Bear Creek announces promotion of Peruvian GM Elsiario Antunez de Mayolo to Chief Operating Officer

VANCOUVER, Aug. 6, 2013 /CNW/ - Bear Creek Mining (TSX Venture: BCM / BVL: BCM) ("Bear Creek" or the "Company") is pleased to announce the promotion of Mr. Elsiario Antunez de Mayolo to Chief Operating Officer, effective immediately. Mr. Antunez de Mayolo will continue as General Manager of the Peruvian subsidiaries, a position he has held since joining the Company in March, 2010.

Andrew Swarthout, President and CEO, states "Elsiario leads our highly respected team in Peru and has created working relationships with the Peruvian government and regulatory authorities that are unparalleled in our sector. The accomplishments of his team over the past year with respect to obtaining the Corani social license have been widely acclaimed by the Peruvian government as a model for mining companies in Peru. His promotion to COO recognizes his value to Bear Creek as we proceed towards Corani ESIA approval and resolution of Santa Ana. I take this opportunity to express our deepest gratitude on behalf of the Board of Directors for the efforts and accomplishments of Elsiario and the entire Peruvian-based team."

In conjunction with the appointment, 250,000 stock options have been granted at a price of $1.85 per share, exercisable on or before August 2, 2018. These options are exercisable for a five-year period and the grant is subject to vesting provisions in accordance with the Company's Stock Option Plan.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Bear Creek Mining Corp.