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Ganz frisch...von heut morgen! Die Aktien wird hauptsächlich in Kanada gehandelt! Mehr Infos findet Ihr unter http://www.bellhavencg.com
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Bellhaven Drills 1 g/t Au and 0.36% Cu (1.6 g/t AuEq) Over 126 Meters at the La Mina Porphyry Gold-(Copper) Project, Colombia
12/13/2010 2:00:01 AM - Market Wire
Second intercept (further down-hole) of 45 m @ 0.95 g/t Au & 0.44% Cu (1.7 g/t AuEq)
PANAMA, REPUBLIC OF PANAMA, Dec 13, 2010 (Marketwire via COMTEX News Network) --
Bellhaven Copper & Gold Inc. (TSX VENTURE:BHV) ("Bellhaven" or the "Company") is pleased to announce its most recent drill hole (DDH-14), targeting the La Cantera prospect, cut two substantial intervals of porphyry and breccia containing high levels of gold and copper.
This hole was designed to test the down-dip extension of the relatively low-grade gold-copper intercept (54 m @ 0.42 g/t Au, 0.21% Cu, 0.70 g/t AuEq) contained in DDH-04 drilled by prior workers in 2006. The Bellhaven hole was successful in cutting this down-dip extension but found twice the grade over a similar width (45 m @ 0.95 g/t Au, 0.44% Cu, 1.71 g/t AuEq). More importantly, the Bellhaven hole also yielded well over a 100 m of highly mineralized porphyry and breccia higher in the hole (126 m @ 1.02 g/t Au, 0.36% Cu, 1.64 g/t AuEq).
La Cantera is one of three porphyry prospects at La Mina. The other two prospects include the Middle Zone and El Limon, located approximately 0.5 and 1 km to the north, respectively. Most of the concession still remains unexplored. Bellhaven holds an option to earn 100% of the La Mina project (see press releases dated May 17, July 27, September 9, October 12, November 2 and 17, 2010).
For maps showing the location of the drill hole, as well as a geologic cross section highlighting the gold-copper intercepts, please use the following link: http://media3.marketwire.com/docs/1213bhv.pdf
Paul Zweng, Bellhaven's Interim CEO and Director, commented as follows:
"The La Cantera prospect at La Mina continues to deliver substantial grade and thickness with each hole. Our most recent hole is an improvement over the prior hole drilled in this one specific area in 2006. The second intercept of our hole extended the vertical dimension of that one zone by 150 m, adding size and tonnage. The principal intercept, containing over 100 m of 1 g/t Au and 0.36% Cu, occurs only 70-80 m below the surface and the zone likely extends upwards to the surface. These thick intercepts are compatible with a deposit amenable to a large-scale, open-pit mining scenario."
"We are continuing to drill at La Cantera and look forward to reporting additional drill results from both La Cantera and the Middle Zone in the months ahead."
Discussion of the Drill-Hole Results
Bellhaven initiated its maiden drilling program at its La Mina project last summer (see press release dated July 27, 2010). Three holes collared at the La Cantera prospect were reported in the September 9th press release. The first four holes drilled at the second prospect, the Middle Zone, were highlighted in the October 12th, November 2nd and 17th press releases. This press release discusses the eighth drill hole of the program, DDH-14, collared at La Cantera. Data related to the drill holes are presented in Tables 1 and 2.
Drill-hole DDH-14 was designed to test the down-dip extension of the 54-m long intercept found in DDH-04 drilled in 2006. Starting at a down-hole depth of 100 m, the hole cut 146 m of mineralized porphyry and breccia averaging 0.93 g/t Au and 0.33% Cu (1.51 g/t AuEq) based on a 0.40 AuEq cut-off grade. Within this zone occurs the 126-m long zone containing 1.02 g/t Au and 0.36% Cu (1.64 g/t AuEq) reported above. The mineralized interval was truncated by a late (post-mineral) porphyry stock. Further down hole, DDH-14 cut the La Cantera diorite porphyry and a series of breccia bodies. These rocks form a 62-m intercept containing 0.75 g/t Au and 0.38% Cu (1.40 g/t AuEq) based on a 0.40 g/t AuEq cut-off grade. Contained within this zone is the 45-m zone averaging 0.95 g/t Au and 0.44% Cu (1.71 g/t AuEq) reported above. This zone represents the downward extension of the 54-m zone cut in DDH-04 in 2006. The vertical distance between the two intercepts is approximately 150 m. Significantly, the downward extension is approximately twice the grade over similar widths. The true width of the intercepts is approximately 64% of the reported intercept length. Both zones remain open to depth. Currently Bellhaven is drilling DDH-15 to test the downward extension of these zones.
