Bear Creek Mining Corporation

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Bear Creek Mining Corporation 2017-05-25T17:51:14+00:00

Website: http://www.bearcreekmining.com/s/news.asp

Bear Creek Mining’s Corani and Santa Ana Projects contain approximately 450 million ounces of silver, of which over 290 million ounces are in reserves, providing near-term production potential and excellent leverage to silver prices. The 2015 Final Feasibility Study for the flagship Corani Project estimates average annual production of over 8 million ounces of silver (plus lead and zinc credits) over an 18-year mine life, with low All-In Sustaining Costs and fast payback of capital costs. The Corani asset is highly leveraged to metal prices, with an approximate increase of $120 million in NPV for every $1 increase in silver price. The Santa Ana project hosts a low-cost “pure silver” deposit, projected to produce 5.0 million ounces annually in the first six years of an estimated 11-year mine life. Efforts are underway to recover the Company’s rights and advance Santa Ana towards production. Bear Creek Mining has several years of projected working capital cash on hand. The Company intends to use this treasury judiciously, to de-risk and advance its mineral properties and unlock shareholder value.

 

Corporate Head Office

Suite 1400, 400 Burrard Street
Vancouver, BC V6C 3A6 Canada
Phone: (604) 685-6269
Fax: (604) 685-6268

 

E-mail: info@bearcreekmining.com
Investor Relations

Barbara Henderson, Director of Investor Relations
barb@bearcreekmining.com
Direct: (604) 628-1111

 

Operations Office

Av. Republica de Panama
3505 Piso 6
San Isidro, Lima – 27

Phone: (511) 222-0922
Fax: (511) 222-0854