Bear Creek announces step-out drilling at Santa Ana - Encounters higher-grade silver - Mineralization remains open



    VANCOUVER, Jan. 22 /CNW/ - Bear Creek Mining (TSX Venture: BCM) ("Bear
Creek" or the "Company") is pleased to announce results for 27 additional
diamond drill holes (4,962.1 meters). Drilling at Santa Ana now totals
55,574.1 meters in 306 drill holes. Santa Ana is located 200 kilometers south
of the Company's world-class Corani silver-base metal deposit in southeastern
Peru. Highlights of this press release include:

    
    -   Drill hole SA-177 intersects 46m @ 273.7 g/t Ag and 1.0% Zn,
        including 10m @ 1147.6g/t Ag and 2.9% Zn (one 2m interval with
        3000 g/t Ag).

    -   Drill hole SA-186 intersects 46m @ 90.0 g/t Ag and 0.9% Zn,
        including 16m @ 222.3 g/t Ag.

    -   Drill hole SA-183 intersects 162m @ 51.6 g/t Ag, including 4m @
        269.5 g/t Ag and 2.5% Zn.

    -   Drill hole SA-133A intersects 91m @ 47.6 g/t Ag and 0.9% Zn,
        including 4m @ 196 g/t Ag and 1.5% Zn.

    -   Drill hole SA-191 intersects 48m @ 47.5 g/t Ag, including 8m @
        112.8 g/t Ag.

    -   At the extreme north end of the current drilling, drill hole SA-194A
        intersects 74m @ 51.4 g/t Ag and drill hole SA-195 intersects 22m
        @ 123.9 g/t Ag.

    -   Drilling continues to intersect blind high grade mineralization.

    -   Mineralization remains open laterally and at depth.
    

    Andrew Swarthout, President and CEO of Bear Creek, states "We are very
encouraged by the results of step-out drilling 400 meters north of our current
resource limit where near-surface mineralization up to four times the average
resource grade have been encountered over robust intervals. The mineralization
remains open under the thin soil cover. These results, in conjunction with the
higher-grade infill drilling completed during the past several months, are
expected to further increase the contained silver and convert inferred
resources into measured and indicated as we proceed towards a new resource
estimate for the Preliminary Economic Assessment. The recent drilling confirms
that Santa Ana continues to be an important emerging silver discovery with
significant alternatives for development focusing on higher-grade, leachable
silver ores at low stripping ratios."
    New drilling results are as follow. All intercepts are down-hole lengths
and true widths have not been calculated.

