Crosshair Continues Toward NI 43-101 Resource Estimate at Juniper Ridge

Crosshair Energy Corporation (TSX:CXX,NYSE:CXZ) announced the completion of its drill program at the Juniper Ridge uranium project.

As quoted in the press release:

The 2011 program of 400 mud rotary holes, totaling 78,253 feet, has confirmed the historical data from the property which indicated 5.2 million tons of uranium, grading 0.067% U3O8 for a total of 6.97 million pounds of uranium. Results from the 2011 program, including this final set of 48 holes, are currently being evaluated by independent contractor, BRS, Inc. of Riverton, WY, in order to complete an NI 43-101 complaint initial Resource Estimate on Juniper Ridge by Q4 2011.

Click here to read the Crosshair Energy Corporation (TSX:CXX) press release.