Bear Creek announces acquisition of three new precious metals prospects, Peru



    VANCOUVER, April 16 /CNW/ - Bear Creek Mining (TSX Venture: BCM) ("Bear
Creek" or the "Company") is pleased to announce the acquisition of 100%
interests in three new gold/silver exploration targets located in southern
Peru. In addition to its commitments towards advancing the Corani and Santa
Ana deposits which together contain over 400 million ounces of silver in
measured and indicated resources plus base metals credits, the Company
continues to maintain aggressive generative exploration programs which have
led to the discovery and acquisition of these prospects. The newly acquired
prospects are described as follows:

    The Umayo gold  prospect (400 hectares), located 24 kilometers southeast
of the city of Puno in southern Peru, represents an epithermal gold system
contained within a volcanic setting associated with a large alteration area
measuring 500 by 500 meters. Nineteen (19) preliminary rock chip samples
returned values ranging from 35 to 6070 ppb gold. Highly anomalous arsenic
values up to 1165 ppm indicate the presence of a shallow epithermal gold
deposit. Future work will focus on detailed geologic mapping, trenching, and
additional rock chip sampling.

    The Tassa prospect (1200 hectares) is located 160 kilometers south east
of the city of Arequipa. Tassa is an untested epithermal silver system
containing large tonnage-potential, near-surface disseminated silver (plus
gold) in volcanics. The geologic setting resembles the Company's Santa Ana
silver deposit, but with higher gold, arsenic, mercury and antimony values
contained within even more permeable volcanoclastic host rock making Tassa a
bulk-tonnage, outcropping, disseminated silver (gold) epithermal-type target.
The volcanoclastics are regionally surrounded by manganese-carbonate veins in
the lower sections accompanied by an increase in copper mineralization in the
southern part of the claim block suggesting that zoning into a porphyry
copper-gold system may be present. Eighty-seven rock chip samples returned an
average of 61 ppm silver. In addition, three trenches totaling 466 meters in
length have been completed with 2 meter samples returning an average of
65.4ppm silver exposed over an area 800 meters by 250 meters by 200 meters
high and open laterally. Six of the rock chip samples returned anomalous gold
values from 0.10 to 0.48 g/t. The Bear Creek claims are surrounded by
recently-staked competitor's mineral rights. To view location map for both the
Umayo and the Tassa projects please refer to
http://www.bearcreekmining.com/i/pdf/2009-04-16_NRM.pdf

    A third prospect, located north of the city of Moquegua, southern Peru,
is an epithermal low-sulfidation gold system where the Company is further
consolidating its land position. Banded quartz veins similar to the El Penon
gold deposit, Chile are common in the district. Gold anomalies in the volcanic
host rock (36 rock chip samples) range from 7 to 2030 ppb Au. Anomalous
arsenic obtained from outcrops within the district strongly indicates the
presence of additional, hidden veins. Brecciated and strongly fractured
volcanics measuring 50 meters in width surrounding the veins indicate
potential for a disseminated gold target. Outcrops are sparse within the
potentially mineralized area; therefore, this target has remained unrecognized
and untested. Future plans include 2-3 trenches (50 meters length minimum) in
the brecciated volcanics to evaluate bulk target potential in addition to the
higher-grade gold vein targets.

    Andrew Swarthout, President and CEO, stated "These acquisitions represent
our continued commitment towards generative exploration which has been the
foundation for Bear Creek's success in discovering both the Corani and Santa
Ana deposits. We anticipate that at least one of these acquisitions will be
brought to the drill stage during 2009. The current market down-turn is
continuing to free up opportunities and Bear Creek's exploration teams remain
vigilant for opportunities to acquire additional high-quality precious metals
prospects."

    Other Projects

    Drilling on the La Yegua copper-molybdenum (gold) prospect is expected to
again commence under the management of Bear Creek's joint venture partner,
Chapleau upon obtaining community agreements and exploration permits. Chapleau
has reported significant copper and molybdenum mineralization from its stage I
drilling programs.

    Drilling on the Antash porphyry copper target performed by the Company's
joint venture partner was completed and results did not indicate that further
work was warranted. Bear Creek maintains a 100% interest in 1,000 hectares of
mining claims in the Antash district which will continue to be evaluated as
appropriate. Initial drilling on the Company's Piedra Sagrada gold prospect
did not indicate the presence of a gold deposit of sufficient quality to
continue work and the Company terminated its option agreements.

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

    Regulatory footnotes:

    All of Bear Creek's exploration programs and pertinent disclosure of a
technical or scientific nature are prepared by or prepared under the direct
supervision of Marc Leduc, P. Eng., Senior Vice President of Engineering and
Development and the President and CEO, Andrew Swarthout, P.Geo., who serve as
the Qualified Persons under the definitions of NI 43-101. All diamond drilling
has been performed using HQ diameter core with recoveries averaging greater
than 95%. Core is logged and split on site under the supervision of Bear Creek
geologists. Sampling is done on two-meter intervals and samples are
transported by Company staff to Juliaca or Cusco, Peru for direct shipping to
ALS Chemex, Laboratories in Lima, Peru. ALS Chemex is an ISO
9001:2000-registered laboratory and is preparing for ISO 17025 certification.
Silver, lead, and zinc assays utilize a multi-acid digestion with atomic
absorption ("ore-grade assay method"). The QC/QA program includes the
insertion every 20th sample of known standards prepared by SGS Laboratories,
Lima. A section in Bear Creek's website is dedicated to sampling, assay and
quality control procedures.

    Certain disclosure in this release, including management's assessment of
Bear Creek's plans and projects, constitutes forward-looking statements that
are subject to numerous risks, uncertainties and other factors relating to
Bear Creek's operation as a mineral exploration company that may cause future
results to differ materially from those expressed or implied in such
forward-looking statements. These risks, uncertainties and other factors are
disclosed in Bear Creek's continuous disclosure filings with Canadian
securities regulators including its most recent annual information form,
available on www.sedar.com. Bear Creek expressly disclaims any intention or
obligation to update or revise any forward-looking statements whether as a
result of new information, future events or otherwise.





For further information:

For further information: Andrew Swarthout, President and CEO, or Patrick
De Witt, 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)


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890