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Re: News Release - Wednesday, May 07, 2008
Mesa Uranium Conducts Radon Survey at Moonshine Springs, Arizona
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Mesa Uranium Corp. (TSX-V: MZU) ("Mesa") is pleased to announce that it has started
a soil-gas radon survey at the 100%-owned Moonshine Springs project in
Arizona. The survey is being conducted to verify the exact location of
a historic radon survey and to refine targets for the 2008 drilling
program scheduled to begin after the survey results are evaluated
(approximately 8 weeks).
Mesa acquired two data sets in 2007 that contain partial drill and
radon survey results on work conducted by Exxon and Pathfinders in the
late 1970s. Radon anomalies identified by this work led to the
discovery of the adjacent 4 million pound U3O8 Moonshine deposit
currently owned by Denison Mines. Three radon anomalies are known to
occur in the general area: two on our project (East Zone and West Zone)
and one directly over the Denison Mines deposit. Each radon anomaly is
approximately 200 to 500 feet wide and 6,000 feet long aligned in
north-south trends.
Mesa drilled two holes on the project in late 2007 within the West
Zone, encountering significant U3O8: M-1 intercepted 7.5 feet of 0.21%
U3O8 and drill hole M-2 intercepted 4 feet of 0.47% U3O8, as previously
released. Drilling in 2008 will step-out from the West Zone holes and
also test the radon anomaly at the East Zone.
About Mesa Uranium
Mesa is a uranium exploration company focused on exploration in proven
uranium mining districts in the western United States. Mesa has 100%
ownership of 46 square miles of uranium exploration lands in the Lisbon
Valley Mining District in Utah and the Arizona Strip Mining District in
northern Arizona. For further information please visit our website at
www.mesauranium.com.
ON BEHALF OF THE BOARD
MESA URANIUM CORP.
(signed) 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
For further information call:
Foster Wilson, President and CEO, toll free 1-866-699-9888
The TSX Venture Exchange has neither approved nor disapproved of the
contents of this news release.
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Copyright (c) 2008 MESA URANIUM CORP. (TSX-V: MZU) (MZU) All rights reserved. For
more information visit our website at http://www.mesauranium.com/ or
send mailto:info@mesauranium.com
Message sent on Wed May 7, 2008 at 9:13:32 AM Pacific Time
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