Crosshair Exploration Corp.

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Project Highlights

Moran Heights Area 51 B Zone C Zone Area 1 Armstrong Blue Star Apollo Zone
  • Contains an NI 43-101 inferred resource of 0.90 million pounds of uranium

  • Contains an NI 43-101 inferred resource of 1.26 million pounds of vanadium

  • Part of the 4.5 km long mineralized corridor with C Zone and Area 1

  • 17 grab samples returned on average a grade of 0.303% U3O8 (to a maximum of 0.494% U3O8)

  • Chip sampling returned an average of 0.165% U3O8 (to a maximum of 0.343% U3O8).


Previous Exploration Work

Armstrong is located approximately 3 km southwest of the C Zone and is intermittently exposed along a 300 metre strike length, which anchors the 4.5km long mineralized corridor that includes C Zone and Area 1.

Armstrong was initially identified as an exploration target following an airborne radiometric survey conducted over the entire property in 2005. In the summer of 2006 ground field work and sampling programs were conducted. Seventeen grab samples collected over a 200 metre strike length returned on average a grade of 0.303% U3O8 and up to a maximum of 0.494% U3O8. Chip sampling (20 to 30 cm chips) in the central portion of Armstrong returned an average of 0.165% U3O8 (to a maximum of 0.343% U3O8). As well, two short holes drilled in 2007 intersected shear zone hosted mineralization.

Two additional targets, one to the northeast and another to the southwest of the original Armstrong discovery, were identified during follow-up ground work in 2007. Eight separate one-metre channel samples from the new showing to the southwest returned an average grade of 0.14% U3O8, while scintillometer readings over the new showing to the northeast are off-scale over an exposed 3-4 metre wide by 10 metre long area.

The completion of the 2008 winter drill program allowed Crosshair to anchor the southern end of the 4.5 km long uranium mineralized corridor, which includes the C Zone to the north, Area 1 in the centre and now Armstrong to the south. All three areas remain open. Armstrong's strike length was extended to 300 m and the results from the drill program identified Armstrong as having an inferred 43-101 uranium resource of 0.90 million pounds (1.00 million tonnes at 0.041%) and an inferred vanadium resource of 1.26 million pounds (1.00 million tonnes at 0.057%).

Click here to see drill results for Armstrong





Technical Report

Click here for the complete NI 43-101 report on the Central Mineral Belt Uranium Project (C Zone, Area 1 and Armstrong) (PDF 12.2MB)