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File: 25398130_1.docx

   THE TOQUEPALA FUND, LP c/o Suite 202 - 837 West Hastings Street Vancouver, BC  V6C 3N6

NEWS RELEASE
May 10, 2016
The Toquepala Fund, LP (the "Fund") has today filed an early warning report dated May 10, 2016 advising of its holding
--->s in Bellhaven Copper & Gold Inc. ("Bellhaven").
The Fund has acquired beneficial ownership and control of a US$350,000 (CDN$472,500) convertible loan, convertible in 
--->the first year into units at $0.075and thereafter at $0.10, which convertible loan was acquired by way of private plac
--->ement.  Each unit is comprised of one common share of Bellhaven and one warrant (the "Loan Warrants"), exercisable at 
--->$0.075 for a term of 5 years. These securities represent 40.79% of the issued and outstanding common shares of Bellhav
--->en, assuming conversion of the convertible loan in the first year and exercise of the Loan Warrants held by the Fund. 
The Fund now directly has ownership and control over an aggregate of 2,283,750 common shares and 2,283,750 warrants (t
--->he "Previous Warrants") and the convertible loan, representing 51.75% of the issued and outstanding common shares of B
--->ellhaven, assuming the conversion of the convertible loan and the exercise of the Previous Warrants and the Loan Warra
--->nts.
The securities were acquired for investment purposes and the Fund may acquire further securities of Bellhaven in the f
--->uture.
The securities were issued under an exemption from the prospectus requirements set out in section 2.3 of NI 45-106.
A copy of the report filed in accordance with applicable securities legislation may be obtained by contacting Ms. Mari
--->on McGrath at (604) 684-6264.
THE TOQUEPALA FUND, LP by its General Partner Sand & Gold, LLC

"Nancy Zweng"
   Nancy Zweng, Managing Member