Consolidated Thompson Iron Mines Limited
TSX VENTURE : CLM

Consolidated Thompson Iron Mines Limited

January 17, 2007 10:15 ET

Consolidated Thompson Holds Shareholder Conference Call For Wednesday, Jan 17th at 11 am E.S.T.

TORONTO, ONTARIO--(CCNMatthews - Jan. 17, 2007) - Consolidated Thompson Iron Mines Limited (TSX VENTURE:CLM) has scheduled a teleconference to update the shareholders on the latest company developments regarding the Wabush transaction.

The conference call is scheduled for Wednesday January 17th at 11am Eastern Standard time. Interested parties are invited to listen to participate in the meeting by calling one of the following numbers:



LOCAL CALLERS: 416-695-6130
NORTH AMERICAN CALLERS: 1-800-769-8320
INTERNATIONAL CALLERS: +1-416-695-6130

The presenters at the teleconference will include:

Brian Tobin, Chairman
Richard Quesnel, President & CEO
Stan Bharti, Member of the Board
Colin Osborne, Special Consultant and Advisor to the Board


About Consolidated Thompson

Consolidated Thompson is an exploration and development company, with approximately 33.4 million shares outstanding and trades on the TSX Venture exchange under the symbol CLM. The April 2006 completion of a positive feasibility study on the Bloom Lake Deposit coupled with recent significant financing, demonstrates the company's ability to develop the project. The feasibility study was completed by BBA Engineering, Montreal and was authored by Mr. Andre Allaire, Eng and Mr. Patrice Live, Eng both qualified persons as defined in National Instrument 43-101. A copy of the report is available at www.sedar.com.

The Bloom Lake Iron Ore deposit is located in Normanville Township, Duplessis County, Province of Quebec, on the south end of the Labrador trough, approximately 400 km north of Sept-Iles. The Bloom Lake deposit is situated approximately 10 km north of the Mount-Wright iron mining operation of Quebec Cartier Mining Company.

Statements in this release that are not historical facts are "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Readers are cautioned that any such statements are not guarantees of future performance and those actual developments or results may vary materially from those in these "forward-looking statements. The Company cautions investors that the projections for increases to the Indicated Resources are based on Inferred Resources. There is no certainty that these projections will be added to the Indicated Resources or that they will be economically viable.

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Contact Information