Champion Bear Resources Ltd. ("Champion Bear" or the "Company") (TSX
VENTURE:CBA) is encouraged by the preliminary assay results from the first phase
(3211m) of its planned 10,000 m definition drilling program at its Eagle Rock
property south west of Dryden, Ontario and expects to be able to define a bulk
mineable open pit mineral resource. 


The 13 recently completed drill holes were restricted to testing only the
eastern portion of the property between Section 0+50W and 3+50E. All other areas
of the Campbell Zone (1,100 metre zone between sections 7+00W and 4+00E) were
inaccessible due to heavier than normal rains flooding the western area.


Table 1 below summarizes selected assay results for the thirteen drill holes
completed in 2008. 




----------------------------------------------------------------------------
Table 1. Selected Assay Results for Eagle Rock 2008 drilling
----------------------------------------------------------------------------
----------------------------------------------------------------------------
Hole #      From      To   Width  Au+Pt+Pd(i)      Cu      Ni  Cu(ii) Ni(ii)
----------------------------------------------------------------------------
              (m)     (m)     (m)        ppb      ppm     ppm       %      %
----------------------------------------------------------------------------
----------------------------------------------------------------------------
ER08-01A     156     174    18.0      721.00  3305.00  575.00   0.33   0.06
----------------------------------------------------------------------------
 includes    157   167.2    10.2     1034.00  4811.00  731.00   0.48   0.07
----------------------------------------------------------------------------
             225     275    50.0      654.00  2787.00  385.00   0.28   0.04
----------------------------------------------------------------------------
 includes    247     252     5.0     1055.00  4350.00  583.00   0.44   0.06
----------------------------------------------------------------------------

----------------------------------------------------------------------------
ER08-02    131.1     149    17.9      872.00  4615.00  655.00   0.46   0.07
----------------------------------------------------------------------------
 includes  137.4     147     9.6     1320.00  6522.00  959.00   0.65   0.10
----------------------------------------------------------------------------

----------------------------------------------------------------------------
ER08-03       88     101    13.0     1330.23  5997.69  963.69   0.60   0.10
----------------------------------------------------------------------------
           109.5     112     2.5      716.06  3490.00  612.56   0.35   0.06
----------------------------------------------------------------------------
             120     161    41.0      423.50  2098.29  276.27   0.21   0.03
----------------------------------------------------------------------------
 includes    138     145     7.0      556.71  2737.14  326.29   0.27   0.03
----------------------------------------------------------------------------
 includes    157     160     3.0      719.33  2610.00  336.00   0.26   0.03
----------------------------------------------------------------------------

----------------------------------------------------------------------------
ER08-04      140   150.1    10.1      549.16  3569.50  455.01   0.36   0.05
----------------------------------------------------------------------------
 includes    144   150.1     6.1      767.51  4957.54  623.48   0.50   0.06
----------------------------------------------------------------------------
             240     245     5.0      554.60  2786.00  413.80   0.28   0.04
----------------------------------------------------------------------------
             275   283.8     8.8      615.73  2176.70  394.64   0.22   0.04
----------------------------------------------------------------------------
             279     283     4.0     1116.75  3832.50  669.75   0.38   0.07
----------------------------------------------------------------------------

----------------------------------------------------------------------------
ER08-05      102     119    17.0      730.93  4120.92  823.22   0.41   0.08
----------------------------------------------------------------------------
 includes    108     116     8.0     1215.63  6692.50 1367.88   0.67   0.14
----------------------------------------------------------------------------

----------------------------------------------------------------------------
ER08-06      161   171.7    10.7      523.04  2979.91  400.21   0.30   0.04
----------------------------------------------------------------------------

----------------------------------------------------------------------------
ER08-07    121.6   123.6     2.0      497.00  2075.00  338.50   0.21   0.03
----------------------------------------------------------------------------
ER08-08   no significant values
----------------------------------------------------------------------------
ER08-09   no significant values
----------------------------------------------------------------------------
ER08-10   no significant values
----------------------------------------------------------------------------
ER08-11   no significant values
----------------------------------------------------------------------------
ER08-12      195     197     2.0      514.00  2465.00  322.00   0.25   0.03
----------------------------------------------------------------------------
ER08-13   no significant values
----------------------------------------------------------------------------

(i) Average composition is 23% Au, 29% Pt and 48% Pd
(ii) (converted from ppm)



All intersections reflect core length, true width will be determined at the
conclusion of the planned definition drilling program.