Table 1. Drill-Hole Data, La Mina Porphyry Au-(Cu) Project, Colombia. -------------------------------------------------- East UTM North UTM Total Coord Coord Elevation Azimuth Plunge Length Hole Number (meters) (meters) (m.a.s.l) (degrees) (degrees) (meters) -------------------------------------------------- LM-DDH-07 419,078.20 654,460.37 1,730.2 180 -60 124.70 -------------------------------------------------- LM-DDH-08 419,105.63 654,601.58 1,753.4 180 -60 297.18 -------------------------------------------------- LM-DDH-09 419,101.00 654,750.00 1,781.6 180 -60 432.81 -------------------------------------------------- LM-DDH-10 418,985.00 655,150.00 1,940.7 180 -60 175.86 -------------------------------------------------- LM-DDH-11 418,995.00 654,950.00 1,819.0 1.7 -62 541.19 -------------------------------------------------- LM-DDH-12 419,000.00 655,100.00 1,908.3 48.2 -61 493.78 -------------------------------------------------- LM-DDH-13 419,097.00 655,197.00 1,929.2 45 -60 335.28 -------------------------------------------------- LM-DDH-14 418,975.00 654,680.00 1,804 135 -50 511.74 -------------------------------------------------- m.a.s.l = meters above sea level; Coord = Coordinate Table 2. Drill-Hole Results for the La Mina Porphyry Au-(Cu) Project, Colombia. -------------------------------------------------- From To Intercept Au Cu AuEq Hole Number (m) (m) (m) (g/t) (%) (g/t) Prospect -------------------------------------------------- 2010 Drill Results by Bellhaven Copper & Gold -------------------------------------------------- LM-DDH-07 7.62 27.91 20.29 0.74 0.40 1.43 La Cantera -------------------------------------------------- LM-DDH-08 0.70 88.00 87.30 1.07 0.30 1.59 La Cantera -------------------------------------------------- and 197.05 269.72 72.67 0.88 0.39 1.55 La Cantera -------------------------------------------------- including 199.05 239.05 40.00 1.43 0.55 2.37 La Cantera -------------------------------------------------- LM-DDH-09 194.75 337.19 142.44 0.70 0.29 1.20 La Cantera -------------------------------------------------- including 216.75 307.80 91.05 0.93 0.38 1.58 La Cantera -------------------------------------------------- DDH-09 lost at 432.81 m before reaching second target -------------------------------------------------- LM-DDH-10 91.44 154.00 62.56 0.47 0.09 0.62 Middle Zone -------------------------------------------------- including 132.00 150.00 18.00 0.70 0.10 0.87 Middle Zone -------------------------------------------------- DDH-10 lost at 175.86 m before reaching target -------------------------------------------------- LM-DDH-11 235.00 247.52 12.52 0.27 0.08 0.42 Middle Zone -------------------------------------------------- 289.00 472.00 183.00 0.20 0.12 0.41 Middle Zone -------------------------------------------------- including 343.00 418.00 75.00 0.24 0.18 0.55 Middle Zone -------------------------------------------------- LM-DDH-12 160.00 188.00 28.00 0.30 0.18 0.61 Middle Zone -------------------------------------------------- 326.00 420.00 94.00 0.76 0.39 1.42 Middle Zone -------------------------------------------------- including 326.00 368.00 42.00 0.88 0.44 1.64 Middle Zone -------------------------------------------------- LM-DDH-13 1.52 78.35 76.83 0.70 0.27 1.16 Middle Zone -------------------------------------------------- New Results Reported in this Press Release -------------------------------------------------- LM-DDH-014 100.00 246.00 146.00 0.93 0.33 1.51 La Cantera -------------------------------------------------- including 100.00 226.00 126.00 1.02 0.36 1.64 La Cantera -------------------------------------------------- and 392.00 454.00 62.00 0.75 0.38 1.40 La Cantera -------------------------------------------------- including 394.00 439.00 45.00 0.95 0.44 1.71 La Cantera -------------------------------------------------- Intercepts calculated using a 0.40 g/t AuEq cut-off grade. AuEq (g/t) = gold equivalent (g/t) AuEq (g/t) calculated assuming a long-term gold price of $900/oz and a long-term copper price of $2.25/lb. No adjustment has been made for metallurgical recoveries or net-smelter returns as these remain uncertain at this time. AuEq formula: AuEq g/t = Au g/t + ((Cu% x 22.0462 x 2.25)/(900/31.1035)) g/t Gold and copper grades capped at 5 g/t Au and 2% Cu, respectively. All drill holes are diamond-core holes.
