Champion Bear Is Encouraged by Preliminary Assay Results From Its Definition Drilling Program at Eagle Rock Cu-Ni-Pge Property
05 Janeiro 2009 - 11:30AM
Marketwired Canada
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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