This drilling has confirmed the results of historical drilling. Holes ER-08-7 to
13 drilled beneath mineralization outcrop and previous drill holes to vertical
depths of 75-100 metres, confirming, as indicated by earlier drilling, that this
eastern lens between section 2+00 E and 3+50 E does not continue to depth and is
locally disrupted by intrusive dykes. These holes however do indicate that the
mineralized horizon in this area remains traceable both along strike and to
depth as anomalous mineralization.


Holes ER-08-1A to 6 have confirmed that the higher grade mineralization (
greater than 1000ppb combined Au, Pt, Pd) plunges to the west from section 1+00E
and remains open to beyond 200m vertical depth west of section 0+50E. 


Drilling of the remaining more than 650 metre strike length of the swamp covered
western portion of the zone is expected to commence early in January 2009.
Champion Bear anticipates drilling approximately 25-28 more holes at 50 metre
centres to complete the remaining 6,800 metres of the planned definition
drilling program. The drilling is designed to verify earlier results and to test
the more than 1,100 metre long main Campbell Zone to vertical depths of 200-250
metres. Champion Bear expects to receive and announce some of these drilling
results and display the drill core at its core shack display at the PDAC in
March 2009.


Detailed Drilling Summary

Section 0+50 W

Holes ER08-01A and ER08-02 are both drilled on this section approximately 80m
back from previous (1999) holes ER- 6 and 7 to test the continuity of
mineralization to depth. Both holes confirm the continuity to depth as well as
the tenor of the mineralization. Assay results are similar to those received
from the three holes drilled at the end of 2007 (see Champion Bear news release
dated February 21, 2008).


Section 0+00

Holes ER08-03 and ER08-04 were drilled on Section 0+00 to test at depth below a
historical 1988 Selco Inc drill hole EL88-9, which encountered a narrow zone of
mineralization. Both these holes intersected the zone in a wider than expected
core thickness and both intersected a second unexpected zone that was larger (in
core length) than the first zone. 


Section 0+50 E

Holes ER08-05 and ER08-06 were drilled to test the depth extent of
mineralization encountered in previous Champion Bear holes ER 04 and 05. These
holes intersected similar mineralization, though narrowing to depth, however
still confirming the continuity of the mineralization both at depth and along
strike. 


Section 1+50 E

ER08-07 tested approximately 60 metres below historical hole ER1. While the
mineralized zone was intersected, it was narrower and of lower grade. This
confirms the pinching out of the higher grade mineralization to depth in this
area.


Section 2+00 E

ER08-08 is the only hole drilled on this section. A large beaver pond prevented
drilling of a shallower hole planned on this section. This hole intersected
anomalous mineralization consistent with mineralization found at the edge of the
mineralized zone as on adjacent sections. 


Section 2+50 E

ER08-13 was drilled primarily to confirm historical results from (1999 and 2000)
holes. The hole intersected a narrow zone of anomalous mineralization below
mineralization on surface similar to that in previous holes ER 32, 33, 34,35 and
36. The drilling also confirmed the presence of a number of crosscutting dykes.
It seems that the mineralized zone shallows between sections 1+50 E and 3+50E
possibly defining the plunge of the zone to the west. 


Section 3+00 E

The holes ER08-11 and ER08-12 were drilled to confirm the historical holes ER31
and ER 29 which were originally drilled below holes ER27 and ER28 which had
intersected a strong mineralized zone 50-75 metres below surface outcrop. These
two holes (ER08-11 and ER08-12) confirmed that the zone tapers off at depth as
indicated by former holes ER31 and ER 29.


Section 3+50 E

The historical drilling (ER16 and 17) defined a large mineralized zone beneath
surface outcrop. Holes ER08-09 and ER08-10 drilled 50 metres below the zone
reconfirmed the theory that in this area, the zone is shallower. 


