Champion Iron Ltd.'s (CIA) subsidiary Champion Iron Mines Ltd reported results of recent exploration drilling at its Powderhorn property, located in North Central Newfoundland, 40 km southwest of the town of Springdale. This program intersected several zinc (Zn) rich intervals, including drill hole PH18-01 which intersected 3.31% Zn, 0.53% copper (Cu) and 48 g/t silver (Ag) over 4.45 meters, 5.2% Zn, 0.48% Cu and 22 g/t Ag over 4.46 meters and 1.18% Cu over 0.69 meter. Drill hole PH18-06, located 100 meters away, intersected 6.94% Zn and 48 g/t Ag over 3.35m, including a 1-meter width which returned 16.4% Zn.
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