Bellhaven Clarifies Its Disclosure

As a result of a review by the British Columbia Securities Commission, Bellhaven
Copper & Gold Inc. (TSX VENTURE:BHV) ("Bellhaven" or the "Company") is issuing
the following news release to clarify its disclosure: 


The Company has removed the Fraser Mackenzie research report dated April 27,
2012 from the Company's website as it discloses various gold quantity ranges in
excess of the Company's current resource estimates. The Company is unable to
support the excess disclosed ranges and retracts its disclosure of such gold
quantity ranges as being not in compliance with National Instrument 43-101 ("NI
43-101") in that it failed to include grade ranges, failed to discuss the basis
for such estimates and did not include the cautionary language required by NI
43-101. 


The current La Mina inferred resource estimate is shown on the table below, as
reported in the NI 43-101 Technical Report entitled "La Mina Gold-Copper
Project" and dated August 15, 2012, as filed on SEDAR.


Table 1.1 La Mina Inferred Resources at July 9, 2012



----------------------------------------------------------------------------
              Cut off                                              Contained
                grade     Tonnes     Gold         Gold                   lbs
Deposit        Au g/t     (000s)      g/t       ounces     Cu %       (000s)
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La Cantera        0.3     40,560     0.77    1,009,053     0.31      279,882
----------------------------------------------------------------------------
Middle Zone       0.3     39,310     0.47      594,000     0.16      139,400
----------------------------------------------------------------------------
TOTAL             0.3     79,870     0.62    1,603,000     0.24      419,300
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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. 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.

FOR FURTHER INFORMATION PLEASE CONTACT: 
Bellhaven Copper & Gold Inc. - North America Contact
Mrs. Milagros "Millie" Paredes
President/Director
[phone]
[e-mail]


Bellhaven Copper & Gold Inc. - Panama Contact
Mr. Julio Benedetti
CEO/Chairman
[phone]
[e-mail]
www.bellhavencg.com