Crosshair Exploration & Mining Corp. announced further results from the ongoing vanadium program on the Central Mineral Belt (CMB) Project in Labrador.

Highlights from recently assayed holes include:

- 0.209% V2O5 over 72.0m (from 192.0m to 264.0m) including
0.337% V2O5 over 6.0m (from 196.0m to 202.0m) in hole ML-114, and

- 0.182% V2O5 over 36.0m (from 62.0m to 98.0m) in hole ML-179, and

- 0.184% V2O5 over 17.3m (from 61.7m to 79.0m) including
0.227% V2O5 over 7.3m (from 61.7m to 69.0m) in hole ML-17.

NOTE: The holes are not being sampled in sequence.

"Not only are we consistently intersecting vanadium outside our currently defined resource, but our results remain comparable to other vanadium projects being developed world-wide," says Stewart Wallis, President of Crosshair.

The vanadium resource expansion program has been planned with the goal of adding significant pounds of vanadium to the existing vanadium resource without the need for further drilling. Given the fact that the previous drill programs on the CMB project focused exclusively on uranium, most holes were only sampled where uranium was encountered. For this reason, approximately 4,000 metres of existing core needs to be sampled and assayed for vanadium.