Bear Creek announces drilling continues to intersect high-grade silver, mineralized footprint expands, and metallurgical testing continues to show high leach recoveries at Santa Ana, Peru



    VANCOUVER, July 21 /CNW/ - Bear Creek Mining (TSX Venture: BCM) ("Bear
Creek" or the "Company") is pleased to announce results for 27 additional
diamond drill holes (4,643 meters). Drilling at Santa Ana now totals 45,946
meters in 251 drill holes. Santa Ana is located in southeastern Peru 200
kilometers south of the Company's Corani silver-base metal deposit which is
currently advancing under pre-feasibility studies. Highlights of this press
release include:

    
    -------------------------------------------------------------------------
    Drill hole   Intersects                 Including
    -------------------------------------------------------------------------
    SA-133       116 m @ 103 g/t Ag      22 m @ 438 g/t Ag and 1.3% Zn
                 and 0.9% Zn
    SA-135       68 m @ 216 g/t Ag       12 m @ 442 g/t Ag and 8m @
                                            935 g/t Ag
    SA-138       82 m @ 86 g/t Ag        8 m @ 125 g/t Ag and 1.7% Zn
                 and 0.9%Zn                 and 10 m @ 317 g/t Ag, 1.9% Zn
    SA-124       80 m @ 64 g/t Ag        16 m @ 229 g/t Ag and 2.6% Zn
                 and 1.3% Zn
    SA-132       46 m @ 94 g/t Ag
    SA-139       22 m @ 242 g/t Ag
    -------------------------------------------------------------------------
    

    Andrew Swarthout, President and CEO of Bear Creek, states "We are
extremely pleased that recent drilling results verify higher-grade, leachable
silver mineralization occurs in at least two zones with excellent continuity,
which have the potential to provide the basis for robust starter pits. These
higher grade zones with large tonnages developing in the 90 g/t silver range
provide confidence that Santa Ana can become as important economically to Bear
Creek as our Corani silver-base metal deposit which is currently in
pre-feasibility stage."
    Mr. Swarthout continues "Exploration upside also remains an exciting
opportunity at Santa Ana as the deposit remains open. For instance, many of
these latest higher grade zones were discovered beneath surface expressions
with little evidence of the existence of silver mineralization; supporting our
thesis that additional hidden or "blind" discoveries will continue to be made.
In addition, two of the better holes (SA-138 and SA-139) are located well
beyond the current resource boundary also indicating significant remaining
growth potential throughout the still under-explored district."
    One-hundred-fifty-six drill holes have been now been completed since the
first resource estimate in January 2008. "We are very excited to be able to
soon see the effects of this recent drilling on the resources, both in size
and grade, as we prepare for updating the model in September."
    New drilling results are as follow. All intercepts are down-hole lengths
and true widths have not been calculated.

