Champion Bear final assay results confirm Olympic Dam mineralization model at its Sudbury area Iron Mask property



    (TSX Venture: CBA)

    CALGARY, June 6 /CNW/ - Champion Bear Resources Ltd. ("Champion Bear")
final assay results confirm the 0.14% Cu over 14.2 metres reported from Hole
IRM-07-08 (see Champion Bear's news release dated May 17, 2007) drilled on its
Sudbury area Iron Mask property. Anomalous Cu, Co, As, Au and intermittent Bi,
Pb, Ni, Sr and Mo mineralization encountered in all three holes are reflective
of the target polymetallic Olympic Dam style mineralization model.
    Most of the mineralization is hosted in the Espanola limestone unit
locally altered, silicified and enriched with massive to semi-massive
magnetite bands ranging from 5 to 30 centimetres in core length. Disseminated
pyrite and scattered blebs of chalcopyrite are common in these zones.
    The main anomalous elements, are presented in Tables 1, 2 and 3 below.
Note the anomalous Au of up to 1,110 ppb (1.1g/tAu) over 0.9 metres and
415 ppm Bi over 0.6 metres in Hole IRM-07-10 and 1,360 ppm (0.14% Co) over
0.5 metres in Hole IRM-07-09.

    Mineralized Zones
    -----------------
    Hole IRM-07-08, 105.0 to 119.6 metres,
    14.2 metres of core length                               Line 1+00N
    Hole IRM-07-09, 98.4 to 105.2 metres,
    6.8 metres of core length and 116.4 to
    119.5 metres, 3.1 metres of core length                  Line 7+50N
    Hole IRM-07-10, 118.0 to 129.7 metres,
    11.7 metres of core length                               Line 7+50N

    The mineralized zone(s) are shown on drill sections 1+00N and 7+50N (see
Figures 1 and 2 attached (to view, click
http://files.newswire.ca/363/Champion_Bear_0606.doc)). Anomalous
mineralization at both locations appears to improve with depth. While the true
width of these intersections has not been determined accurately it is
estimated to be approximately 85 to 90% of the reported core length.
    Champion Bear is very encouraged by these highly anomalous results and
intends to aggressively pursue the mineralization down dip and along the
remaining the 650 metre strike length of untested IP anomaly between the
current drill sections.

    
                                   Table 1
                               Hole IRM-07-08

    -------------------------------------------------------------------------
    Sample   From    To   Length  Au    As    Cu     Cu   Ni   Co    Sr   Mo
    -------------------------------------------------------------------------
    Number    (m)    (m)   (m)   ppb   ppm     %    ppm  ppm  ppm   ppm  ppm
    -------------------------------------------------------------------------
                                      less
                                      than
    2257     105.0  106.0    1     7     3   0.2  2,070   22   23   7.6   10
    -------------------------------------------------------------------------
    2258     106.0  107.0    1     4    27  0.19  1,920   43   75   5.2    9
    -------------------------------------------------------------------------
    2259     107.0  108.0  1.0     5    11   0.1    985   34   38   4.2    2
    -------------------------------------------------------------------------
                                      less
                                      than
    2260     108.0  109.0  1.0     2     3  0.02    244   22   23   2.3    2
    -------------------------------------------------------------------------
    2261     109.0  109.5  0.5     2     4  0.06    553   22   29     4    2
    -------------------------------------------------------------------------
    2262     109.5  110.0  0.5     1    16  0.02    204   26   49   2.7    2
    -------------------------------------------------------------------------
    2263     110.0  111.0  1.0     4    21  0.12  1,180   28   72   6.5    3
    -------------------------------------------------------------------------
    2264     111.0  112.0  1.0     3    10  0.36  3,620   17   80  72.5    3
    -------------------------------------------------------------------------
    2265     112.0  113.0  1.0     1    11  0.03    328   21   92   100    3
    -------------------------------------------------------------------------
    2266     113.0  114.0  1.0     2     4  0.05    550   14   71  83.2    2
    -------------------------------------------------------------------------
    2267     114.0  115.0  1.0    13   198  0.13  1,320   98  278  50.1    2
    -------------------------------------------------------------------------
    2268     115.0  115.5  0.5    26   327  0.04    421  176   95  84.1    2
    -------------------------------------------------------------------------
    2269     115.5  116.0  0.5     5    59  0.02    208   69   27   132    2
    -------------------------------------------------------------------------
    2270     116.0  117.0  1.0    10   124  0.08    865  140   64   117    4
    -------------------------------------------------------------------------
    2271     117.0  118.0  1.0     7   123  0.28  2,860  135   77  66.3    5
    -------------------------------------------------------------------------
    2272     118.0  118.5  0.5    17   229  0.54  5,040  101  229   108    5
    -------------------------------------------------------------------------
    2273     118.5  119.6  1.1     4    50  0.17  1,720   23  112  67.4    2
    -------------------------------------------------------------------------



