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Tuesday, 04/02/2013 9:11:56 PM

Tuesday, April 02, 2013 9:11:56 PM

Post# of 88
$BCEKF - $BCM.V - Bear Creek Announces The Acquisition Of Two New Precious Metals Exploration Targets, Peru

http://www.bearcreekmining.com/s/newsreleases.asp?ReportID=576531

... "Vancouver, B.C. - Bear Creek Mining (TSX Venture: BCM/ BVL: BCM) ("Bear Creek" or the "Company") is pleased to announce the acquisition of the Carito and Maria Jose gold targets http://www.bearcreekmining.com/s/caritogold.asp.

The Company also reports that it is on schedule for the Corani public audiences, expected to occur in April, which is considered to be the most important public hearings required for the approval of the Environmental and Social Impact Assessment ("ESIA") submitted in December 2012 (see news release dated 11 December, 2012).

Andrew Swarthout, Chief Executive Officer, states "We are excited to have made these new acquisitions which, in conjunction with the Sumi Phase I drilling results (see news release dated 13 March 2013), continue to advance our generative exploration efforts focusing on precious metals. These programs are very cost effective, high-reward activities that are well within the capacity of our treasury as we move Corani through the permitting process. The projects offer potential for high-grade, gold veins and near-surface, disseminated gold mineralization in areas with excellent infrastructure and good community relations. We anticipate drilling to commence on both projects in the second half of 2013, pending permit approvals."" ...

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