DGAP-News: Champion Minerals Inc.: Champion Minerals Appoints Richard Quesnel as Senior Technical Ad

DGAP-News: Champion Minerals Inc.: Champion Minerals Appoints Richard Quesnel as Senior Technical Advisor and Head of Advisory Board

ID: 61910

(firmenpresse) - DGAP-News: Champion Minerals Inc. / Key word(s): Change of Personnel
Champion Minerals Inc.: Champion Minerals Appoints Richard Quesnel as
Senior Technical Advisor and Head of Advisory Board

02.09.2011 / 13:30

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Champion Minerals Appoints Richard Quesnel as Senior Technical Advisor
and Head of Advisory Board

Toronto (Canada), September 2, 2011 - Champion Minerals Inc. ('Champion' or
the 'Company') (TSX: CHM; FSE: P02) is pleased to announce that Richard
Quesnel has been appointed the Company's Senior Technical Advisor and Head
of its Advisory Board.

With his accomplished career, Mr. Quesnel brings over 30 years of senior
mine management and engineering experience to Champion. Most recently, Mr.
Quesnel served over 5 years as President and Chief Executive Officer of
Consolidated Thompson Iron Mines Inc. ('Consolidated Thompson') (acquired
by Cliffs Natural Resources Inc. earlier this year) where he was
responsible for the successful construction and production ramp-up of the
Bloom Lake iron ore mine, located in the Labrador Trough in Quebec, Canada.
Under Mr. Quesnel's guidance, Bloom Lake entered into commercial production
in early 2010, on schedule and just four years after completion of its
feasibility study.

During his tenure at Consolidated Thompson, Mr. Quesnel also oversaw the
construction of a railroad line and ore handling facilities near the port
of Pointe-Noire, Quebec, in support of the mining operations at Bloom Lake.
Additionally, Mr. Quesnel and the Consolidated team raised over CDN $850
million in financing, negotiated and concluded a $240 million strategic
investment by Wuhan Iron and Steel Company ('WISCO'), one of China's
largest steel producers, as well as off-take agreements with WISCO,
Worldlink Resources of China and SK Networks Co., a subsidiary of the third




largest Korean conglomerate, SK Group.

Throughout his mining career, Mr. Quesnel has also contributed to the
success of several large gold, base metals and iron ore mines, where he
successfully developed, commissioned, operated and expanded mining
operations, including Quebec Cartier's Mount Wright iron ore mine in
Quebec, the Gibraltar mine in British Columbia, Barrick Gold's Meikle mine
in Nevada and the Montcalm mine in Ontario.

Thomas Larsen, Champion's President and C.E.O., commented, 'We are
fortunate and excited to have Richard join our team. His technical and
operational expertise and recent mine development experience in the
Labrador Trough iron ore camp will be invaluable to Champion. The Company's
technical and mining team will benefit greatly from Mr. Quesnel's mining
success and his input as we progress Champion's Fermont Projects through
development to feasibility and production.'

About Champion Minerals Inc.

Champion Minerals is an iron ore exploration and development company, with
offices in Montreal and Toronto, focused on developing its significant iron
ore resources in the provinces of Quebec and Newfoundland&Labrador. The
Company's projects include: the Fermont Holdings in Quebec, jointly held by
Champion (82.5% interest) and Fancamp Exploration Ltd. (17.5% interest);
and the Attikamagen Iron Property in Quebec and Labrador. Champion's
Fermont Property Holdings, including the flagship Fire Lake North Project,
are located in Canada's major iron ore producing district among three
producing mines. Champion's team and advisory board includes mining and
exploration professionals with substantial iron ore expertise to
effectively advance the Fire Lake North Project into production.

For further information please contact Thomas G. Larsen, President and CEO,
Jorge Estepa, Vice-President, and Salisha Hosein, Director, Investor
Relations at (416) 866-2200.

Please visit Champion's website at www.championminerals.com

Statements made in this news release that are 'forward-looking statements'
not historical facts. Readers are cautioned that any such statements are
not guarantees of future performance, and that actual developments or
results may vary materially from those stated herein.


End of Corporate News

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02.09.2011 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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138078 02.09.2011


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Bereitgestellt von Benutzer: EquityStory
Datum: 02.09.2011 - 13:30 Uhr
Sprache: Deutsch
News-ID 61910
Anzahl Zeichen: 1964

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