    
    -------------------------------------------------------------------------
                                                           Silver
    Drill              Inclin-   Total           Interval  (grams
     Hole    Azimuth     ation   Depth  From  To    (m)      per   Lead  Zinc
      No.   (degrees) (degrees)   (m)   (m)   (m)   DTH     tonne)  (%)   (%)
    -------------------------------------------------------------------------
    SA-124      90       -60     173.6    8    88    80      63.7   0.5   1.3
    -------------------------------------------------------------------------
    Includes                             34    50    16     229.1   1.1   2.6
    -------------------------------------------------------------------------
                                        116   138    22      33.6   0.4   0.9
    -------------------------------------------------------------------------
    SA-126      90       -70      68.5   12    55    43      72.9   0.6   0.8
    -------------------------------------------------------------------------
    Includes                             28    42    14     135.9   0.8   1.4
    -------------------------------------------------------------------------
    SA-126A     90       -55     160.2    8    76    68      28.0   0.1   0.3
    -------------------------------------------------------------------------
    SA-128      90       -70     158.2   98   122    24      32.7   0.2   0.2
    -------------------------------------------------------------------------
                                        142   152    10      35.6   0.3   0.5
    -------------------------------------------------------------------------
    SA-129      90       -70     154.4    8    78    70      33.7   0.2   0.4
    -------------------------------------------------------------------------
    Includes                             50    52     2     303.0   0.4   0.2
    -------------------------------------------------------------------------
    SA-130     120       -70     301.4  180   186     6     102.0   0.9   1.8
    -------------------------------------------------------------------------
                                        220   230    10      25.0   0.1   0.2
    -------------------------------------------------------------------------
                                        268   280    12      67.7   1.5   1.9
    -------------------------------------------------------------------------
    SA-130A    300       -70     203.7         No significant intervals
    -------------------------------------------------------------------------
    SA-131      90       -70     184.3    2    20    18      27.9   0.2   0.3
    -------------------------------------------------------------------------
                                         36    48    12      22.7   0.2   0.4
    -------------------------------------------------------------------------
                                         94    96     2     357.0   2.3   3.1
    -------------------------------------------------------------------------
                                        150   160    10      31.8   0.1   0.1
    -------------------------------------------------------------------------
    SA-132      90       -70     155.0   68   114    46      94.0   0.3   0.5
    -------------------------------------------------------------------------
    Includes                             68    78    10     290.6   0.4   0.1
    -------------------------------------------------------------------------
    SA-133      90       -70     173.0   14   130   116     102.7   0.3   0.9
    -------------------------------------------------------------------------
    Includes                             60    82    22     438.2   0.5   1.3
    -------------------------------------------------------------------------
                                        168   172     4     118.5   2.5   1.9
    -------------------------------------------------------------------------
    SA-134      90       -70     161.7    0    48    48      27.2   0.2   0.3
    -------------------------------------------------------------------------
                                         44    48     4     115.0   0.8   0.5
    -------------------------------------------------------------------------
                                        108   122    14      36.0   0.4   0.7
    -------------------------------------------------------------------------
    SA-135      90       -70     169.5    1    12    11      35.2   0.2   0.2
    -------------------------------------------------------------------------
                                         22    52    30      40.8   0.2   0.3
    -------------------------------------------------------------------------
    includes                             30    32     2     358.0   0.3   0.5
    -------------------------------------------------------------------------
                                         98   166    68     215.6   0.6   0.7
    -------------------------------------------------------------------------
    Includes                            100   112    12     441.8   0.6   0.9
    -------------------------------------------------------------------------
    and                                 128   130     2     460.0   3.2   3.4
    -------------------------------------------------------------------------
    and                                 154   162     8     934.0   1.2   0.7
    -------------------------------------------------------------------------
    SA-136      90       -70     156.0   14    30    16      48.4   0.5   0.3
    -------------------------------------------------------------------------
                                         40    52    12      42.2   0.4   0.1
    -------------------------------------------------------------------------
                                         92    98     6      65.7   0.2   0.4
    -------------------------------------------------------------------------
    SA-137      90       -70     160.5   24    52    28      29.1   0.2   0.5
    -------------------------------------------------------------------------
    Includes                             44    48     4      83.5   0.3   0.8
    -------------------------------------------------------------------------
                                         74    82     8      25.3   0.3   0.9
    -------------------------------------------------------------------------
                                        128   158    30      39.7   0.3   0.4
    -------------------------------------------------------------------------
    SA-138      90       -70     169.2   28    36     8      45.5   0.3   1.3
    -------------------------------------------------------------------------
                                         48    54     6      35.0   0.4   0.3
    -------------------------------------------------------------------------
                                         64   146    82      85.8   0.6   0.9
    -------------------------------------------------------------------------
    includes                             66    74     8     125.2   1.2   1.7
    -------------------------------------------------------------------------
    and                                 112   122    10     316.6   1.1   1.9
    -------------------------------------------------------------------------
    and                                 136   142     6     182.3   0.9   0.9
    -------------------------------------------------------------------------
                                        158   168    10      30.2   0.2   0.5
    -------------------------------------------------------------------------
    SA-139     300       -70     212.5   40    62    22     241.8   0.6   0.2
    -------------------------------------------------------------------------
    includes                             44    52     8     641.5   1.5   0.2
    -------------------------------------------------------------------------
                                        132   146    14     182.6   0.4   0.3
    -------------------------------------------------------------------------
    includes                            132   134     2     338.0   0.2   0.4
    -------------------------------------------------------------------------
                                        140   146     6     283.7   0.8   0.3
    -------------------------------------------------------------------------
                                        194   204    10      46.2   0.2   0.4
    -------------------------------------------------------------------------
    SA-139A    120       -60     163.4   12    16     4      26.5   0.1   0.1
    -------------------------------------------------------------------------
                                         62    66     4      67.5   0.2   0.4
    -------------------------------------------------------------------------
                                         94   100     6      84.3   0.4   0.2
    -------------------------------------------------------------------------
    SA-140      90       -70     174.7    1    30    29      51.9   0.3   0.4
    -------------------------------------------------------------------------
    includes                              4    10     6     138.0   0.5   0.2
    -------------------------------------------------------------------------
                                         50    56     6      32.3   0.2   0.6
    -------------------------------------------------------------------------
                                         76    86    10      26.6   0.4   1.0
    -------------------------------------------------------------------------
                                        116   122     6      35.7   0.2   0.4
    -------------------------------------------------------------------------
                                        154   166    12      23.0   0.1   0.3
    -------------------------------------------------------------------------
                                         68   116    48       ---   ---   1.0
    -------------------------------------------------------------------------
    SA-141      90       -70     165.3    8    36    28      25.9   0.1   0.1
    -------------------------------------------------------------------------
                                         66   118    30      94.0   0.5   1.2
    -------------------------------------------------------------------------
    includes                             80    84     4     733.5   1.4   4.1
    -------------------------------------------------------------------------
                                        152   162    10      41.8   0.5   0.9
    -------------------------------------------------------------------------
                                         50    96    46       ---   ---   1.3
    -------------------------------------------------------------------------
    SA-142      90       -70     151.0   18    60    42      52.7   0.5   0.6
    -------------------------------------------------------------------------
    includes                             44    48     4     279.0   1.4   2.2
    -------------------------------------------------------------------------
    and                                  58    60     2     103.0   1.8   1.3
    -------------------------------------------------------------------------
                                        130   138     8      53.0   0.4   0.7
    -------------------------------------------------------------------------
    SA-143      90       -70     175.0   42    46     4      56.0   0.4   0.8
    -------------------------------------------------------------------------
                                        134   172    38      51.7   0.1   0.3
    -------------------------------------------------------------------------
                                        154   160     6     181.3   0.1   0.2
    -------------------------------------------------------------------------
                                        168   170     2     108.0   0.3   0.2
    -------------------------------------------------------------------------
    SA-144      90       -70     155.3    4     8     4        90   0.3   0.1
    -------------------------------------------------------------------------
                                         62    96    34      33.4   0.4   0.5
    -------------------------------------------------------------------------
    Includes                             88    90     2     163.0   0.6   0.4
    -------------------------------------------------------------------------
    SA-145     300       -60     161.2   50    56     6      34.3   0.3   0.2
    -------------------------------------------------------------------------
                                        106   110     4      75.5   2.1   0.6
    -------------------------------------------------------------------------
    SA-146      90       -70     196.0   36    44     8      34.3   0.3   0.7
    -------------------------------------------------------------------------
                                        118   124     6     122.3   0.3   0.2
    -------------------------------------------------------------------------
                                        146   184    38      83.6   0.5   0.8
    -------------------------------------------------------------------------
    includes                            172   176     4     478.5   1.2   2.4
    -------------------------------------------------------------------------
                                        154   176    22       ---   ---   1.2
    -------------------------------------------------------------------------
    SA-147      90       -70     166.0    4    52    48      74.0   0.6   0.6
    -------------------------------------------------------------------------
    includes                             40    46     6     254.3   1.6   1.1
    -------------------------------------------------------------------------
                                        118   130    12      39.0   0.2   0.6
    -------------------------------------------------------------------------
                                         22   136   114       ---   ---   0.8
    -------------------------------------------------------------------------
    SA-148      90       -70     213.6    4   100    96      37.6   0.3   0.8
    -------------------------------------------------------------------------
    includes                             86    96    10     125.0   1.0   1.8
    -------------------------------------------------------------------------
                                        168   208    40      74.5   0.5   0.4
    -------------------------------------------------------------------------
    Includes                            176   188    12     176.0   0.2   0.2
    -------------------------------------------------------------------------
                                        120   176    56       ---   ---   1.0
    -------------------------------------------------------------------------
    SA-149      90       -70     160.2  134   160    26      62.6   0.2   0.4
    -------------------------------------------------------------------------
    Includes                            150   160    10     105.8   0.2   0.6
    -------------------------------------------------------------------------
                                               Hole TDs in 154g/t Ag
    -------------------------------------------------------------------------
    

