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Certain information contained herein regarding Champion Minerals Inc., including management?s assessment of future plans and operations, may constitute forward-looking statements under applicable securities law and necessarily involve risks, including but not limited to risks associated with mining exploration, operating costs, production costs, volatility of share prices, currency fluctuations, imprecision of resource and reserve estimates, environmental risks and ability to access sufficient capital from internal and external sources. As a consequence, actual results may differ materially from those anticipated in any forward looking statements. Plans, intentions or expectations disclosed in any forward-looking statements or information should not be read as guarantees of future results or events, and will not necessarily be accurate indications of whether or when or by which such results or events will be achieved. Except as required by law, Champion Minerals Inc., expressly disclaims any intention and undertakes no obligation to update any forward looking statements or information as conditions change. The historical mineral resources mentioned are strictly historical in nature and are non-compliant to National Instrument 43-101 mineral resources and mineral reserves standards, and should therefore not be relied upon. A qualified person has not done sufficient work to upgrade or classify the historical mineral resources as current National Instrument NI-43-101 compliant.

May 1, 2011

By K. Schrijver, G. Beaudoin

"Four occurrences of galena-cemented sandstones, exposed in the Lower St. Lawrence - Gaspésie area, are described. They constitute a new, insufficiently explored type of deposit in Quebec.One mineralized body, a minor occurrence, is hosted in Lower Devonian rocks deposited in an estuarine, intertidal river channel during a marine regression; major cements are dolomite and sulphides. Another occurrence, a drilled prospect, is hosted in Upper Silurian rocks deposited unconformably on Cambro Ordovician basement during a marine transgression. With galena and quartz as main cementing minerals, it is similar to some well-known, economic sandstone-lead deposits. A third and fourth, a drilled prospect and a minor occurrence, are hosted in Upper Cambrian rocks deposited on continental slopes. In both, sulphides mainly occupy a secondary porosity. The differences between the third and fourth occurrences are: (1) cementing translucent minerals (carbonates and barite in one; chlorite in the other); (2) chronology of final subsurface dissolution (prior and subsequent to sulphide precipitation, respectively); and (3) important fracture porosity only in the barite-bearing deposit.The diversity of the four occurrences, and the unequal geological knowledge of their respective features, prohibit the formulation of uniform guidelines for further exploration.IntroductionThe attention of the mineral exploration community is drawn to four occurrences of galena-cemented sandstones (Fig. 2A) in the Cambrian of the Taconian Orogen and in the Siluro-Devonian basin of the Lower St. Lawrence and Gaspésie area (Fig. 1). In view of the fact that sandstone-lead deposits (Bjerlykke and Sangster, 1981) are, or have been, mined in several countries (e.g . Laisvall in Sweden: see Rickard et al., 1979; Largentiere in France: see Foglierini et al., 1980), the mere presence of occurrences in Quebec indicates that the mineral potential of some parts of the Appalachians requires further evaluation.Exploration for the deposits considered here is essentially restricted to geological methods and drilJing (e.g . Mainguet Suares and Samama, 1969), since the response to geophysical methods is virtually nil, at least in the initial, surficial stage of an exploration program. As the particular disciplines of geology utilized in exploration depend a great deal on the geological setting of a mineral occurrence, the diversity of the Quebec deposits is of prime importance. Therefore, the four occurrences (Fig. I, Table 1) studied by the authors are herein briefly described with emphasis on their stratigraphic and tectonic setting, and on the evolution of pore space and sequential occlusion of pores and fractures. Prior to further research in and around the occurrences, now in progress (e.g. Beaudoin, 1987; Beaudoin et al., 1987), it is hoped that the following outline will be useful to the explorationist."

Jan 1, 1987

By J. G. Price

"The paper reviews state-of-the art welding processes and consumables for structural and pressure equipment applications in offshore environments, particularly the Arctic. Optimum selection of consumables will be discussed with regard to the facility to meet tentative toughness requirements in weldments. Finally, the development of welding procedure specifications will be considered in relation to the prevention of hot or cold cracking and lamellar tearing.Welding RequirementsGeneralThe exploitation of Canadian frontier oil and gas reserves will require a fleet of various types of offshore structures. These will include fixed jacket types and semi-submersibles for the East Coast with huge man-made islands and icebreakers for the Arctic regions. Both these regions will also require supply and drill ships plus subsea pipelines and cargo tankers for transportation. Clearly the welding of these items will plays large part in the over-all integrity and safety of exploration and production operations.The required development in structural steels and pressure vessel steels, for current and future offshore structures, to improve properties, particularly toughness for lower temperature service, has also prompted welding researchers to develop process and consumable combinations to match the parent plate specifications. This development has had to consider particular aspects of weldability such as a low susceptibility to cold cracking and preventing low HAZ toughness. Current research has centred on attempts to increase HAZ toughness with higher heat input welding of newly developed structural steels.The installation of Arctic region pipelines has provided a sound base for future, more complex fabrications in the most severe service temperatures in the Canadian frontier although few of the installations have been designed to the lowest possible exposed temperature of -62°C."

