Champion Bear Posts Initial Mineral Resource Estimation and Technical Report for the Plomp Farm Gold Deposit, NW Ontario, Canada

Champion Bear Posts Initial Mineral Resource Estimation and Technical

Report for the Plomp Farm Gold Deposit, NW Ontario, Canada

CALGARY, Alberta, Feb. 07, 2018 -- CHAMPION BEAR RESOURCES LTD. (TSV:CBA) ("Champion Bear" or the "Company")

has posted on the company website (www.championbear.com) it’s Initial Mineral Resource Estimation and Technical Report

for the Plomp Farm Gold Deposit located approximately 20 kilometers west of Dryden, Ontario, Canada.  The previously

announced Initial Mineral Resource Estimate was prepared by WSP Canada Inc. (“WSP”) Manager – Mining Todd McCracken,

P.Geo., as the Qualified Person (“QP”), in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum (“CIM”)

Definition Standards incorporated in National Instrument 43-101.  Mr. McCracken, who is an independent qualified person

under NI43-101, has reviewed and approved the contents of this release.

The report can be viewed on SEDAR and now the company’s website at www.championbear.com.

No regulatory authority has approved or disapproved the information contained in this news release. Neither the TSX Venture

Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts

responsibility for the adequacy or accuracy of this release.

Richard D. Kantor

Chairman and President of Champion Bear Resources Ltd.

Tel: (403) 229-9522

www.championbear.com