Corporate presentation

(TSX-V: BCU)

Investors PresentationSeptember 2011

FORWARD-LOOKING STATEMENTS

This presentation includes and is based, inter alia, on forward-lookinginformation and statements that are subject to risks and uncertainties. Allstatements within, other than statements of historical fact, are to beconsidered forward-looking. Such forward-looking information and statementsare based on current expectations, estimates and projections about global andregional economic conditions as well as industries that are major markets forBell Copper Corporation. There can be no assurances that such statements willprove accurate and, therefore, readers are advised to rely on their ownevaluation of such uncertainties. Further, to the best of management’sknowledge the information throughout the presentation is revised and up todate. With each of the following programs, unless otherwise stated, thepotential quantity and grade is conceptual in nature and there has beeninsufficient exploration to define a mineral resource to date, therefore it isuncertain if further exploration will result in discovery of a mineral resource.

OVERVIEW

• Bell Copper Corporation (BCU) is a Toronto based copper exploration and development company with 3 projects in Arizona and Mexico; two mining friendly jurisdictions

• A proven production-oriented management team added to complement the company’s strong exploration expertise, and to help bring the La Balsa and Van Dyke projects into production

• Active exploration focusing on resource growth, with three compelling porphyry copper targets, and one large iron ore target

• With the recent sale of non-core assets and the restructuring of the company’s indebtedness, Bell Copper presents tremendous value in these times of escalating copper prices

PROJECT OVERVIEW

La Balsa Project43-101 Resource Study completeEconomic Scoping Study completeFeasibility study and permitting in-progress

(est. Q1 2012 completion)Active drilling for underlying porphyry depositActive iron exploration - small scale iron

exploitation underway

Kabba ProjectActive drilling for Cu shell in 3 km by 5 km

porphyry system

Sombrero Butte ProjectDrilling has identified high grade Cu in breccia

pipes - underlying porphyry target to be tested next

Van Dyke ProjectIn process of closing acquisitionHistorical resource > 1.3 billion lbs Cu, with

expansion potentialResource confirmation + preliminary economic

assessment for in-situ leach project to commence shortly

MANAGEMENT

Dr. Michael Werner (CEO, Director)

B.Sc. and M.Sc. (Mining Engineering), PhD (Mining and Metallurgical Engineering) 34 year career in mine development and operations, specializing in mine construction and expansion,

mine re-opening and the successful turnaround of distressed mining operations Reopened the Magma copper and Carlsbad potash mines (USA) after 8 and 5 year closures Reopened 100,000 oz/year Hopebrook and 125,000 oz/year Colomac gold mines (Canada) Built and operated the 100,000 oz/year New Britannia gold mine (Canada) Operated the 6,000 tpd underground and 100,000 tpd open pit Leinster nickel mining operations

(Australia) of WMC Resources Operated the 126,000 oz/year Bounty gold mine (Australia) Previous positions include VP and COO of TVX Gold (8 gold mines), Mining Operations Manager at

WMC, Managing Director of Viceroy Australia

Dr. Timothy Marsh (President)

B.Sc. (Geological Engineering), PhD (Ore Deposits and Exploration), P.Eng. 25 years experience as a geological engineer, specializing in copper and epithermal gold deposit

discovery and delineation Chief Geologist of Resolution Copper (RTZ-BHP JV) - initiated a $50 million deep drilling program in

support of a copper block caving resource Project Geologist of Kennecott Minerals on the Cortez JV in Nevada Project Geologist of Rio Tinto – generated porphyry copper targets in N. Chile Manager of Exploration and Geology at AMT International – led the team which discovered an

additional 300 million lbs copper resource at Copper Creek, AZ

MANAGEMENT

Steve Manz (VP Business Development)

23 years experience in corporate and operational finance, merger/acquisitions, start-ups, and turnarounds.

