Crosshair Drills 0.08% eU3O8 Over 7.5 Feet at Bootheel

Crosshair Exploration & Mining Corp. (TSX:CXX,NYSE:CXZ) announced the first set of results from the ongoing drill program at the Bootheel property.

As quoted in the press release,

This 30,000 feet (9,144 metres) drill program is focused on upgrading the existing inferred resource to the indicated category, capturing more of the historic resource, and exploring for new mineralization. An updated National Instrument (NI) 43-101 Mineral Resource estimate is expected by the end of Q4 2011, to be followed by a Preliminary Economic Assessment (PEA) in early 2012.

Click here to read the Crosshair Exploration & Mining Corp. (TSX:CXX,NYSE:CXZ) press release.