Champion Bear Dryden area projects update



    (TSX Venture: CBA)

    CALGARY, Aug. 1 /CNW/ - Champion Bear Resources Ltd. ("Champion Bear")
has now received the assay results for its third wedge hole at its Plomp Farm
gold property and assay results from the additional sampling of the remaining
32 holes from its Eagle Rock property 80 kilometres south of Dryden, Ontario.

    Plomp Farm Property

    Assay results from hole PF-07-119W3 included 2.23 g Au/t, 17.0 g Ag/t and
3,210 ppm Cu (0.32%) over 0.6 metres from 607.7 to 608.3 metres. This hole
tested approximately 15 metres below the original hole PF-06-119 which
encountered 31.7 g Au/t, 33.3 g Ag/t and 1.36% Cu for a core length of     
0.4 metres from 579.0 to 579.4 metres and approximately 15 metres from
PF-06-119 W1 which hit 71.6 g Au/t, 6.0 g Ag/t and 141 ppm Cu, over a core
length of 0.4 metres from 623.6 to 624.0 metres.
    Table 1 below shows the distribution of anomalous Au (gold), Ag (silver),
Cu (copper), Zn (zinc), Pb (lead) and Ba (barite) throughout the main
mineralized zone in hole PF-07-119W3.

    
                Table 1 - Hole PF-07-119W3 Selected Intervals
                             Plomp Farm Property

                               Au    Au   Ag     Ag     Cu    Zn   Pb   Ba
                               ppb   g/t  ppm/ g/tonne  ppm   ppm  ppm  ppm
    Sample  From   To   Width        FA- (g/t)   FA-    TD-   TD-  TD-
    No.     (m)   (m) (metres) INAA  GRA TD-ICP  GRA    ICP   ICP  ICP  INAA
    -------------------------------------------------------------------------
    17868  583.5  584.0  0.5    241       2.5          996    84    10  1,170
    17869  584.0  584.5  0.5  1,060       5.8         3,000  177     9  1,080
    17870  584.5  585.0  0.5    166       2.5          869    88    11    600

    17878  592.0  593.0    1    115       1.1          658    58    19  1,360
    17879  593.0  594.0    1  1,950       3.6        1,470 2,300    13  1,450
    17880  594.0  595.0    1    114         1          249   201    17  1,790
    17881  595.0  596.0    1    251         1          279   129    12  2,890

                                               less
    17891  605.0  606.0    1    312  0.3  3.1 than 3   515   127    16    950
    17892  606.0  607.0    1    877 1.15    7    9   1,490   220    10  2,090
                                               less
    17893  607.0  607.7  0.7    238 1.14  2.8 than 3   451   153    15  2,280
    17894  607.7  608.0  0.3  3,520 2.54 15.5   17   3,280   420    12  2,090
    17895  608.0  608.3  0.3  1,610 1.93 15.3   17   3,140   410    10  3,040
                                               less
    17896  608.3  609.0  0.7    193  0.3  2.2 than 3   405   103    13  2,850
    17897  609.0  610.0    1  1,080  1.2  7.7    5   1,400 1,040    27  1,200
                                               less
    17898  610.0  611.0    1    884 0.34  4.3 than 3   902   106    21  1,450
    17899  611.0  612.0    1    315 0.54  3.6    3     410    97    29  2,380
    17900  612.0  613.0    1    489 1.19  7.8    6     834   304    31  2,210
    17901  613.0  614.0    1    527 0.79  4.6    5     559   149    50  1,530
    17902  614.0  615.0    1  1,150 1.38 11.9   14   1,520 1,120    42    830
                                               less
    17903  615.0  616.0    1    207 0.15  2.3 than 3   345   299    32  1,280
    

    Champion Bear is very encouraged by the results from these three wedge
holes which confirm the presence of a narrow high narrow grade gold zone open
along strike and up dip. The mineralization encountered in these four closely
spaced holes is currently being examined in detail by the company. Preliminary
indications suggest later stage structures cross cutting the main zone may
play an important role in controlling the higher grade gold zones.
    Champion Bear is currently planning the next phase of drilling to test,
in a more closely spaced pattern, this and other previously identified higher
grade zones.

    Eagle Rock Property

    Champion Bear, as part of its program to re-evaluate the Campbell Zone
Cu, Ni, Au and PGE mineralization at its Eagle Rock property 80 kilometres
south of Dryden, completed its logging of the alteration and conducted a
magnetic susceptibility survey of the available drill core. Twenty-seven holes
were re-logged as part of this program. Additional samples were taken from 23
of these holes, including extensions of previously assayed sections and
previously untested mineralized sections. Significant additional
mineralization (see Table 2) was encountered in three of the re-sampled drill
holes.

    
      Table 2 - Results from the Best Three 2007 Re-Sampled Drill Holes
                         at the Eagle Rock Property


    Hole  From  To  Interval  Au+Pt+Pd    Cu           Ni
    ID    (m)  (m)    (m)     (G/T)     ppm (%)      ppm (%)   Description
    -------------------------------------------------------------------------
    ER12   10  13.5   3.5      1.34   3,604 (0.36)  671 (0.07) Added to Zone
    ER17   17  29.7  12.7      0.39   2,323 (0.23)  477 (0.05) New Zone
    ER25 59.5  67.1   7.6      0.17   1,403 (0.14)  211 (0.02) New Zone
    

    The rocks, comprising the Campbell Zone, exhibit the presence of all
three, epidotic, potassic and hematetic alteration. Sulfides and epidote, have
been observed along small-scaled fractures adjacent to magnetite and
actinolite/augite crystals. The magnetic susceptibility survey has clearly
identified a correlation between sections with moderate magnetism and
placement of sulfides.
    Native copper, observed only in hole ER 17, fills the voids, fractures
and spaces between the rock forming minerals in the gabbro. The fractures, are
thought to have been produced by faulting, which has formed a large valley
striking about 320 degrees just south of the Campbell Zone. This fault
intersects a large regional north-south trending fault which to date has not
been tested for mineralization.
    Hole ER 17 yielded the best results of the re-sampling program and the
new mineralized zone was situated entirely within the fault structure.
    Champion Bear is encouraged by the results of this recently completed
work program, which has identified a completely new target area within the
major fault structure. The company plans to complete 3D data modeling,
additional field geological and geophysical surveying in preparation of
additional drill testing of the new target area.
    Detailed assay results for each of the three holes are presented in
Table 3 below.

    
    Table 3 - Detailed Assays from the Best Three 2007 Re-Sampled Drill Holes
                         at the Eagle Rock Property

                                      Cu     Pd     Pt    Au    Ni
                                      ppm    ppb    ppb   ppb   ppm
    Hole   From   To   Width  Sample  AR-    FA-    FA-   FA-   AR-  Pd+Pt+Au
    No.     (m)   (m)   (m)     No.   ICP    MS     MS    MS    ICP      g/t
    -------------------------------------------------------------------------

    ER12     10    11     1   A8232  1,110   473    331   184   347    0.988
    ER12     11    12     1   A8233  2,820   883    453   396   792    1.732
    ER12     12  13.5   1.5   A8234  5,790   690    394   237   808    1.321

    ER17     17    18     1   A8130  1,280  86.3   57.7    41   146    0.185
    ER17     18    19     1   A8131  2,570   150   81.1    79   272   0.3101
    ER17     19    20     1   A8132  2,900   198    102   109   421    0.409
    ER17     20    21     1   A8133  1,520  61.3   60.9    82   412   0.2042
    ER17     21    22     1   A8134  2,580   201   96.2   113   592   0.4102
    ER17     22    23     1   A8135  3,480   267    139   131   810    0.537
    ER17     23    24     1   A8136  3,880   323    194   152   780    0.669
    ER17     24    25     1   A8137  2,870   291    161   161   799    0.613
    ER17     25    26     1   A8138  3,160   273    187   145   741    0.605
    ER17     26    27     1   A8139  1,260   105   64.4    56   276   0.2254
    ER17     27    28     1   A8140    915   129     69    74   200    0.272
    ER17     28    29     1   A8141  1,290  96.6   66.6    54   264   0.2172
    ER17     29  29.7   0.7   A8142  2,580   229    132   100   503    0.461

    ER25   59.5  60.5     1   A8190  1,740   107   60.2    66   215   0.2332
    ER25   60.5    61   0.5   A8191  1,430  86.4   50.3    55   188   0.1917
    ER25     61  62.2   1.2   A8192  1,370  65.4   39.3    42   186   0.1467
    ER25   62.2 63.15  0.95   A8193  1,320  69.5   41.4    43   191   0.1539
    ER25  63.15    64  0.85   A8222    768  25.8   22.8    22   161   0.0706
    ER25     64    65     1   A8194  1,600   103   58.2    46   265   0.2072
    ER25     65    66     1   A8195  1,740   108   58.7    59   277   0.2257
    ER25     66  67.1   1.1   A8196  1,200  75.3   38.5    39   198   0.1528
    

    Diamond drilling, field mapping and sampling programs for Plomp Farm and
Eagle Rock properties, were carried out by Watts, Griffis and McOuat Limited
("WGM") personnel, under the field supervision of WGM senior geologist      
J. Smolen P. Geo.
    Core samples were cut with a diamond saw and one-half of the core has
been retained in storage for future testing and data confirmation. Channel
samples, were cut with a portable masonry saw and chipped out with a chisel.
All samples, were tagged and sealed in plastic bags after cutting. Sealed
plastic bags, were personally delivered to the shipper for delivery to
Activation Laboratories in Ancaster, Ontario.
    All samples were analysed for base and precious metals using the
following assay procedures, INAA (Instrumental Neutron Activation Analysis)
and AR/TD-ICP (Aqua Regia/Total digestion with Inductively Coupled Plasma)
including Zn, Pb, Cu, Ni, Co, Ag, As, Bi, Ba, and W. FA-MS (Fire Assay-Mass
Specrometer) was used for Au, Pt, and Pd. The high-grade gold samples were
re-assayed using FA-GRA (Fire Assay with Gravimetric finish) to confirm the
gold analyses.
    The QP for the technical aspects of this news release is Joe Hinzer    
P. Geo., President of WGM.

    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 Plomp Farm and
Eagle Rock properties 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

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CHAMPION BEAR RESOURCES LTD.

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