Crosshair Reports Initial Gold Recoveries of 98% at Golden Promise

- June 2nd, 2010

Crosshair Exploration & Mining Corp. (TSX:CXX)(NYSE Amex:CXZ)reported that the first set of results from the metallurgical test work has been received from the Golden Promise Project in central Newfoundland, Canada.

Crosshair Exploration & Mining Corp. (TSX:CXX)(NYSE Amex:CXZ)reported that the first set of results from the metallurgical test work has been received from the Golden Promise Project in central Newfoundland, Canada.

The press release is quoted as saying:

Crosshair is a prominent player in the exploration and development of uranium, vanadium and gold in the US and Canada. Its flagship Project, Bootheel, is located in uranium mining friendly Wyoming and with its in-situ mining potential; Bootheel is designed for near term production. The CMB Uranium/Vanadium Project is located in Labrador, Canada and has four currently defined resources – C Zone, Area 1, Armstrong and Two Time Zone. The Crosshair team is comprised of knowledgeable and experienced professionals with both exploration and mining backgrounds.

Click here to access the entire press release

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