Quinto Claims (Peppler Lake / Lamelee North / Hobdad)

Exploration-stage iron ore property in the Fermont area of Quebec, adjacent to the Consolidated Fire Lake North project. The Quinto holding comprises several iron deposits and occurrences (Peppler Lake, Lamelee North, Hobdad), all dominated by magnetite over hematite with small amounts of iron silicates. Resource estimates for Peppler Lake, Lamelee North and Hobdad are based on February 15, 2013 technical reports (effective date December 31, 2012). All estimates are explicitly 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. Part of the Company's broader portfolio of exploration and development properties in the Labrador Trough.