The area that these latter seven holes tested consists of metagabbro outcrops
similar to the rocks that host the mineralization, but more silica rich. This is
possibly a different phase of the intrusive, which may have displaced the more
mineralized phase. This could be the reason that this area was more resistant to
erosion, but also it could be the reason for the lack of mineralization at
depth. 


The 2008 drilling confirmed the presence of the zone that was detected through
the historical drilling. It also extended the zone to a vertical depth of at
least 200 m to the west of Section 0+00 . The zone is shown to be shallower
between 2+50 E and 3+50 E. However on surface, the mineralized zone becomes
larger on section 4+00 E. The eastern extension of the mineralized zone between
Section 4+50E to 10+00E remains underexplored by drilling except for sporadic
holes all of which intersected mineralization. A fault that runs Grid N-S
crosses the property at 4+50 E, and the rocks on the east side of the fault seem
to have been displaced by at least several hundred metres. 


Preliminary surface sampling along strike further to the east of the main
Campbell Zone encountered sulfide mineralization at two locations similar both
in its mineralization character as well as total sulphide content s (see
Champion Bear news release Nov 5 2008). 


Champion Bear is encouraged with these exploration results which confirm the
earlier results and indicate an extension of the zone down plunge to the west. 


Individual Assay Samples

Table 2 below sets forth the individual assay sample results for the selected
intervals shown in Table 1. 




----------------------------------------------------------------------------
Table 2. Individual Assay Samples
----------------------------------------------------------------------------
                                               Au    Pt    Pd     Cu     Ni
                                          ----------------------------------
                                              ppb   ppb   ppb    ppm    ppm
                                          ----------------------------------
                                                1   0.5   0.5      1      1
----------------------------------------------------------------------------
Samples #     From (m)    To (m)  Width (m) FA-MS FA-MS FA-MS TD-ICP TD-ICP
----------------------------------------------------------------------------

