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Bearing Announces Results From and Return of the Zymo

Bearing Announces Results From and Return of the Zymo Copper-Gold
Project, BC 
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 10/22/12 -- Bearing
Resources Ltd. ("Bearing", or the "Company") (TSX VENTURE:BRZ)
announces the drill results for the Company's 2,322 metre (7 hole)
drill program completed on the Zymo Copper-Gold Project ("Zymo")
located 45 kilometres west of Smithers in British Columbia. This is a
second phase of exploration by Bearing that initially began in 2011
and that has included diamond drilling, property wide prospecting,
and targeted soil geochemistry and geophysics. After a thorough
review of the results the Company has elected to relinquish its
option to earn a 65% interest in the project from Eastfield Resources
Ltd.  
Details of the recent drilling are presented below. Drill intervals
reported are core lengths and true widths are not known. Copper
equivalent calculations do not take into account metallurgical
recoveries and are based on in-ground metal using metal prices of
US$1,200/ounce for gold and US$2.50/pound for copper.  


 
----------------------------------------------------------------------------
                      From      To  Interval      Au      Cu      Ag    CuEq
Hole ID   Target       (m)     (m)       (m)   (g/t)     (%)   (g/t)     (%)
----------------------------------------------------------------------------
ZY12-29   FM       Lost at                                                  
                      27 m                                                  
----------------------------------------------------------------------------
ZY12-29B  FM           114     258       144    0.08    0.16            0.22
----------------------------------------------------------------------------
ZY12-30   RD           177     180         3    0.22    0.19    47.9        
----------------------------------------------------------------------------
including              231     234         3    0.99    0.91    72.8        
----------------------------------------------------------------------------
ZY12-31   RD                            No sig. results                     
----------------------------------------------------------------------------
ZY12-32   Hobbes       6.3     300     293.7    0.16    0.21            0.32
----------------------------------------------------------------------------
Including              6.3     180     173.7    0.20    0.26            0.40
----------------------------------------------------------------------------
ZY12-33   Hobbes                        No sig. results                     
----------------------------------------------------------------------------
ZY12-34   Hobbes         9     306       297    0.07    0.12            0.17
----------------------------------------------------------------------------
including              219     306        87    0.08    0.15            0.21
----------------------------------------------------------------------------

 
Drill core was sampled in three-metre intervals and cut with a
diamond saw with one-half of the core placed in sealed plastic bags
and delivered to Acme Analytical Laboratories Inc. ("Acme") in
Smithers for crushing and pulverizing. Sample pulps were then
analysed by Acme in their Vancouver lab following aqua regia
digestion by ICP-MS. As part of the company's QA/QC (quality
assurance/quality control) procedures, standards and blanks were
inserted into the sample batches. ACME is an ISO 9001-registered
laboratory and has a quality control program in place which includes
the insertion of standard, blank and duplicate samples, as well as
conducting repeat analyses. Field work and project management was
under the direct supervision of Bruce Laird, P. Geo.. Robert Cameron,
P.Geo., who is a qualified person within the context of National
Instrument 43-101, has read and takes responsibility for this news
release. 
About Bearing Resources 
Bearing is a Canadian based precious and base metal exploration
company with projects located in British Columbia, the Yukon and
Mexico. Bearing is exploring at the approx. 40,000 hectares Mapimi
gold-silver project located in the Altiplano Region of eastern
Durango, Mexico. The Company's Mount Polley and October Dome
copper-gold projects are located in British Columbia near Imperial
Metals Corporation's ("Imperial") Mt. Polley copper-gold mine and
includes a production royalty on the Boundary property, with
Imperial. In the Yukon, the company has three projects optioned out
including the Flume Project where Ryan Gold Corp. has been granted a
right to earn up to 75% interest.  
BEARING RESOURCES LTD. 
Robert Cameron, President & CEO 
This news release includes certain "forward-looking statements" under
applicable Canadian securities legislation. Such forward-looking
statements or information, including but not limited to, those with
respect to potential future and exploration potential of anomalies
and properties involve known and unknown risks, uncertainties, and
other factors which may cause the actual results, performance or
achievements of Bearing to be materially different from any future
results, performance or achievements expressed or implied by such
forward-looking statements or information. Such factors include,
among others, the actual prices of commodities, the factual results
of current exploration, development and mining activities, changes in
project parameters as plans continue to be evaluated, as well as
those factors disclosed in documents filed from time to time with the
securities regulators in the applicable Provinces of British Columbia
and Alberta.  
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release. 
Contacts:
Bearing Resources Ltd.
Robert Cameron
(604) 682-5546
rcameronr@bearingresources.ca 
Bearing Resources Ltd.
Paul Reinhart
(604) 488-4907
preinhart@bearingresources.ca
www.bearingresources.ca
 
 
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