Bellhaven Copper & Gold Inc. (TSX VENTURE:BHV) ("Bellhaven" or the "Company") is
pleased to announce the principal outcomes of the last week's strategic session
regarding the Company's new path forward. The Company will be returning to its
vision of advancing into production its flagship project La Mina where mine
development had stalled in recent months. The Company is now in a much better
position to push ahead on mine development at La Cantera/Middle Zone as well as
to discover additional resources during the balance of 2013. To advance
production as well as exploration, each member of the executive management team
has been assigned a series of strategic initiatives, including: 


(1) Laying the ground work for a future preliminary economic assessment ("PEA")
by consulting with a series of third-party mining and processing engineers to
outline potential mine tonnages, grades, preliminary pit designs, processing
methods, operating costs, and capital expenditures (this initiative has already
commenced); 


(2) Building an internal financial mine model for La Mina to test its robustness
as a mining project (this initiative has already commenced);


(3) Determining and then initiating the future mine studies (e.g., pit-slope
stability, processing, infrastructure, transportation, etc.) which are most
critical based on mine-model sensitivities; 


(4) Commencing a drilling program at the central portion of La Garrucha where
exploration results have revealed the potential for a sizeable porphyry
gold-(copper) deposit possibly larger than La Cantera/Middle Zone (2.55 Moz
AuEq-see below "About Bellhaven"). La Garrucha's central portion was only
recently optioned by Bellhaven (see press release dated March 26, 2013). Prior
to securing the option, Bellhaven was limited to drilling the western fringe of
the prospect.


(5) Determining the capital requirements of the various mine development and
exploration programs highlighted above;


(6) Exploring ways to finance the above capital requirements in a manner
consistent with preserving the Company's capital structure, and


(7) Revitalizing investor communications and promotion, highlighting the
company's unique and attractive characteristics.


Julio Benedetti, Bellhaven's CEO and Chairman, commented as follows:

"Pursuant to our last news release of April 3, 2013, The Company's executive
management met for a two-day strategic session with advisor Paul Zweng. The
result of this session was the formulation of a strategy plan including the
steps required to fulfill the plan by Q4. We have listed the seven key
initiatives to provide our shareholders with a better accountability of
management's integrity as we will be giving progress reports for each one. These
actions, once completed, will provide a series of upcoming new releases to be
issued in the weeks and months ahead. They will also serve as catalysts for
share-price appreciation as we believe each adds significant value to the
Company. I look forward to working with the executive management team and Paul
Zweng as we deliver on each of the initiatives highlighted above."


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 be a leader in responsible gold and copper development in Panama
and Colombia. Bellhaven will focus on discovery, acquisition, and development of
high-quality resources in a safe and responsible manner for the benefit of all
of its stakeholders.


The Company's flagship project is the La Mina porphyry gold-(copper) project in
the Middle Cauca belt of Colombia. The total La Mina resource now includes 1.6
Moz gold and 419 million pounds of copper (or 2.55 Moz gold equivalent)
contained in 79.9 million tonnes averaging 0.62 g/t Au, 0.24% Cu, or a gold
equivalent grade of 1.0 g/t (based on a 0.30 g/t Au cutoff grade). The Company
is currently seeking to grow these resources through ongoing exploration on the
La Mina concession. For more information regarding Bellhaven, please visit our
website at www.bellhavencg.com. 


On behalf of the board of directors,

Julio Benedetti, CEO & Chairman of the Board of Directors

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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Bellhave Copper & Gold Inc. - North America Contact
Mrs. Milagros "Millie" Paredes
President/Director
(971) 344-1500
mparedes@bellhavencg.com


Bellhave Copper & Gold Inc. - Panama Contact
Mr. Julio Benedetti
CEO/Chairman
+507-226-3967
juliobenedetti@bellhavencg.com
www.bellhavencg.com

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