Target Exploration: Combined Businesses with Crosshair

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Tue, Apr 29, 2008
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Post by Melissa Pistilli, Uranium Reporter

Target Exploration & Mining

Overview

Target recently combined businesses with Crosshair Exploration & 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.

The new company, under the name Crosshair, is a junior exploration and development company focused on uranium in both the US and in Canada. The Company also continues to advance its gold and Volcanic Hosted Massive Sulphide (VHMS) projects in Newfoundland.

Crosshair also controls 7133 claims (178,325 hectares) in the Central Mineral Belt (CMB) of Labrador, where the company has already successfully drilled several uranium targets demonstrating the multi-deposit potential of the Property. The CMB Project also includes several existing NI 43-101 uranium resources that are open for expansion.

Crosshair currently trades on the Toronto Stock Exchange (CXX:TSX) and the American Stock Exchange (CXZ:AMEX).

Questions about this article? Leave a comment below or contact our editorial team at editor@resourceinvestingnews.com.

Comments on this Article

13 Trackbacks For This Post

  1. Target confirms & drills outside of historic resource Says:
    August 14th, 2008 at 8:23 am

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  2. Target confirms & drills outside of historic resource Says:
    August 14th, 2008 at 8:26 am

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  3. Target drills 0.043% eU3O8 over 28 feet on Bootheel uranium Says:
    September 9th, 2008 at 9:51 am

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  4. Target: more than a survivor in the uranium junior market Says:
    September 25th, 2008 at 10:46 am

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  5. Target drills 0.075% eU3O8 over 15.5 ft on Bootheel uranium Says:
    October 2nd, 2008 at 7:17 am

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  6. Wall Street Reporter interviews Crosshair & Target Says:
    December 2nd, 2008 at 12:30 pm

    [...] full details of this interviews, click this link. To view Target’s company profile, click here & to view Crosshair’s company profile, click here. Follow developments in uranium mining [...]

  7. Crosshair & Target agree to combine Says:
    January 7th, 2009 at 6:46 am

    [...] full details of this press release, click this link. To view Target’s company profile, click here. To view Crosshair’s company profile, click here. Follow developments in uranium mining and [...]

  8. Target acquires final data set for Bootheel project Says:
    January 22nd, 2009 at 9:51 am

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  9. Target reports more than 90% uranium recovery Says:
    February 5th, 2009 at 9:47 am

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  10. Crosshair & Target featured by Peter Grandich Says:
    March 19th, 2009 at 10:42 pm

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  11. Target shareholders & B.C. Supreme Court approve business Says:
    March 25th, 2009 at 7:47 am

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  12. Target shareholders & B.C. Supreme Court approve business Says:
    March 25th, 2009 at 7:47 am

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  13. Target shareholders & B.C. Supreme Court approve merger Says:
    March 25th, 2009 at 9:51 am

    [...] full details of this press release, click this link. To view Target’s company profile, click here. To view Crosshair’s company profile, click here. Follow developments in resource mining and [...]

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