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.
About the La Mina porphyry Au-(Cu) prospect
La Mina (also known as Venecia) lies within the Middle Cauca belt of Miocene-age volcano-plutonic rocks in central Colombia known to host large porphyry gold deposits such as La Colosa (12.9 Moz Au contained in 468 Mt @ 0.86 g/t Au; AngloGold Ashanti), Titiribi (3.7 Moz Au contained in 230 Mt @ 0.5 g/t Au; Sunward Resources), Quebradona (AngloGold Ashanti - B2Gold), Quinchia (Batero Gold), and Yarumalito (Colombian Mines), as well as large epithermal gold districts such as Marmato (7.5 Moz Au contained in 245 Mt @ 0.95 g/t Au; Medoro Resources).
In mid 2006, AngloGold Ashanti and Bema Gold drilled six holes into the La Mina porphyry (now called the La Cantera prospect), with Holes 2 and 5 yielding 90+ m intercepts of greater than 1 g/t Au and significant copper at shallow depths.
The most important host rocks observed in drill core include the Combia Formation intermediate volcanic rocks as well as early, intra- and post-mineral diorite porphyry. Alteration is typical of gold porphyry deposits as exemplified by a potassic-calcic core encircled by sericitic, intermediate argillic, and propyllitic alteration zones. Specifically, most of the gold and copper discovered so far at La Cantera are spatially associated with quartz-magnetite-chalcopyrite +/- bornite veinlets in potassic altered porphyry and breccias containing elevated quantities of hydrothermal magnetite. As a result, the gold-bearing rocks are highly magnetic (ca. 200x10(-3)SI) which creates a sharp contrast with the barren and weakly magnetic intermediate argillically altered rocks as well as the non-magnetic sericitically altered rocks that surround the potassic core.
Two other important targets occur due north of the La Cantera target: Middle Zone and El Limon. These three areas form a 1.5 km long by 0.5 km wide magnetic anomaly containing elevated values of gold and copper in rock-chip and soil samples.
About Bellhaven
Bellhaven Copper & Gold Inc. is a Canadian-listed (TSX VENTURE:BHV) exploration company exploring for gold and copper in Panama and Colombia. The Company's objective is to become one of the best gold-copper companies operating in Panama and Colombia by discovering, acquiring, and developing high-quality resources in a safe and responsible manner to the benefit of all of its stakeholders.
The Company's principal assets include the La Mina porphyry gold-(copper) project in the Middle Cauca belt of Colombia, the Pitaloza and three other high-sulphidation epithermal gold-(copper) and porphyry copper prospects located on the Azuero Peninsula in Panama.
For more information regarding Bellhaven, please visit our website at www.bellhavencg.com.
On behalf of the board of directors,
Paul L. Zweng, CEO & Director
BELLHAVEN COPPER & GOLD INC.
Statements in this press release, other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.
SOURCE: Bellhaven Copper & Gold Inc.