CFO of 300,000 oz/year gold producer (market cap from $2 to $700 million in 3 years) President and CFO of NYSE listed 50,000 oz/year gold producer Senior member of one of the world’s largest metals trading company, which provided mine financing

to projects around the world Secured $850 million of small to mid-cap debt and equity

Jack Andreazza (VP Metallurgy and Mineral Processing)

40+ years of metallurgical experience, including 30 years with WMC in gold, copper, nickel and phosphate in both technical and senior managerial positions

Resident manager of WMC’s Nifty Copper Operation, a 33 million lb/year copper operation Metallurgy manager for the 200,000 oz/year Central Norseman gold mine (Australia), and involved

in commissioning/plant improvements for Newcrest, Sons of Gwalia, Viceroy, Aurora Gold and BHP Engineering

Deborah Battiston (Chief Financial Officer)

25 years of accounting and financial management experience Currently CFO of a number of Canadian public mining companies within the Forbes & Manhattan

group of companies Experience in a broad range of foreign jurisdictions

MANAGEMENT

Stan Bharti (Director)

Responsible for the creation and growth of multiple mining companies which have seen increases in market capitalization in the billions of dollars

Extensive experience in the acquisition, restructuring and financing of mining companies, and since 2001 has been the Executive Chairman of Forbes & Manhattan, Inc., a private merchant bank operating in Canada, the United States and Western Europe

Previous positions include Chief Executive Officer of Consolidated Thompson-Lundmark Gold Mines Ltd., and President and Chief Executive Officer of Desert Sun Mining Corp.

Richard Ternieden (Independent Director)

25+ years in investment banking – former Managing Director of RBC Capital markets

Keith Droste (Independent Director)

40+ years experience in ore reserve estimation, mine planning, mine development, environmental permitting and mine operations

Don Dudek (Independent Director)

30 years experience as an exploration geologist with numerous junior and senior mining companies

Currently an officer and director of several companies within the Forbes & Manhattan group of companies

LA BALSA – LOCATION

1 km

CuFe Fe

Las Truchasiron mine

La Balsa Property

• La Balsa is a 100% owned, 51 km2 property, located in the State of Michoacán, Mexico, which BCU has been developing for copper and iron production since 2005 - $15 million BCU expenditures to date

• Excellent infrastructure – main rail line runs through property, power adjacent to deposit, large water reservoir within 1 km, and excellent road access, with the deep water port/city of Lazaro Cardenas (pop. 240,000) 14 km to the south

LA BALSA – DRILLING / CU RESOURCES

Oxidation Zone

ClassTonnes (‘000s)

Copper (%)

Copper (M lb)

Oxide

Measured 1,069 1.16 27.3

Indicated 986 0.89 19.3

Subtotal 2,055 1.03 46.6

Inferred 186 0.63 2.6

Mixed

Measured 848 1.08 20.1

Indicated 854 0.81 15.3

Subtotal 1,702 0.94 35.4

Inferred 150 0.62 2.0

Sulphide

Measured 4,086 0.74 67.0

Indicated 3,574 0.58 45.6

Subtotal 7,660 0.67 112.6

Inferred 370 0.70 5.7

Total

Measured 6,003 0.86 114.5

Indicated 5,414 0.67 80.2

Subtotal 11,417 0.77 194.6

Inferred 707 0.66 10.3

• Exploration has delineated three sub-horizontal, mineralized breccias ideally suited for open pit mining

• Drilling history: Prior operators (1979-96): 100 holes/ 5,084 m Bell phase I (2006): 144 holes / 10,581 m Bell phase II (2007): 61 holes / 5,063 m

• M+I resource = 11.4 million tons at an average Cu grade of 0.77% for 194 million lbs of contained copper

• Previous metallurgical testing indicates that the oxides are amenable to heap leaching and the sulphides to recovery via flotation

Porphyry target

Copper deposits

250 m

• Above figures generated by Behre Dolbear & Company using a 0.2% cut-off, and presented in a 43-101 Report, Jan., 2008

LA BALSA – SCOPING STUDY

• A positive scoping study was completed on the project in March 2010 by Richard Gresham, P. Eng. of Phoenix, AZ

• The study concluded:

Open pit stripping ratio = 1.25:1

70.7 million lbs recovered from oxide and mixed ores using SX-EW

79.4 million lbs recovered from sulphides using flotation

Total production of 150.8 million lbs Cu and 786,000 oz Ag

Mine life = 7 years

Avg. annual production = 21 million lbs Cu

Initial capital = $35.1 million

Sustaining capital = $26.5 million

Cash cost = US $0.81/lb

Total cost = US $1.22/lb

LA BALSA – DEVELOPMENT

• Surface rights for the mine, plant, and facilities have been purchased

• All environmental support documents, baseline studies, and final draft of the EIS completed

• An indicative term sheet for a $30 million debt financing (subject to completion of the feasibility study) has already been received

