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Crosshair Drills 0.12% eU3O8 Over 20 Feet at Juniper Ridge
Jul. 27, 2011 (Filing Services Canada) -- Crosshair Drills 0.12% eU3O8 Over 20 Feet at Juniper R...
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[{"type":"text","content":"\nCrosshair Drills 0.12% eU3O8 Over 20 Feet at Juniper Ridge\n\nJul. 27, 2011 (Filing Services Canada) -- Crosshair Drills 0.12% eU3O8 Over 20 Feet at Juniper Ridge Vancouver, British Columbia CANADA, July 27, 2011 /FSC/ - Crosshair Exploration Mining Corp. (CXX - TSX, CXZ - NYSE Amex), is pleased to announce additional results from the ongoing drill program on the Juniper Ridge Uranium Project in southwest Wyoming.A total of 224 holes (42,032 feet) have been drilled to date. The 2011 program is designed to confirm historical results, which indicated that the Project was amenable to an open-pit, heap leach operation.Results from the first 169 holes of the 2011 program reported to date are similar in grade and thickness to the historical results.Highlights from the most recent holes include: -***- ------------------------------------------------------------ Drill HoleFrom (feet)To (feet)Length (feet) % eU3O8* ------------------------------------------------------------ JR-11-139 81.5 92.5 11.00.183 JR-11-146 84.0 93.59.50.190 JR-11-149 83.5 91.07.50.330 JR-11-150 63.5 80.5 17.00.099 JR-11-187115.0135.0 20.00.120 JR-11-252 79.5 90.0 10.50.098 JR-11-325 52.5 58.05.50.878 JR-11-327113.0130.0 17.00.053 JR-11-334 44.5 55.0 10.50.071 and 72.5 74.52.00.209 JR-11-358 45.0 58.5 13.50.081 ------------------------------------------------------------ -****- NOTE: Holes not drilled in numerical sequence. \"Drilling is going very well and we`re excited that our results continue to be similar to the historical results,\" says Stewart Wallis, P.Geo., President and CEO.\"The recent news that Uranerz Energy (TSX:URZ) (AMEX:URZ) has now received all their permits necessary for production from the Nichols Ranch ISR Project in Wyoming greatly enhances the prospectivity for uranium production in Wyoming.\" These results fall within the area of the historical uranium resource. All holes are vertical and the thicknesses above are approximately true width.The goal of the current drill program is to confirm and expand the historical uranium resource into a National Instrument (NI) 43-101 compliant resource. Complete geophysical probe highlights and a drill plan map can be found on the Crosshair website at: http://www.crosshairexploration.com/s/JuniperRidge.asp. Composite results are based on a minimum 0.02% eU3O8 and a grade x thickness (GT) of 0.1. * The...