Mr. Timothy Marsh reports

DRILLING STARTED

Drilling of hole K-11 is now under way at Bell Copper Corp.'s Kabba porphyry copper-molybdenum project in Mohave county, Arizona. Godbe Drilling LLC of Montrose, Colo., was selected to drill the hypothetical copper-rich centre of the Kabba target. Drilling of K-11 is expected to take approximately 30 days to complete. If the core is sufficiently mineralized to warrant further study, the ensuing splitting, sampling and assaying would be expected to take an additional 30 days.

Kabba porphyry

The company's Kabba porphyry copper-molybdenum project lies between Freeport's Bagdad mine and the Mineral Park mine in northwestern Arizona, a state that has produced 10 per cent of the world's copper. The Kabba porphyry was predicted to be present beneath the company's claims, based on a fault model linking it with an outcropping porphyry root zone eight kilometres to the west. Three prior drill holes have intersected the margins of the faulted porphyry system, where they encountered diatreme breccia and porphyry dike swarms carrying disseminated sulphide minerals typical of porphyry copper deposits. Drill hole K-11 is testing the mile-wide gap between the prior holes in an area of previously identified surface electrical geophysical anomalies.

Qualified person

The technical content of this release has been reviewed and approved by Timothy Marsh, PhD, PEng, the company's chief executive officer and president. No mineral resource has yet been identified on the Kabba project. The current exploration effort is of insufficient magnitude to result in the identification of a quantifiable mineral resource, and there is no certainty that any mineral resource that might be discovered will prove to be economically recoverable.

"The path that the company has followed over the past two years to arrive at this day has been long, sinuous and difficult. That path was intended to preserve and build upon the perceived geologic value of the company's best asset in order to eventually monetize that value and return it to our shareholders. We are excited to discover whether the fruit of this search is commensurate with our hard work and our investors' sacrifices."