DGAP-News: Champion Minerals to Present at Upcoming Iron Ore Symposium at the CIM Conference and Exhibition 2011 in Montreal, Canada
(firmenpresse) - DGAP-News: Champion Minerals Inc. / Key word(s): Miscellaneous
Champion Minerals to Present at Upcoming Iron Ore Symposium at the CIM
Conference and Exhibition 2011 in Montreal, Canada
09.05.2011 / 15:30
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Champion Minerals to Present at Upcoming Iron Ore Symposium at the CIM
Conference and Exhibition 2011 in Montreal, Canada
TORONTO, Canada - May 9, 2011 - Champion Minerals Inc. ('Champion Minerals'
or the 'Company')
(TSX: CHM) (FSE: P02) today announced that Jeff Hussey, Executive Vice
President, Development will be presenting at the Iron Ore Symposium to be
held in conjunction with the CIM Conference and Exhibition in Montreal,
Canada. The presentation will take place on Monday, May 23, 2011 at 3:40
p.m. (eastern time) at the Palais des congrès de Montréal (Room 516C). The
session titled 'Building the next major iron ore mine in the Labrador
trough' will provide an overview of Champion Minerals' Fire Lake North
Project and its other Fermont Property Holdings, and will discuss the
development activities currently underway. A copy of the presentation will
be made available 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, with
combined NI 43-101 compliant Inferred Mineral Resources totalling 1.5
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 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 claims
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.
For further information please contact:
Thomas G. Larsen
President and CEO
Tel: (416) 866-2200; Toll-Free: (877) 448-220
Email: info(at)championminerals.com
Jorge Estepa
Vice-President, Secretary and Treasurer
Tel: (416) 866-2200; Toll-Free: (877) 448-2201
Email: info(at)championminerals.com
Salisha Hosein
Director, Investor Relations
Tel: 416-866-2200; Toll-Free: (877) 448-2201
Email: info(at)championminerals.com
End of Corporate News
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123644 09.05.2011
Datum: 09.05.2011 - 15:30 Uhr
Sprache: Deutsch
News-ID 33998
Anzahl Zeichen: 0
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Kategorie:
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