Bellhaven Copper & Gold Inc. Corporate Contact in North America: Paul Zweng CEO/Director +1-808-377-1947 pzweng@bellhavencg.com Bellhaven Copper & Gold Inc. Corporate Contact in Panama: Julio Benedetti President/Director Int'l No: +507-226-3967 www.bellhavencg.com
Zeitpunkt: 14.12.10 15:32
Aktion: Forumswechsel
Kommentar: Falsches Forum
Das Jahreshoch wird bald erreicht.:-)
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Bellhaven Commences Ground Geophysical Surveys at the La Mina Porphyry Gold-(Copper) Project, Colombia
12/15/2010 2:02:13 AM - Market Wire
PANAMA, REPUBLIC OF PANAMA, Dec 15, 2010 (MARKETWIRE via COMTEX News Network) --
Bellhaven Copper & Gold Inc. (TSX VENTURE: BHV) ("Bellhaven" or the "Company") is pleased to announce the commencement of ground-based induced polarization (IP), magnetometric, and radiometric surveys at the La Mina porphyry Au-(Cu) project in Colombia. The work program is being conducted inside a 1.5-km long by 0.6-km wide grid consisting of approximately 18.5 line-kilometers spaced 50-m apart. The surveys are being performed by ARCE Geofisicos SAC, an independent geophysical consulting firm headquartered in Lima, Peru.
The geophysical programs at La Mina are designed to delimit in greater detail the multiple porphyry gold-(copper) prospects and anomalies occurring within a known north-south corridor, including La Cantera, Middle Zone, El Limon, and El Tanque. To date, ten drill holes collared at La Cantera have yielded multiple intercepts containing 1 g/t Au or better over several tens of meters (e.g., 94 m @ 1.12 g/t Au, 0.31% Cu; 106 m @ 1.11 g/t Au, 0.40% Cu; 87.3 m @ 1.07 g/t Au, 0.30% Cu; and the most recently reported intercept, 126 m @ 1.02 g/t Au, 0.36% Cu). Four drill holes sited at the new Middle Zone discovery have delivered best intercepts of 94 m @ 0.76 g/t Au and 0.39% Cu and 76.83 m @ 0.70 g/t Au & 0.27% Cu starting at 1.52 m depth.
For maps showing the location of the geophysical surveys with respect to the concession block, the principal exploration targets, and the existing drill holes, please use the following link: http://media3.marketwire.com/docs/b1214.pdf
Paul Zweng, Bellhaven's Interim CEO and Director, commented as follows:
"We are pleased the geophysical programs are now underway over a select area at La Mina. Our geologic understanding of the partially-drilled La Cantera prospect will serve as a model by which to interpret the IP, magnetometric, and radiometric data over the rest of the grid. These data will serve to define better the known gold-(copper) prospects such as the Middle Zone, El Limon, and a new area of interest, El Tanque, located less than 500 m to the NE of La Cantera. They will also help to characterize other areas of alteration-mineralization known only through rock-chip and soil sampling programs as well as reconnaissance geologic mapping."
"Our goal is to complete the geophysical fieldwork by year end and to commence interpretation of the data in early January. These data will be a great aid to our 2011 drilling program."
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.
About the La Mina porphyry Au-(Cu) prospect
La Mina (also known as Venecia) lies within the Middle Cauca belt of Miocene-age volcano-plutonic rocks in central Colombia known to host large porphyry gold deposits such as La Colosa (12.9 Moz Au contained in 468 Mt @ 0.86 g/t Au; AngloGold Ashanti), Titiribi (3.7 Moz Au contained in 230 Mt @ 0.5 g/t Au; Sunward Resources), Quebradona (AngloGold Ashanti - B2Gold), Quinchia (Batero Gold), and Yarumalito (Colombian Mines), as well as large epithermal gold districts such as Marmato (7.5 Moz Au contained in 245 Mt @ 0.95 g/t Au; Medoro Resources).
In mid 2006, AngloGold Ashanti and Bema Gold drilled six holes into the La Mina porphyry (now called the La Cantera prospect), with Holes 2 and 5 yielding 90+ m intercepts of greater than 1 g/t Au and significant copper at shallow depths.
The most important host rocks observed in drill core include the Combia Formation intermediate volcanic rocks as well as early, intra- and post-mineral diorite porphyry. Alteration is typical of gold porphyry deposits as exemplified by a potassic-calcic core encircled by sericitic, intermediate argillic, and propyllitic alteration zones. Specifically, most of the gold and copper discovered so far at La Cantera are spatially associated with quartz-magnetite-chalcopyrite +/- bornite veinlets in potassic altered porphyry and breccias containing elevated quantities of hydrothermal magnetite. As a result, the gold-bearing rocks are highly magnetic (ca. 200x10(-3)SI) which creates a sharp contrast with the barren and weakly magnetic intermediate argillically altered rocks as well as the non-magnetic sericitically altered rocks that surround the potassic core.
