Mesa Exploration Receives Metallurgical Report for Lithium, Potash Project
Published : June 22, 2011
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Keywords :   Boron | Bromine | Commodities | Debt | Gold | Lithium | Magnesium | Oil | Recovery |

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 22, 2011) - Mesa Exploration Corp. (TSX VENTURE:MSA)(PINK SHEETS:MSAJF) ("Mesa") is pleased to announce the receipt of a report outlining a conceptual metallurgical process for the Green Energy mineral brine project prepared by Dr. Richard Hammen of IntelliMet LLC. The report summarizes a processing plan utilizing molecular and ionic separation and reverse osmosis for extracting lithium, potash, magnesium, boron and bromine from the mineral-rich brine. Metallurgical testing will be performed based upon the report on the brine recovered from the upcoming drilling program to verify chemical composition and determine process factors such as recovery and optimum flow rates.

Historic analysis of the brines yielded concentrations of 1,700 ppm lithium, 47,000 potassium, 43,600 ppm magnesium, 4,575 ppm boron and 6,100 ppm bromine. These results are selective and are unlikely to represent average grades on the property. The mineral grades and other technical data such as brine flow are taken from historical estimates prior to the implementation of NI 43-101. A qualified person as defined under NI 43-101 has not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves. Mesa is not treating the historical estimates as current mineral resources or mineral reserves as defined in NI 43-101.

Commodity Prices

The prices of the commodities in the brine are not common such as the price of a barrel of oil or an ounce of gold, therefore below are prices and sources of information on the five commodities examined in the report:

Lithium Carbonate $6,160 per ton, source:
http://www.reuters.com/article/2011/05/03/idUS268406+03-May-2011+MW20110503

Potassium Chloride $537 per ton, source:
http://curiousfarmer.com/2011/03/24/march-2011-fertilizer-prices/

Magnesium Chloride $200 per ton, source:
http://www.alibaba.com/product-free/109350394/Magnesium_Chloride_Crystals_Flakes_Pellets_USP.html

Boric Acid $836 per ton, source:
http://ec.europa.eu/enterprise/sectors/chemicals/files/docs_studies/final_report_borates_en.pdf

Bromine $3,800 per ton, source:
http://www.gulfresourcesinc.cn/news/gulf-resources-reports-fourth-quarter-and-fiscal-year-2010-results.html

This Press Release has been reviewed by Gregory French, CPG #10708, and a Qualified Person as defined in Canadian National Instrument 43-101, who is responsible for the preparation of the technical information in this news release.

About Mesa Exploration

Mesa is developing and exploring a portfolio of mineral properties in the United States where it controls significant land holdings. Mesa is advancing the Green Energy Project, a large brine deposit containing 40% dissolved solids containing Lithium, Potash, Magnesium, Boron, Bromine and other potentially valuable minerals. All projects are within proven mining districts with excellent access and infrastructure. Mesa currently has 14 million shares issued and outstanding, and no debt. For further information please visit our website at www.MesaExploration.com.

ON BEHALF OF THE BOARD

MESA EXPLORATION 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.

Mesa Exploration Corp.
Corporate Communications
775-824-4533
info@mesaexploration.com
www.MesaExploration.com

Mesa Exploration

EXPLORATION STAGE
CODE : MSA.V
ISIN : CA59064J1075
CUSIP : 59064J107
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Mesa Exploration is a uranium exploration company based in Canada.

Mesa Exploration holds various exploration projects in USA.

Its main exploration properties are LONE STAR UTAH, HOLBROOK, GREEN ENERGY, MOONSHINE SPRINGS and LISBON VALLEY PROJECT in USA.

Mesa Exploration is listed in Canada and in United States of America. Its market capitalisation is CA$ 967 288 as of today (US$ 726 356, € 661 565).

Its stock quote reached its highest recent level on February 11, 2011 at CA$ 1.49, and its lowest recent point on February 19, 2016 at CA$ 0.01.

Mesa Exploration has 16 121 460 shares outstanding.