----------------------------------------------------------------------------
ER08-1A
----------------------------------------------------------------------------
 146115.00     156.00    157.00       1.00    100   220   238   2900    463
----------------------------------------------------------------------------
 146116.00     157.00    158.00       1.00    212   304   478   5420    734
----------------------------------------------------------------------------
 146117.00     158.00    159.00       1.00    241   287   507   5680    822
----------------------------------------------------------------------------
 146118.00     159.00    160.00       1.00    267   437   574   6070    827
----------------------------------------------------------------------------
 146119.00     160.00    161.00       1.00    220   238   485   6410    724
----------------------------------------------------------------------------
 146121.00     161.00    161.60       0.60    313   263   509   6140    646
----------------------------------------------------------------------------
 146122.00     161.60    162.30       0.70    139   105   180   1800    280
----------------------------------------------------------------------------
 146123.00     162.30    163.00       0.70    280   398   686   5450    954
----------------------------------------------------------------------------
 146124.00     163.00    164.00       1.00    174   224   404   3410    658
----------------------------------------------------------------------------
 146125.00     164.00    165.00       1.00     98   120   215   1780    376
----------------------------------------------------------------------------
 146126.00     165.00    166.00       1.00    343   467   784   5820   1060
----------------------------------------------------------------------------
 146127.00     166.00    167.20       1.20    314   378   614   4770    840
----------------------------------------------------------------------------
 146128.00     167.20    168.20       1.00     74    36    56   1780    578
----------------------------------------------------------------------------
 146129.00     168.20    169.20       1.00     25   974    31   1340    489
----------------------------------------------------------------------------
 146131.00     169.20    170.20       1.00     54    74   128   2310    547
----------------------------------------------------------------------------
 146132.00     170.20    171.55       1.35     72   110   173   2330    549
----------------------------------------------------------------------------
 146133.00     171.55    172.00       0.45    123   213   344   3010    496
----------------------------------------------------------------------------
 146134.00     172.00    173.00       1.00    101   123   210   1980    357
----------------------------------------------------------------------------
 146135.00     173.00    174.00       1.00     48    51   102   1040    228
----------------------------------------------------------------------------
 146161.00     224.00    225.00       1.00     47    48    90    687    156
----------------------------------------------------------------------------
 146162.00     225.00    226.00       1.00     91    98   166   1410    182
----------------------------------------------------------------------------
 146163.00     226.00    227.00       1.00    187   163   266   2090    269
----------------------------------------------------------------------------
 146164.00     227.00    228.00       1.00    215   221   363   2490    335
----------------------------------------------------------------------------
 146165.00     228.00    229.00       1.00    111   196   362   1820    278
----------------------------------------------------------------------------
 146166.00     229.00    230.00       1.00    126   276   445   2250    367
----------------------------------------------------------------------------
 146167.00     230.00    231.00       1.00    160   285   478   2800    382
----------------------------------------------------------------------------
 146168.00     231.00    232.00       1.00    107   205   345   1700    282
----------------------------------------------------------------------------
 146169.00     232.00    233.00       1.00    136   154   264   1900    287
----------------------------------------------------------------------------
 146171.00     233.00    234.00       1.00    162   201   317   2440    353
----------------------------------------------------------------------------
 146172.00     234.00    235.00       1.00    181   291   469   3270    471
----------------------------------------------------------------------------
 146173.00     235.00    236.00       1.00    153   161   274   2700    384
----------------------------------------------------------------------------
 146174.00     236.00    237.00       1.00    119   153   251   2380    344
----------------------------------------------------------------------------
 146175.00     237.00    238.00       1.00     93   142   213   2010    292
----------------------------------------------------------------------------
 146176.00     238.00    239.00       1.00    154   149   265   2250    304
----------------------------------------------------------------------------
