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Crosshair Intersects 0.23% Vanadium Over 75.0 Metres

Crosshair Intersects 0.23% Vanadium Over 75.0 Metres

articleGlobal Crossing Airlines Group, Inc.September 8, 20103/company/global-crossing-airlines-inc/news/crosshair-intersects-023percent-vanadium-over-750-metres
Crosshair Intersects 0.23% Vanadium Over 75.0 Metres

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[{"type":"text","content":"\nCrosshair Intersects 0.23% Vanadium Over 75.0 Metres\n\n\n Sep. 8, 2010 (Filing Services Canada) -- Crosshair Exploration & Mining Corp. (CXX - TSX, CXZ - American), (\"Crosshair\") is pleased to announce the first set of results from Phase II of the vanadium program on the Central Mineral Belt (CMB) Project in Labrador.  The vanadium resource expansion program has been planned with the goal of adding significant pounds of vanadium to the existing vanadium resource without the need for further drilling.  Given the fact that the previous drill programs on the CMB Project focused exclusively on uranium, most holes were originally sampled only where uranium was encountered.  Highlights from recently assayed holes include:- 0.231% vanadium (V2O5) over 75.0 metres (m) (from 27.0m to 102.0m) including  0.407% V2O5 over 7.0m (from 73.6m to 80.6m) in hole ML-59, and- 0.167% V2O5 over 32.0 m (from 139.0m to 171.0m) in hole ML-61, and- 0.176% V2O5 over 61.7 m (from 160.3m to 222.0m) including  0.292% V2O5 over 9.0 m (from 161.0m to 170.0m) in hole ML-63, and- 0.199% V2O5 over 20.0 m (from 178.0m to 198.0m) and  0.195% V2O5 over 41.0m (from 206.0m to 247.0m) and   0.179% V2O5 over 31.2m (from 253.0m to 284.2m) in hole ML-73, and- 0.178% V2O5 over 39.5 m (from 3.0m to 42.5m) in hole ML-83, and- 0.194% V2O5 over 29.5m (from 51.2m to 80.7m) in hole ML-21.       NOTE: The holes were not sampled in sequence.This set of results represents the last results from the central portion of the existing resource.  The remainder of the holes are from the southern portion of the deposit.  Once all results have been received, an updated NI 43-101 resource calculation will be carried out.Complete vanadium assay highlights are posted on the Crosshair website at:  http://www.crosshairexploration.com/i/pdf/Vanadium_Assay_Highlights.pdf.  Crosshair's exploration work on the CMB Project is managed by Barry Sparkes, P.Geo. and supervised by Stewart Wallis, P.Geo.  Mr. Wallis is a member of the Professional Engineers and Geoscientists of BC, the President and CEO of Crosshair and a Qualified Person as defined by NI 43-101.  Mr. Wallis has verified that the assay results presented above have been accuratel...

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