Jan 1, 1987

By S. J. Haynes

"This paper documents the characteristics of the different quartz veins, and their relation to gold, in the turbiditic Meguma domain of eastern Nova Scotia. Eleven different types have been distinguished in the greenschist facies on the basis of form, internal structure, mineralogy, wallrock alteration and crosscutting relationships to each other and to regional structures. Gold is present as rare visible disseminations in host rock slates and in ore-grade, early-formed veins, that pre-date the formation of upright Acadian folds and intrusions of Devonian granitoids. Four vein types pre-date Acadian folding. Five gold-deficient vein types are associated with Acadian folding (syndeformation); whereas two gold-deficient vein types clearly post-date this deformational event: Previously unreported, wall rock alteration is associated with early crosscutting and semiconcordant auriferous veins. In contrast, early stratiform veins are devoid of wallrock alteration. It is suggested that the auriferous vein arrays formed as submarine exhalitive systems over synsedimentary tensional faults and that the Meguma domain may represent the opening of a basin similar to the modernGuaymas rift .IntroductionThe term ""turbidite-hosted gold deposits"" is introduced to distinguish gold deposits contained within a turbiditic sequence of wackes and shales (or their metamorphosed equivalents) from gold deposits in other types of sediments. Usage and justification for the term is similar to ""carbonate-hosted lead-zinc deposits"" or ""volcanogenic massive sulphides"". A range of different characteristics can be present in individual deposits, some of which may be indicative of specific deposit types in the same manner that volcanogenic massive sulphides can be subdivided into ""Cyprus type"", ""Kuroko type"", ""Besshi type"", etc. Historically, gold deposits hosted by turbiditic flysch were an important class of quartz-vein gold mines in the 19th century. They included the goldfields of Victoria, Australia, Otago, New Zealand and Nova Scotia, Canada. Production from most of these fields had ceased by World War II and interest in this type of deposit waned. However, the recent exploration interest in gold has resulted in both re-assessment of the classical mining camps and the discovery that ""turbidite-hosted"" gold deposits are present in many parts of the world.Mapping of the regional geology and gold deposits of the Megumadomain of Nova Scotia was carried out by E.R. Faribault of the Geological Survey of Canada between 1886 and 1939. Faribault produced a comprehensive series of maps and reports for each gold district, a compendium of which was published by Malcolm (1929)."

Jan 1, 1987

By R. Al-Hent, M. Aissa, J. Asfahani

"This paper focuses on determining the favorable geological and hydrogeological conditions for forming uranium occurrences in the Froqlos-Jabal Abou Rabah region, Palmyrides, Syria. Eighty rock samples from this area were analyzed by spectrometric gamma-ray technique to determine the radioactive concentrations of eU and eTh, and of %K. Uranium concentrations in shallow and deep groundwaters were also determined. High uranium concentrations were registered owing to the presence of phosphatic outcrops in the study region. The uranium migration trends and its remobilization were analyzed through the analysis of the behavior of eU, eTh, and their ratio. A positive relationship between eU and eU/eTh, and a negative relationship between eTh and eU/eTh in geological formations of different ages supports the secondary remobilization of uranium. The role of groundwater movement in transportation and redeposition of uranium mineralization is discussed: deep waters are less oxidizing than near-surface waters, and do not appear to have significantly remobilized uranium. This indicates that the source of secondary uranium mineralization is surficial or near surficial, and is mainly related to the leaching of outcropping phosphatic layers.Integration of the results with established radioactive and geological sections reveals four radioactive anomalous zones: north Froqlos, Kherbet Hannora, northwestern flanks of Jabal Abou Rabah (Kherbet Al-Hajar), and the northwestern limit of the Ghuntor depression. The high uranium concentration in north Froqlos is because of its original presence in the phosphate beds and extensive fracturing, which allows groundwaters to penetrate and remobilize the uranium. High uranium concentrations in the other three locations are caused by the presence of evaporites and capillary action, which draws solutions upwards and causes redeposition as surface crusts (gypcrete)."

Jan 1, 2009

By D. W. McDonald, L. M. Heaman, R. A. Creaser, T. Davies, T. Chacko, A. Simonetti