 146177.00     239.00    240.00       1.00     76   105   177   1290    210
----------------------------------------------------------------------------
 146178.00     240.00    241.00       1.00     60   104   186   1270    209
----------------------------------------------------------------------------
 146179.00     241.00    242.00       1.00    100   128   190   1470    200
----------------------------------------------------------------------------
 146181.00     242.00    243.00       1.00    111   124   219   1930    248
----------------------------------------------------------------------------
 146182.00     243.00    244.00       1.00    159   176   334   2930    364
----------------------------------------------------------------------------
 146183.00     244.00    245.00       1.00    196   313   448   4220    511
----------------------------------------------------------------------------
 146184.00     245.00    246.00       1.00    173   222   385   3350    469
----------------------------------------------------------------------------
 146185.00     246.00    247.00       1.00    156   178   326   2820    401
----------------------------------------------------------------------------
 146186.00     247.00    248.00       1.00    236   316   496   3800    517
----------------------------------------------------------------------------
 146187.00     248.00    249.00       1.00    254   549   434   4240    559
----------------------------------------------------------------------------
 146188.00     249.00    250.00       1.00    230   288   493   4550    612
----------------------------------------------------------------------------
 146189.00     250.00    251.00       1.00    230   267   514   4490    632
----------------------------------------------------------------------------
 146191.00     251.00    252.00       1.00    214   272   484   4670    596
----------------------------------------------------------------------------
 146192.00     252.00    253.00       1.00    203   262   462   3960    561
----------------------------------------------------------------------------
 146193.00     253.00    254.00       1.00    190   254   369   3350    492
----------------------------------------------------------------------------
 146194.00     254.00    255.00       1.00    218   208   356   3550    490
----------------------------------------------------------------------------
 146195.00     255.00    256.00       1.00    149   199   355   3260    473
----------------------------------------------------------------------------
 146196.00     256.00    257.00       1.00    141   136   262   2700    359
----------------------------------------------------------------------------
 146197.00     257.00    258.00       1.00    127   123   233   2280    303
----------------------------------------------------------------------------
 146198.00     258.00    259.00       1.00     76   118   220   2090    306
----------------------------------------------------------------------------
 146199.00     259.00    260.00       1.00    116   121   232   2230    340
----------------------------------------------------------------------------
 146201.00     260.00    261.00       1.00    130   134   247   2450    359
----------------------------------------------------------------------------
 146202.00     261.00    262.00       1.00     93   103   194   2380    310
----------------------------------------------------------------------------
 146203.00     262.00    263.00       1.00     65   108   205   1640    334
----------------------------------------------------------------------------
 146204.00     263.00    264.00       1.00    116   141   240   2370    358
----------------------------------------------------------------------------
 146205.00     264.00    265.00       1.00    134   119   227   2520    398
----------------------------------------------------------------------------
 146206.00     265.00    266.00       1.00     92   111   207   2640    370
----------------------------------------------------------------------------
 146207.00     266.00    267.00       1.00    106   117   240   2440    363
----------------------------------------------------------------------------
 146208.00     267.00    268.00       1.00    167   156   302   3280    456
----------------------------------------------------------------------------
 146209.00     268.00    269.00       1.00    121   151   284   2790    445
----------------------------------------------------------------------------
 146211.00     269.00    270.00       1.00    135   232   402   3770    488
----------------------------------------------------------------------------
 146212.00     270.00    271.00       1.00    138   187   360   3870    501
----------------------------------------------------------------------------
 146213.00     271.00    272.00       1.00    128   190   391   3400    418
----------------------------------------------------------------------------
 146214.00     272.00    273.00       1.00    122   188   320   3150    413
----------------------------------------------------------------------------
 146215.00     273.00    274.00       1.00    208   187   392   3490    446
----------------------------------------------------------------------------
