Crosshair Energy Corporation (NYSE MKT: CXZ) (TSX: CXX) ("Crosshair") is a dominant player in the exploration and development of uranium and vanadium in North America. The Juniper Ridge Project and the Bootheel Project are both located in uranium mining friendly Wyoming. Juniper Ridge is host to an Indicated resource estimate of 5.2 M lbs of uranium (4.1 M tons at 0.063%). Bootheel, with its in-situ mining potential, hosts an initial NI 43-101 uranium resource estimate of 1.48 M lbs Indicated (2.1 M tons at 0.036%) and an additional 3.13 M lbs Inferred (4.0 M tons at 0.039%). Drill programs were completed on both Bootheel and Juniper Ridge in 2011.

The CMB Uranium/Vanadium Project, which was also drilled in 2011, is located in Labrador, Canada. Crosshair has demonstrated the multi-deposit potential of the project by successfully developing four currently defined resources -- C Zone, Area 1, Armstrong and Two Time Zone. All four resources are open for expansion. In 2010, Crosshair completed a Vanadium Resource Expansion Program, with the goal of significantly increasing the vanadium resource. Without any additional drilling, the vanadium resource was increased by approximately 500%.


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