Bellhaven Commences Drilling at the La Mina Porphyry Gold-(Copper) Project, Colombia

PANAMA, REPUBLIC OF PANAMA–(Marketwire – July 27, 2010) – Bellhaven Copper & Gold Inc. (TSX VENTURE:BHV – News; “Bellhaven” or the “Company”) is pleased to announce that the Company’s first drilling program in Colombia is now underway at its 100%-optioned La Mina porphyry gold-(copper) project. Bellhaven’s drilling program of 2,000 m is focused on the outcropping La Cantera target, one of four porphyry gold targets clustered within a 1.5 km by 0.5 km zone, where past drilling yielded two near-surface intercepts of +1 g/t Au over 90+ m intercepts (see press release of May 17th).

The Company is also pleased to announce that it has entered into an option agreement to acquire 100% of two contiguous properties (the “Properties”) providing the surface rights to a 672,500 m2 area over the La Mina concession. The purchase also includes a modest, seven-bedroom house which will serve as Bellhaven’s field office. The option payment schedule of the agreement is specified in Table 1 at www.bellhavencg.com