Champion Minerals Announces Inclusion to the S&P/TSX SmallCap Index

TORONTO, ONTARIO -- (Marketwire) -- 09/12/11 -- Champion Minerals Inc. ('Champion' or the 'Company') (TSX: CHM)(FRANKFURT: P02) is pleased to announce that Champion will be added to the S&P/TSX SmallCap Index effective after the close of trading on Friday September 16, 2011. This addition was announced after Standard & Poor's Canadian Index Operations released the results of the annual review of the S&P/TSX SmallCap Index after the close of trading on September 9, 2011.

Thomas Larsen, Champion's President and C.E.O., stated, 'We are pleased with this latest milestone for Champion and its shareholders. Increasing our visibility and profile on the TSX, which is one of the world's pre-eminent exchanges for mineral resources companies, represents a positive step for the Company. Champion looks forward to continued advancements by increasing shareholder value through the development of the Fire Lake North Project and the advancement of complimentary Fermont projects.'

About Champion Minerals Inc.

Champion Minerals is an iron ore exploration and development company with offices in Montreal and Toronto, focused on developing its significant iron ore resources in the provinces of Quebec and Newfoundland & Labrador. The Company's projects include: the Fermont Holdings in Quebec, jointly held by Champion (82.5% interest) and Fancamp Exploration Ltd. (17.5% interest); and the Attikamagen Iron Property in Quebec and Labrador. Champion's Fermont Property Holdings, including the flagship Fire Lake North Project, are located in Canada's major iron ore producing district among three producing mines. Champion's team and advisory board includes mining and exploration professionals with substantial iron ore expertise to effectively advance the Fire Lake North Project into production.

Please visit Champion's website at www.championminerals.com.

Statements made in this news release that are 'forward-looking statements' not historical facts. Readers are cautioned that any such statements are not guarantees of future performance, and that actual developments or results may vary materially from those stated herein.

Contacts:

Champion Minerals Inc.

Thomas G. Larsen

President and CEO

(416) 866-2200


Champion Minerals Inc.

Jorge Estepa

Vice-President

(416) 866-2200


Champion Minerals Inc.

Salisha Hosein

Director, Investor Relations

(416) 866-2200
www.championminerals.com.