Crosshair Completes Gold Property Acquisition

Crosshair Exploration & Mining Corp. announce that it has closed on the agreement with Paragon Minerals Corporation and has acquired a 60% interest in the Golden Promise Gold Project in Central Newfoundland, Canada with an option to acquire up to a 70% interest. Five quartz vein zones characterized by coarse visible gold have been discovered on the Golden Promise Project. The Jaclyn Main Zone... 

Tag: shoreham resources

Paragon Signs New JV Agreement on Golden Promise Gold Project

Paragon Minerals Corporation announce that it has entered into a new joint venture agreement with Crosshair Exploration & Mining Ltd. whereby Crosshair can acquire up to a 70% interest in the Golden Promise Gold Project located in central Newfoundland, Canada. The new agreement will result in the termination of the original property option earn-in agreement with Crosshair and the property sale... 

Tag: paragon diamonds tsx, paragon diamond mining

Crosshair & Target Agree to Combine to Create a Solid North American Uranium Asset Base

Crosshair Exploration & Mining Corp. and Target Exploration & Mining Corp. have entered into a Letter Agreement to combine their businesses to create a well-funded, low-cost, growth-oriented, uranium exploration and development company with a defined timeline to production in one of the most mining friendly jurisdictions in North America. The two companies have agreed to combine on the basis... 

Crosshair Discovers New Uranium Zone

Crosshair Exploration & Mining Corp. report the discovery of a previously unidentified zone of uranium mineralization, referred to as the “Apollo Zone”, on its Central Mineral Belt (CMB) Uranium Project in Labrador. During the summer of 2008, follow-up prospecting of several anomalies identified in 2006 revealed significant uranium mineralization over a 500 meter (m) strike length.... 

Crosshair Continues to Define Mineralized Corridor

Crosshair Exploration & Mining Corp. report diamond drill results from the 2008 summer program on its Central Mineral Belt (CMB) Uranium Project in Labrador. All six holes drilled at Area 1 intersected uranium mineralization, highlighted by: - 0.09% U3O8 over 5.63m (from 326.86m to 332.49m) and 0.08% U3O8 over 4.96m (from 289.42m to 294.38m), both part of a wider zone grading 0.03% U3O8 over 47.57m... 

Bayswater Commences Drilling Program on Newly Discovered Minisinakwa Lake High-Grade Uranium Showing, Central Mineral Belt of Labrador

Bayswater Uranium Corporation report on a high-grade uranium showing discovered in the Lake Minisinakwa area of the Central Mineral Belt of Labrador. Prospecting has uncovered a series of angular, frost heaved uraniferous boulders that are believed to be near source. The boulders occur along a linear topographic feature which coincides with a magnetic high anomaly, over a minimum strike length of 1.7... 

Tag: minisinakwa lake

Crosshair Provides Exploration Update & Announces Start of Drilling

Crosshair Exploration & Mining Corp. provide an update on the 2008 summer exploration program on the Company’s Central Mineral Belt (CMB) Uranium Project in Labrador and to announce that drilling is now underway to test priority targets along the main Armstrong – Area 1 – C Zone corridor. Highlights of the 2008 summer program to date include: - discovery through geological mapping... 

Crosshair Delivers Significant Growth to Upper C Zone Uranium Resource and Defines New Resources

Crosshair Exploration & Mining Corp. is pleased to announce the results of the updated independent NI 43-101 resource estimate on the C Zone and two new areas at its Central Mineral Belt (CMB) Uranium Project in Labrador. The updated estimates include an indicated resource of 5.19 million pounds of uranium (U3O8) and additional inferred resources of 5.82 million pounds of U3O8 (see below for tonnage... 

Crosshair Completes Uranium Property Acquisition & Appoints Board Member

Crosshair Exploration and Mining Corp. is pleased to announce that it has closed on the agreement with Universal Uranium Ltd. to acquire all of Universal’s 60% interest in its Central Mineral Belt (CMB), Labrador, uranium project, consisting of approximately 4,741 claims and including the Two Time uranium deposit, which sits outside the Labrador Inuit Land area. The Two Time Zone is the most... 

Universal Announces Closing of Sale of Labrador Uranium Property to Crosshair

Universal Uranium Ltd. is pleased to announce that it has closed on the agreement with Crosshair Exploration (“Crosshair”) to acquire all of Universal’s 60% interest in its Central Mineral Belt (CMB), Labrador, uranium project, consisting of approximately 4,737 claims and including the Two Time uranium deposit, which sits outside the Labrador Inuit Land area. The Two Time Zone is...