CBA Champion Bear Resources Ltd

Champion Bear Resources Ltd. ("Champion Bear" or the "Company") (TSX
VENTURE:CBA) is pleased to announce that it has completed additional mineral
claim staking contiguous with the 100% owned, Cu-PGE Eagle Rock Property located
in NW Ontario, Canada. The Company recently completed staking of 21 mineral
claims covering 4064 hectares and now the Property position covers the entire
highly prospective Entwine Lake Intrusion.


The Eagle Rock Property overlies the Entwine Lake Intrusive complex and hosts
numerous sulphide showings including the Campbell Cu-PGE Zone. The Campbell Zone
is a continuous, predictable, reef-like horizon exposed at surface over more
than one kilometre. Seventy five drill intersects define the Zone which remains
open in all directions. A recent internal technical re-assessment of the
Campbell Zone and the entire Eagle Rock Property (Entwine Lake Intrusion) by the
new technical team concluded that the Property has the potential to host
significant additional near-surface mineralized horizons/structures that have
not been adequately explored to date.


"We are very excited with this new vision of the potential for Eagle Rock,"
commented Richard Kantor, Chairman and President of Champion Bear. "We feel that
this potential combined with the great location, mining-friendly jurisdiction,
nearby infrastructure and excellent community relations make the Eagle Rock
Property one of the best precious and base metal exploration plays in North
America."


The Company is also very pleased to announce the appointment of Dr. John Corkery
as Chief Geologist for the Company. Dr. Corkery is a renowned geologist with
expertise in PGE and Cu. He has worked extensively in Scandinavia, northern
Europe and North America and most recently as the Chief Geologist with North
American Palladium. Mr. Corkery has a proven track record of discovery and
development. In 2012 Mr. Corkery was presented the Discovery of the Year award
from the Northwestern Ontario Prospectors Association for his work at Lac des
Iles. Mr. Corkery and his team are credited with making 5 new PGE discoveries at
Lac des Iles. Further, his team also defined and expanded the Offset Zone by an
order of magnitude.


Dr. Corkery has commenced planning and assembling the full exploration team for
a multi-phase, multi-million dollar strategy including extensive surface
exploration and diamond drilling for the Eagle Rock Property to fully assess the
potential for the Property to host significant additional mineralized horizons.
Mr. Corkery and his team look forward to the opportunity to work on such an
intriguing deposit. Dr. Corkery commented, "Eagle Rock could potentially be the
next big Cu-PGE play in northwestern Ontario. It has the real potential to grow
by four to five times its current size."


Additionally, the Company is pleased to announce that David Benson, P.Geo., has
joined the team as an Independent Technical Advisor and a director. Mr. Benson
is an accomplished Exploration Geologist specializing in Project Management,
Business and Strategic Development for resource exploration companies and has
worked as a Consultant to numerous mining and exploration companies across
Canada such as North American Palladium Ltd., Bison Gold Resources Inc. and
Anglo-American Exploration (Canada) Ltd. He currently sits on the Board of
Directors for Bison Gold Resources Inc. and Kaitsea Gold Inc. Mr. Benson holds a
B.Sc. (First Class Honours) in Geological Sciences from the University of
Manitoba. He is a Registered Professional Geoscientist with the Association of
Professional Engineers and Geoscientists of Manitoba and Association of
Professional Geoscientists of Ontario. David has held a variety of intermediate
to senior exploration positions, from grassroots to development-stage, with
mining and exploration companies for over 15 years including Anglo American
Exploration Canada, Falconbridge (Xstrata), Mustang Minerals, Rockcliff
Resources, Laurentian Goldfields, Bison Gold Resources and most recently, North
American Palladium Ltd. Mr. Benson will advise management and the Board of
Directors of Champion Bear on technical and business development strategies and
be the company's Qualified Person, "QP", with respect to National Instrument
43-101 and companion policies.


Mr. Benson has reviewed and approved the technical portions of this news release.

About Champion Bear

Champion Bear is a mineral exploration company focused exclusively on the
historically prospective regions of Ontario. Champion Bear's primary target is
platinum group, 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 24,000
hectares.


Champion Bear's website is www.championbear.com.

We seek safe harbour. This news release contains forward-looking statements
regarding the timing and content of upcoming programs and may be subject to
regulatory approval. Actual results may differ materially from those currently
anticipated in such statements. Without limitation, statements regarding
potential mineralization and resources, exploration results, and future plans
and objectives of the Company are forward looking statements that involve
various risks. The following are important factors that could cause the
Company's actual results to differ materially from those expressed or implied by
such forward looking statements: changes in the world wide price of mineral
commodities, general market conditions, risks inherent in mineral exploration,
risks associated with development, construction and mining operations, the
uncertainty of future profitability and the uncertainty of access to additional
capital. There can be no assurance that forward-looking statements will prove to
be accurate as actual results and future events may differ materially from those
anticipated in such statements. Bison undertakes no obligation to update such
forward-looking statements if circumstances or management's estimates or
opinions should change. The reader is cautioned not to place undue reliance on
such forward-looking statements.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Champion Bear Resources Ltd.
Richard D. Kantor
Chairman and President
(403) 229-9522
www.championbear.com

Champion Bear Resources (TSXV:CBA)
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부터 5월(5) 2024 으로 6월(6) 2024

Champion Bear Resources (TSXV:CBA)
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부터 6월(6) 2023 으로 6월(6) 2024