Mesa Uranium Receives Drilling Permit at Moonshine Springs, Arizona
June 21 2010 - 11:30AM
Marketwired
Mesa Uranium Corp. (TSX VENTURE: MSA)(PINK SHEETS: MSAJF) ("Mesa")
announces that it has received drill permits from the Arizona State
Land Department at the 100%-owned Moonshine Springs project in
Arizona. More than 9,800 feet of conventional and core drilling are
planned, targeted at expanding previously drilled mineralization
and new geochemical targets. The work is anticipated to begin this
summer.
An extensive two phase radon soil gas survey has been completed
and results portray a pattern of radon enrichment consistent with
an elevated subsurface uranium source. Radon surveys led to the
discovery of the adjacent Moonshine uranium deposit (4.67 million
pounds grading 0.153% U3O8) owned by Denison Mines. The sandstone
horizon that hosts this deposit was encountered in Mesa drilling,
the best intercepts being 7.5 feet grading 0.21% U3O8 and 4 feet
grading 0.47% U3O8, as previously reported.
Radon enrichments were found on the northern extension of the
Moonshine uranium deposit, around Mesa drill holes M-1 and M-2 and
on multiple areas with no previous drilling. A map depicting the
results can be found at this link:
http://www.mesauranium.com/i/maps/radon_map_from_alpha_track.jpg
Green Energy Lithium Project Update
Permitting and drill planning continues, with drilling
anticipated to begin this summer.
About Mesa Uranium
Mesa explores and develops mineral properties in the western
United States. Mesa currently has 10,945,376 shares issued and
outstanding, 12,476,210 shares on a fully-diluted basis. For
further information please visit our website at
www.mesauranium.com.
ON BEHALF OF THE BOARD
MESA URANIUM CORP.
Foster Wilson, President and CEO
This news release includes certain statements that may be deemed
"forward-looking statements". All statements in this release, other
than statements of historical facts, including the likelihood of
commercial mining and possible future financings are
forward-looking statements. Although the Company believes the
expectations expressed in such forward-looking statements are based
on reasonable assumptions, such statements are not guarantees of
future performance and actual results or developments may differ
materially from those in the forward-looking statements. Factors
that could cause actual results to differ materially from those in
forward-looking statements include unsuccessful exploration
results, changes in metals prices, changes in the availability of
funding for mineral exploration, unanticipated changes in key
management personnel and general economic conditions. Mining is an
inherently risky business. Accordingly the actual events may differ
materially from those projected in the forward-looking statements.
For more information on the Company and the risks and challenges of
its business, investors should review the Company's annual filings
that are available at www.sedar.com.
The TSX Venture Exchange has neither approved nor disapproved of
the contents of this news release.
Contacts: Mesa Uranium Corp. Foster Wilson President and CEO
1-775-771-5219 www.mesauranium.com
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