Bellhaven Makes New Discovery at Filo De Oro, La Mina, Colombia; Trench Delivers 22 Meters @ 0.70 g/t Gold-Mineralized Zone Open at Both Ends; Bellhaven Bringing Second Drill Rig to La Minaadmin
Bellhaven Copper & Gold Inc. is pleased to announce that the first trench targeting the Filo de Oro prospect at La Mina, Colombia, delivered 0.70 g/t Au over 22 m. The mineralized zone is open at both ends (the last sample at the southern end of the trench assayed 1.37 g/t Au, and the last sample at the northern end yielded 0.63 g/t Au). Filo de Oro is a new discovery made by Bellhaven in 2011, located approximately 600 m to the north-northeast of the La Cantera prospect.
Bellhaven also wishes to announce that a second diamond drill rig will be arriving later this month at La Mina to facilitate the rapid advancement of its prospects. As of DDH-19, Bellhaven has drilled over 4,800 m at La Mina since drilling commenced in late July, 2010.
La Cantera is the principal porphyry gold-copper prospect at La Mina, Colombia. Five other prospects occur within one km of La Cantera and include the Middle Zone, El Limon, El Cafetal, La Virgen, Filo de Oro, and El Tanque. Most of the concession still remains unexplored. Bellhaven holds an option to earn 100% of the La Mina project (see press release dated May 17th, 2010).
For maps showing the location of Filo de Oro and the trench described above, as well as the individual assays comprising the 0.70 g/t composite assay, please use the following link: http://media3.marketwire.com/docs/bhv39.pdf.
Paul Zweng, Bellhaven’s Interim CEO and Director, commented as follows:
“The discovery at Filo de Oro by Bellhaven initially was made by geologists sampling a lone outcrop on a ridge not too distant from La Cantera. We will understand more fully the significance of this discovery when we drill at Filo de Oro later this year.”
“We are pleased to receive a second drill rig at La Mina at the end of the month. Putting a second rig to work will allow us to calculate more quickly a resource for La Cantera and to evaluate the other prospects near La Cantera.”
ALS Colombia Ltda. prepared the drill-core samples, producing the sample pulps in Bogota. The South American Central Lab of ALS Chemex in Lima, Peru, performed all assays pertaining to the drill-core samples highlighted in the text and table above. Gold was analyzed by fire assay on a 50-gram sample with an atomic-absorption finish. Copper was analyzed using four-acid digestion, ICP-AES. The Company maintains a QA-QC program regarding the preparation, shipping, and checking of all samples, including the use of certified standard reference materials, blanks, as well as field- and pulp duplicates.
This news release has been prepared under the supervision of Mr. Thomas J. Drown, P.Geo., who serves as the qualified person as defined by National Instrument 43-101 responsible for ensuring that the geological information in this release is accurate.