Vancouver, British Columbia–(Newsfile Corp. – February 24, 2023) – Bear Creek Mining Corporation (TSXV: BCM) (OTCQX: BCEKF) (BVL: BCM) (“Bear Creek” or the “Company”) announces production guidance for its Mercedes Gold Mine (“Mercedes”) in Sonora Mexico of 65,000 to 75,000 ounces of gold during 2023. Average cash cost per gold ounce is expected to be in the range of $830 – $940 with All in Sustaining Cost (“AISC”) between $1,120 and $1,290 per gold ounce.