     
| Champion Minerals reports favourable iron recoveries from metallurgical tests at Fire Lake North with no significant contaminants reporting to concentrate |
Toronto (Canada), August 24, 2010 – CHAMPION MINERALS INC. (TSX-V: CHM; FSE: P02) (“Champion” or the “Company”) is pleased to announce that initial orientation metallurgical tests from the 2009 Fire Lake North drill core samples are producing excellent recoveries using gravity separation at a standard grind size to produce concentrate grading 65% Iron. Furthermore and significantly, no contaminants report to the iron oxide concentrate outside of market specifications. The Fire Lake North Claims are located within the Fermont Iron Property in the Fermont Iron Ore District of northern Quebec.
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Champion Minerals Inc. 24 Aug 2010 - 16:57 |
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| Champion Minerals issues Updated Inferred Resource estimate of 388 million tonnes grading 29% Total Iron for Fire Lake North, which includes 185 million tonnes at 36% Total Iron, and estimates an exploration target of up to 350 million tonnes of additional potential mineralized material |
- Total Inferred Mineral Resource estimates for the Fire Lake North and contiguous Bellechasse Claim Blocks now total 603 million tonnes grading 29% Total Iron in Inferred Mineral Resources
- Champion launches 15,000 m drill program at Fire Lake North designed to upgrade Mineral Resources to Measured and Indicated Resources* category, and to delineate the remaining potential, including the newly discovered Northeast Zone
Toronto (Canada), August 18, 2010 – CHAMPION MINERALS INC. (TSX-V: CHM; FSE: P02) (TSX-V: CHM; FSE: P02) (“Champion” or the “Company”) is pleased to announce an updated National Instrument (“NI”) 43-101 Mineral Resources Estimate (the “Mineral Resources”) for the Fire Lake North Claim Block (“Fire Lake North”) from the Fermont Iron Property (the “Property”) in the Fermont Iron Ore District of northern Quebec.
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Champion Minerals Inc. 18 Aug 2010 - 08:05 |
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| Champion Minerals updates Harvey-Tuttle drill program; also increases Fermont Iron Property land holdings from 385 km(2) to 608 km(2) |
Toronto (Canada), August 10, 2010 – CHAMPION MINERALS INC. (TSX-V: CHM; FSE: P02) (“Champion” or the “Company”) is pleased to provide an update on claim staking and the advancement of the summer 2010 diamond drilling program at the prospective Harvey-Tuttle Claim Block (“Harvey-Tuttle”) from the Fermont Iron Property (the “Property”) in the Fermont Iron Ore District of northeastern Quebec.
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Champion Minerals Inc. 11 Aug 2010 - 02:52 |
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| Champion Minerals to issue updated Mineral Resources Estimates for the Fire Lake North Claim Block |
- The 2010 winter drill results may have a significant impact on the new Mineral Resources from the current Inferred level of 288.2 million tonnes of 27.5% Total Iron
- Champion is set to launch a fully funded 15,000 metre drill program at Fire Lake North designed to Upgrade Mineral Resources to the Measured and Indicated Resources*, and to delineate the newly discovered Northeast Zone
Toronto (Canada), August 4, 2010 – CHAMPION MINERALS INC. (TSX-V: CHM; FSE: P02) (“Champion” or the “Company”) wishes to announce the new National Instrument (“NI”) 43-101 Mineral Resources Estimates (the “Mineral Resources”) for the Fire Lake North Property (the “Property”) will be released prior to the end of September 2010, which will coincide with the start-up of the next drilling campaign on the Property.
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Champion Minerals Inc. 4 Aug 2010 - 08:03 |
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| Champion Minerals discovers third multi-kilometric iron formation on the Fire Lake North Claim Block |
Toronto (Canada), July 21, 2010 – CHAMPION MINERALS INC. (TSX-V: CHM; FSE: P02) ("Champion” or the “Company”) (TSX-V: CHM) (FSE: P02) pleased to announce the discovery of a multi-kilometric hematite-magnetite iron formation on the Fire Lake North Claim Block (“Fire Lake North”) from the Company’s 385 km2 Fermont Iron Property (the “Property”) in the Fermont Iron Ore District of northern Quebec.
