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bellhaven copper & gold inc (BHV) Details

Bellhaven Copper & Gold Inc., a natural resource company, engages in the discovery, acquisition, exploration, and development of gold and copper metal properties in Panama and Colombia. Its principal project is the La Mina porphyry gold-copper project in the Middle Cauca belt of Colombia. The company was formerly known as Bellhaven Ventures Inc. and changed its name to Bellhaven Copper & Gold Inc. in October 2006. Bellhaven Copper & Gold Inc. was incorporated in 1980 and is headquartered in Vancouver, Canada.

Founded in 1980

bellhaven copper & gold inc (BHV) Top Compensated Officers

President, Chief Financial Officer and Direct...
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Co-founder and Chairman
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Special Advisor
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Total Annual Compensation: --
Compensation as of Fiscal Year 2013.

bellhaven copper & gold inc (BHV) Key Developments

Bellhaven Copper & Gold Inc. Announces Management Changes

Bellhaven Copper & Gold Inc. announced that Mr. Patrick Abraham, a director of the company, has been appointed as Chief Executive Officer of the company, replacing Mr. Julio Benedetti, who will remain as Chairman. Alfredo Burgos has also resigned as a director.

Bellhaven Receives Favourable Preliminary Economic Assessment for its 100%-Controlled La Mina Gold-(Copper, Silver) Project, Colombia

Bellhaven Copper & Gold Inc. announced the results of the preliminary economic assessment study for its wholly-controlled La Mina gold-(copper, silver) project (‘La Mina’, the ‘La Mina Project’, or the ‘Project’) located in the Department of Antioquia, Colombia. The company's project is the 100%-controlled La Mina porphyry gold-(copper) porphyry deposit in the Middle Cauca belt of Colombia. Bellhaven holds an option to acquire a 100% interest in La Mina. The La Mina resource contains 1.6 Moz gold and 419 million pounds of copper (or 2.55 Moz gold equivalent) contained in sulphide at two prospects, La Cantera and Middle Zone, located within 0.5 km of each other. The average grade of 1.0 g/t gold equivalent makes La Mina one of the high grade gold-(copper, silver) porphyry deposits in the Americas. The company is currently working to advance and to grow these resources through mine development and exploration. One of the exploration prospects located within one km of the La Cantera/Middle Zone resource is La Garrucha where Bellhaven recently announced a 271-m long intercept averaging 1.03 g/t gold and 0.13% copper. Mine Plan /In-Pit Resources: The mine plan is based upon developing two open pits over La Mina's La Cantera and Middle Zone deposits that extract a total of 42.5 Mt of mill feed and 239.8 Mt of waste over an initial 9.7-year mine operating life based on a $1,200 gold price. Additional mineral resources remain within the two deposits. As well, there may be future resources at the exploration prospect called La Garrucha located 0.5 km away. Resource material from the La Cantera and the Middle Zone pits will be treated in a moderately-sized conventional concentrator to produce a commercial copper concentrate containing gold and silver. The concentrator will initially treat a nominal 12,500 mtpd of resource material supplied from the higher grade La Cantera pit to be followed by resource material received from the Middle zone pit. Mine-site operating costs are summarized in Table 6. The concentrate will be trucked from the La Mina mine site to Puerto Buenaventura or Cartagena. From these coastal locations in Colombia the concentrate will be shipped to smelters located either in Peru or Mexico.

Bellhaven Copper & Gold Inc. Completes Drill Hole LME-1106 at La Garrucha Porphyry Gold-(Copper) Prospect at La Mina, Colombia

Bellhaven Copper & Gold Inc. announced that LME-1106, the latest drill hole completed at the La Garrucha porphyry gold-(copper) prospect at La Mina, Colombia, delivered another 200-metres-plus intercept averaging over one gram per tonne (g/t) gold. Drill-holes LME-1104 and LME-1105 also delivered substantial intercepts. Highlights include: LME-1104: 71 m @ 1.02 g/t Au and 0.14% Cu (1.24 g/t gold equivalent), 107 m @ 0.56 g/t Au and 0.11% Cu (0.72 g/t gold equivalent); LME-1105: 145 m @ 0.51 g/t Au and 0.15% Cu (0.73 g/t gold equivalent); LME-1106: 271 m @ 1.03 g/t Au and 0.13% Cu (1.23 g/t gold equivalent). The three holes above were collared along Section L, approximately 50 m to the southeast of Section M where all but one of four drill holes produced long intervals containing over 1 g/t gold. The gold-(copper) zone on Section L starts at surface and extends downward for a minimum of 425 m (from 1950 m to 1525 m above sea level). LME-1104, -1105, and -1106 were drilled on Section L from there different platforms. Drill-hole LME-1104 cut three intercepts, with the primary intercept (71 m averaging 1.02 g/t Au, 0.14% Cu) hosted in the G4 porphyry, the most important host rock at La Garrucha. An additional intercept occurred higher up the hole in the hangingwall and another intercept over 100-m long was cut in the footwall. Drill-hole LME-1105 established that the gold-(copper) zone starts at surface, providing evidence for little stripping to be required should mining later commence at La Garrucha. The long, 271-m intercept averaging 1.02 g/t Au and 0.13% Cu of LME-1106 establishes strong continuity between the principal intercepts of the prior two holes. LME-1106 ended in mineralization as the final samples assayed above the 0.4 g/t gold equivalent cut-off grade. The zone therefore remains open at depth as well as along strike to the southeast and the northwest.


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