Global Exploration Snapshot: Eight companies advancing projects around the world
Bear Creek Mining s Corani silver property in southern Peru. Credit: Bear Creek Mining.
With few mineral discoveries made over the past decade, the industry is now on the lookout for new deposits and future mines. Below, we provide an overview of eight companies, explorers, developers and producers, focused on discovery.
Bear Creek Mining
Bear Creek Mining’s (TSXV: BCM; US-OTC: BCEKF) key asset is the road-accessible 55-sq.-km Corani silver-lead-zinc project in the Andes mountains in southern Peru, 160 km from the city of Cusco.
A November 2019 updated feasibility study for this project defined a 27,000 tonne per day open pit operation, mining the Este, Minas and Main pits. The 15-year mine would produce an average of 9.6 million oz. of silver, 98 million lb. of lead and 69 million lb. of zinc annually over its lifetime (16.3 million silver oz. in the first three years).