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Champion Minerals Inc. 21 Jul 2010 - 08:53 |
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| Champion closes in escrow on agreement to increase its interest to 82.5% of 16 strategic iron mineral concessions in Fermont, Quebec |
Toronto (Canada), July 16, 2010 – CHAMPION MINERALS INC. (“Champion” or the “Company”) (TSX-V: CHM) is pleased to announce that, in accordance with the terms of its agreement (the “Agreement”) with The Sheridan Platinum Group Ltd. (the “Vendor”), Champion has closed the Agreement in escrow pending recording and registration of all applicable transfers. Under the terms of the Agreement, Champion is acquiring all of the Vendor’s remaining 17.5% interest in the Joint Venture among Champion, the Vendor and Fancamp Exploration Inc. (“Fancamp”) covering 16 iron-rich mineral concessions in the Fermont Iron Ore District of north-eastern Quebec, situated approximately 250 km north of the St. Lawrence River port town of Port-Cartier and centered 60 km southwest of Fermont. With completion of the acquisition of this additional 17.5%, Champion is increasing its ownership in the Joint Venture and its properties to 82.5%. Fancamp retains the other 17.5% interest. The Vendor and Fancamp also retain a 3% royalty, which may be reduced to 2% by paying $3,000,000.
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Champion Minerals Inc. 20 Jul 2010 - 08:27 |
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| Champion Minerals continues major drill program at the prospective Harvey-Tuttle claim block and provides update on other activities from the Fermont Iron Property |
Toronto (Canada), July 6, 2010 – CHAMPION MINERALS INC. (TSX-V: CHM; FSE: P02) (“Champion” or the “Company”) is pleased to announce the resumption of diamond drilling on the Fermont Iron Property (the “Property”) at the prospective Harvey-Tuttle Claim Block (“Harvey-Tuttle”) in the Fermont Iron Ore District of northeastern Quebec.
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Champion Minerals Inc. 6 Jul 2010 - 08:18 |
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| Champion Minerals signs agreement to increase its interest in 16 strategic iron mineral concessions in Fermont, Quebec to 82.5% |
Toronto (Canada), June 28, 2010 – CHAMPION MINERALS INC. ("Champion” or the “Company”) (TSX-V: CHM) (FSE: P02) is pleased to announce that it has signed an agreement (the “Agreement”) with The Sheridan Platinum Group Ltd. (the “Vendor”) enabling Champion to acquire the Vendor’s 17.5% interest in the Joint Venture among Champion, the Vendor and Fancamp Exploration Inc. (“Fancamp”) covering 16 iron-rich mineral concessions in the Fermont Iron Ore District of north-eastern Quebec, situated approximately 250 km north of the St. Lawrence River port town of Port-Cartier and centered 60 km southwest of Fermont. Champion currently owns a 65% interest in the Joint Venture and, on completion of the acquisition of this additional 17.5%, Champion will increase its ownership to 82.5%. Fancamp retains the other 17.5% interest. The Vendor and Fancamp also retain a 3% royalty, which may be reduced to 2% by paying $3,000,000.
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Champion Minerals Inc. 28 Jun 2010 - 10:31 |
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| Champion Minerals completes earn-in to acquire 65% undivided interest in Fermont Property; Receives $1,251,250 through the exercise of Warrants |
Toronto (Canada), June 8, 2010 – CHAMPION MINERALS INC. ("Champion” or the “Company”) (TSX-V: CHM) (FSE: P02) is pleased to announce that with the completion of $6 million in work expenditures, the payment of $400,000 and the issuance of 1,500,000 common shares of Champion, divided equally between Fancamp Exploration Ltd. and The Sheridan Platinum Group Ltd. (the “Vendors”), it has completed the required work commitment, aggregate cash payments of $1 million and the share issuance of 2.9 million common shares of the Company, pursuant to the Fermont Option and Joint Venture Agreement dated as of August 31, 2009 (the “Agreement”). Subject to the Vendor’s review of the notice and documentation, the Company will be deemed to have earned an undivided 65% right, title and interest in and to all of the claim blocks of the Fermont Iron Property covered by the Agreement.
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Champion Minerals Inc. 8 Jun 2010 - 07:34 |
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| Champion Minerals drills significant assay intervals on the Fire Lake North Claim Block: 36.2% Iron over 171.0 meters (FL-10-21), including 43.9% Iron over 71.0 meters, and 400 meters further south, 38.3% Iron over 197.8 meters (FL-10-24), including 43.6% Iron over 43.0 meters |
Toronto (Canada), May 18, 2010 – CHAMPION MINERALS INC. ("Champion” or the “Company”) (TSX-V: CHM) (FSE: P02) is pleased to announce Iron assay results from the remaining diamond drill holes completed during the winter 2010 drill program on the Fire Lake North Claim Block (“Fire Lake North”) of the Fermont Iron Property (the “Property”). Assay results are from the north-south trending East Limb and the Southwest target areas (website location map).
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Champion Minerals Inc. 18 May 2010 - 09:56 |
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