Big Bear Mining Corp Announces Details of Exploration Program on Rattlesnake Hills Claims in Natrona County, Wyoming
TEMPE, Ariz., Sept. 15 /PRNewswire/ -- Big Bear Mining Corp (OTC Bulletin Board: BGBR), a U.S. based exploration and development company focused on the acquisition and development of gold and other precious commodity projects, announced today the details of the current exploration program being conducted in the Rattlesnake Hills located in Natrona County, Wyoming. Since acquiring the claims five weeks ago the company has contracted Cowboy Exploration to conduct management of the exploration efforts. Prior to BGBR, Cowboy has had extensive experience in Rattlesnake Hills and has been able to help us accelerate the efficiency of our program at this stage in the season. The current program is in progress including reconnaissance and detailed geologic mapping, prospecting, and soil sampling.
The company has now identified targets on two of the claim blocks and plans to drill several diamond core holes totaling from 5000 ft. before the season ends. The permitting process is underway and approval for this drilling plan is expected shortly. Additional work has already enabled early stage planning for next season's drilling program. Due to the remote nature of additional prospective drill sites, road engineering and surface land negotiations are currently in final design phases.
These properties are considered to be a viable target for exploration due to their proximity to newly discovered gold mineralization on the adjacent property held by Evolving Gold.
The efforts of Cowboy along with the expertise of well known geological consultants Charles Ferguson and Kent Ausburn have made considerable progress in a short period of time with over 1,200 samples already at the lab awaiting results.
CEO & President Steve Rix stated, "We are encouraged by the preliminary data we have reviewed on our various properties. After reviewing the complete data set, we intend to announce our plans for future exploration on these claims. There is quite a bit of news coming out of Rattlesnake Hills lately and we hope our shareholders see our commitment to becoming part of the chain of good news by our aggressive efforts on these newly acquired claims."
About Big Bear:
Big Bear Mining Corp is a U.S. based exploration and development company, focused 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.
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements", as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future, including but not limited to, beginning an exploration program on the Rattlesnake Hills properties, that the program will include reconnaissance and detailed geologic mapping, prospecting, and soil sampling, that the company may drill several diamond core holes totaling from 5000 ft. before the season ends, the status and timing of the permitting process, or the commencement of early stage planning for next seasons drilling program.
Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration. We are not in control of metals prices and these could vary to make development uneconomic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our most recent annual report for our last fiscal year, our quarterly reports, and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
SOURCE Big Bear Mining Corp
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