 146216.00     274.00    275.00       1.00    107   162   335   3220    430
----------------------------------------------------------------------------
ER08-2
----------------------------------------------------------------------------
 146245        130.50    131.10        0.6     12   9.9    17    295     98
----------------------------------------------------------------------------
 146246        131.10    132.00        0.9     30  29.8  51.9   1030    140
----------------------------------------------------------------------------
 146247        132.00    133.00        1.0    100  67.3   138   2310    281
----------------------------------------------------------------------------
 146248        133.00    134.00        1.0    108   118   229   3090    340
----------------------------------------------------------------------------
 146249        134.00    135.00        1.0    183   261   399   4890    511
----------------------------------------------------------------------------
 146251        135.00    136.00        1.0     33  23.9    50   1440    241
----------------------------------------------------------------------------
 146252        136.00    136.50        0.5     30    33  55.5   1550    290
----------------------------------------------------------------------------
 146253        136.50    137.40        0.9     19  21.3    36   1290    301
----------------------------------------------------------------------------
 146254        137.40    138.00        0.6    182   316   356   4340    560
----------------------------------------------------------------------------
 146255        138.00    139.00        1.0    145   228   331   3770    356
----------------------------------------------------------------------------
 146256        139.00    140.00        1.0    250   253   486   5830    339
----------------------------------------------------------------------------
 146257        140.00    141.00        1.0    305   372   576   6940    887
----------------------------------------------------------------------------
 146258        141.00    142.00        1.0    425   468   798   8040   1420
----------------------------------------------------------------------------
 146259        142.00    143.00        1.0    345   450   722   8070   1350
----------------------------------------------------------------------------
 146261        143.00    144.00        1.0    403   596   832   8070   1380
----------------------------------------------------------------------------
 146262        144.00    145.00        1.0    362   526   715   8090   1290
----------------------------------------------------------------------------
 146263        145.00    146.00        1.0    349   496   843   7750   1150
----------------------------------------------------------------------------
 146264        146.00    147.00        1.0    313   395   602   5910    816
----------------------------------------------------------------------------
 146265        147.00    148.00        1.0    108   121   234   2300    351
----------------------------------------------------------------------------
 146266        148.00    149.00        1.0     29  29.8  51.8    657    148
----------------------------------------------------------------------------
ER08-3
----------------------------------------------------------------------------
 146394            88        89          1     32    36  67.5   1400    277
----------------------------------------------------------------------------
 146395            89        90          1     56  73.5   128   2050    282
----------------------------------------------------------------------------
 146396            90        91          1    196   262   460   4990    586
----------------------------------------------------------------------------
 146397            91        92          1    305   425   741   5930    831
----------------------------------------------------------------------------
 146398            92        93          1    330   424   756   7530    770
----------------------------------------------------------------------------
 146399            93        94          1    313   383   772   7860   1210
----------------------------------------------------------------------------
 146400            94        95          1    366   437   851   8050   1640
----------------------------------------------------------------------------
 146401            95        96          1    352   465   844   7630   1670
----------------------------------------------------------------------------
 146402            96        97          1    441   563   989   8260   1510
----------------------------------------------------------------------------
 146403            97        98          1    477   636  1040   8540   1380
----------------------------------------------------------------------------
 146404            98        99          1    401   555   926   6870   1080
----------------------------------------------------------------------------
 146405            99       100          1    242   284   498   3740    546
----------------------------------------------------------------------------
 146406           100       101          1    227   354   585   5120    746
----------------------------------------------------------------------------

