The Saint-Sauveur-based company just signed a deal with institutional investor Caisse de dépôt et placement du Québec.

A new study has increased the mine life by three years to 15 years, boosted annual production by 25%.

The early-stage study suggests a feed contribution of 2,800 t/d from the Piaba underground to the existing 8,000 t/d plant at the site.

In March 2020, Bear Creek Mining announced it had engaged BNP Paribas and Société Générale for a $400 million senior secured credit facility.

Drilling at property in Ontario has returned high-grade intercepts of up to 4.28 g/t total platinum group metals (PGM) over 9.2 metres.

Indicated resources for the North Corridor are at 505,300 tonnes at 5.35 g/t gold, for a total of 86,860 oz.

The property is located in Manitoba and sits on the north-western extension of the Thompson Nickel Belt.

The Calgary-based miner wants GoldSpot to analyze extensive geoscience data collected over the years at the project.