Bellhaven Copper and Gold's Profile
BELLHAVEN COPPER & GOLD INC. is an experienced and successful mineral exploration company focused on the discovery and advancement of gold and copper properties in the most mineral-rich regions of Panama and Colombia. Based in Canada with subsidiary offices in Panama and Colombia, Bellhaven is well positioned to advance and expand its current portfolio of highly prospective mineral projects.
La Mina Porphyry Gold Project, Colombia
Overview
La Mina (also known as Fredonia and Venecia) is an early-stage porphyry gold-copper project located in the Middle Cauca volcano-plutonic belt in the Department of Antioquia about 45 km southwest of Medellin. The Middle Cauca belt is known to host large porphyry gold deposits such as AngloGold's La Colosa (12.9 Moz Au contained in 468 Mt @ 0.86 g/t Au) and Sunward Resources' Titiribi (3.7 Moz Au contained in 230 Mt @ 0.5 g/t Au).
The property is accessible by paved and improved dirt roads. The known discovery is located between 1,750- 1,850 m with power, water, and labor readily available.
Project History
The La Mina concession has been the subject of geologic mapping and rock, trench & stream-sediment sampling. A joint venture between AngloGold Ashanti and Bema Gold (later B2Gold) drilled six holes into the La Mina porphyry in mid-2006. Work after the drilling included a detailed regional airborne magnetic/radiometric survey followed by soil and rock geochemical sampling over identified airborne magnetic anomalies.
Exploration Targets
Most gold and copper discovered thus is spatially associated with quartzmagnetite-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.
La Cantera
AngloGold Ashanti/Bema Gold drilled six holes into the La Cantera porphyry target. Holes 2 and 5 yielding 90+ m intercepts of greater than 1 g/t Au and significant copper at shallow depths. Drill-holes 4 and 6 also contained significant values located near the surface.
Management & Directors
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Paul Zweng
Interim CEO & DirectorDr. Zweng has successfully blended a technical and financial background in exploration and mining over the past 25 years. From February 2003 until September 2008, he was the COO and then President/CEO of TSX listed QGX Ltd, a company with mineral projects in Mongolia. Under Dr. Zweng's leadership, QGX developed the Baruun Naran coking/thermal coal project into a 253 Mt resource and discovered the Golden Hills copper deposit, Mongolia's fourth largest. In September 2008, QGX was acquired by the Kerry Group (Hong Kong) for C$270 million, delivering substantial returns to shareholders. Dr. Zweng received two B.Sc. degrees with distinction in Geology and Applied Earth Sciences (Mineral Economics) from Stanford University (California), a M.Sc. degree in Geology from Queen’s University (Ontario) and a Ph.D. in Applied Earth Sciences (Ore Deposits) from Stanford University (California).
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Julio Benedetti
President, Founder, & DirectorMr. Benedetti is a central figure in the mining industry of Panama and currently serves as the President of the Panama Chamber of Mines. In the 1980's, Mr. Benedetti was involved in the discovery of two Panamanian gold deposits (Santa Rosa and Remance) that were developed into gold mines in the 1990´s. He was also involved in the discovery of the Cerro Quema high sulphidation gold deposit and its subsequent acquisition by Bellhaven. Mr. Benedetti is fluent in English and Spanish and is an alumnus of the University of Colorado and the Colorado School of Mines.
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Maria Milagros Paredes
Chief Financial OfficerMs. Paredes combines experience as a finance professional with a technical background in geology. Her extensive financial experience was developed at two storied companies, Hewlett Packard and Intel. At Hewlett Packard she was responsible for leading the Enterprise Division’s budget and planning activities. More recently at the Intel Corporation, she drove the valuation of technologies that would be used in future products, combining finance, risk, and strategic analysis to recommend technologies that would increase revenue while reducing Intel’s risk exposure. Ms. Paredes received a B.Sc. in Geological Engineering from Universidad Nacional de Ingenieria Lima-Peru, a M.Sc. degree in Geology from Iowa State University, and an MBA from Cornell University (New York). She is is fluent in English and Spanish.
Broker Fact Sheet
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BHV Broker Fact Sheet
Thu Mar 29, 2019Fact sheet details
Company Links
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Mon Feb 21 2011, 11:19AMA good overview of their projects and plan, including management information. Covers valuation expectations, IAMGolds investment, and drilling plans.