To view Figure 2, please visit the following link: http://media3.marketwire.com/docs/silfig2.pdf
Figure 3 shows a satellite photo and the proximity of the Porphyrovy prospect to the Vertikalny Silver deposit.
To view Figure 3, please visit the following link: http://media3.marketwire.com/docs/silfig3.pdf
Eight trenches have identified four quartz-carbonate veins on the surface with gold-silver-copper mineralization (P1 -P4) that are highlighted in Figure 4. The veins have strike lengths of approximately 600 to 800 m. Details of the trench data are illustrated in Table 1.
To view Figure 4, please visit the following link: http://media3.marketwire.com/docs/silfig4.pdf
To view Table 1, please visit the following link: http://media3.marketwire.com/docs/silt1.pdf
To view Detail Trench data, please visit the following link: http://media3.marketwire.com/docs/silfig5.pdf
To view Table 2, please visit the following link: http://media3.marketwire.com/docs/silt2.pdf
Mr. P. Gribble, FIMMM C.Eng, formerly Sr. Geologist of Tetra Tech WE Inc., is the independent qualified person who prepared the mineral resource estimates disclosed above in Table 2.
Nick Vessenine (PhD. Mining, Moscow State University) has reviewed the technical information in this press release.
Mark Trevisiol P.Eng, President and CEO of Silver Bear and a qualified person under National Instrument 43-101 and has reviewed and approved the content of this press release.
Note that the detail trench data (Table 1 plus Trench sections) is historical in nature and was not prepared in accordance with CIM and NI 43-101 standards and should not be relied upon. A qualified person under NI 43-101 has not done sufficient work to verify and classify the historical data in accordance with NI 43-101 and CIM standards.
This release and subsequent oral statements made by and on behalf of the Company may contain forward-looking statements, which reflect management's expectations. Wherever possible, words such as "intends", "expects", "scheduled", "estimates", "anticipates", "believes" and similar expressions or statements that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved, have been used to identify these forward-looking statements. Although the forward-looking statements contained in this release reflect management's current beliefs based upon information currently available to management and based upon what management believes to be reasonable assumptions, Silver Bear cannot be certain that actual results will be consistent with these forward-looking statements. A number of factors could cause events and achievements to differ materially from the results expressed or implied in the forward-looking statements. Such risks factors include but are not limited to the uncertainties inherent to using historical exploration information collected in accordance with Russian standards, the risks inherent to conducting business in Russia and risks factors identified by Silver Bear in its continuous disclosure filings filed from time to time on SEDAR. These factors should be considered carefully and prospective investors should not place undue reliance on the forward-looking statements. Forward-looking statements necessarily involve significant known and unknown risks, assumptions and uncertainties that may cause Silver Bear's actual results, events, prospects and opportunities to differ materially from those expressed or implied by such forward-looking statements. Although Silver Bear has attempted to identify important risks and factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors and risks that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, prospective investors should not place undue reliance on forward-looking statements. These forward-looking statements are made as of the date of this release, and Silver Bear assumes no obligation to update or revise them to reflect new events or circumstances, unless otherwise required by law.
The head office of Silver Bear Resources is located at:
65 Queen Street WestSuite 805, P.O. Box 71Toronto, ON M5H 2M5
Silver Bear Resources Inc.
President and Chief Executive Officer
65 Queen Street West, Suite 825
Toronto, Ontario, M5H 2M5