- Drill hole LM11-021 intersected 336.4 metres of magnetite-hematite rich iron formation grading 27.7% Total Iron, including an interval of 248.1 metres grading 31.6% Total Iron- Drill hole LM11-017 intersected 156.6 metres grading 32.7 % Total Iron and a second, deeper intersection of 82.5 metres grading 27.7% Total Iron
Champion Minerals is pleased to provide the remaining assay results from the 2011 Moire Lake diamond-drilling program. The Moire Lake Project, which comprises Cluster 1 of Champion's Fermont Iron Holdings in north-eastern Quebec, is immediately east of ArcelorMittal's Mont Wright Mine property, and is 8 kilometres south of existing rail transport [...]
TORONTO, ONTARIO -- (Marketwire) -- 11/30/11 -- CHAMPION MINERALS INC. (TSX: CHM)(FRANKFURT: P02) ('Champion', or the 'Company') is pleased to provide assay results from fifteen of twenty-three drill holes completed on the Company's O'Keefe-Purdy Project, located approximately 20 km northwest of the Company's flagship Fire Lake North Project in
Champion Minerals Inc. is pleased to announce the results of its updated Preliminary Economic Assessment study on the Fire Lake North Project that was performed by BBA Inc.. Concentrator production would average 8.7 million tonnes of concentrate per year grading 65% iron for the first 25 of the 40 year mine life; however, the first five years of [...]
- Based on a 25 year financial analysis, Fire Lake North Base Case has a Net Present Value of $4 billion at a discounted cash flow rate of 8%- The Internal Rate of Return for the project is 41.5% and the payback period is 2.3 years
TORONTO, ONTARIO -- (Marketwire) -- 11/15/11 -- Champion Minerals Inc. ('Champion Minerals' or the 'Company') (TSX: CHM)(FRANKFURT: P02) today announced that the Company will be presenting at the Scotia Capital Mining Conference 2011 on Tuesday, November 29, 2011 at 11:40 a.m. eastern time. The conference will take place at Le Royal Meridien King
TORONTO, ONTARIO -- (Marketwire) -- 11/07/11 -- CHAMPION MINERALS INC. (TSX: CHM)(FRANKFURT: P02) ('Champion', or the 'Company') is pleased to announce the start of Feasibility resource definition drilling at the Company's flagship Fire Lake North project in the Fermont Iron Ore District, Quebec.
- First Three Drill Holes of 8,000 m Planned Program Intersect Magnetite-Hematite Iron Formation From 191 m to 402 m in Length.- Drill Hole OC11-02 Intersects 401.5 m Grading 30.7% Total Iron Including a 213.5 m Interval Grading 33.1% Total Iron
TORONTO, ONTARIO -- (Marketwire) -- 10/06/11 -- CHAMPION MINERALS INC. (TSX: CHM)(FRANKFURT: P02) ('Champion', or the 'Company') is pleased to provide the latest assay results from the Company's Moire Lake Project, which is strategically located immediately east of and contiguous to ArcelorMittal's Mont Wright Mine property, and is 8 km south of
- Measured & Indicated Resources Total 400.1 Million Tonnes grading 30.6% Total Iron
- Inferred Resources Total 661.2 Million Tonnes grading 27.7% Total Iron
TORONTO, ONTARIO -- (Marketwire) -- 10/03/11 -- CHAMPION MINERALS INC. (TSX: CHM)(FRANKFURT: P02) ('Champion', or the 'Company') is pleased to provide results of the updated National Instrument ('NI') 43-101 Mineral Resource Estimate completed on the Fire Lake North Project in Fermont, Quebec. Table 1 presents the current NI 43-101 categorized Mineral Resource Estimate(1) at a 15% Total Iron ('FeT') cut-off grade for each of the three coarser grained specular-hematite rich deposits and provides the category totals for the Fire Lake North Project as validated by P&E Mining Consultants Inc. of Brampton, Ontario ('P&E').
CHAMPION MINERALS INC. is pleased to provide results of the updated National Instrument 43-101 Mineral Resource Estimate completed on the Fire Lake North Project in Fermont, Quebec. Table 1 presents the current NI 43-101 categorized Mineral Resource Estimate(1) at a 15% Total Iron cut-off grade for each of the three coarser grained [...]
Champion Minerals is pleased to announce assay results from diamond drill holes completed since the Fall 2010 mineral resource estimate and Preliminary Economic Assessment of the Fire Lake North Project in the Company's Fermont Property Holdings in northeastern Quebec. At the West Limb designed pit area, drill hole FLN10-34 intersected 123 m of [...]