• Bankable feasibility study underway by KD Engineering and Metcon Engineering (Tucson, AZ) - estimated completion Q1 2012

• BCU has already purchased a fully operational SX-EW processing plant from the San Manuel Mine

• SX-EW plant capable of producing up to 40 million lbs copper cathode per year

LA BALSA – EXPLORATION

porphyry target

La Balsadeposits

• Only 10% of the property explored to date - emphasis has been on the delineation of near surface oxide and sulphide resources

• The La Balsa deposit are cut-off at depth by a thrust fault. With regional structural movements to the NE, it is possible that the breccias were once located atop a buried porphyry

• The volume of brecciation found at the La Balsa Ridge is difficult to explain except by a deeper source, and two profound aeromagnetic lows to the SW of the deposits are indicative of an underlying porphyry system

• BCU has recently completed a 3 hole, 2,000 m drill program to test the core of the 2 km X 1 km aeromagnetic low and the porphyry target. Final assays pending early October 2011.

LA BALSA – IRON ORE EXPLOITATION

• La Balsa lies in the middle of a 30-kilometer-long belt of iron ore deposits, which includes Arcelor-Mittal’s 290-million-ton operating Las Truchas iron mine, located 20 kilometers to the west

• High grade surface iron deposits have been identified to date at the eastern and western claim blocks

• Small-scale mining by local contractors of high grade (66% iron), low sulphur magnetite – ore direct shipped to Chinese purchasers at the port of Lazaro Cardenas, 10 km to the SW

• The iron operations should provide BCU with +$500,000 in 2011, which will be used to help self-fund the on-going copper exploration drilling

LA BALSA – IRON ORE EXPLORATION

• Significant potential exists for the discovery of large iron deposits on both the eastern and western portions of the property.

• Balsa 14 contains a large (3 X 4 km) magnetic anomaly identified in a government aeromagnetic survey. The dimensions of the anomaly are comparable to those identified over the nearby Las Truchas mine

• Recent prospecting in this area has produced magnetite stream cobbles believed to be sourced from the area of the anomaly, and as a follow-up, BCU has recently completed a heli-mag survey (results pending), which may be followed by ground based surveys and initial drill testing of targets

VAN DYKE – LOCATION AND ACQUISITION

• BCU has a binding agreement to purchase a 100% interest in the Van Dyke project, located at the town of Miami, 90 miles east of Phoenix, AZ

• Property consists of 1,100 acres of patented ground in the vicinity of the former Van Dyke underground mine

• High grade copper ores were mined via a 1,692 foot shaft from 1929-31 and 1943-45, producing 11.6 million pounds of copper with an average copper grade of +5.0%

• Under BCU’s purchase agreement (estimated to close by November 2011), total payments = $2.5 million cash, 5.6 million BCU shares, and a 2.5% NSR (2% of which may be purchased for a period of three years by the payment of US$1.5 million for each 1% purchased).

• The $2.5 million will be paid $0.5 million at closing, with the balance payable as advance royalty payments split equally over the following 8 years

Van Dyke headframeMiami East headframe

VAN DYKE – HISTORICAL EXPLORATION

• Van Dyke deposit contains two mineralized zones, each approximately 200 feet thick, separated by a lower grade intermediate zone of comparable thickness

• Deposit is relatively shallow dipping, ranges from 900 to 2,000 feet below surface, and hosts copper oxide

• Occidental Minerals conducted work on the property in the 1970’s, including the drilling of 70 holes, 62 of which contained copper mineralization

• 46 of the holes were used to generate a resource of 1.37 billion pounds of copper (167 million tons @ 0.41% copper - using a 0.1% cut-off). Note that these resources are historical in nature, are not 43-101 compliant, and as such should not be relied upon

Azurite vein

VAN DYKE – DEVELOPMENT PLANS

• Pending completion of the acquisition, initial work will consist of generating new 43-101 compliant mineral resources (est. 6 months to complete) through new drilling and data verification (original drill core available).

• Opportunities for further resource expansion include primary sulfidic copper beneath and to the east of the oxide mineralization (as intersected at a depth above 1000 m by Occidental’s first hole), in massive sulfide replacement bodies that are known to exist in the district, and in a satellite porphyry area to the west where azurite has been identified in outcrops over a 400 X 500 m area

• A Preliminary Economic Assessment (est. 6 months to complete) for the recovery of copper using in-situ leaching methods is also anticipated following the projected closing of the acquisition.