----------------------------------------------------------------------------
 146418         109.5     110.2        0.7     31  57.9  97.9   1010    248
----------------------------------------------------------------------------
 146419         110.2       111        0.8    200   271   472   4160    726
----------------------------------------------------------------------------
 146420           111       112          1    211   254   440   4690    777
----------------------------------------------------------------------------

----------------------------------------------------------------------------
 146430           120       121          1     69  93.9   169   1870    308
----------------------------------------------------------------------------
 146431           121       122          1    128   147   267   3030    409
----------------------------------------------------------------------------
 146432           122       123          1     58    83   155   1700    276
----------------------------------------------------------------------------
 146433           123       124          1    115   151   253   2540    346
----------------------------------------------------------------------------
 146434           124       125          1    127   147   276   2980    391
----------------------------------------------------------------------------
 146435           125       126          1    131   170   310   3650    452
----------------------------------------------------------------------------
 146436           126       127          1    175   224   368   3080    413
----------------------------------------------------------------------------
 146437           127       128          1    101   118   207   2430    321
----------------------------------------------------------------------------
 146438           128     128.9        0.9     66  78.3   145   1630    242
----------------------------------------------------------------------------
 146439         128.9     129.8        0.9      0     0     0    703    153
----------------------------------------------------------------------------
 146440         129.8       131        1.2    104   149   263   1610    243
----------------------------------------------------------------------------
 146442           131       132          1    141   169   327   3500    415
----------------------------------------------------------------------------
 146443           132       133          1    149   177   321   3390    422
----------------------------------------------------------------------------
 146444           133     133.7        0.7     28  31.9  50.2    819    147
----------------------------------------------------------------------------
 146445         133.7     134.7          1     10   7.5    13    330     79
----------------------------------------------------------------------------
 146446         134.7       136        1.3     44  48.9  88.2   1260    177
----------------------------------------------------------------------------
 146448           136       137          1     57  75.3   132   1740    229
----------------------------------------------------------------------------
 146449           137       138          1     69  85.9   168   2430    300
----------------------------------------------------------------------------
 146450           138       139          1     92   119   215   2800    329
----------------------------------------------------------------------------
 146451           139       140          1     93   128   220   2220    302
----------------------------------------------------------------------------
 146452           140       141          1    153   195   357   3480    394
----------------------------------------------------------------------------
 146453           141       142          1    119   208   343   2810    351
----------------------------------------------------------------------------
 146454           142       143          1    130   161   304   2630    321
----------------------------------------------------------------------------
 146455           143       144          1    178   171   328   2890    328
----------------------------------------------------------------------------
 146456           144       145          1     74   103   206   2330    259
----------------------------------------------------------------------------
 146457           145       146          1     45  58.3   111   1750    218
----------------------------------------------------------------------------
 146458           146       147          1     92   127   234   2410    263
----------------------------------------------------------------------------
 146460           147       148          1     70   108   193   2000    280
----------------------------------------------------------------------------
 146461           148       149          1     59  69.2   137   1570    197
----------------------------------------------------------------------------
 146462           149       150          1     21  25.5  49.3    677    126
----------------------------------------------------------------------------
 146463           150       151          1     71  90.7   159   1050    156
----------------------------------------------------------------------------
 146464           151       152          1    108   127   233   2120    258
----------------------------------------------------------------------------
 146465           152       153          1     58  60.2   115   1510    201
----------------------------------------------------------------------------
 146466           153       154          1     62  74.9   137   1480    205
----------------------------------------------------------------------------
 146467           154       155          1    102   113   222   1450    206
----------------------------------------------------------------------------
 146468           155       156          1     62  75.5   150   1050    164
----------------------------------------------------------------------------
 146469           156       157          1    106   132   236   1440    199
----------------------------------------------------------------------------
 146470           157       158          1    160   224   382   2160    279
----------------------------------------------------------------------------
 146471           158       159          1    167   211   373   2860    383
----------------------------------------------------------------------------
 146473           159       160          1    145   180   316   2810    346
----------------------------------------------------------------------------
 146474           160       161          1     80   106   188   1620    221
----------------------------------------------------------------------------
ER08-4
----------------------------------------------------------------------------
 146544           140       141          1     39  38.9  66.6    979    144
----------------------------------------------------------------------------
 146545           141       142          1     81  94.5   150   2000    242
----------------------------------------------------------------------------
 146547           142     143.2        1.2     40  38.1  64.8   1060    150
----------------------------------------------------------------------------
 146548         143.2       144        0.8     75    69   135   1950    283
----------------------------------------------------------------------------
 146549           144       145          1    136   181   295   4040    640
----------------------------------------------------------------------------
 146550           145       146          1    205   238   432   5700    726
----------------------------------------------------------------------------
 146551           146       147          1    147   181   360   4820    587
----------------------------------------------------------------------------
 146552           147       148          1    200   240   412   5690    643
----------------------------------------------------------------------------
 146553           148       149          1    210   261   449   5360    655
----------------------------------------------------------------------------
 146555           149     150.1        1.1    152   203   313   4210    502
----------------------------------------------------------------------------

