Mesa Uranium Retains North American Exploration Inc. for the Green Energy Lithium Project
February 09 2011 - 11:31AM
Marketwired
Mesa Uranium Corp. (TSX VENTURE: MSA)(PINK SHEETS: MSAJF) ("Mesa"
or the "Company") is pleased to announce that North American
Exploration, Inc. (NAE) has been engaged to provide permitting,
environmental and engineering support at the wholly owned Green
Energy lithium project in Utah. Drilling operations are anticipated
to commence in the Spring of 2011, once permits are received. NAE
has worked on the Company's projects providing exploration and
environmental services since Mesa's founding in 2005.
Lithium occurs at the project with values as high as 1,700 ppm
lithium (0.9% Li2CO3) in saturated brine. In addition to the
lithium the brine grades as high as 7.9% potash, 18.7% magnesium
chloride, 13% salt, 6,100 ppm bromine and 1,260 ppm boron; these
results are not 43-101 compliant and therefore should not be relied
upon.
About North American Exploration
NAE and their subsidiary, North American Mine Services, provide
geologic, hydrologic, engineering and environmental support
services to industrial mineral, metal and coal mining operations
for such clients as Rio Tinto, Kennecott Exploration, Newmont
Mining, Barrick Gold and Agnico-Eagle. NAE was established in 1964
and is based in Kaysville Utah.
About Mesa Uranium
Mesa is exploring a portfolio of premier uranium, lithium and
potash properties in the United States where it controls
significant land holdings. All projects are within established
mining districts with excellent access and infrastructure. Mesa
currently has 12.2 million shares issued and outstanding, and has
no debt. 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. Corporate Communications
775-824-4533 www.mesauranium.com
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