03:43 PM EST - Champion Iron Mines : reports that Cartier Iron Corporation earlier today announced an initial Mineral Resource Estimate (MRE) for the Penguin Lake Project located within what Cartier Iron refers to as the recently consolidated Round Lake Property, one of the Gagnon Holdings referred to by Champion as "Cluster 3". As reported by Cartier Iron, the MRE reported 531.1 million tonnes grading 33.1%. Total Iron ("FeT") of In-pit Inferred Resources at a 15% FeT cut-off grade. Champion Iron Mines
shares T.CHM are trading down $0.005 at $0.31.