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    Crosshair buys Labrador property

    Melissa Pistilli
    Aug. 01, 2008 02:07PM PST
    Market News

    The Telegram reports Crosshair has closed an agreement with Universal Uranium to acquire all of its 60%  interest in the CMB, Labrador. The uranium project consists of approximately 4,741 claims, including the Two Time uranium deposit, which sits outside the Labrador Inuit Land area. The Two Time Zone is the most advanced prospect within Universal’s 1,184 square kilometre …

    The Telegram reports Crosshair has closed an agreement with Universal Uranium to acquire all of its 60%  interest in the CMB, Labrador.

    The uranium project consists of approximately 4,741 claims, including the Two Time uranium deposit, which sits outside the Labrador Inuit Land area.
    The Two Time Zone is the most advanced prospect within Universal’s 1,184 square kilometre land holdings and is a joint venture partnership with Silver Spruce Resources. Crosshair will be the operator of the project.

    For complete story, click this link. Follow developments in uranium mining and exploration for free. Sign on to the Uranium Investing Newsletter.

     

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