PANAMA CITY, Oct. 17 /CNW/ -- 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 Length Copper Gold Silver
4 to 319.9 m 313.9 m 0.46 % pending 1.1 g/t
13 to 1047 ft 1030 ft
122 to 154 m 32 m 0.82 % pending 2.2 g/t
400 to 505 ft 105 ft
224 to 242 m 18 m 1.04 % pending 2.1 g/t
735 to 794 ft 59 ft
286 to 319.9 m 33.9 m 0.62 % pending 1.3 g/t
938 to 1047 ft 109 ft
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
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.
For further information:
For further information: Corporate, Julio Benedetti, +1-507-226-3967; or
Investor Relations, Miguel Villahermosa, 1-866-599-5930 Web Site: