Values

Bear Creek Mining Corporation is committed to achieving a highly professional exploration and project development process that is sensitive to local economic and environmental concerns. As a responsible organization, our principal objective is to maximize long-term benefits to shareholders while minimizing any adverse environmental impacts from operations, and providing a safe and healthy workplace. Our extensive experience in Peru has allowed us to develop strong relationships within communities, which have broadened our knowledge of complex social and environmental issues related to exploration and project development. Bear Creek is dedicated to integrating all health, safety, environmental, and social considerations into all aspects of management and decision-making and positively contributing to future generations in Peru.

Bear Creek Mining Corporation -- Sampling and Assay Procedure, Quality Control

Sampling Procedure

Surface samples -- Bear Creek personnel collect all surface samples, including rock, soil and stream sediment samples. Respective samples are collected and immediately bagged, numbered and sealed. Sample bags are normally transported to Bear Creek's Lima office by Bear Creek vehicles where ALS Chemex is called and picks up the samples for delivery to their laboratory for preparation and assay. On occasion the samples are shipped directly to ALS Chemex (Lima laboratory) by local bus transport.

Drill samples -- Rock cores are taken from the drill hole and put in boxes marked with hole number and depth information by the drill contractor. The core is washed, measured, marked for sample intervals and photographed. A geologist then logs the core by noting sample quality, rock type, alteration, veining, sulfide content and other pertinent information that may influence mineralization. Support staff then saw the core in half lengthwise or halves the core with a manual splitter and places half of the core for each marked sample interval in a bag labeled with the sample number, and the bag is sealed immediately. Sample bags are transported directly to ALS Chemex (Lima laboratory) by local bus transport or to Bear Creek's Lima office by Bear Creek vehicles where ALS Chemex is called and picks up the samples for delivery to their laboratory for preparation and assay.


Assay Procedure/Quality Control

Bear Creek has implemented a quality control program to ensure regulatory "best practices" in lithogeochemical sampling and analysis of drill and surface samples. All samples are shipped in security sealed bags to ALS Chemex Labs in Lima, Peru. ALS Chemex is an ISO 9001:2000-registered laboratory and is preparing for ISO 17025 certification.

Drill core and surface rock samples are dried and crushed to -10 mesh size (70 percent smaller than 2mm) then a 250 gram split is pulverized to --200 mesh (85% smaller than 75 microns). Soil and stream sediment samples are dried and sieved to --80 mesh. All procedures are completed at ALS Chemex's Lima laboratory

All samples are routinely assayed by conventional fire-assay methods for gold at the Lima lab and for 34 elements through digestion in an aqua regia acid solution followed by Inductively Coupled Plasma-Atomic Emission Spectroscopy ("ICP-AES") analysis.

Bear Creek has separately purchased its own standards, which are inserted "blind" to the lab in the sample sequence. Bear Creek knows the values that should be returned for these standard samples, but the lab does not, and the standards act as an outside test of the lab's accuracy of analysis. Field duplicates are also used in the QC program as precision checks at ALS Chemex located in Lima, Peru and Vancouver, BC.

Andrew Swarthout, Bear Creek's President and CEO oversees all exploration programs and is Bear Creek's Qualified Person ("QP") for this purpose as required under NI 43-101. David Volkert, Bear Creek's Vice President of Exploration directly manages the field programs and reports directly to Andrew Swarthout.

NI 43-101 DISCLOSURE

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., Chief Operating Officer, Christian Rios, P.Geo, Member of AIPG, Exploration Manager 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.