Champion Appoints Director

Mr. Chan, aged 63, has over 30 years of accounting and management experience. More recently, he joined Harmony Asset Limited (a company listed on both the TSX and the Hong Kong Stock Exchange) in December 2006 as executive director and has been involved in project analysis & evaluation and strategic planning for listed and unlisted companies. In the past, Mr. Chan had been the director and CFO of several Hong Kong listed companies. He obtained his MBA from Edinburgh Business School, Heriot-Watt University, Scotland, and U.K. He is also a member of The Institute of Chartered Accountants in England and Wales, Hong Kong Institute of Certified Public Accountants, Chartered Institute of Management Accountants, as well as a member of the Certified General Accountants' Association of Canada.

"On behalf of the board of directors and management team at Champion, I would like to welcome Mr. Chan to the Company," stated Thomas Larsen, President and CEO of Champion.

About Champion Minerals Inc.

Champion is an exploration Company focused on discovering and developing significant metal resources in eastern Canada, particularly in the Provinces of Labrador and Newfoundland, and Quebec. Champion's projects include the Attikamagen Iron Property, located in western Labrador and northeastern Quebec, the Fermont Iron Property in northeastern Quebec and the Powderhorn and Gullbridge Base Metal Projects located in central Newfoundland.

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