July 5, 2016, Vancouver, B.C. - Bear Creek Mining Corporation (TSX Venture: BCM) ('Bear Creek' or the 'Company') confirms that as of the date of this news release, there are no material corporate developments and the Company is not aware of any undisclosed material developments that would cause the recent movements in the Company's share price. Management notes recent improvements in metal prices, particularly the price of silver, are likely to have had an influence on the Company's share price in recent days as its flagship Corani Project in Peru is one of the world's largest undeveloped silver properties and its value is highly leveraged to silver prices.

On behalf of the Board of Directors,

Andrew Swarthout
President and CEO

For further information contact:
Barbara Henderson, Director of Investor Relations
Direct: 604-628-1111
E-mail: [email protected]
Or visit www.bearcreekmining.com

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.