Silver Bear 3Q produced over 1501K Oz of silver

Sold a total of 1,514,374 ounces of silver in 3Q 

Silver Bear Resources announces the filing its unaudited financial results for the three and nine-month period ended 30 September 2020, including development highlights from its Mangazeisky silver project in Far East Russia.

For complete details of the unaudited Interim Consolidated Financial Statements and associated Management's Discussion and Analysis please refer to the Company's filings on SEDAR. 

During the nine-month period ended 30 September 2020 the Group production statistics included, 1: Mined a total of 89,703 tonnes of ore, processed 80,748 tonnes of ore, producing a total of 1,501,123 ounces of silver; 2: Sold a total of 1,514,374 ounces of silver totalling production revenue of US$ 28,410,544 and reported a total comprehensive loss of $42,468,501 and an accumulated deficit of $232,055,475. 

3: In August 2020, the Group has started its 2020 exploration drilling activities, about 4,000 metres of core drilling program is expected to test the both flanks of Vertikalny deposit where previous work has identified possible additional resources, to further test the Porfirovy deposit to the south and also additional infill drilling at the Mangazeisky North resource. 

As of the date of this report, the Group confirms there have been no major disruptions at either sites or to the Group's planned production and operations due to the Covid-19 pandemic.