EDISON EQUITY RESEARCH - BEAR CREEK MINING
March 25 2015 - 10:29AM
InvestorsHub NewsWire
EDISON EQUITY
RESEARCH: BEAR CREEK MINING -
REVISED CORANI FS IS AN IMPORTANT
CATALYST
The beginning of 2015 was a busy time for Bear Creek, with the
company preparing to update the market on the revised feasibility
study on Corani, announcing an earn-in agreement for Jose Maria as
well as bringing forwards its international arbitration proceedings
with regards to Santa Ana. The updated Corani FS could be an
important catalyst, allowing the company to complete permitting and
move into the funding phase.
Bear Creek is an exploration and development company, with a
flagship silver-lead-zinc Corani project in Peru. The project has a
proven and probable reserve of 156Mt at 53.8 g/t silver, 0.9% lead
and 0.49% zinc. An optimisation study on the project is due in
April, allowing the company to complete environmental permitting.
The original ESIA was granted in September 2013.
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