Bear Creek grants incentive stock options

VANCOUVER, Jan. 23, 2012 /CNW/ - Bear Creek Mining (TSXV: BCM) (BVL: BCM) ("Bear Creek" or the "Company") announces that the Board of Directors has authorized the grant of 2,576,200 incentive stock options under its incentive stock option plan to directors, officers and employees of Bear Creek, at an exercise price of $3.73 per share, exercisable on or before January 23, 2017. These options are exercisable for a five-year period and the grant is subject to vesting provisions in accordance with the Company's Stock Option Plan.

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

SOURCE Bear Creek Mining Corporation

For further information:

Andrew Swarthout - CEO, or Lisa May - Director of Investor Relations
Phone: 604-685-6269   Direct: 604-628-1111
E-mail: info@bearcreekmining.com

For further information, please visit the Company's website (www.bearcreekmining.com)


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