11:46 AM EST - Silver Bear Resources Inc. : announced that it has received a National Instrument 43-101 compliant Inferred mineral resource estimate on its Nizhny Endybal prospect area. It is located roughly three kilometers from the current NI 43-101 resource area at Vertikalny on the Mangazeisky property. Silver Bear has delineated a new and additional Inferred resource of 13.5 million ounces of Silver at a grade of 133g/t Ag there. Now, the Company's total NI 43-101 compliant resources on its Mangazeisky property are 1.1 million tonnes containing 17.9 million ounces silver at 518 Ag/t of Indicated mineralization and 4.3 million tonnes containing 43.5 million ounces silver at 282 g/t Ag of Inferred mineralization. This represents a 44% increase in Inferred resources over previous resource statements. Silver Bear Resources Inc.
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