Champion Minerals Finishes Feasibility Study

Champion Minerals Inc. (TSX:CHM,OTCQX:CPMNF,FWB:P02) announced the completion of feasibility studying program at its Fire Lake North iron project in Quebec, Canada.

As quoted in the press release:

The feasibility drilling program has outlined specular hematite iron mineralization in the West pit area with approximate true widths varying from 100 to 200+ m and beyond the limits of the PEA designed pit. Drill holes FW12-24 (section 9800N) and FW12-15 (section 9700N) each contained substantial near true width intersections ranging from 30.3% Total Iron (FeT) over 167 m to 34.2% FeT over 226 m, respectively. The near true width intersections indicate the iron formation dips are shallowing in this area at vertical depths of less than 350 meters and remain open down-dip extending beyond the west wall of the PEA designed pit.

Click here to read the Champion Minerals Inc. (TSX:CHM) press release.