00:47:44 EDT Thu 01 Oct 2020
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Champion Iron to ramp up operations at Bloom Lake

2020-04-23 16:44 ET - News Release

Mr. David Cataford reports

CHAMPION IRON TO RAMP UP MINING OPERATIONS AT ITS BLOOM LAKE MINE, FURTHER TO THE GOVERNMENT OF QUEBEC'S COVID-19 CONTAINMENT DIRECTIVES

Champion Iron Ltd. will gradually ramp up operations at the Bloom Lake mining complex, following an announcement from the Quebec government that effective April 15, 2020, mining is to be considered a priority service and allowed to resume normal operations in the province of Quebec, Canada, conditional on the implementation of guidelines aiming to contain the risks related to COVID-19. On March 24, 2020, the company announced the ramping down of operations at Bloom Lake, following a directive from the government, which required mining activities to be reduced to a minimum in the province of Quebec, Canada.

The health and safety of employees, partners and communities remains a priority. Following agreements relating to the implementation of the government guidelines to mitigate the risks related to COVID-19 by the company, its unionized work force and partners, operations are expected to gradually ramp up over the coming weeks. With a commitment to participate in the collective effort to limit the spread of COVID-19, the company continues to work with the surrounding first nation groups and local communities to implement adaptive measures aiming to preserve everyone's health and safety. In line with government guidelines, Champion has implemented several measures in its efforts to mitigate risks related to COVID-19. Implemented safety precautions include: additional monitoring of employees' health; temperature control prior to travelling to and entering Bloom Lake; isolation measures from the nearby communities; additional transportation capacity to enable adequate social distancing; amended work schedules to reduce travel volumes; additional medical support; and new disinfection and distancing protocols at the mine site. The current measures in place are monitored and enhanced or revised, when required, by the company's executive team.

Champion's chief executive officer, David Cataford, said: "Being recognized as a priority service comes with great responsibilities. Although we aim to ramp up operations, our focus remains on protecting everyone's health and safety. I am thankful for the support we have received from the local communities, our partners and our union in response to the unprecedented challenges related to the COVID-19 pandemic, including their rapid adoption of new measures required by the company and the government in order to ramp up operations."

About Champion Iron Ltd.

The company, through its subsidiary, Quebec Iron Ore Inc., owns and operates the Bloom Lake mining complex, located on the south end of the Labrador Trough, approximately 13 kilometres north of Fermont, Que., adjacent to established iron ore producers.

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