PANAMA CITY, April 26 /CNW/ -- Bellhaven Copper & Gold Inc. (TSX-Venture:
BHV) is pleased to report on behalf of itself and Joint Venture partner Empire
Minerals Corp. (OTC Bulletin Board: EMPL), assay results for gold, copper and
silver from surface trenches located over the center of the Cerro Chorcha
porphyry copper deposit in the western highlands of Panama. These results
provide a complete update on the partial results reported previously by
The combined trench results to date now return a total of 585 meters at
an average grade of 0.66 g/t gold, 0.50 % copper, and 9.72 ppm silver. These
results continue to validate the presence of precious metal mineralization at
Cerro Chorcha in addition to previously-reported copper mineralization.
Julio Benedetti, Bellhaven's President and CEO, had this to say of the
"We are very pleased with these results which seem to indicate the
validity of our model and subsequent approach. We are anxious to test these
structures at depth, and are very enthusiastic about the prospects. The
presence of precious metals mineralization at Cerro Chorcha, if confirmed at
depth, will have a drastically positive affect on the over-all economics of
Two-meter chip-channel samples were collected from two separate
structurally controlled zones of copper-gold-silver bearing quartz-magnetite
stockwork that occur within the central area of the larger mineralized body at
Cerro Chorcha. The surface expression of these mineralized stockwork zones
were unrecognized previous to Bellhaven's efforts.
Four trenches, TNE1, TNE2, TNE3 and TNE4 have now been excavated and
sampled to test the northeast-southwest striking stockwork zone. The trench
exposures follow the mineralized stockwork structures for at least 250 meters
along strike and 100 meters across strike. In relation to central trenches
TNE1, TNE2 is located about 50 meters to the south, TNE3 is located about 50
meters to the north, and TNE4 is located about 150 meters to the east of TNE1.
Three trenches, TNS1, TNS2 and TNS3 serve to expose the north-south
striking mineralized zone for at least 250 meters along strike and 75 meters
across strike. TNS1 was the first trench to expose this structure. TNS2 is
located 100 meters to the south of TNS1. TNS3 is located 100 meters to the
north of TNS1.
A map of the trenches is available on Bellhaven's web site.
Lower copper grades along some intervals may reflect near surface
leaching of copper mineralization within breccia zones in stockwork
structures. 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.
Trench Length Gold Copper Silver
TNE1 166 m 0.63 g/t 0.56 % 6.61 ppm
including 64 m 1.15 g/t 1.06 % 10.77 ppm
TNE2 60 m 0.48 g/t 0.27 % 16.61 ppm
TNE3 22 m 1.12 g/t 0.37 % 18.31 ppm
TNE4 22 m 0.54 g/t 0.19 % 3.53 ppm
TNS1 86 m 1.15 g/t 0.23 % 11.0 ppm
TNS2 54 m 0.41 g/t 0.40 % 10.65 ppm
including 20 m 1.52 g/t 0.57 % 14.5 ppm
TNS3 8 m 0.48 g/t 0.21 % 4.58 ppm
Michael D. Druecker, Ph.D., P.Geo. is the Independent Qualified Person as
defined by National Instrument 43-101 responsible for ensuring that the
geological information in this release is accurate.
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.
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 Contact, Julio Benedetti,
+1-507-226-3967, or Investor Relations, Miguel Villahermosa, 1-866-599-5930,
both of Bellhaven Copper & Gold Inc. Web Site: http://www.bellhavencg.com