Media Advisory: Consolidated Thompson Iron Mines to Announce 2nd Quarter Financial Results for Fiscal 2010 on August 6, 2010

MONTREAL, QUEBEC -- (Marketwire) -- 07/30/10 -- Attention: Business / Financial Editors

Consolidated Thompson Iron Mines Ltd. (TSX: CLM) will release its second quarter financial results for Fiscal 2010 on Friday, August 6, 2010 prior to 7:30 a.m. The publication of these results, via newswire and on SEDAR, will be followed by an financial analyst conference call with senior executives to review and discuss the operational and financial quarterly results for the three-month period ended June 30, 2010.

Participants will include Brian V. Tobin - Executive Chairman, Richard Quesnel - President and Chief Executive Officer and Francois Laurin - Chief Financial Officer. Their presentation will be followed by a question and answer period for financial analysts and media.

Date:                 Friday, August 6, 2010
Time:                 10:00 a.m.
Dial-in numbers:      416-340-8530
                      or 877-240-9772 (toll free North America)

A replay of the Q2 results conference call will be available starting at 2:00 p.m. on the day of the call, until 11:59 p.m., August 13, 2010 by dialling the number below or in the Investor section of the company's website at www.consolidatedthompson.com.

Replay number:        416-695-5800 or
                      1-800-408-3053, passcode: 4512787#.

About Consolidated Thompson Iron Mines Limited

Consolidated Thompson Iron Mines Limited is a development and exploration mining Corporation focused on the iron ore mining industry. Based in Montreal, Canada, it has iron ore rich mining properties in the well-known Labrador Trough that spans North-Eastern Quebec and Western Newfoundland and Labrador. It is currently operating the Lake Bloom mine at the initial rate of 8.0 million tonnes per year. As an emerging world-class producer, Consolidated Thompson is listed on the Toronto Stock Exchange under the 'CLM' symbol and is part of several S&P/TSX indices including the S&P/TSX Composite Index.

Contacts:

Consolidated Thompson Iron Mines Limited

Richard Quesnel

President and Chief Executive Officer

(514) 396-6345


Consolidated Thompson Iron Mines Limited

Francois Laurin

Chief Financial Officer

(514) 396-6345
www.consolidatedthompson.com