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Corporate Presentations of Mesa Exploration
10/3/2007 Updated In Jay Taylor's Energy Newsletter
Financings of Mesa Exploration
6/24/2013Non-brokered Private Placement
3/23/2012Closes Non-brokered Private Placement
2/29/2012Announces Non-Brokered Private Placement
6/10/2011Announces 100% of Warrants Exercised
2/18/2011Announces Non-Brokered Private Placement
11/25/2009Announces Private Placement
11/20/2009Closes Private Placement with Pinetree Resource Partnership
11/10/2009Announces Private Placement
7/23/2008Announces Closing of Private Placement
5/30/2008Announces Private Placement
4/12/2007Closes $3 Million Private Placement
Nominations of Mesa Exploration
4/5/2012Announces Changes to the Board of Directors
Project news of Mesa Exploration
9/22/2016Agrees to Sell the Sal Rica Project
11/13/2012Acquires Gold and Silver Projects
7/31/2012Permitting Update for the Bounty Potash Project
5/16/2012Receives Utah Congressional Delegation Support for the Bount...
3/26/2012(Moonshine Springs)Drilling Confirms Uranium Zone at Moonshine Springs Project
2/22/2012(Moonshine Springs)Commences Drilling Program at Moonshine Springs Uranium Proj...
1/31/2012Acquires the Bounty Potash Project
1/25/2012(Moonshine Springs)To Drill Moonshine Springs Uranium Project
10/26/2011Acquires Seismic Data for Utah Projects
6/22/2011Receives Metallurgical Report for Lithium, Potash Project
2/9/2011(Green Energy)Retains North American Exploration Inc. for the Green Energy...
2/3/2011(Holbrook)JV Partner Passport Potash Commences Geophysical Survey at H...
2/2/2011(Lone Star Utah)Acquires Uranium Leases
6/21/2010(Moonshine Springs)Receives Drilling Permit at Moonshine Springs, Arizona
12/17/2009(Green Energy)Update
3/17/2010(Green Energy)Expands the Project
4/20/2010(Green Energy)Initiates Permitting for Green Energy Lithium Project
5/7/2008(Moonshine Springs)Conducts Radon Survey at Moonshine Springs, Arizona
Corporate news of Mesa Exploration
7/13/2016Favorable Lithium Brine Assay Results From Sal Rica
6/23/2016Acquires Sal Rica Lithium Brine Project
5/25/2016Closes Green Energy Mineral Brine Transaction
12/22/2015Re-acquires Green Energy Mineral Brine Project
12/22/2015Mesa Exploration Re-Acquires Green Energy Mineral Brine Proj...
12/17/2015Mesa Exploration Updates Four Utah Potash Projects
12/17/2015Updates Four Utah Potash Projects
6/13/2013Files Amended Technical Reports on SEDAR
4/25/2013Clarifies Technical Disclosure
3/12/2013Corporate Update
9/12/2012Reports Technical Disclosure Review and Refilling of MD&A
5/17/2012Bounty Potash Video
5/9/2012Bounty Potash Update
3/8/2012(Holbrook)Receives $300,000 Payment for Holbrook Basin
2/16/2012Files NI 43-101 Technical Report on the Bounty Potash Projec...
9/20/2011Retains Consulting Group for Potash and Lithium Drilling Sup...
8/3/2011Acquires Potash Lease in Utah
7/27/2011Commences Potash Exploration
5/4/2011Files NI 43-101 Report on Utah Potash Projects, Indicates Pr...
4/19/2011Engages IntelliMet
4/7/2011Acquires Potash Projects
3/23/2011(Green Energy)Files 43-101 Report, Expands the Green Energy Project
11/30/2010Unaware of Any Material Change
7/14/2010Signs Letter of Intent on the Holbrook Potash Project
11/4/2009Acquires Lithium Project
5/27/2009Acquires Additional Potash Projects in Utah
1/22/2009Acquires Potash Exploration Permits in Arizona
9/15/2008Acquires Utah Potash Project, Consolidates Shares
5/22/2008Signs Definitive Joint Venture Agreement with Energy Fuels
2/26/2008Expands Land Holdings, Forms WellProbe Geophysical With New ...
1/8/2008 Drills Significant U3O8 In Arizona
11/15/2007 Begins Drilling Moonshine Springs Uranium Project in Arizon...
11/14/2007 Extends Mineralization Around L-15 Discovery Hole - RAD Tar...
10/4/2007Begins Step-out Drilling On Uranium Discovery
9/10/2007Drills 17.5 Feet Grading 0.11% U3O8
7/4/2007Retains AGORACOM To Provide Investor Relations
6/27/2007Signs Second LOI with Energy Fuels Inc.
6/18/2007Begins Drilling At Lisbon Valley Project
6/5/2007Signs LOI with Energy Fuels Inc.
5/4/2007Acquires Arizona Breccia Pipe Targets
4/24/2007Lisbon Valley Project Drilling Program
4/18/2007Acquires Additional Land at Moonshine Springs
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