Champion Minerals Inc. ("Champion") (TSX VENTURE:CHM)(FRANKFURT:P02) announces
the grant of options to consultants to purchase 550,000 common shares of
Champion, exercisable at $1.00 per common share, subject to shareholder and TSX
Venture Exchange approval. In accordance with securities regulatory
requirements, any shares issued pursuant to the exercise of such options will be
subject to a resale restriction for a period of four months from the date of the
grant. The options granted will have a five year term.


About Champion Minerals Inc.

Champion is an exploration Company focused on discovering and developing
significant metal resources in eastern Canada, particularly in the Provinces of
Labrador and Newfoundland, and Quebec. Champion's projects include the
Attikamagen Iron Property, located in western Labrador and northeastern Quebec,
the Fermont Iron Property in northeastern Quebec and the Powderhorn and
Gullbridge Base Metal Projects located in central Newfoundland. 


The statements made in this news release that are not historical facts are
"forwardlooking statements", and readers are cautioned that any such statements
are not guarantees of future performance, and that actual developments or
results, may vary materially from those in these "forward-looking" statements.


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