                                   Table 2
                               Hole IRM-07-09

    -------------------------------------------------------------------------
    Sample  From   To  Length   Au    As     Cu     Co     Bi     Pb      Mo
    -------------------------------------------------------------------------
    Number  (m)    (m)   (m)   ppb   ppm    ppm    ppm    ppm    ppm     ppm
    -------------------------------------------------------------------------
                                                         less
    2307   98.4   98.8   0.4    13   747    461    276   than 5   30       5
    -------------------------------------------------------------------------
                                                         less
    2308   98.8   99.3   0.5     7   297    914    110   than 5    9       2
    -------------------------------------------------------------------------
    2309   99.3  100.2   0.9    28   381  1,140    142        9   30      11
    -------------------------------------------------------------------------
                                                         less         less
    2310  100.2  101.2   1.0    49    71    102    173   than 5   19  than 1
    -------------------------------------------------------------------------
                                                         less
    2311  101.2  101.7   0.5    71   122    383    113   than 5   12       3
    -------------------------------------------------------------------------
                                                         less         less
    2312  101.7  102.7   1.0   125   377   57.4    336   than 5    2  than 1
    -------------------------------------------------------------------------
                                                         less
    2313  102.7  103.2   0.5    41    40    209     78   than 5    4       2
    -------------------------------------------------------------------------
                                                         less
    2314  103.2  104.2   1.0    50    22   28.9     59   than 5    6       2
    -------------------------------------------------------------------------
                                                         less
    2315  104.2  105.2   1.0    99    93    381    190   than 5    8       2
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
                                                         less
    2328  116.4  117.1   0.7    19    72  2,540    111   than 5   35      57
    -------------------------------------------------------------------------
                                                         less
    2329  117.1  118.1   1.0    16    98  1,490    106   than 5   23      12
    -------------------------------------------------------------------------
                                                         less
    2330  118.1  119.0   0.9    12    79   64.5    366   than 5   34      26
    -------------------------------------------------------------------------
    2331  119.0  119.5   0.5    56   294  1,790  1,360       16  113      79
    -------------------------------------------------------------------------



                                   Table 3
                               Hole IRM-07-10

    -------------------------------------------------------------------------
    Sample   From    To    Length    Au     As     Cu    Co       Bi      Pb
    -------------------------------------------------------------------------
    Number   (m)     (m)     (m)    ppb    ppm    ppm   ppm      ppm     ppm
    -------------------------------------------------------------------------
    2383    118.0   118.5    0.5     53    580   67.2    94        8       6
    -------------------------------------------------------------------------
                                                                      less
    2384    118.5   119.2    0.7     66    159    379    87       15  than 2
    -------------------------------------------------------------------------
    2385    119.2   120.0    0.8     86    197    242    58       31       4
    -------------------------------------------------------------------------
    2386    120.0   120.7    0.7    563  2,170    796   412      170      29
    -------------------------------------------------------------------------
                                                              less
    2387    120.7   121.4    0.7    579    315  6,890    63   than 5       7
    -------------------------------------------------------------------------
                                                              less
    2388    121.4   122.4    1.0     45    140    592    28   than 5      36
    -------------------------------------------------------------------------
                                                              less
    2389    122.4   123.4    1.0      9     70   11.3    10   than 5      95
    -------------------------------------------------------------------------
    2390    123.4   124.0    0.6    421  1,200    413   730      415      35
    -------------------------------------------------------------------------
    2391    124.0   125.0    1.0    305  1,410    493   800      314      43
    -------------------------------------------------------------------------
                                                              less
    2392    125.0   126.0    1.0     23     72     12    19   than 5      42
    -------------------------------------------------------------------------
                                                              less
    2393    126.0   126.9    0.9     14     41      9     6   than 5      51
    -------------------------------------------------------------------------
                                                              less
    2394    126.9   127.8    0.9  1,110  1,090    206   731   than 5       5
    -------------------------------------------------------------------------
                                                              less
    2395    127.8   128.4    0.6    110    127    247   107   than 5      17
    -------------------------------------------------------------------------
                                                              less
    2396    128.4   129.2    0.8      3     34     29    21   than 5       6
    -------------------------------------------------------------------------
                                                              less
    2397    129.2   129.7    0.5    114    128    700    70   than 5       6
    -------------------------------------------------------------------------
    

    Core samples were split by hydraulic splitter, sealed in plastic sample
bags for shipping and hand delivered to the SGS preparation facility in
Sudbury. Prepared samples were forwarded directly by SGS to their laboratory
in Toronto, an ISO accredited analytical facility.
    All samples were analysed using a trace and base metal 32 element package
(code ICP12B) including Zn, Pb, Cu, Ni, Co, Ag, As, Bi, Ba and W. Ore-Grade
analyses by ICP-OES after Na(2)O(2) Fusion was used to confirm the copper
analyses for hole IRM-07-08.
    The drilling program was supervised in the field by Watts, Griffis and
McOuat Limited, Senior Associate Geologist, Paul Dunbar, P.Geo. The QP for the
technical aspects of this news release is Joe Hinzer, P.Geo.

    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.

    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of this release.

    This news release contains a forward-looking statement concerning the
company's intention to complete additional exploration on the Iron Mask
property which is based on Champion Bear's current internal expectations. This
statement is not a guarantee of future performance and undue reliance should
not be placed on it. Such forward-looking statement necessarily involves 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.





For further information:

For further information: Richard D. Kantor, Chairman and President of
Champion Bear Resources Ltd. at Phone: (403) 229-9522 or Fax: (403) 229-9518;
Champion Bear's website is www.championbear.com

Organization Profile

CHAMPION BEAR RESOURCES LTD.

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890