Bellhaven Announces Formation of Advisory Board to Support Strategic Re-Focus on Exploration in Colombia/Panama

PANAMA, REPUBLIC OF PANAMA, Apr 06 (MARKET WIRE) --
Bellhaven Copper & Gold Inc. (the "Company" or "Bellhaven") (TSX VENTURE:
BHV) is pleased to announce that it has formed the Bellhaven Advisory
Board (the "Advisory Board") to provide expertise and consultation to the
Bellhaven Board of Directors and management in matters related to the
Company's operations in Colombia and Panama. Four initial appointees to
the Advisory Board bring considerable depth regarding mineral
exploration, mining, business development, country/cultural
understanding, and financial acuity.

The four appointees to the newly created Advisory Board are:

Mr. Enrique Ho-Fernandez, MBA, London Business School (UK). Mr.
Ho-Fernandez was the former regional principal in Panama for Aureos
Capital Limited, a US$1.2 B global private-equity fund headquartered in
London, UK. Aureos Capital is actively involved in buy-outs throughout
Mexico, Central America, Peru, Colombia and other emerging markets. Mr.
Ho-Fernandez's previous financial and advisory roles with Amadeus Capital
Partners (UK), Latin America Export Bank (Panama), and Chase Manhattan
Bank (Panama) highlight an extensive experience in private equity,
banking and investment banking in Latin America. Mr. Ho-Fernandez served
as advisor for the Republic of Panama's current President, Mr. Ricardo
Martinelli, during both the 2004 election campaign and the 2009
re-election campaign. Mr. Ho-Fernandez currently serves as an independent
advisor to multinational companies and investment funds, is a board
member on nine corporate boards spanning five countries in Latin America,
and publishes editorials in Panama.

Mr. George Putnam, MBA (Finance), Duke University. Mr. Putnam is the
former CFO for QGX Ltd., a TSX-listed exploration company sold in 2008 to
Kerry Holdings Limited. of Hong Kong for C$259M. Prior to QGX, Mr. Putnam
worked for over 20 years for BHP (now BHP-Billiton) and GE/Utah
International. He held division CFO roles in a petroleum refining and
marketing business for BHP Hawaii (annual revenue US$1.1B) and for BHP
Manganese (annual revenue US$350M), a mining and smelting-and-refining
business located in Australia. His past work experiences include
aquisitions and divestitures for BHP and other clients, including
associated financings. Mr. Putnam played a key role in the development of
QGX's mineral properties and supporting the corporate sale in September,
2008. Mr. Putnam is currently advising Bellhaven directly on strategy
matters, in addition to his work on the Advisory Board.

Mr. Casey Danielson, BSc (Geology), Western Illinois University. Mr.
Danielson is a senior geologist and mineral exploration professional with
over 30 years experience in metals exploration in North, Central, and
South America. Mr. Danielson served as VP exploration for Tombstone
Exploration (now Rusoro Mining, TSX-V: RML). He previously worked as
technical manager for Echo Bay Mines Ltd. (now Kinross Gold, NYSE: KGC),
where he directed US$6M/year in exploration budgets and 15+ field staff,
and as an exploration geologist for Tenneco Minerals Company, Occidental
Minerals Company, and Getty Minerals Company. Mr. Danielson has managed
gold exploration programs for various mining companies in Peru, Ecuador,
Bolivia, Brazil, Venezuela, Mexico, Honduras, and Canada. Mr. Danielson
currently supports clients as an independent exploration consultant, and
is advising Bellhaven directly on exploration matters in addition to his
role on the Advisory Board.

Ms. Maria Isabel Patino, Law Degree, University of Los Andes (Bogota,
Colombia), Masters Degree, Laws in Admiralty, Tulane University, Member,
Louisiana State Bar. Ms. Patino is highly knowledgeable in Colombian
business regulation and law. She most recently managed two important
initiatives in the energy sector; one related to thermal coal and another
for a sugar cane based ethanol plant. Ms. Patino is the senior executive
director for Corporacion Visionarios por Colombia, engaged in civic
advocacy, education projects, urban mobility, transportation and public
services. Between 2001 and 2003, she served as the head of the Urban
Development Institute, the public entity that builds and maintains the
mobility infrastructure of the 7 million inhabitants in Bogota, Colombia.

Ms. Patino ran for vice president in the 2006 Colombian presidential
election alongside Bogota's former mayor, Antanas Mockus (Alianza Social
Indigena Party). Ms. Patino is a past executive president of ASOCOFLORES,
the Colombian flower exporters association, and for AGURA, the Banana
Producers Association of Colombia. She is the former executive committee
coordinator for the United Nation's Alexander Humboldt Institute
bio-trade project promoting sustainable agricultural production, and the
former executive president of CECEU, the Entrepreneurial Council of
Colombia. Ms. Patino currently supports clients as an independent law and
business consultant, actively serves on four boards as an independent
director, and is advising Bellhaven directly on Colombian legal and
country matters, in addition to her role on the Advisory Board.

Mr. Julio Benedetti, Bellhaven's President and CEO, commented as follows:

"We are very excited to have these four advisors to guide Bellhaven
regarding a wide variety of issues related to our activities in Panama
and Colombia. Enrique is obviously a superb resource in terms of his
regional and global financial contacts, and his strong connection to the
social, political, and business communities of Panama. Maria Isabel
brings similar experiences with respect to Colombia. Her many leadership
roles in government and business give her an ability to advise and guide
Bellhaven with respect to business, community, and environmental issues
related to exploration/mining in Colombia. Casey brings a practical
guidance and focus to our exploration efforts in both Colombia and
Panama. His familiarity with exploration in Latin America and his years
of work in the region will be of immediate value. George brings valuable
strategic and business planning skills to the team. We also expect to
benefit from his financial and economic perspectives to ensure we
maximize our exploration spending to grow shareholder value."

About Bellhaven:

Bellhaven Copper & Gold Inc., is a Canadian-listed (TSX VENTURE: BHV),
mineral exploration company, exploring for gold and copper in Panama and
Colombia. The Company's objective is to become the best gold-copper
company 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 our stakeholders.

The Company's principal assets include one mining (exploitation)
concession, three exploration concessions, and ten exploration concession
applications on copper and gold prospects in Panama, totaling 117,613
hectares, the La Ventura prospect consisting of three exploration
concession blocks and 6,400 hectares in the San Lucas gold belt in
northeastern Colombia, and 100% control of the Cerro Quema gold-(copper)
project (high-sulphidation epithermal deposit) on the Azuero Peninsula in
Panama. The Company announced a letter of intent (LOI) with Pershimco
Resources (TSX-V: PRO) on January 4th, 2010, to develop Cerro Quema,
whereby Pershimco can earn up to a 75% equity interest in the project,
plus an option to purchase (US$5M) an additional 10%.

On behalf of the board of directors,

Julio C. Benedetti, President, CEO

BELLHAVEN COPPER & GOLD INC.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.

Contacts:
Bellhaven Copper & Gold Inc.
Julio Benedetti
Corporate Contact
Int'l No: +507-226-3967

Bellhaven Copper & Gold Inc.
Patrick Abraham
Investor Relations Contact
Int'l No: +507-340-9501
www.bellhavencg.com

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