Champion Minerals Inc.
TSX : CHM
FRANKFURT : P02

Champion Minerals Inc.

June 20, 2011 07:30 ET

Champion Minerals to Present at RBC Capital Markets' 2011 Global Mining and Materials Conference in Toronto, Canada

- The iron ore panel has been rescheduled to 2:05 p.m. on Tuesday, June 21st, 2011

TORONTO, ONTARIO--(Marketwire - June 20, 2011) - Champion Minerals Inc. ("Champion Minerals" or the "Company" (TSX:CHM)(FRANKFURT:P02) today announced that the Company will be presenting at RBC Capital Markets' 2011 Global Mining and Materials Conference on Tuesday, June 21, 2011 at 2:05 p.m. eastern time. This presentation will be part of an iron ore panel to be held in Toronto, Ontario at the Le Méridien King Edward Hotel (Vanity Fair Ballroom, 2nd Floor). A live audio webcast of the presentation will be made available to all investors on Champion Minerals' website at www.championminerals.com.

Champion Minerals is currently executing a 60,000-metre drill program at the Fermont iron projects located in the Labrador Trough, Quebec, which include the Fire Lake North, Bellechasse and Harvey Tuttle projects, which contain combined NI 43-101 compliant Inferred Mineral Resources totalling 1.55 billion tonnes grading 24.5% Total Iron at a 15% cut-off. The primary objective of 2011 drill program is to expand and upgrade the current resource base at the Fire Lake North and Bellechasse projects, which will be used to revise the November 2010 preliminary economic assessment (PEA). The Company expects to release the updated PEA in the third quarter 2011, followed by a feasibility study in the second quarter 2012.

About Champion Minerals Inc.

Champion Minerals Inc. is a Canadian-based iron ore exploration and development company with properties located in the heart of Canada's premier iron ore mining district, the Labrador Trough. Champion Minerals is one of the largest landholders of highly prospective iron ore properties located southwest of Fermont, Quebec and northeast of Schefferville. The Company's core projects include Fire Lake North, Bellechasse and Harvey-Tuttle. The Fermont area is located close to water, power, roads and railways, and connects to three ports on Quebec's north shore of the St. Lawrence Seaway. Champion Minerals' shares are traded on the Toronto Stock Exchange under the symbol CHM.

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