03:50 PM EST - Champion Iron Mines Limited : provided an update of developments on the Feasibility Study of its flagship Consolidated Fire Lake North project located in the Fermont Iron Ore District of Québec. Champion continues to participate with the Québec government in the advancement of a multi-user railway solution to connect mine developers and producers in the Labrador Trough with the Port of Sept-Ile's new multi-user ship loading facilities at Pointe Noire. This remains Champion's preferred railway and port solution following evaluation and consideration of alternatives including several independent rail options to Pointe Noire and alternatives to access Baie-Comeau. Champion Iron Mines Limited
shares T.CHM are trading down $0.01 at $0.34.
