Champion Bear Resources Ltd.: EM Survey Commences on Hess Offset Dike Property, Sudbury

Champion Bear Resources Limited (TSX VENTURE:CBA) ("Champion Bear" or the
"Company") is pleased to report that a deep-penetrating electro-magnetic (EM)
survey has been initiated on the 50% owned Hess Offset Dike joint venture
property near Sudbury, Ontario. The EM survey is a direct detection geophysical
tool designed to identify specific targets for drill testing in this highly
prospective and underexplored massive sulphide environment. As previously
reported by joint venture partner and project operator Wallbridge Mining (see
press release January 20, 2011), summer field work, including geological mapping
and prospecting, has been very successful at delineating the extent of the Hess
Offset Dike, and has discovered additional dike material representing new target
areas on the property. 


The Hess property comprises 2,448 hectares and is located in the north range
footwall of the Sudbury Mining Camp. The property covers an important 14
kilometre strike of the Hess Offset Dike, hosts sulphide showings and adjoins a
near surface sulphide zone held by Vale where historic drilling intersected
1.27% nickel, 1.07% copper, and 2.34g/t platinum, palladium, and gold over 7.25
metres. Champion Bear's 100% owned Iron Mask property lies directly on strike of
the Hess Offset Dike. In the Sudbury Mining Camp, offset dikes are attractive
exploration targets as they host many of the major mines and ore deposits
including several recent high grade discoveries such as, for example, the
Victoria property by Quadra FNX.


The 70 line kilometre deep-penetrating geophysical EM survey is being conducted
by Abitibi Geophysics employing their new InfiniTEM II system designed to
effectively detect buried sulphide bodies. The survey will encompass the entire
14 kilometre extent of the Hess Offset Dike and include the known sulphide
showings as well the area where the new dike material was discovered, and an
area where weak airborne conductive responses occur in proximity to the Dike. No
previous ground EM surveys have been conducted on the property. The survey is
scheduled to be completed by mid-March and results will be immediately analysed
in anticipation of drilling. 


Richard Kantor, President of Champion Bear reported: "This is an exciting stage
of the work program for us. The successful summer field programs completed by
Wallbridge staff have given us confidence to employ this high-power survey which
is the first ever ground EM survey conducted on the property. The survey will
effectively test this large, highly prospective offset dike for Sudbury
footwall-type sulphides and directly and effectively detect sulphide bodies for
drill testing." 


The Qualified Person responsible for the technical content of this press release
is Rob Foy, P. Geo., a qualified person as defined by National Instrument
43-101, of Foy Geological Services, Champion Bear's consulting geologist.


About Champion Bear

Champion Bear is a mineral exploration company focused exclusively on the
historically prospective regions of Ontario. Champion Bear's primary target is
platinum group and precious metals and to a lesser extent polymetallic base
metal and pegmatite-hosted tantalum deposits. Champion Bear's aim is to create
shareholder value through selective property acquisition and joint venture
followed by focused exploration emphasizing drilling. The Company has assembled
a large land position in the Dryden and Sudbury areas, totaling over 24,000
hectares.


This news release contains forward-looking statements concerning the timing and
composition of the surveying, sampling, prospecting, mapping, drilling and
exploration programs to be completed on certain of Champion Bear's mineral
properties which are based on Champion Bear's current internal expectations,
which may prove to be incorrect. These statements are not a guarantee of future
performance and undue reliance should not be placed on them. Such
forward-looking statements necessarily involve known and unknown risks and
uncertainties that are common to junior mineral exploration companies. These
risks and uncertainties include, among other things, Champion Bear's need for
additional funding to continue its exploration efforts, changes in general
economic, market and business conditions; and competition for, among other
things, capital and skilled personnel. The Company undertakes no obligation to
update or revise any forward-looking statements except as expressly required by
applicable securities laws.