Mr. Eric Caba reports

BEAR CREEK MINING FILES NI 43-101 TECHNICAL REPORT FOR MERCEDES MINE

Bear Creek Mining Corp. has filed a technical report (as defined in National Instrument 43-101) regarding the company's Mercedes gold and silver mine in Sonora, Mexico, entitled "NI 43-101 Technical Report, Mercedes Gold-Silver Mine, Sonora State, Mexico." The 2024 Mercedes report is dated effective Sept. 30, 2024, and was prepared on behalf of the company by Global Resource Engineering Ltd.

The 2024 Mercedes report supports the updated Mercedes mineral resource and mineral reserve estimates announced by the company on Jan. 29, 2025. There are no material differences between the scientific and technical disclosure contained in the 2024 Mercedes report and the Jan. 29, 2025, news release, both of which are available to the public on SEDAR+ and on the company's website.

National Instrument 43-101 disclosure

The 2024 Mercedes report was prepared on behalf of the company by Global Resource Engineering Ltd. and the following qualified persons: Terre Lane, MMSA and SME registered member, principal mining engineer at GRE; Todd Harvey, PhD, PE and SME registered member, principal metallurgist at GRE; Hamid Samari, PhD, MMSA, principal geologist at GRE; Larry Breckenridge, PE (Colorado, United States), principal environmental engineer at GRE; Luis Quirindongo, SME registered member, principal geotechnical engineer at GRE; and Donald McIver, FAusIMM member and FSEG member, vice-president of exploration and geology at Bear Creek. Sections of the 2024 Mercedes report for which each QP was responsible are provided in the 2024 Mercedes report. Each of these individuals has read, certified participation in, and consented to the use, public disclosure and filing of the 2024 Mercedes report.

We seek Safe Harbor.