Bearing Resources Ltd ("Bearing"  or the "Company") (TSX-V: BRZ) is pleased to announce that further to the news release dated November 28  2012 that the Company has signed a Definitive Agreement with Patriot Minefinders Ltd ("Patriot") (OTCBB:PROF) whereby Patriot may earn up to a 75% interest in the 13 400 hectare Kilometer 66 ("KM66"  also known as Mapimi) silver-gold-lead-zinc property located in Durango  Mexico