    
    -------------------------------------------------------------------------
                                                            Silver
    Drill                                          Interval (grams
    Hole     Azimuth Inclination Total  From   To     (m)    per
    No.     (degrees) (degrees)  Depth   (m)   (m)    DTH   tonne) Lead  Zinc
                                  (m)                               (%)   (%)
    -------------------------------------------------------------------------
    SA-2C        90       -85      418     1    24    23    52.0    0.3   0.5
    -------------------------------------------------------------------------
    includes                               1     6     5    86.7    0.5   0.4
    -------------------------------------------------------------------------
                                         124   130     6   455.0    0.8   1.2
    -------------------------------------------------------------------------
    SA-133A      90       -85    461.8    15   106    91    47.6    0.4   0.9
    -------------------------------------------------------------------------
    includes                              18    22     4   117.5    0.3   0.1
    -------------------------------------------------------------------------
    and                                   90    94     4   196.0    0.7   1.5
    -------------------------------------------------------------------------
                                         156   170    14    61.6    3.4   1.4
    -------------------------------------------------------------------------
    includes                             158   164     6   118.7    5.7   2.4
    -------------------------------------------------------------------------
                                         224   232     8    81.3    2.0   0.5
    -------------------------------------------------------------------------
    SA-177       90       -70    165.4     0    62    62    31.0    0.4   0.5
    -------------------------------------------------------------------------
                                          98   144    46   273.7    0.9   1.0
    -------------------------------------------------------------------------
    includes                              98   108    10  1147.6    3.5   2.9
    -------------------------------------------------------------------------
                                          36   108    72       -    0.9   1.5
    -------------------------------------------------------------------------
    SA-179       90       -70    158.2     6    56    50    40.0    0.3   0.5
    -------------------------------------------------------------------------
    includes                              24    36    12    78.8    0.4   0.6
    -------------------------------------------------------------------------
                                          96   110    14    77.4    0.4   1.1
    -------------------------------------------------------------------------
    includes                              96   100     4   194.5    0.5   1.5
    -------------------------------------------------------------------------
                                         126   128     2   141.0    0.2   0.3
    -------------------------------------------------------------------------
                                          34   108    74       -      -   0.9
    -------------------------------------------------------------------------
    SA-180       90       -70    162.6    10    22    12    40.2    0.2   0.2
    -------------------------------------------------------------------------
                                          44    54    10       -      -   1.1
    -------------------------------------------------------------------------
    SA-181       90       -70      173     8    14     6      69    0.3   0.4
    -------------------------------------------------------------------------
                                         116   122     6    79.7    0.2   0.3
    -------------------------------------------------------------------------
                                         132   140     8    94.3    1.0   1.8
    -------------------------------------------------------------------------
                                                     TDs in 59g/t Ag
    -------------------------------------------------------------------------
    SA-182       90       -70    183.5    46    62    16    56.9    0.5   0.9
    -------------------------------------------------------------------------
    includes                              50    54     4     110    0.6   0.9
    -------------------------------------------------------------------------
                                          78   126    48    35.5    0.4   0.7
    -------------------------------------------------------------------------
    includes                             118   126     6    77.3    0.2   0.3
    -------------------------------------------------------------------------
                                         142   154    12    52.3    0.2   0.2
    -------------------------------------------------------------------------
    includes                             152   154     2     162    0.4   0.2
    -------------------------------------------------------------------------
    SA-183       90       -70    194.5    28   190   162    51.6    0.2   0.4
    -------------------------------------------------------------------------
    includes                              28    32     4   269.5    2.3   2.5
    -------------------------------------------------------------------------
    and                                   54    60     6   108.3    0.1   0.2
    -------------------------------------------------------------------------
    and                                  140   142     2   390.0    0.1   0.4
    -------------------------------------------------------------------------
    SA-184       90       -70    173.2     8    20    12      47    0.5   0.5
    -------------------------------------------------------------------------
    SA-185       90       -70    192.5   154   193    39    38.7    0.4   1.0
    -------------------------------------------------------------------------
    includes                             168   174     6      87    0.4   0.8
    -------------------------------------------------------------------------
                                         124   193    69       -      -   0.9
    -------------------------------------------------------------------------
    SA-186       90       -70      150    20    66    46    90.0    0.6   0.9
    -------------------------------------------------------------------------
    includes                              50    66    16   222.3    0.9   0.7
    -------------------------------------------------------------------------
                                          18    56    38       -      -   1.0
    -------------------------------------------------------------------------
    SA-187      270       -60      166      No significant intervals (PMT)
    -------------------------------------------------------------------------
    SA-187A      90       -60    200.5    50    74    24    81.0    0.4   0.7
    -------------------------------------------------------------------------
                                         100   102     2   188.0    0.2   0.7
    -------------------------------------------------------------------------
                                         126   162    36       -      -   0.9
    -------------------------------------------------------------------------
    SA-188       90       -70      166     2    18    16    39.9    0.2   0.3
    -------------------------------------------------------------------------
                                          30    42    12    32.7    0.4   0.9
    -------------------------------------------------------------------------
                                          56    84    28    64.1    0.4   0.6
    -------------------------------------------------------------------------
    includes                              60    72    12   120.2    0.5   0.5
    -------------------------------------------------------------------------
                                         140   160    20    61.4    0.4   0.2
    -------------------------------------------------------------------------
    includes                             150   158     8   102.5    0.3   0.1
    -------------------------------------------------------------------------
    SA-189      270       -60      172    12    38    26    40.4    0.3   0.4
    -------------------------------------------------------------------------
                                          52    64    12   119.7    0.4   0.5
    -------------------------------------------------------------------------
    includes                              56    62     6   208.3    0.5   0.6
    -------------------------------------------------------------------------
    SA-189A      90       -70      150     8    30    22    27.2    0.2   0.2
    -------------------------------------------------------------------------
    SA-190       90       -70    170.8    44    80    36    37.4    0.2   0.5
    -------------------------------------------------------------------------
    includes                              48    58    10    75.6    0.3   0.7
    -------------------------------------------------------------------------
                                         110   112     2   183.0    0.3   0.4
    -------------------------------------------------------------------------
    SA-191      270       -60      157    22    70    48    47.5    0.2   0.4
    -------------------------------------------------------------------------
    includes                              48    56     8   112.8    0.2   0.5
    -------------------------------------------------------------------------
    SA-191A      90       -70      131    24    32     8    33.3    0.1   0.4
    -------------------------------------------------------------------------
    SA-192       90       -70    149.5    58    72    14       -      -   0.9
    -------------------------------------------------------------------------
    SA-193       90       -60    143.8    40    48     8    41.8    0.5   0.8
    -------------------------------------------------------------------------
                                          84    98    14       -      -   0.9
    -------------------------------------------------------------------------
    SA-194      110       -60    133.5    10    18     8    54.5    0.7   0.9
    -------------------------------------------------------------------------
                                          50    72    22    26.3    0.2   0.6
    -------------------------------------------------------------------------
    SA-194A     290       -60      188    10    84    74    51.4    1.5   1.7
    -------------------------------------------------------------------------
    includes                              66    84    18   131.3    3.5   5.1
    -------------------------------------------------------------------------
                                         118   160    42    21.6    0.6   0.6
    -------------------------------------------------------------------------
    SA-195       90       -70    112.3    10    32    22   123.9    0.3   0.4
    -------------------------------------------------------------------------
    SA-196       90       -70      184    84   124    40    71.3    0.4   0.6
    -------------------------------------------------------------------------
    includes                              84    92     8   166.8    0.5   0.8
    -------------------------------------------------------------------------
    SA-197       90       -70      149    42    60    18    74.9    0.4   0.7
    -------------------------------------------------------------------------
                                          80   122    42      34    0.2   0.5
    -------------------------------------------------------------------------
    SA-198       90       -70      156   138   144     6    65.3    0.6   1.3
    -------------------------------------------------------------------------

    (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/SantaAnamap2009.pdf)
    

    A higher-grade core in the north central part of the current resource
(see news release dated September 4th 2008) now measures approximately 250
meters north-south and 150 meters east-west. This core, which outlines a
higher-grade starter pit, contains significant intervals of plus one kilo
silver (e.g hole SA-177 with 10 meters @ 1148 g/t Ag). Other previously
reported holes with intervals containing greater than 1kg silver in this core
include SA-22, 29, 124, 125, 154, 133, 135.
    Exploration drill holes in the north part of the project continue to
intersect blind, higher-grade structures 350 to 400 meters north of the latest
resource limit as demonstrated by hole SA-191 with 8 meters @ 112.8 g/t Ag and
holes SA-194A and SA-195 that intersected 74 meters @ 51.4 g/t Ag and 22
meters @ 123.9 g/t Ag respectively. This clearly demonstrates the potential
for increasing the size and grade of the deposit to the north and northwest
along strike.
    Mineralization also remains open to the east where drill hole SA 190
intersected two mineralized intercepts on the eastern limits of the resource.
While one intercept occurs at 110 meters depth, these results indicate
potential for shallower mineralization east of the resource under untested
post-mineral cover.
    Drilling continues to provide confidence for the expansion of the total
resource and the conversion of inferred resources into measured and indicated
categories for the third resource estimate to be done in conjunction with the
upcoming Preliminary Economic Assessment ("PEA").
    Preliminary Economic Assessment/Scoping Study: Completion of the PEA is
on-target for Q2 2009. Drilling will likely resume in Q2 '09 with equipment
capable of drilling large-diameter drill core for continued metallurgical work
designed to evaluate silver recoveries under a variety of crush sizes. Column
leach tests indicate recoveries of 70% silver (see news release dated July
21st 2008). Future metallurgical testing will focus on optimizing the
recoveries for run-of-mine and coarser crush sizes for cost trade-off studies
at the prefeasibility level.

    
    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, 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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