Crosshair updates exploration & reports start of drilling

Crosshair Exploration & Mining Corp. reports on the 2008 summer exploration program on CMB uranium project in Labrador and reports drilling along the main Armstrong.

Uranium mineralization was intersected by limited drilling carried out previously along a portion of the trend including in drill hole ML-A1-48 that returned 0.03% U3O8 and 0.23% vanadium (V2O5) over 5.0m from 47.0m to 52.0m including 0.10% U3O8 and 0.21% V2O5 over 1.5m from 48.5m to 50.0m and a second deeper intersection of 0.09% U3O8, 0.31% V2O5 and 0.29% copper over 1.5m from 150.5m to 152.0m.

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