• Project previously pilot tested for in-situ leaching by Occidental in 1976. Two 1,000 foot deep holes, 75 feet apart, were shown to successfully leach copper at recoveries up to 80% using hydro-fracturing to open hairline fractures to improve fluid circulation

VAN DYKE – IN-SITU LEACHING

• In-situ leaching (ISL) is a non-invasive method where copper can be extracted by pumping a dilute acid solution into injection wells that dissolves the mineral which is recovered in a controlled manner by recovery wells

• ISL advantages include: lower capital and operating costs, no ore moved or tailings created, minimal visual disturbance, fewer permits vs. other mining methods, and an ability to produce copper cathodes on site

• ISL has been used extensively around the world for decades. There are currently 26 known ISL projects in operation or under development globally, and over 30% of world wide uranium and 90% of current U.S. uranium production utilizes ISL

• Copper oxide deposits similar to Van Dyke have been leached throughout Arizona, including BHP Copper’s San Manuel mine, which used ISL for over 10 years (and which used the SX/EW plant that BCU has purchased)

• Van Dyke is ideal for ISL, and no permitting difficulties are anticipated, as no water wells exist at the depth of the deposit, and the town of Miami receives its water from wells 3 miles north of the deposit

KABBA – LOCATION AND HISTORY

• BCU holds a 100% interest in a 8,031 acre property in NW Arizona

• Located 19 miles SE of Kingman and 150 miles NW of Phoenix on the highly productive Copper Creek-Resolution-Bagdad porphyry trend

• 2 miles from power (the main Hoover Dam - Phoenix transmission corridor), 30 miles from the Mineral Park Mine (1.3 billion lbs Cu, 0.3 billion lbs Mo), and 73 miles from Freeport’s Bagdad copper mine (200 million lbs/yr, plus one of the world’s few molybdenum concentrate leaching facilities)

• From 1953 to 1983, a number of mining companies explored a major 3 X 5 km pyritic halo surrounding an outcropping porphyry located to the west of the Kabba property. Their efforts identified abundant but sub-economic Cu and Mo mineralization

• BCU management have since concluded that the outcropping parts of the porphyry system were an exposure of the deeper roots of the original system -deeper than where the richest deposits of copper are normally found

KABBA – EXPLORATION TARGET

• Geological investigations by BCU have subsequently identified a major low-angle fault immediately east of this porphyry root

• By investigating the displacement of a distinct marker unit in the Kabba region, management has been able to generate a history of faulting in the area, and has projected the displacement of the truncated porphyry cap approximately 4.5 miles further to the east

• The Kabba property was acquired/staked in 2005/2006 to cover the projected location of the displaced

upper part of the porphyry system

West1 mile

Porphyry Root

Projected Porphyry Cap

East

Projected Displacement

• Initial work on the property in 2006/2007 included aeromagnetic, seismic reflection IP, NSAMT, and gravity geophysical surveys

KABBA – DRILLING

• Drilling commenced in 2007 in a line of step-out holes (K-1 to K-6) designed to test for a due east displacement of the porphyry cap.

• Subsequent field-work provided new evidence that the displacement of the porphyry cap was not due east, but rather projected more towards the north-east

• Hole K-8 (drilled to 544 m) encountered sericitically altered dacite porphyry enriched in lead, zinc and manganese, interpreted as the east margin of the main porphyry

• Hole K-9 halted due to difficult ground conditions arising from extensive hydrothermal alteration.

• K-10 completed in August 2011, with initial assays expected end September 2011.

• K-10 is interpreted to have intersected the western edge of the diatreme breccia above the porphyry, and encountered copper, molybdenum, lead, and zinc mineralization, along with more than ten varieties of porphyry dikes.

