Bear Creek Mining Announces Potential for Lower Capex, Longer-Mine Life at Corani via Initial Mining of Oxide Resources

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Algemeen advies 09/09/2024 16:43
Vancouver, British Columbia--(Newsfile Corp. - September 9, 2024) - Bear Creek Mining Corporation (TSXV: BCM) (OTCQX: BCEKF) (BVL: BCM) ("Bear Creek" or the "Company") is pleased to announce it is assessing potential development opportunities at its Corani property in Puno, Peru ("Corani") which could enhance life of mine silver production, improve already robust economic returns and meaningfully lower capital intensity prior to first production.

The assessment covers the silver resource and recoverability potential of near-surface, silver-rich oxidized material (the "Oxides") that occurs within the Este, Main, and Minas deposits at Corani. Under a revised development plan, the Oxides would be mined as a first phase of production for the proposed Corani open pit mine, followed by the development and extraction of silver-lead-zinc sulphide resources as outlined in the most recent Technical Report (as defined in National Instrument 43-101) for Corani (the "2019 Corani Report" or the "Sulfide Plan"). see & read more on
https://www.newsfilecorp.com/release/222515/



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