The license includes production from its Vertikalny deposit and offers for a minimum production rate of 180,000 tonnes of ore per year.
Silver Bear Resources CEO Mark Trevisiol said, "This achievement now opens the way for the next phase in the project’s development."
The company is planning to provide an update in the coming weeks on its Mangaziesky property exploration, which was conducted through the summer of 2013.
Silver Bear Resources is involved in the evaluation, acquisition, exploration, and development of silver properties in the Russian Federation.