Champion Bear Is Encouraged by Preliminary Assay Results From Its Definition Drilling Program at Eagle Rock Cu-Ni-Pge Property

Champion Bear Resources Ltd. ("Champion Bear" or the "Company") (TSX VENTURE: CBA) is encouraged by the preliminary assay results from the first phase (3211m) of its planned 10,000 m definition drilling program at its Eagle Rock property south west of Dryden, Ontario and expects to be able to define a bulk mineable open pit mineral resource.

The 13 recently completed drill holes were restricted to testing only the eastern portion of the property between Section 0+50W and 3+50E. All other areas of the Campbell Zone (1,100 metre zone between sections 7+00W and 4+00E) were inaccessible due to heavier than normal rains flooding the western area.

Table 1 below summarizes selected assay results for the thirteen drill holes completed in 2008.

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Table 1. Selected Assay Results for Eagle Rock 2008 drilling
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Hole #      From      To   Width  Au+Pt+Pd(i)      Cu      Ni  Cu(ii) Ni(ii)
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              (m)     (m)     (m)        ppb      ppm     ppm       %      %
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ER08-01A     156     174    18.0      721.00  3305.00  575.00   0.33   0.06
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 includes    157   167.2    10.2     1034.00  4811.00  731.00   0.48   0.07
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             225     275    50.0      654.00  2787.00  385.00   0.28   0.04
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 includes    247     252     5.0     1055.00  4350.00  583.00   0.44   0.06
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ER08-02    131.1     149    17.9      872.00  4615.00  655.00   0.46   0.07
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 includes  137.4     147     9.6     1320.00  6522.00  959.00   0.65   0.10
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ER08-03       88     101    13.0     1330.23  5997.69  963.69   0.60   0.10
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           109.5     112     2.5      716.06  3490.00  612.56   0.35   0.06
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             120     161    41.0      423.50  2098.29  276.27   0.21   0.03
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 includes    138     145     7.0      556.71  2737.14  326.29   0.27   0.03
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 includes    157     160     3.0      719.33  2610.00  336.00   0.26   0.03
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ER08-04      140   150.1    10.1      549.16  3569.50  455.01   0.36   0.05
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 includes    144   150.1     6.1      767.51  4957.54  623.48   0.50   0.06
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             240     245     5.0      554.60  2786.00  413.80   0.28   0.04
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             275   283.8     8.8      615.73  2176.70  394.64   0.22   0.04
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             279     283     4.0     1116.75  3832.50  669.75   0.38   0.07
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ER08-05      102     119    17.0      730.93  4120.92  823.22   0.41   0.08
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 includes    108     116     8.0     1215.63  6692.50 1367.88   0.67   0.14
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ER08-06      161   171.7    10.7      523.04  2979.91  400.21   0.30   0.04
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ER08-07    121.6   123.6     2.0      497.00  2075.00  338.50   0.21   0.03
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ER08-08   no significant values
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ER08-09   no significant values
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ER08-10   no significant values
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ER08-11   no significant values
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ER08-12      195     197     2.0      514.00  2465.00  322.00   0.25   0.03
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ER08-13   no significant values
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(i) Average composition is 23% Au, 29% Pt and 48% Pd
(ii) (converted from ppm)