Peru junior jumps after visit by President Castillo

Peru president Pedro Castillo heard good words the community of Corani, which is also near Bear Creek Mining's silver project.

Today the company (CVE:BCM) traded up 27% to $1.71.

Last week representatives from the towns and villages of the Corani District were received by the President of Peru, Pedro Castillo Terrones at the Presidential Palace.

"During the meeting community representatives formally and unequivocally expressed their support for Bear Creek Mining's development, construction and operation of the Corani silver deposit. President Castillo in turn welcomed their statement of support, declared that, 'investment with responsible companies' is welcome in Peru, and committed to the delegation that he and the Peruvian government will support development of the Corani project in order to bring the project to fruition, stating he 'will take Corani as an example for future investment desires'," wrote the company.

Bear Creek said it has been granted all key permits for its Corani project.

By Michael McCrae

For Kitco News

Follow michaelmccraemmccrae@kitco.comwww.kitco.com Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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