"The Three Bluffs gold deposit is located in the Committee Bay greenstone belt, which forms part of the Rae domain of the western Churchill province, Nunavut, Canada. Gold mineralization is hosted by iron formation of the Neoarchean volcanosedimentary Prince Albert Group, and is associated with silicification (quartz veining) and sulfidation of magnetite and other Fe-rich minerals. Conventional U-Pb zircon dating of a conformable dacite unit within the volcanosedimentary host-rock sequence and a crosscutting diorite intrusion confirm a ~2.7 Ga age for deposition of the supracrustal package. U-Pb monazite dates and Pb isotopic analyses of sulfides were obtained by laser ablation-multicollector-inductively coupled plasma-mass spectrometry (LA-MC-ICP-MS). A subset of U-Pb monazite (1813.8 ± 8.7 Ma) and Re-Os arsenopyrite (1822 ± 21 Ma) dates, combined with a Pb-Pb secondary errorchron age for pyrite and arsenopyrite (1829 ± 77 Ma), suggest that gold mineralization associated with sulfidation of the iron formation occurred at ~1815 Ma, prior to high-grade (upper amphibolite facies) tectonometamorphism in the Three Bluffs area (D2TB/(M2TB). An ~1815 Ma age for deposit formation is broadly consistent with evidence from elsewhere in the western Churchill province and to the southwest in Manitoba and Saskatchewan for a late Trans-Hudson (1.9-1.8 Ga) gold mineralizing event. The majority of U-Pb monazite ages form a second population at 1780.6 ± 4.2 Ma, similar to the age of the majority of Re-Os arsenopyrite analyses (1763 ± 11 Ma). These dates are thought to reflect the timing of peak M2TB metamorphism. 40Ar/39Ar dating of amphibole, biotite, and muscovite yielded plateau ages ranging from 1723.8 ± 9.0 Ma to 1710 ± 17 Ma, which are interpreted to record the timing of postpeak metamorphic cooling to below the respective closure temperatures for Ar diffusion in these minerals. Le gîte aurifère de Three Bluffs est situé dans la ceinture de roches vertes de Committee Bay, laquelle appartient au domaine de Rae dans l’ouest de la province de Churchill, au Nunavut, Canada. La minéralisation aurifère est encaissée par des formations de fer d’âge Néoarchéen appartenant aux roches volcanosédimentaire du Groupe de Prince Albert; la minéralisation est associée à de la silicification (veines de quartz) ainsi qu’à la sulfidation de la magnétite et d’autre minéraux riches en Fe.Les résultats de la géochronologie U-Pb conventionnelle sur une unité de dacite concordante au sein de la séquence volcanosédimentaire ainsi que d’une intrusion de diorite qui les recoupe indiquent que ces roches supracrustales ont un âge de ~2.7 Ga. Les âges U-Pb de la monazite ainsi que les analyses des isotopes du plomb des sulfures ont été obtenus par ablation laser (LA-MC-ICP-MS). Certains des âges U-Pb obtenus à partir de la monazite (1813.8 ± 8.7 Ma) et des âges Re-Os retournés par l’arsénopyrite (1822 ± 21 Ma), en association avec l’âge indiqué par une isochrone à données dispersées « errochron » secondaire Pb-Pb pour la pyrite et l’arsénopyrite (1829 ± 77 Ma), suggèrent que la minéralisation aurifère associée à la sulfidation de la formation de fer s’est formée vers ~1815 Ma, avant que l’événement tectonométamorphique (D2TB/(M2TB) de niveau élevé (faciès des amphibolites supérieures) affecte le secteur de Three Bluffs. Un âge de mise en place de ~1815 Ma pour ce gîte est compatible avec les données en provenance de l’ouest de la province de Churchill ainsi que plus au sud-ouest au Manitoba et en Saskatchewan qui indiquent la mise en place de minéralisations aurifères à la fin de l’orogénèse Trans-Hudsonienne (1.9-1.8 Ga).La majorité des âges U-Pb de la monazite constituent une seconde population formée à 1780.6 ± 4.2 Ma, ce qui est similaireLà l’âge obtenu pour la plupart des analyses Re-Os sur l’arsénopyrite (1763 ± 11 Ma). Ces âges reflètent probablement l’atteinte du pic métamorphique M2TB.La géochronologie 40Ar/39Ar de l’amphibole, de la bio"

Jan 1, 2009

By J. Asfahani

"The Schlumberger configuration used in geoelectrical sounding is slightly adapted here to obtain reliable data for both shallow and deep penetration depths from the same survey. In this configuration, two kinds of current electrode half-spacings are used: the first enables construction of vertical electrical resistivity sounding (VES) curves for shallow depths (<50 m), and the second for depths =250 m. For a given VES location, two field curves are measured and interpreted using two standard approaches. Practical characteristics of such a modified configuration are illustrated with two field applications in Syria. The first aims to characterize the structure of Quaternary and recent deposits in the Al-Ghab depression region, and the second deals with exploration for phosphatic sedimentary units in the Al-Sharquieh mine. La configuration de Schlumberger normalement employée dans les levés géoélectriques a été légèrement modifiée afin d’obtenir des données fiables à faible et forte profondeur durant le même levé. Dans cette nouvelle configuration, deux types de demi-espacements des électrodes sont utilisés : le premier permet le développement de courbes de sondage de résistivité électrique verticales (REV) pour les faibles profondeurs (<50 m), et le second atteint des profondeurs =250 m. Pour une localité REV donnée, deux courbes de champs sont donc mesurées et interprétées grâce à deux approches standardisées. Les caractéristiques pratiques de cette configuration modifiée sont illustrées par deus exemples d’application en Syrie. Le premier vise la caractérisation de la structure des dépôts Quaternaires et récents de la région de la dépression d’Al-Ghab, et le second traite de l’exploration pour des unités phosphatiques sédimentaires à la mine Al-Sharquieh."

Jan 1, 2009