Champion Minerals Appoints Jean Depatie as Director to the Board
TORONTO, ONTARIO -- (Marketwire) -- 06/21/11 -- Champion Minerals Inc. (TSX: CHM)(FRANKFURT: P02) is pleased to announce the appointment of Mr. Jean Depatie as independent director to the board, effective immediately.
Mr. Depatie brings over 35 years of national and international experience in economic geology to Champion Minerals Inc. He has worked in several countries and acted, directly or indirectly, as consultant for organizations such as, the United Nations, the World Bank, the Asian Development Bank, the Commonwealth Agency and the Quebec Ministry of Natural Resources. In addition to being a past director of Glamis Gold Ltd. (now Goldcorp) and Novicourt Inc. (now Xstrata), Mr. Depatie was instrumental in the development of Consolidated Thompson Iron Mines Limited ('Consolidated Thompson') through his six year tenure as a director until its recent acquisition by Cliffs Natural Resources. At Consolidated Thompson, Mr. Depatie served as Chair of the Compensation Committee and sat on both the Audit and Corporate Responsibility Committees.
Mr. Depatie has also served as president and/or director to a number of other companies listed on both the U.S. and Canadian exchanges and he is director of the resources division of Greater China Assets Ltd, a Hong Kong-based investment holding company.
Mr. Depatie is a former President of the Quebec Professional Association of Geologists and Geophysicists (1980-81). He was the recipient of an award of excellence, in 1990, from the Quebec Department of Energy and Resources for having financed and put into production the most important graphite mine in North America.
'We are excited to welcome Jean to the board of directors,' commented Thomas Larsen, president and chief executive officer of Champion Minerals Inc. 'Jean's breadth and depth of experience in the iron ore market will be valuable to our team as we move the Fermont Projects through development to feasibility study level in 2012.'
About Champion Minerals Inc.
Champion Minerals Inc. is a Canadian-based iron ore exploration and development company with properties located in the heart of Canada's premier iron ore mining district, the Labrador Trough. Champion Minerals is one of the largest landholders of highly prospective iron ore properties located southwest of Fermont, Quebec and northeast of Schefferville. The Company's core projects include Fire Lake North, Bellechasse and Harvey-Tuttle. The Fermont area is located close to water, power, roads and railways, and connects to three ports on Quebec's north shore of the St. Lawrence Seaway. Champion Minerals' shares are traded on the Toronto Stock Exchange under the symbol CHM.
Contacts:
Champion Minerals Inc.
Thomas G. Larsen
President and CEO
(416) 866-2200; Toll-Free: (877) 448-2201
(416) 361-1333 (FAX)
info@championminerals.com
Champion Minerals Inc.
Jorge Estepa
Vice-President, Secretary and Treasurer
(416) 866-2200; Toll-Free: (877) 448-2201
(416) 361-1333 (FAX)
info@championminerals.com
Champion Minerals Inc.
Salisha Hosein
Director, Investor Relations
(416) 866-2200; Toll-Free: (877) 448-2201
(416) 361-1333 (FAX)
info@championminerals.com
www.championminerals.com