and Dominion expect the 2008/09 campaign to commence in
September 2008 and its results to be reflected in an updated resource
estimate, which is expected to be published in the first half of 2009,
following which a pre-feasibility study is expected to be published by the end
of 2009.
    The resource estimates summarized in this release will be filed as part
of an update technical report compliant with National Instrument 43-101, which
will be posted on SEDAR and on the websites of Dominion and Bellhaven within
45 days.
    Mineral resources do not have demonstrated economic viability and future
drilling and scoping, pre-feasibility and feasibility studies will determine
what portion of the indicated and inferred resources can be classified into a
mineable category.
    This news release has been prepared under the supervision of Michael D.
Druecker, Ph.D., P.Geo. who serves as the Qualified Person as defined by
National Instrument 43-101 responsible for ensuring that the geological
information in this release is accurate.

     For further information from Bellhaven please contact:

     Bellhaven Copper & Gold Inc.         PanAmerica Capital Group, Inc.
     Julio C. Benedetti, President & CEO  Patrick Abraham
     Tel: +507-226-3967                   Tel: +507-340-9500
     Email: benedettijulio@hotmail.com    Email: pabraham@panamerica-group.com

    Web Site: http://www.bellhavencg.com
    Forward-Looking Statement Disclaimer

    This press release includes certain statements that may be deemed
"forward-looking statements". All statements in this release, other than
statements of historical facts, that address continuing to Canada, exchange
listing application, additional financing, seeking and acquiring new projects
and gaining recognition are forward-looking statements. Factors that could
cause actual results to differ materially from those in forward-looking
statements include, but are not limited to, the market price of gold, general
economic conditions, market and business conditions, statements or information
with respect to known or unknown risks, uncertainties and other factors which
may cause the actual results, performance or achievements of the Company, or
industry results, to be materially different from any future results,
performance or achievements expressed or implied by such forward-looking
statements or information. Forward-looking statements or information are
subject to a variety of risks and uncertainties which could cause actual
events or results to differ from those reflected in the forward-looking
statements or information, including, without limitation, risks and
uncertainties relating to the Company's plans at its mineral properties, the
interpretation of drill results and the estimation of mineral resources and
reserves, the geology, grade and continuity of mineral deposits, the
possibility that future exploration, development or mining results will not be
consistent with the Company's expectations, metal recoveries, accidents,
equipment breakdowns, title matters, labor disputes or other unanticipated
difficulties with or interruptions in production and operations, the potential
for delays in exploration or development activities or the completion of
feasibility studies, the inherent uncertainty of production and cost estimates
and the potential for unexpected costs and expenses, commodity price
fluctuations, currency fluctuations, failure to obtain adequate financing on a
timely basis, the effect of hedging activities, including margin limits and
margin calls, regulatory restrictions, including environmental regulatory
restrictions and liability, the speculative nature of mineral exploration,
dilution, competition, loss of key employees.
    Investors are cautioned that any such statements are not guarantees of
future performance and that actual results or developments may differ
materially from those projected in the forward-looking statements. In
addition, the Company's business and operations are subject to the risks set
forth in the Company's most recent Form 10-KSB, Form 10-QSB and other SEC
filings which are available through EDGAR at http://www.sec.gov. These are
among the primary risks we foresee at the present time. The Company assumes no
obligation to update the forward-looking statements.
    The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of the contents herein.

For further information: Julio C. Benedetti, President & CEO of
Bellhaven Copper & Gold Inc., +507-226-3967, benedettijulio@hotmail.com, or
Patrick Abraham of PanAmerica Capital Group, Inc., +507-340-9500,
pabraham@panamerica-group.com, for Bellhaven Copper & Gold Inc. Web Site:
http://www.bellhavencg.com