CBA Champion Bear Resources Ltd

Champion Bear Resources Ltd. (TSX VENTURE:CBA) ("Champion Bear" or the
"Company") announces the resignations of Barry Davies and Ross Lawrence as
directors of Champion Bear and the appointment by the board of directors of
James F. Allan and Audrey Och to replace them.


James Allan is a geological engineer who has been involved in mining
exploration, mineral deposit evaluation and project management for over 45
years. He has explored for and evaluated a wide range of mineral deposit types
in Canada, United States, Latin America, Australia and Asia. He has worked for
major mining and petroleum companies as a senior minerals geologist and
exploration manager and has been an independent consultant to the mining
industry for the last 18 years. Mr Allan holds a B.A.Sc. in geological
engineering from the University of British Columbia and a M.Sc. degree from
Queen's University and is registered as a professional engineer with the
Association of Professional Engineers and Geologists in both Alberta and British
Columbia.


Audrey Och is an independent consultant and has over 30 years experience in
providing companies, including Champion Bear, with financial and record keeping
consulting services.


Champion Bear wishes to thank Messrs. Davies and Lawrence for their
contributions to the Company and welcomes both Mr. Allan and Ms. Och to the
board of directors. 


Champion Bear is a mineral exploration company focused exclusively on the
historically prospective regions of Ontario. The Company's primary target is
platinum group and precious metals and to a lesser extent polymetallic base
metal and pegmatite-hosted tantalum deposits. Champion Bear's aim is to create
shareholder value through selective property acquisition and joint venture
followed by focused exploration emphasizing drilling. The Company has assembled
a large land position in the Dryden and Sudbury areas, tootaling over 16,000
hectares.

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