Silver Bear Announces High-Grade Infill Channel Sampling Results for the Vertikalny Deposit Open Pit

Silver Bear Resources (“Silver Bear” or the “Company”) (TSX:SBR) is pleased to announce the results of the recent infill channel sampling campaign at the Vertikalny deposit, as well as the beginning of 4,250 metre infill and metallurgical drilling programme within the same deposit. The channel sampling confirms high grade mineralisation within the initial phases of the Vertikalny Central open pit production. The channel samples were taken from the pre-stripped Vertikalny open pit area and were cut perpendicular to the strike of the mineralised vein. The width presented in Table 1 is equal to the true width of the mineralisation.

Silver Bear has retained Tetra Tech to update the mineral resources of the Vertikalny Central deposit and expects to be able to disclose the new mineral resource estimate in the near future. The results will be published in a National Instrument 43-101 (“NI 43-101”) Technical Report to be filed on SEDAR at that time.

Graham Hill, President and Chief Executive Officer, commented:

“The Vertikalny open pit grade control sampling, as we stock pile ore in anticipation of production start early in 2018, continues to deliver significant high-grade results. These impressive results further confirm high grade mineralisation within the initial phases of the Vertikalny open pit production.”

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