Three other important targets occur due north of the La Cantera target: Middle Zone, El Tanque, and El Limon. These three areas form a 1.5 km long by 0.5 km wide magnetic anomaly containing elevated values of gold and copper in rock-chip and soil samples.
About Bellhaven
Bellhaven Copper & Gold Inc. is a Canadian-listed (TSX VENTURE: BHV) exploration company exploring for gold and copper in Panama and Colombia. The Company's objective is to become one of the best gold-copper companies operating in Panama and Colombia by discovering, acquiring, and developing high-quality resources in a safe and responsible manner to the benefit of all of its stakeholders.
The Company's principal assets include the La Mina porphyry gold-(copper) project in the Middle Cauca belt of Colombia, the Pitaloza and three other high-sulphidation epithermal gold-(copper) and porphyry copper prospects located on the Azuero Peninsula in Panama.
For more information regarding Bellhaven, please visit our website at www.bellhavencg.com.
On behalf of the board of directors,
Paul L. Zweng, CEO & Director
BELLHAVEN COPPER & GOLD INC.
alles ganz interessant... wie ist die Firma finanziert, habe nichts gefunden...
Mehr Infos:
http://www.bellhavencg.com
Tip: Schau Dir mal Cliffmont Resources an! Zur Zeit billigster Explorer in Kolumbien mit ca. 5 MIO Dollar!!! 400% sind hier locker drin...glaub mir! Mehr News folgen bald...
Bellhaven Commences Drilling at its High-Sulphidation Epithermal Gold Prospect at Bejucosa, Pitaloza, Panama
12/21/2010 12:05:54 PM - Market Wire
Applications for all Mineral Exploration Concessions Located within Panama's Azuero Peninsula Now in Progress
PANAMA, REPUBLIC OF PANAMA, Dec 21, 2010 (MARKETWIRE via COMTEX News Network) --
Bellhaven Copper & Gold Inc. (TSX VENTURE: BHV) ("Bellhaven" or the "Company") is pleased to announce that the first drill hole at Bejucosa, one of three prospects at Bellhaven's 100%-owned Pitaloza project, is now under way. Bellhaven's 4,000-m drilling program is focused on testing feeder zones and massive silica exposed in trenching and outcrops at both the Bejucosa and Caracucho prospects. These targets have been identified by past exploration efforts, yielding substantial intercepts in excess of 1 g/t Au in select trenches (Bejucosa and Caracucho) and drill holes (Caracucho only-no prior drilling had occurred at Bejucosa). See press releases of April 13th, June 3rd, July 8th, July 28th, and August 3rd for more details.
The Company is also pleased to report that all of its applications for exploration concessions located within Panama's Azuero Peninsula, which previously had been submitted to the Department of Mineral Resources within the Ministry of Industry and Commerce, have been accepted and are now in process. Management believes its applications for mineral exploration concessions, as well as its request to extend for two years the previously granted mineral exploration concession known as Pitaloza, will be issued within the appropriate time frame.
Paul Zweng, Bellhaven's Interim CEO and Director, commented as follows:
"We are pleased to be drilling now at our first exploration project at Pitaloza in Panama. There are numerous targets at Pitaloza, so we expect to drill substantially more than 4,000 m in the weeks ahead. We will start drilling first at Bejucosa and then later move to Caracucho. Besides our drilling program, we are moving rapidly to initiate a number of new exploration programs at our other high-sulphidation epithermal prospects located on the Azuero Peninsula. We anticipate that these initiatives will substantially advance the other projects, producing additional drill-ready sites for 2011."
"We are also pleased to receive the acceptance of our applications and concession extension from the Government of Panama. We look forward to the finalization of the process in the upcoming year."
About the Pitaloza high-sulphidation epithermal gold project, Panama
The Pitaloza project, owned 100% by Bellhaven, hosts three high-sulphidation epithermal gold-(copper) prospects: Bejucosa, Cementerio, and Caracucho. High-sulphidation epithermal deposits host half of the known gold resources (80 Moz) in the Caribbean Basin and yield annual production in excess of 3 Moz of gold in Peru, alone.