(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
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Sample From To Length Au As Cu Cu Ni Co Sr Mo
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Number (m) (m) (m) ppb ppm % ppm ppm ppm ppm ppm
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less
than
2257 105.0 106.0 1 7 3 0.2 2,070 22 23 7.6 10
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2258 106.0 107.0 1 4 27 0.19 1,920 43 75 5.2 9
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2259 107.0 108.0 1.0 5 11 0.1 985 34 38 4.2 2
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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
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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
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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
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2268 115.0 115.5 0.5 26 327 0.04 421 176 95 84.1 2
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2269 115.5 116.0 0.5 5 59 0.02 208 69 27 132 2
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2270 116.0 117.0 1.0 10 124 0.08 865 140 64 117 4
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2271 117.0 118.0 1.0 7 123 0.28 2,860 135 77 66.3 5
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2272 118.0 118.5 0.5 17 229 0.54 5,040 101 229 108 5
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2273 118.5 119.6 1.1 4 50 0.17 1,720 23 112 67.4 2
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Table 2
Hole IRM-07-09
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Sample From To Length Au As Cu Co Bi Pb Mo
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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
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less
2308 98.8 99.3 0.5 7 297 914 110 than 5 9 2
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2309 99.3 100.2 0.9 28 381 1,140 142 9 30 11
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less less
2310 100.2 101.2 1.0 49 71 102 173 than 5 19 than 1
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less
2311 101.2 101.7 0.5 71 122 383 113 than 5 12 3
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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
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less
2315 104.2 105.2 1.0 99 93 381 190 than 5 8 2
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-------------------------------------------------------------------------
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
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less
2330 118.1 119.0 0.9 12 79 64.5 366 than 5 34 26
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2331 119.0 119.5 0.5 56 294 1,790 1,360 16 113 79
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Table 3
Hole IRM-07-10
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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
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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
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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
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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.