Agoracom Blog

Crosshair Joins “AGORACOM 100″ with several exisiting NI 43-101 resources totalling 17.07 million pounds of uranium and 27.56 million pounds of vanadium

Posted by AGORACOM at 10:30 AM on Tuesday, February 23rd, 2010

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I am very pleased to announce that Crosshair Exploration & Mining Corp (CXX:TSX) is the newest member of The AGORACOM 100. Why? When a company decides to make itself open and accessible to investors from around the world, you have to believe they are confident in their future and want to communicate accordingly.

FAST OVERVIEW

Crosshair controls the CMB Uranium/Vanadium Project which is located in Labrador, Canada and includes several exisiting NI 43-101 resources including a total of 17.07 million pounds of uranium and 27.56 million pounds of vanadium.  In March, Crosshair combined businesses with Target Exploration and Mining Corp. creating a well-funded, low-cost, growth-oriented, uranium company with a defined timeline to production in one of the most uranium mining friendly jurisdictions in North America.

Investment Highlights:

  • Substantial historical uranium resource in the Shirley Basin, Wyoming
    • NI 43-101 compliant resource of 4.34 million pounds of uranium
    • Cost-effective production by in-situ recovery
    • Near-term production potential
    • Production expertise from venture partner UR-Energy
    • Located in Wyoming, a uranium mining friendly state
      • Close to 200 million lbs. of past uranium production
      • Already producing uranium

As always, assume I am horribly conflicted by the fact Crosshair Exploration is an AGORACOM client and do your own due diligence.

Link to Hub / Link to Profile / Link to Forum

Regards,
George

2 Responses to “Crosshair Joins “AGORACOM 100″ with several exisiting NI 43-101 resources totalling 17.07 million pounds of uranium and 27.56 million pounds of vanadium”

  1. AGORACOM says:

    Good morning, Charlie. Crosshair Exploration has produced a great Vanadium booklet that outlines their holdings + the value/uses of Vanadium. We are putting it up later today on the Crosshair HUB at http://agoracom.com/ir/Crosshair

    Regards,
    George

  2. Charlie Parker says:

    Keeping my eye on any potential big vanadium play since vanadium is said to make the best batteries for cars and utilities. Anyone with info on vanadium batteries please share here.

    CP