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CHAMPION IRON FILES PREVIOUSLY ANNOUNCED UPDATED MINERAL RESOURCE AND RESERVE ESTIMATES FOR ITS BLOOM LAKE OPERATIONS

Newswire.ca - Tue Oct 3, 2023

MONTRÉAL, Oct. 3, 2023 /CNW/ - (Sydney, October 4, 2023) - Champion Iron Limited (TSX: CIA) (ASX: CIA) (OTCQX: CIAFF) ("Champion" or the "Company") announces the filing on SEDAR+ at www.sedarplus.ca, the ASX at www.asx.com.au and the Company's website at www.championiron.com, of its technical report with respect to the mineral resource and reserve estimates and the life-of-mine ("LoM") plan for the Bloom Lake Mining Complex ("Bloom Lake") prepared pursuant to National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101") and Chapter 5 of the ASX Listing Rules entitled "Mineral Resources and Mineral Reserves for the Bloom Lake Mine, Fermont, Québec, Canada", prepared by BBA Inc., SRK Consulting (U.S.), Inc., Soutex and Quebec Iron Ore Inc. and dated September 28, 2023 (the "2023 Technical Report").

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