Bellhaven Copper & Gold, Inc. is pleased to announce that Golden Cross Resources Ltd has opted to continue for the second term of the Exploration and Development Agreement for the Los Hatillos Gold Concession located in Panama. GCR has made the second option payment of US$50,000 and has complied with the work commitment of the first year. During the first year GCR carried out a geophysical survey and a drill program over several targets within the Los Hatillos Concession. The results are being evaluated.

Bellhaven has also made a property payment of US$1,000,000 to Central Sun Mining (TSX: CSM - News) in compliance with the terms of the purchase agreement of the Cerro Quema Gold Project.

On behalf of the board of directors,

Julio C. Benedetti, President, CEO
BELLHAVEN COPPER AND GOLD, INC.

For further information

Julio Benedetti of Bellhaven Copper & Gold, Inc., 507-226-3967
or Investors, Patrick Abraham, 507-340-9501, for Bellhaven Copper & Gold, Inc. Web Site: http://www.bellhavencg.com

Source: Bellhaven Copper & Gold, Inc.

This entry was posted by Gold Mining on Saturday, July 26th, 2008 at 9:11 pm and is filed under Copper, Gold, Gold Mining Companies. Tags: Central Sun Mining, Copper, Directors, Gold, Golden Cross Resources Ltd, Inc., Julio C. Benedetti, Ltd, mining, Panama, Patrick Abraham, PROPERTY, Resources. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.