Crosshair Begins Phase II Vanadium Resource Expansion Program

Crosshair Exploration & Mining Corp. (TSX:CXX,AMEX:CXZ) reports Phase II of the vanadium resource expansion program begins in Central Mineral Belt project, Labrador.

The program has been planned with the goal of significantly adding pounds of vanadium to the existing resource without further drilling. Phase I consisted of sampling the core at the core storage facilities in Goose Bay, Labrador and Phase II consists of sampling core at Crosshair’s Armstrong Camp in central Labrador.

Mark Morabito, Executive Chairman of Crosshair says:

“We are confident that when the uranium moratorium expires in March of next year, it will not be renewed.”  “We are gearing up for an exciting 2011 summer program and will continue from where we left off in 2008.”

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