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Bear Creek Mining Corporation

Publié le 15 janvier 2008

Completes Earn-In On Corani Silver Deposit; Final Payment To Rio Tinto Vests Ownership At

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Mots clés associés :   Zinc |
Bear Creek Completes Earn-In On Corani Silver Deposit; Final
Payment To Rio Tinto Vests Ownership At 70%

Vancouver, B.C. - Bear Creek Mining (TSX Venture: BCM) ("Bear Creek" or
the "Company") is pleased to announce that the final payment of US$3
million, has been made to Rio Tinto Mining and Exploration Ltd. ("Rio
Tinto") resulting in Bear Creek owning 70% of the Corani silver and
base-metals deposit, subject to certain success payments, purchase
rights provisions, and claw-back rights as previously disclosed.

According to the terms of the final Option and Shareholders Agreement
(the "Agreement") dated March 15th, 2007 upon Bear Creek earning its
70% interest, the parties enter into a joint venture agreement, with
Rio Tinto having a 30% interest, and dilution provisions which conform
to industry practices for each party.

Andrew Swarthout, President and CEO of Bear Creek, states "We are
extremely pleased to have discovered and acquired the majority interest
in Corani; a major silver-lead-zinc deposit containing 278M ounces
silver in Measured+Indicated resources and 40M ounces silver in the
Inferred category plus 3.1 billion pounds of lead and 1.6 billion
pounds of zinc in Measured and Indicated resources . The project is on
a path to potentially becoming one of the top silver producers in the
world. We look forward to continuing towards mine development with such
a strong joint venture partner as Rio Tinto, one of the largest mining
companies in the world."

Bear Creek is undertaking a scoping study and preliminary economic
assessment on the Corani deposit estimated to be completed before the
end of January. The Company is also preparing the first resource
estimate on its Santa Ana deposit; a major, open-pit silver discovery
located 200 kilometers south of Corani.

The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release.

- End -

Andrew Swarthout - President and CEO, or Patrick De Witt - Investor
Phone: 604-685-6269 Direct: 604-628-1111
E-mail: info@bearcreekmining.com
For further information, please visit the Company's website

Copyright (c) 2008 BEAR CREEK MINING CORPORATION (BCM) All rights
reserved. For more information visit our website at
http://www.bearcreekmining.com/ or send mailto:info@bearcreekmining.com

Bear Creek Mining Corporation

ISIN : CA07380N1042
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Bear Creek Mining est une société développant des projet miniers d'argent basée au Canada.

Bear Creek Mining est en développement de projets d'argent, de plomb et de zinc au Perou, et détient divers projets d'exploration au Perou.

Ses principaux projets en développement sont SANTA ANA PERU et CORANI au Perou et ses principaux projets en exploration sont LA YEGUA, DON MARCELO PERU, ATASPACA et TASSA au Perou.

Bear Creek Mining est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 116,5 millions CA$ (93,1 millions US$, 81,6 millions €).

La valeur de son action a atteint son plus bas niveau récent le 17 septembre 2004 à 0,29 CA$, et son plus haut niveau récent le 06 octobre 2006 à 9,99 CA$.

Bear Creek Mining possède 103 090 000 actions en circulation.

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Rapports annuels de Bear Creek Mining Corporation
Annual Report 2006
Annual Report 2005
2004 Annual Report
Attributions d'options de Bear Creek Mining Corporation
24/03/2011 Grants 893,000 Stock Options at $10,77
Nominations de Bear Creek Mining Corporation
06/08/2013Announces Promotion of Peruvian GM Elsiario Antunez De Mayol...
16/03/2012Announces Appointment of New CFO
Rapports Financiers de Bear Creek Mining Corporation
22/04/2016Board Approves Adoption of Shareholder Rights Plan
Projets de Bear Creek Mining Corporation
15/08/2014Peru hopes to revive Bear Creek mine, avoid legal battle
13/01/2014Announces Start Of Phase I Drilling At Its Carito Gold Proje...
15/04/2013(Corani)Announces Positive Corani Public Hearing and Life of Mine Co...
11/12/2012(Corani)submits Corani ESIA; silver project on track for approval
16/08/2012(Corani)Provides Corani Project and Exploration Update, Peru
13/10/2011(Tassa)Provides Corporate Update; Corani Feasibility Study on Sched...
13/10/2011(Corani)Provides Corporate Update; Corani Feasibility Study on Sched...
13/07/2011(Santa Ana Peru)Announces the Filing of Legal Actions to Protect its Santa A...
01/06/2011(Santa Ana Peru)Reports Peruvian Government Resolution Which Potentially Fur...
24/01/2008 Announces First Santa Ana Leachable Silver Deposit Resource...
17/01/2008(Corani)Announces Positive Scoping Study And Updated Resource Estima...
15/01/2008(Corani) Completes Earn-In On Corani Silver Deposit; Final Payment T...
Communiqués de Presse de Bear Creek Mining Corporation
26/07/2016Bear Creek Mining Announces Closing of $30 Million Bought De...
06/07/2016Bear Creek Mining Corporation Annolunces Bought Deal Financi...
05/07/2016Bear Creek Mining Addresses Share Price Movement
20/06/2016Bear Creek Mining Grants Incentive Stock Options
22/04/2016Bear Creek Mining Board Approves Adoption of Shareholder Rig...
18/04/2016Bear Creek Mining Addresses Share Price Movement
27/01/2016Bear Creek Mining Provides An Update On Corporate Activities
20/07/2015Bear Creek Mining Files NI 43-101 Technical Report for Coran...
23/02/2015Bear Creek Grants Incentive Stock Options
23/02/2015Bear Creek grants incentive stock options
19/02/2015Bear Creek Provides Update on Feasibility Study, Corani, Per...
19/02/2015Bear Creek provides update on Feasibility Study, Corani, Per...
15/10/2014Bear Creek Provides Corporate Update
15/10/2014Bear Creek Provides Corporate Update
08/09/2014Bear Creek provides update on Corani, Peru optimization and ...
12/08/2014Bear Creek announces its intent to commence an arbitration a...
23/06/2014Bear Creek provides corporate update
14/05/2014Bear Creek says Peru court renews right to revive silver pro...
14/05/2014IIROC Trading Resumption - BCM
14/05/2014Bear Creek Mining Announces Conference Call Details
14/05/2014Bear Creek Announces Favorable Judicial Decision in the Sant...
12/05/2014IIROC Trading Halt - BCM
07/02/2014Files Notice Of Intent To Arbitrate With Peruvian Government...
25/09/2013(Corani)Announces Approval of Corani ESIA, Peru
28/08/2013(Corani)Announces Official Submission Of Responses To Comments; Cora...
17/06/2013Announces Appointments of Three New Officers
07/05/2013Announces Senior Management Change
02/04/2013Announces Adoption of Advance Notice Policy for Future Share...
18/03/2013Announces The Acquisition Of Two New Precious Metals Explora...
13/03/2013Announces Positive Drill Results on Its Sumi Gold Project, P...
06/02/2013Grants Incentive Stock Options
05/02/2013Announces Favorable Ruling In Santa Ana Civil Case, Peru
12/06/2012Grants Incentive Stock Options
20/04/2012Retains Renmark Financial Communications Inc.
24/01/2012Grants Incentive Stock Options
02/09/2011Grants Incentive Stock Options
30/06/2011Expresses Condolences Over the Loss of Karen Swarthout
26/06/2011Peruvian Unrest at Juliaca Airport Occurring 160KM from Proj...
24/05/2011Reports on Peruvian Government Study on Mining Permit Proces...
08/04/2011Provides Update On Its Exploration Programs Including Two Ne...
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