    (Full drill results can be found at www.bearcreekmining.com. To access
the silver drill hole map directly please refer to
http://www.bearcreekmining.com/i/pdf/072108map.pdf
    Close-spaced drilling on 25 x 50 m centers has been completed on eight
lines spaced throughout the mineralized area. An additional four detailed
lines are planned and will be drilled over the coming weeks. New holes in this
report, including SA-124, SA-133, SA-135 and SA-138 located on three separate
lines, demonstrate that drilling on 25 x 50-meter centers will continue to:

    
    -   Further improve the project economics by intersecting additional
        blind, high-grade silver mineralization that wider-spaced drilling
        might miss;
    -   Establish continuity of mineralization, converting inferred resources
        into measured and indicated resources; and
    -   Convert blocks that were considered to be waste into mineralized
        material and reduce the stripping ratio as drilling density increases
        and expansion drilling continues.
    

    Another extension of a significant structural corridor to the southwest
of the current resource was intersected in hole SA-139 with intervals of 22 m
@ 242 g/t Ag, 14 m @ 183 g/t Ag and 6 m @ 284 g/t Ag. The drill hole extends
the mineralization 300 meters southwest of the first resource estimate, and
mineralization remains open.
    Three drills continue on the property completing close-spaced infill and
deposit extension drilling. Currently, two drills are focusing on confirming
and expanding higher-grade silver zones with the objective of defining plus
90 g/t silver bodies. The third drill is following new extensions, such as the
one discovered by drill holes SA-139 and SA-138.
    Metallurgy-ongoing leach testing continues to support high recoveries in
heap leach conditions in all areas explored to date and across all silver
grade ranges. As reported, column leach testing performed at McClelland
Laboratories indicates that greater than 70% silver recoveries can be expected
in a heap leach (see news release dated Feb 25, 2008). Continuous agitation
bottle roll testing being performed at RDI's testing facilities in Denver,
Colorado indicate similar leaching characteristics to the columns throughout
the deposits. Additional column testing will be performed in the
pre-feasibility stages of the project to further confirm recoveries.
    A second resource estimate is planned for release in September and will
include approximately 156 additional drill holes, over double the number used
in the first resource estimate of January 2008.

    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 David Volkert, P.Geo., Bear Creek's Vice President of
Exploration and/or Marc Leduc, P. Eng., Vice President of Technical Services
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, 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, please visit the Company's website
(www.bearcreekmining.com)


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