Champion Bear Provides Drilling Update on Parkin Joint Venture With Wallbridge and Impala

Reported by marketwire on Tuesday, 17 November 2009 (on November 17, 2009)

CALGARY, ALBERTA--(Marketwire - Nov. 17, 2009) - Champion Bear Resources Ltd. ("Champion Bear" or the "Company") (TSX VENTURE:CBA) is pleased to provide an exploration update on its Parkin Offset Cu-Ni-Pt-Pd-Au properties in the Sudbury mining camp. Two holes totaling 1,507 metres and additional down-hole geophysical surveys have been completed. Wallbridge Mining Company Limited ("Wallbridge") is the operator and together with joint venture partner Impala Platinum Holdings Limited ("Impala"), the world's second largest primary platinum producer, have allocated a minimum of $600,000 dollars to the 2009 exploration program on the Champion Bear Parkin Offset dyke properties in Sudbury, Ontario.

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