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Company News: Bear Creek Mining
Updated: 13 Dec 2010

Bear Creek Mining is focused in Peru, a mineral-rich nation with a favorable investment climate. The Company's Corani and Santa Ana Projects contain more than 500 million ounces of silver of which over 320 million ounces are in reserves providing near-term production potential and excellent leverage to silver prices. The feasibility study for Santa Ana defines a low-cost "pure silver" mine producing 4.6 million ounces annually in the first six years of an estimated 11-year mine life. The Pre-Feasibility Study for the flagship Corani Project estimates average annual production of 10 million ounces for the first six years of a 27-year mine life, with low cash costs and fast payback of capital costs. Santa Ana is proceeding towards permitting and construction while Corani is undergoing a Feasibility Study.

Bear Creek Mining maintains aggressive exploration programs to expand resources at its two future mines and make new precious metals discoveries. The Company is led by a management team with an exceptional track record of mineral discovery and mine development in Peru.
Business Category Exploration; Mining
Regions of Operation Latin America
Exchange Ticker BCM
 

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1050 - 625 Howe Street
  • Vancouver
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