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Crosshair Energy (TSX:CXX) has mobilized its drill crew for the 2012 program at the company’s newly consolidated uranium-vanadium CMB project in Labrador.
Crosshair Energy (TSX:CXX) has mobilized its drill crew for the 2012 program at the company’s newly consolidated uranium-vanadium CMB project in Labrador.
As quoted in the press release:
The start of the program had been delayed due to forest fire conditions resulting from an unseasonably warm, dry spring. The $2.2 million program will focus on the Two Time, Firestone, Blue Star and C zones, with up to 3,500 metres (11,480 feet) of drilling. The goal of this year’s program is to expand the existing uranium and vanadium resources, as well as test new uranium targets within the main property.
Mark Ludwig, President and CEO of Crosshair stated:
We are pleased that our 2012 CMB program is underway.