Panama City, Panamá -- November 8, 2007. Bellhaven Copper & Gold, Inc. (TSX-Venture: BHV) ("Bellhaven" or the "Company") in conjunctio
n with its joint venture partner Empire Minerals Corp. (OTC:EMPL)
, is pleased to report the expansion of its Phase 1 drill program at the Cerro Chorcha Copper Project in the Western Highlands of Panama. Due to the ongoing success of the current drill program management has determined that an additional hole (for a total of eleven holes/appr
ox. 3,600 meters) will be required to expand the boundaries of the high-grade gold, copper, and silver mineraliza
tion which has already been discovered in multiple quartz-mag
netite stockwork zones beginning at surface and extending to an undetermin
ed depth.
The ongoing objective of the Phase 1 drill program is to test copper-gol
d-silver mineraliza
tion associated with structural
ly-control
led quartz-mag
netite stock-work within the larger main porphyry copper system. Additional
ly, the drill program is examining the extent of the mineraliza
tion, particular
ly in areas untested by previous operators. The recently released data on holes CH-07-01, CH-07-02, and CH-07-03 has provided evidence to support the existence of deep, higher grade mineraliza
tion below the known areas of copper-gol
d mineraliza
tion at surface. The known surface expression of copper mineraliza
tion (> 0.1% Cu) at Cerro Chorcha is over 1400 meters in length and over 600 meters in width and remains open in all directions and at depth.
To date, Bellhaven and Empire have completed all 10 of the originally planned dill holes at its Chorcha property. Currently, holes CH-07-04 through CH-07-09 are at analytical laboratori
es pending completion of assay results. In an effort to expedite the turnaround time for drill core assay results, management has retained, in addition to Acme labs of Canada, the services of an additional ISO certified laboratory (SGS Labs) in Peru.
The following chart shows the final depths the Phase 1 drill holes:
CH-07-01 240.00 meters CH-07-02 241.00 meters CH-07-03 320.00 meters CH-07-04 445.78 meters CH-07-05 386.60 meters CH-07-06 350.00 meters CH-07-07 305.90 meters CH-07-08 270.00 meters CH-07-09 295.00 meters CH-07-10 422.00 meters
The holes that have been drilled thus far can be classified as "infi
ll" or "infi
ll with depth extension step out." The first 200 meters of holes CH-07-04 and CH-07-05 test, as infill, the mineralize
d zone defined by previous drill holes. The remaining meters (245.78 m in hole CH-07-04, and 186.6 m in hole CH-07-05), at depth, step out into previously untested areas along section to the northwest. This is also true of holes CH-07-09 (95 m of step out), CH-07-10 and CH-07-11 that infill the area in and along strike of Previous drill holes G95-19 and G95-21, but test to the northwest and at depth (step out) areas with no previous drill holes. The remaining holes can be classified as infill, with holes CH-07-02 (Highlight
s of hole 2 included 124.9 m of 1.32% Cu, 0.15 g/t Au, and 4.8 g/t Ag) and CH-07-06 filling in significan
t areas which were previously untested.
The objective of the last 3 holes (CH-07-09 to 11) located in the southweste
rn extension of high grade copper mineraliza
tion, are two-fold. Hole CH-07-09 was sited to test, as an infill, the mineraliza
tion encountere
d in previous drill holes G95-21 and G95-19. Holes CH-07-9 and CH-07-10 were sited to test, as an infill/ste
p out, this same mineraliza
tion along strike to the northeast (CH-07-10) and southwest (CH-07-11)
. Holes 21 and 19 occur approximat
ely 400m west of our reported CH-07-01 and CH-07-02.
Upon completion of the current drill program management will review the geologic data and begin preparing an updated NI 43-101 compliant resource calculatio
n as well as phase 2 drill targets (program to begin in Q1 2008).
This news release has been prepared under the supervisio
n of Michael D. Druecker, Ph.D., P.Geo. who serves as the Qualified Person for this project under National Instrument 43-101.
Bellhaven Copper & Gold Inc. is a Panama-bas
ed mineral exploratio
n company with a portfolio of gold and copper properties in the Republic of Panama. The company has issued 23,583,101 shares and has no debt. For more informatio
n, please visit the web site at www.bellha
vencg.com or call Miguel Villahermo
sa 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, Chairman & CEO
EMPIRE MINERALS CORP.
Corporate Contact:Julio Benedetti
Tel: +011 (507) 226.3967
Investor Relations Contact:Miguel Villahermo
sa
Toll Free: 1.866.599.
5930
The TSX Venture Exchange has not reviewed and does not accept responsibi
lity for the adequacy or accuracy of this news release. Additional
ly, this document may contain certain forward-lo
oking statements which involve known and unknown risks, delays, and uncertaint
ies not under the Company's control which may cause actual results, performanc
e or achievemen
ts of the Company to be materially different from the results, performanc
e or achievemen
ts implied by these forward looking statements
.