Lamelee South

Exploration-stage iron ore property in the Fermont area of Quebec, in the Labrador Trough. Resource estimate based on a July 28, 2017 NI 43-101 technical report with an effective date of January 26, 2017. Estimates are disclosed as historical, non-compliant with NI 43-101 or the JORC Code, and should not be relied upon; Champion is not treating them as current. The Company is subject to limited production payments on the Lac Lamelee property. Part of the broader Labrador Trough exploration portfolio.