Crosshair Exploration and Mining Corp. (TSX VENTURE:CXX; AMEX:CXZ ) reports that the 9,400-metre winter drill program at the Central Mineral Belt Property intersected the highest uranium grades and largest intercepts ever returned from the Lower C Zone.
Although previous drill programs had not focused on the Lower C Zone, recent drill intercepts demonstrate that the thickness and grade of the Lower C are much better than originally estimated based on historical drilling by Shell Canada.
The Lower C is highlighted by hole ML-63, which intersected 11.05 metres of 0.128% U308 within 43.45 metres of 0.041% U308.
“These drill intercepts demonstrate that the Lower C is a more significant Zone than reported historically by Shell Canada Resources,” says Timothy Froude, Crosshair’s Sr. Vice President of Exploration. “The confirmation of the Lower C Zone’s viability provides another important dimension in expanding uranium resources on the C Zone.”
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