----------------------------------------------------------------------------
 146604           240       241          1    100   106   178   2200    311
----------------------------------------------------------------------------
 146605           241       242          1    197   237   394   3950    520
----------------------------------------------------------------------------
 146606           242       243          1    155   166   264   2920    409
----------------------------------------------------------------------------
 146607           243       244          1     99   168   255   2650    387
----------------------------------------------------------------------------
 146608           244       245          1     82   141   231   2210    442
----------------------------------------------------------------------------

----------------------------------------------------------------------------
 146639           275       276          1     33  36.4  72.1    713    139
----------------------------------------------------------------------------
 146640           276       277          1     39  47.7  80.9    917    145
----------------------------------------------------------------------------
 146641           277       278          1     28  22.6  37.8    448    106
----------------------------------------------------------------------------
 146642           278       279          1      8  28.2  50.5    211    111
----------------------------------------------------------------------------
 146643           279       280          1    168   273   392   2470    489
----------------------------------------------------------------------------
 146645           280       281          1    256   351   578   4320    735
----------------------------------------------------------------------------
 146646           281       282          1    298   364   615   4540    789
----------------------------------------------------------------------------
 146647           282       283          1    272   339   561   4000    666
----------------------------------------------------------------------------
 146648           283     283.8        0.8    110   173   301   1920    366
----------------------------------------------------------------------------
ER08-5
----------------------------------------------------------------------------
 146753           102       103          1     46  59.2   110   1340    245
----------------------------------------------------------------------------
 146754           103     103.5        0.5     89  82.2   155   1670    282
----------------------------------------------------------------------------
 146755         103.5       104        0.5     44  41.4  72.8   1430    386
----------------------------------------------------------------------------
 146756           104       105          1     20    24  41.6   1120    304
----------------------------------------------------------------------------
 146757           105     105.8        0.8      4   6.2  12.2    997    263
----------------------------------------------------------------------------
 146758         105.8     107.1        1.3     67  73.1   168   1750    287
----------------------------------------------------------------------------
 146759         107.1       108        0.9    194   206   420   5050    677
----------------------------------------------------------------------------
 146760           108       109          1    286   326   620   6520    730
----------------------------------------------------------------------------
 146761           109       110          1    284   361   689   7300    873
----------------------------------------------------------------------------
 146762           110       111          1    281   339   658   6950   1320
----------------------------------------------------------------------------
 146763           111       112          1    258   280   530   6400   1600
----------------------------------------------------------------------------
 146764           112       113          1    278   272   538   6330   1660
----------------------------------------------------------------------------
 146766           113       114          1    257   302   561   6690   1760
----------------------------------------------------------------------------
 146767           114       115          1    257   313   597   6650   1600
----------------------------------------------------------------------------
 146768           115       116          1    285   400   753   6700   1400
----------------------------------------------------------------------------
 146770           116       117          1    138   189   321   3060    578
----------------------------------------------------------------------------
 146771           117       118          1     61  66.2   111   1130    228
----------------------------------------------------------------------------
 146772           118       119          1     29  28.9  57.3    698    170
----------------------------------------------------------------------------
ER08-6
----------------------------------------------------------------------------
 146692           161       162          1     56  64.4   110   1090    169
----------------------------------------------------------------------------
 146693           162       163          1     84  93.1   180   1920    258
----------------------------------------------------------------------------
 146694           163       164          1     71    82   163   1810    252
----------------------------------------------------------------------------
 146695           164       165          1    207   209   443   5240    725
----------------------------------------------------------------------------
 146697           165       166          1    230   262   518   6350    779
----------------------------------------------------------------------------
 146698           166       167          1    161   179   348   4500    507
----------------------------------------------------------------------------
 146699           167       168          1    104   109   212   2560    339
----------------------------------------------------------------------------
 146700           168       169          1    124   135   273   2990    412
----------------------------------------------------------------------------
 146701           169       170          1     85  89.7   175   1900    294
----------------------------------------------------------------------------
 146702           170       171          1     90   109   197   1950    310
----------------------------------------------------------------------------
 146703           171     171.7        0.7    120   172   327   2250    339
----------------------------------------------------------------------------
ER08-7
----------------------------------------------------------------------------
 146864         121.6     122.6          1    128   153   282   2350    383
----------------------------------------------------------------------------
 146865         122.6     123.6          1     99   126   206   1800    294
----------------------------------------------------------------------------
ER08-12
----------------------------------------------------------------------------
 147318           195       196          1     67   104   177   1560    252
----------------------------------------------------------------------------
 147319           196       197          1    152   187   341   3370    392
----------------------------------------------------------------------------



The diamond drilling was supervised by Watts, Griffis and McOuat Limited.
("WGM") personnel, under the field supervision of P. Dunbar, P.Geo. (Qualified
Person). Diamond drill core was logged, marked for sampling and saw cut. Half
the core was sealed in new plastic sample bags while the remaining half core was
retained and securely stored for future reference. Plastic sample bags were then
sealed in rice bags, and shipped directly by Greyhound and/or Manitoulin
Transport to Activation Laboratories in Ancastor. Gold, Platinum and Palladium
analyses were assayed by Fire Assay-MS technique, Cu and Ni and remaining
elements were analysed with the TD-ICP package. Full descriptions of these
analytical techniques and procedures, may be examined on the labs web site
www.actlabsint.com. The laboratory carries out a comprehensive internal quality
control program including certified calibration standards, duplicate analyses
and insertion of blanks. Full assay certificates are available from the Company
on request. 


The Qualified Person for the technical aspects of this news release is J.
Hinzer, P. Geo., President of WGM.


About Champion Bear 

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, totaling over 16,000
hectares.


This news release contains forward-looking statements relating to, without
limitation, the expected definition of a bulk mineable open pit mineral
resource, the anticipated timing of the future planned drilling and test and
core results as well as the continuance of the definition drilling program which
are based on Champion Bear's current internal expectations. These statements are
not guarantees of future performance and undue reliance should not be placed on
them. Such forward-looking statements necessarily involve known and unknown
risks and uncertainties that are common to junior mineral exploration companies.
These risks and uncertainties include, among other things, Champion Bear's need
for additional funding to continue its exploration efforts and changes in
general economic, market and business conditions. The company undertakes no
obligation to update or revise any forward-looking statements except as required
by applicable securities laws.


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