TORONTO, Oct. 4 /CNW/ - CHAMPION MINERALS INC. ("Champion" or the
"Company") is pleased to announce that, in addition to the election of the
directors nominated by management at the Company's annual and special meeting
of shareholders held on September 28, 2007, Alexander S. Horvath, P.Eng. was
nominated as a director by a shareholder present at the meeting, and
subsequently duly elected to serve as a director of the Company. The Company
is pleased to welcome Mr. Horvath, to its board of directors.
Mr. Horvath has 25 years of wide ranging domestic and international
experience in base and precious metals exploration and mining including 20
years with Asarco Incorporated and its associated international subsidiaries.
With Asarco, Mr. Horvath held successively increasing positions of
responsibility commencing with 13 years at Asarco Exploration Co. of Canada
Ltd. as exploration and underground geologist during development of the
Aquarius gold deposit in the Porcupine district of the Abitibi. In 1995,
Asarco closed operations in Canada and Mr. Horvath was promoted to the head
office of Asarco Incorporated from his position as senior staff geologist to
assume responsibilities as assistant to the vice-president exploration. As
Exploration Manager responsible for exploration and project management on
several international gold and base metals projects in Portugal, Morocco and
French Guiana, Mr. Horvath provided project management and led technical teams
responsible for the discovery, delineation and prefeasibility study of the
Camp Caiman gold project in French Guiana. Subsequent to Asarco's merger with
Grupo Mexico in 1999, Mr. Horvath assumed responsibilities for up-grading
resource/reserve model estimation procedures, introducing and completing first
time ore reserve audits and implementing quality control sampling and assaying
programs for exploration and production sampling at three of the company's
large open pit copper operations in Arizona (Ray, Mission and Silver Bell
mines). Since his departure from Asarco in 2002, Mr. Horvath has provided
assorted quality control and geological consulting services to various clients
in the exploration/mining industry, including projects such as: McWatters
Mining Sigma-Lamaque open pit Au mine, Agnico-Eagle's Goldex Au project,
Asarco's Mission open pit Cu-Mo mine, Bear Creek Mining's Corani Ag-Pb project
in Peru, and NFX Gold Inc.'s Larder Lake Gold Project in Larder Lake, Ontario.
Mr. Horvath is currently a director of NFX Gold Inc.
"On behalf of the board of directors and management team at Champion, I
would like to welcome Mr. Horvath to the Company. He brings a proven track
record in mineral exploration and strategic planning which will be put to good
use," stated Thomas Larsen, President and CEO of Champion.
About Champion Minerals Inc.
Champion is a junior exploration Company focused on discovering and
developing significant metal resources in eastern Canada, particularly in
Newfoundland-Labrador. The Company currently has two properties, the
Powderhorn base metal project located in central Newfoundland, and the
Attikamagen Lake Iron Prospect, located in eastern Labrador.
Statements in this release that are not historical facts are
"forward-looking 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. The TSX Venture Exchange has not reviewed and
does not accept responsibility for the adequacy or accuracy of this release.
For further information:
For further information: Thomas G. Larsen, President and CEO or Jorge
Estepa, Vice-President at (416) 866-2600