Bell Copper Enters into Agreement with Castle Resources for Sale of 100%
Interest in the Granduc Copper Mine in Stewart, B.C.

TSX-V Symbol: BCU

VANCOUVER, Aug. 31 /CNW Telbec/ - Bell Copper Corporation ("Bell Copper" or the "Company") (TSX-V Symbol: BCU) announces that it has signed a binding letter agreement ("Letter Agreement") with Castle Resources ("Castle") to sell its 100% interest in the past producing Granduc Copper Mine located near Stewart, B.C.

The 100% sale of the Granduc Mine to Castle supersedes the previously announced option agreement between the Company and Castle (see press release dated July 19, 2010). Upon closing of the formal agreement to sell a 100% interest in the Granduc Property, the prior option agreement will be considered null and void. To complete the purchase of the Granduc, Castle agrees to pay to Bell Copper a further $2 million (for a total of $4.5 million) and issue a further 2,750,000 Castle common shares (for a total of 3.0 million common shares) on or before December 1, 2010.

About Bell Copper

Bell Copper is a public company with a focus on copper exploration, development and production in North America. The Company has an extensive portfolio of exploration and development projects located in some of North America's premier copper producing regions including Mexico, the Southwestern US and Northwestern British Columbia.

More information on Bell Copper: href="http://www.bellcopper.net/">www.bellcopper.net

On behalf of the Board of Directors of
Bell Copper Corporation

"Michael Werner"

Michael Werner, CEO & Director

"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."


SOURCE Bell Copper Corporation

For further information: For further information:

Bell Copper Corporation                              Renmark Financial Communications Inc.

 
Sarah Ducharme
Executive Assistant
Tel.: (604) 669-1484
info@bellcopper.net
www.bellcopper.net
 
Christine Stewart:
cstewart@renmarkfinancial.com
Jason Roy:
jroy@renmarkfinancial.com
Tel.: (514) 939-3989 or (416) 644-2020
www.renmarkfinancial.com

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