11:44 AM EST - Champion Iron Mines Limited : updated the development and status of its 100% owned Consolidated Fire Lake North Project. The Company made substantial progress during 2012 in advancing major elements of the FLN Project including increasing and upgrading the mineral resources on the property, confirming the metallurgical profile and marketability of the concentrate product, negotiating port access at Sept Îles/Pointe Noire, developing rail transportation options and other project infrastructure. Champion Iron Mines Limited
shares T.CHM are trading down $0.06 at $0.69.
