Bear Creek Mining Corp.

Bear Creek Mining Corp.'s Corani and Santa Ana projects contain more than 500 Moz silver, including more than 330 Moz in reserves, providing near-term production potential and excellent leverage to silver prices. The feasibility study for the flagship Corani project estimates average annual production of over 13 Moz silver (plus lead and zinc credits) for the first five years of a 20-year mine-life, with extremely low cash costs and fast payback of capital costs. The project is proceeding towards permitting and construction.

Expert Comments:

"Catherine McLeod-Seltzer, chairman of Bear Creek Mining Corp., was one of the people featured in Women in Mining's 2013 'Top 100 Global Inspirational Women in Mining' report." read more >

Hebba Investments, Seeking Alpha (12/30/14)
"Bear Creek Mining Corp. has one of the largest silver deposits in the world in Corani—and possibly the largest one not already owned by a major mining company (with the other large deposits requiring much greater initial capital costs than Corani). This makes Bear Creek a best-in-breed in terms of large, acquisition-ready silver deposits."

Trevor Turnbull, Scotia Capital (10/15/14)
"Bear Creek Mining Corp.'s optimized Corani feasibility study is expected in Q1/15. The company is focused on capex reductions, modified project design and optimization parameters. . .with CA$43M cash at the end of Q2/14, we believe Bear Creek has a liquidity runway of several years at current silver prices."

"One developer we are quietly bullish on is Bear Creek Mining Corp., as we think the government of Peru will return the Santa Ana project in full." read more >

Eric Zaunscherb, Canaccord Genuity (9/8/14)
"Bear Creek Mining Corp.'s primary asset is the wholly owned Corani silver-lead-zinc deposit in Peru, featuring 270 Moz silver in reserves and 136.7 Moz in additional resources. . .the company provided an update on progress in extensive optimization studies, which target maintaining capex at the $600M level, maintaining low operating costs and reducing the environmental footprint, thereby potentially easing the permitting process."

Trevor Turnbull, Scotia Capital (9/8/14)
"Bear Creek Mining Corp. announced several cost-saving design modifications at its Corani silver-lead-zinc project in Peru following optimization studies. . .the company states that the proposed design modifications suggest construction costs could be kept in the $600M range, offsetting inflation since the 2011 feasibility study. . .importantly, Bear Creek does not expect the changes to require a new ESIA."

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