X

Big Bear Mining Corp. (BGBR.OB) is “One to Watch”

Big Bear Mining Corp. is a U.S-based exploration and development company. The Company focuses on the acquisition and development of gold and other precious commodity projects that demonstrate high probability for near term production. Their business plan focuses on the long-term exploration and development of their mineral properties. Incorporated in the State of Nevada on April 14, 2005, the Company’s headquarters are in Scottsdale, Arizona.

The Company’s mission is to build shareholder value by positioning Big Bear Mining as a leading multi-commodity exploration company. On March 16, 2010, Big Bear Mining Corp. launched a diversified energy and metals exploration program. This program focuses on identifying and exploring strategic high value properties and developing new prospective projects throughout North America and abroad. The Company’s plan includes establishing wholly owned corporate identities in multiple strategic minerals and high value commodity projects. The Company’s management will initially focus on gold projects.

On March 29, 2010, Big Bear Mining Corp. announced that they incorporated a wholly owned Gold Exploration subsidiary “Golden Bear Mining Corp.” Further to their previous announcement on March 19, 2010, Big Bear will continue to establish wholly owned corporate identities in multiple high value commodities and strategic minerals.

Earlier this month, Big Bear Mining Corp. announced that they entered into an option agreement with well-known prospector Perry English. This is for a 100 percent interest in the Skinner and Shabu Lake properties in the prolific Red Lake Mining Division of Northwestern Ontario, Canada. The properties comprise 14 mineral claims and cover approximately 6,680 acres. An initial work program is currently undergoing formulation to assess the full potential of the properties.

Last week, Big Bear Mining Corp. announced the acquisition of a new group of claims in the Birch/Uchi portion of the Red Lake Mining Division. The group of claims is in Honeywell and McNaughton Township. They comprise 9 claims for a total of 4,104 acres. On Monday of this week, the Company announced that they entered into an agreement for 100 percent interest in 3 claims. These claims are in the Birch/Uchi portion of the Red Lake Mining Division and encompass a total of 96 acres.

Yesterday, Big Bear Mining announced that Mr. John Glasscock joined the Board of Directors. Mr. Glasscock is a geologist with more than 25 years of experience in the mineral exploration industry. This includes involvement with the startup of four junior mining companies. He is the founder of Cowboy Exploration. For over 15 years, Cowboy Exploration has had extensive experience generating and managing projects throughout the Western United States, Mexico, and China.

Let us hear your thoughts below:

Related Post