BRIEF-Silver Bear announces positive updated mine plan and feasibility study at the Mangazeisky Silver Project, Yakutia, Russia

Tue Oct 4, 2016 6:25am EDT
 
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Oct 4 (Reuters) - Silver Bear Resources Inc

* Company is on track to commence steady state production starting in Q1 2017

* Updated Mangazeisky mine plan requires no change to process facility design and associated infrastructure

* Silver Bear announces positive updated mine plan and feasibility study at the Mangazeisky Silver Project, Yakutia, Russia

* 66% increase in pre-tax NPV to US$132.6 million for Vertikalny Central deposit of its Mangazeisky Silver Project Source text for Eikon: Further company coverage: