Ground Exploration Program Underway at The Boston Gold Project Red Lake, Ontario

Mar. 10, 2011 (Filing Services Canada) -- Champlain Resources Inc. (CPL - TSX Venture), is pleased to announce that the Phase 2 ground exploration program is currently underway at The Boston Gold Project located near Red Lake, Ontario.  The program will consist of a line-cutting, lake sediment sampling, Induced Polarization/Resistivity and high resolution Potassium Magnetometer surveys.  Champlain anticipates the Phase 2 ground exploration program will be successfully completed by the end of March, 2011.

The Phase 2 exploration program will consist of the following:

* Emplacement of 15 line kilometers of grid
* 13 line kilometers of IP/Resistivity
* 30 line kilometers of high resolution magnetics
* Collection of approximately 250 lake bottom sediments

The Company is focusing the current phase of its 2011 exploration program on acquiring detailed geophysical and geochemical data directly over and under Laird Lake.  

Mr. Troy Mochoruk comments, "Geologic and geophysical evidence suggests a detailed look under Laird Lake is warranted.  Champlain previously reported in a November 30, 2010 news release that high grade gold exists on the Company's claims and clearly shows that anomalous gold occurs over considerable distances on the south side of Laird Lake.   It is very important for us to now have a look under the lake."

Champlain plans to continue with a Phase 3 program immediately after spring breakup when field crews can easily access the area.  Additional ground work including, prospecting, mapping, geophysics, soil sampling and trenching will be performed at that time.

Champlain would also like to announce that it has granted a total of 1,000,000 stock options to Employees, directors, officers and consultants of the Company.

This news release has been reviewed and approved by R. Dean Fraser, P.Geo, a "qualified person" under National Instrument 43-101.


For further information contact:

Mr. Troy Mochoruk
Chairman and CEO:
#1614, 246 Stewart Green SW
Calgary, AB T3H 3C8
Tel: (403) 618-8989    
tdmochoruk@shaw.ca  

www.champlainresources.com  


Cautionary Statement Regarding Forward Looking Information

This press release may contain forward-looking statements which may include plans, expectations, opinions, forecasts, projections or other statements that are not statements of fact, in particular comments relating to actively exploring the Laird Lake area and moving the Laird Lake program to a drill ready stage during 2011.  Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it cannot give any assurance that such expectations will prove to be correct.

Achieving the expected timelines and expectations, may be affected by a variety of variables and risks associated with the capital markets and the mining and mineral processing industry, the ability of the Company to obtain sufficient financing to complete the program, as well as risks and variables associated in general with the Company's industry. As such the future plans and objectives of the Company are forward-looking statements that involve risks and uncertainties and may be based on assumptions that could cause actual results to differ materially from those anticipated or implied in such statements. The Company has, in part, relied on information provided in the report prepared by ALS in order to develop its forward-looking statements and there is no assurance that the assumptions, forecasts or information relied upon by the Company is correct, or will not be affected by events or circumstances beyond the control of the Company. The Company's forward-looking statements are expressly qualified in their entirety by this cautionary statement. Unless otherwise required by applicable securities laws, the Company does not intend nor does it undertake any obligation to update or review any forward-looking statements to reflect subsequent information, events, results or circumstances or otherwise.

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.



Source: Champlain Resources Inc. (CPL - TSX-V)
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