Bell taps wide copper intercept at Sombrero Butte

Vancouver – Initial drilling by Bell Resources (BL-V, BZRSF-O) on its Sombrero Butte project in Pinal Cty., Arizona has delivered a wide copper mineralized interval.

Hole SB-02 intersected 48 metres (from 286 metres downhole depth) averaging 1.06% copper, including a 10-metre section of 2.04% copper in the Magna breccia pipe. The hole also cut zones of porphyry intrusives, forming sections of the breccia matrix, backing up the company’s hypothesis of a possible underlying porphyry copper system.

The breccia pipes exhibit oxidized and leached caps near surface, with an underlying supergene copper enrichment zone containing chrysocolla and chalcocite mineralization.

Bell’s land position at Sombrero Butte consists of about 260 hectares in the Copper Creek district and is the first time the claim package has been consolidated since mining took place in the 1920s. The project consists of a cluster of almost 20 copper-bearing breccia pipes where the company is targeting a potential 10-to-20 million tonnes of higher-grade (1.5%-to-2.5%) copper mineralization in the breccias with a possible underlying, large tonnage copper-porphyry system.

Based on its initial results, Bell’s planned drill program has been doubled to about 3,000 metres to more thoroughly test additional breccia pipes and is expected to carry into early 2007.

The company has 49.2 million shares outstanding, giving a market capitalization of about $35 million at its recent 72 share price. The stock’s 52-week trading-range is 31-to-$1.24.