Consolidated Thompson Iron Mines Ltd.

For its Feasibility Study to Increase Production from 8.0 to 16.0 Million Tonnes of Iron Ore Concentrate Per Year at the Bloom Lake Project

MONTREAL, QUEBEC -- (Marketwire) -- 07/06/10 -- Consolidated Thompson Iron Mines Limited (TSX: CLM) ('CLM' or the 'Corporation') is pleased to announce that it has filed on SEDAR a 43-101 compliant technical report following the previous announcement on May 19, 2010 of the Feasibility Study (the 'Study') to increase production of the Bloom Lake Iron Ore project from 8.0 to 16.0 million tonnes of concentrate per year ('MTPY') expected to commence in the third quarter of 2012. The Study was completed by CIMA+ ('CIMA'), an international engineering firm based in Montreal. The principal authors of the report are Mr. Rejean Foisy, Eng., Ph.D. (CIMA+), Michel Bourassa, Eng (Soutex), John Lemieux, Eng. (Amec), Patrice Live, Eng. (BBA) and Mrs. Nicole Rioux, Geologist (Genivar). They are all qualified persons as defined in National Instrument 43-101 and are independent of the Corporation.