April 6, 2010 (FinancialWire) — – Big Bear Mining Corp. (OTCBB: BGBR) said it has entered into an option agreement with Rubicon Minerals Corp. (AMEX: RBY) prospector Perry English for a 100% interest in the Skinner and Shabu Lake properties located in the Red Lake Mining Division of Northwestern Ontario, Canada.

Under the agreement, Big Bear shall be required to make a total cash payment of $200,000 in order to acquire the 100% interest.

The property comprises 14 mineral claims and covers around 6,680 acres and is accessible by road, according to Big Bear. Previous exploration was hampered by inaccessibility but the construction of an all-season logging road in recent years has alleviated this and enhanced the possibility of discovering new gold and base metal zones, the company said.

Arizona-based Big Bear Mining is a US based exploration and development company, focusing on the acquisition and development of gold and other precious commodity projects.

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