Original projected displacement

New projected displacement

KABBA – CROSS_SECTION

1.6 km

Projected Copper Shell

KABBA – DRILLING (HOLE K-10)

Base metal vein carrying sphalerite (zinc sulfide), galena (lead sulfide) and chalcopyrite (copper-iron sulfide)

Base metal vein carrying silver-rich galena (lead sulfide) and chalcopyrite (copper-iron sulfide

SOMBRERO BUTTE – LOCATION AND HISTORY

• 100% interest in 2,887 acres located 44 miles NE of Tucson, at the intersection of two state-wide belts of major porphyry copper deposits/mines

• Located 9 miles east of the San Manuel Mine (14 billion lbs Cu), 2 miles south of Redhawk Resources’ Copper Creek project and 30 miles south of Asarco’s Hayden copper smelter

• Redhawk and Millrock Resources actively drilling within 1 mile of the N property boundary. Red Hawk’s drilling continues to expand their 3.4 billion pound Copper Creek resource

• Land package consolidated in late 2005/early 2006 which united the property for first time since the 1920’s

• Property contains clusters of copper-bearing breccia pipes, which elsewhere in the district host economic deposits, and which overlie associated porphyry copper systems

Bell Copper

Redhawk

SOMBRERO BUTTE – DRILLING

• Between 2006 and 2008, 34 holes in two phases of drilling tested 8 of the 25 breccia pipes identified in the NW portion of the property

• 6 of the 8 pipes tested returned significant intercepts of copper mineralization, with two of the pipes (Magna and Campstool) exhibiting strong mineralization to depths in excess of 300 m

• Assays from the drill programs include: 48 m grading 1.0% 66 m grading 1.5%22 m grading 4.1%22 m grading 3.0%10 m grading 5.6%

• The 43-101 Technical Report (May 2010) concluded that the intercepts obtained from the breccia drilling to date have grades worthy of further evaluation for mining by open pit, underground, or a combination of the two mining methods

SOMBRERO BUTTE – EXPLORATION

• Drill core exhibits porphyry dikes carrying disseminated bornite and chalcopyrite, pervasive K-feldspar alteration, and quartz-chalcopyrite-pyrite stockwork style veins, all indicative of adjacent porphyry systems

• 2008 field exploration revealed an additional 12 breccia pipes exhibiting evidence of advanced argillic alteration and the presence of the mineral dickite in the altered breccia matrix

• Dickite is a unique blue indicator mineral which forms under acidic and high-temperature conditions, and which has been identified at multiple world-class porphyry copper deposits, including the nearby San Manuel mine

• The presence of dickite in all 12 southern breccia pipes suggests they are connected at depth to a projected common porphyry source

• Future work will include additional ground surveys and mapping, as well as new drilling to further test and expand the mineralization within the breccia pipes, and to test for an underlying porphyry system

DEBT RESTRUCTURING

• On February 25, 2011, BCU closed a comprehensive debt restructuring with Macquarie Bank

• $2.8 million demand debenture repaid in full with cash generated from the sale of the Granduc project

• $4.3 million debenture eliminated through:

• $2 million conversion to a 2% NSR on the La Balsa project (the only production royalty covering the production deposits)

• $2.3 million conversion to equity on May 6, 2011 on the same terms as the $4.5 million brokered private placement

• This residual US $6.7 million in debt has been restructured into a term facility maturing on January 31, 2013, secured only against the La Balsa project

• It is the intention to have this debt refinanced following the completion of the La Balsa feasibility study, as part of the debt financing for construction of the La Balsa mine

SHARE STRUCTURE

Shares: 173,587,000

Warrants: 1,989,500 (Nov. 2012 @ $0.20)

34,001,000 (Nov. 2012 @ $0.35)

Options: 23,075,000

Recent Financing = $4.5 million brokered private placement in May 2011

SHAREHOLDER VALUE

• Based on shares outstanding of 173 million, the market capitalization of BCU is approximately $36 million

• Following the closing of the Van Dyke acquisition, and assuming that BCU is able to upgrade its historical resources at Van Dyke to 43-101 standard, based on BCU’s current market capitalization, the Company’s copper resources would be valued at 1.9 cents/lb. This compares favourably to the current in-situ valuation for comparable non-producing copper exploration companies of 8.5 cents/lbof copper (Wellington West, June 27, 2011 Base Metals Report)

• Given the low operating costs and strong cash flows forecast in the La Balsa Scoping Study, and the current ownership of the SX-EW plant at a significant reduction to replacement value, BCU represents excellent value.

• Significant growth potential and added shareholder benefit value with active exploration on three high-value porphyry copper targets and one large iron ore target

SUMMARY

Exceptional and proven production and explorationoriented management team

Growing copper resource base through acquisition andexploration

Near-term production in mining friendly jurisdictions

Tremendous blue-sky copper exploration potential –active programs on three compelling porphyry coppertargets

Attractive economics, financially restructured,significantly undervalued