April 19, 2010 (PR Newswire) – SCOTTSDALE, Ariz., April 19 /PRNewswire-First Call/ –Big Bear Mining is pleased to announce that they have entered into an agreement for 100% interest in 3 claims in the Birch/Uchi portion of the Red Lake Mining Division. This group is located in Goodall Township and comprises 3 claims for a total of 96 acres. These claims are within the Washagomis Lake shear zone which is part of the Swain Lake fault and host multiple high grade quartz veins that assay as high as 5.14 oz/ton gold. Diamond drilling intersected isolated gold values ranging between 140 and 260 ppb Au. (refer to Ontario Geological Survey Open File Report 5835)
Mr. Steve Rix, President of Big Bear Mining Corp stated "At Big Bear we recognize that a diversified approach to our exploration is critical to insuring our mission of identifying near term producing properties. We will continue to cooperate with well seasoned and proven veterans of the industry to demonstrate to our shareholders our commitment to success."
About Big Bear Mining Corp.:
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.