Big Bear Mining Corp. Announces Acquisition of Ten Properties in Rattlesnake Hills Wyoming

TEMPE, Ariz., Aug. 5 /PRNewswire-FirstCall/ -- Big Bear Mining Corp (OTC Bulletin Board: BGBR), a U.S. based exploration and development company focused on the acquisition and development of gold and other precious commodity projects, announced today that it has finalized the acquisition of one hundred percent of ten properties in Rattlesnake Hills, located in Natrona County, Wyoming. The company expects that early stages of exploration including mapping, prospecting, and soil sampling will commence immediately and a full exploration program will be announced in the next few weeks.

The company considers the properties to be a viable target for exploration due to their proximity to newly discovered gold mineralization on the adjacent property held by Evolving Gold.  Evolving Gold recently announced a $15M private placement from Gold Corp, who owns the largest gold mine in Canada located in the Red Lake District, to expand their drilling program.

Big Bear has selected Cowboy Exploration based out of Jelm, Wyoming to conduct exploration on the properties.  Cowboy Exploration worked on the properties for their prior owner, Crescent Resources, and based on their familiarity, is expected to be able to commence work quickly.  Our Vice President of Exploration, John Glasscock, will be heading the exploration on the properties and has already mobilized a team of 10 geologists and prospectors.

CEO & President Steve Rix stated, "Having just visited the properties in Rattlesnake Hills, I am very optimistic about their potential. We chose these properties for a number of reasons, one of which is their near term potential for drill targets." Rix added, "Our exploration team is excited, mobilized, and we hope to have results to report sometime this fall."

About Big Bear:

Big Bear Mining Corp is a U.S. based exploration and development company, focused 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.

Notice Regarding Forward-Looking Statements

This news release contains "forward-looking statements", as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future, including but not limited to, beginning an exploration program on the Rattlesnake Hills properties, the near term possibilities that are represented in the Rattlesnake Hills, and how long the work will take and any results from such exploration.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration. We are not in control of metals prices and these could vary to make development uneconomic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our most recent annual report for our last fiscal year, our quarterly reports, and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

SOURCE Big Bear Mining Corp.