Big Bear Mining Corp. Commences Initial Field Work on Skinner and Shabu Lake Claims

TEMPE, Ariz., April 22 /PRNewswire-FirstCall/ -- Big Bear Mining Corp. (OTC Bulletin Board: BGBR) is pleased to announce that consulting geologists have commenced an initial on site review of a portion of our Skinner and Shabu lake claims (the "Property") located in the Red Lake Mining Division of Northwestern Ontario, Canada. The purpose of the assessment is to determine the scope of Big Bear's exploration program on the Property in 2010.  Once an assessment of the scope and cost of the proposed work program is completed Big Bear anticipates commencing exploration on the Property as soon as feasible.

"We look forward to establishing the parameters of our upcoming exploration program and are excited to cooperate with well-seasoned and proven veterans of the industry to assess the full potential of the Property," stated Steve Rix, President of Big Bear.  

About the Property

The Property comprises 14 mineral claims and covers approximately 6,680 acres and is accessible by road. The Property has multiple reported gold occurrences (Ontario Geological Survey Open File Report 5835) as well as multiple documented copper/nickel occurrences (Preliminary Map P973 Shabumeni River - Narrow Lake area).

Previous exploration was hampered by inaccessibility but the construction of an all-season logging road in recent years has alleviated this and enhanced the possibility of discovering new gold and base metal zones. In addition, follow up work on previous occurrences is now more economically viable.

Gold occurrences located on this claim group include the Flint Rock Mines Ltd. occurrence (Shabu Lake occurrence), the Leonard Lake occurrences and the Madsen Red Lake Gold Mines occurrences. Assays from drill holes and surface sampling on these known occurrences range from .01 oz/ton to .85 oz/ton.

The adjoining Bathurst Mine had limited early day production 307.5 oz gold and 92 oz silver (Rogers and Young 1930; Harding 1936; Sinclair et al. 1934, 1938, 1939; Bathurst Mines Ltd., assessment files, Resident Geologist's office Red Lake). Numerous high grade quartz veins on the Bathurst Mine property have assayed greater that 4 oz/ton.

About Big Bear Mining Corp.:

bigbearmining.com

Big Bear Mining Corp. is a US based exploration and development company, focusing on the acquisition and development of Gold and other precious commodity projects which demonstrate high probability for near term production. Big Bear is a fully reporting company quoted on the OTCBB under the symbol BGBR.

"Safe Harbor" Statement: Under The Private Securities Litigation Reform Act of 1995: The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from new products in development are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995.

Certain oral statements made by management from time to time and certain statements contained in press releases and periodic reports issued by Big Bear (the "Company"), as well as those contained herein, that are not historical facts are "forward-looking statements" within the meaning of Section 21E of the Securities and Exchange Act of 1934 and, because such statements involve risks and uncertainties, actual results may differ materially from those expressed or implied by such forward looking statements.

SOURCE Big Bear Mining Corp.

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED