BCEKF Bear Creek Mining Corp (QX)

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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