Crosshair Continues Confirming Historical Results in Preparation for an Initial Resource Estimate at Juniper Ridge

Crosshair Exploration & Mining Corp. (TSX:CXX,AMEX:CXZ) reported additional results from the ongoing drill program on the Juniper Ridge uranium project, Wyoming.

The press release is quoted as saying:

The 2011 program is successfully confirming historical results, which indicate that the Project may be amenable to an open-pit, heap leach operation.

Crosshair’s President and CEO, Stewart Wallis, P.Geo said:

“The drilling is going extremely well and the program is nearing completion.” “We look forward to incorporating these results to produce a compliant resource estimate later this year to be followed by a preliminary economic assessment in Q1 2012.”

Click here to access the entire news release.