Mesa Exploration

Published : December 17th, 2009

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Keywords :   Boron | Bromine | Lithium | Magnesium | Oil | Uranium | Utah | Water |

Re:        News Releases - Thursday, December 17, 2009
Title:     Mesa Uranium Green Energy Lithium Project Update

Mesa Uranium Corp. (TSX: MSA) announces results from data compilation of brine chemistry and reservoir characteristics at the Green Energy lithium project in Utah. The project consists of mining claims covering an area of approximately 10 square miles (6,000 acres) and is wholly-owned.

Lithium occurs at the project with values as high as 1,700 ppm lithium (0.9% Li2CO3) in saturated brine. Brine (40% minerals, 60% water) was discovered in the 1960s when oil exploration wells unexpectedly encountered high-pressure brine blow-outs upon drilling into Bed #31 of the Paradox Formation. Bed #31 is approximately 6,000 feet deep and consists of 30 feet of shale, anhydrite and dolomite; the bed is not part of any oil reservoir. Engineering reports from the 1960s conclude that the brine reservoir is extensive (over 10 square miles) and is recharged from fresh in-flows as indicated by well pressure measurements, drawdown tests and oxygen-deuterium isotopes. A professional engineering firm will be engaged to further evaluate historic and recent drilling data, reservoir potential and extraction methods at the project.

In addition to lithium, analytical data from historic drilling shows potentially valuable minerals were encountered. Below is a summary of this data:

Well Name

Boron (ppm)

Bromine (ppm)

Potash (KCl)

Magnesium (MgCl2)

BR 74-11

NA

NA

4.3%

15.3%

SNG No.1

NA

6,100

4.5%

17.8%

KO No.2

810

1,150

7.9%

18.7%

PO No.1

1,260

1,612

4.9%

12.3%

BF No.2

780

2,041

4.0%

13.0%


(source: UGMS Special Studies #13 Concentrated Subsurface Brines of the Moab Region, Utah 1965)

Potash is reserved under the Bureau of Land Management solid mineral lease program which Mesa has applied for as part of the White Cloud potash project encompassing the Green Energy lithium project. The White Cloud potash project is described on the Mesa website.

As previously reported, over twenty historic oil wells have been drilled on the Green Energy project; five of these wells have analytical data for lithium, below is a summary of this data:

Well Name

Lithium (ppm)

Gallons Per Day

Li2CO3 Annual Tons

WC No.2

1,700

491,000

8,786

SNG No.1

500

Adjacent to WC No.2

Not Determined 

KO No.2

173

3 Miles North of PO No.1

 Not Determined  

PO No.1

134

1,356,000

1,911

BF No.2

81

50,400

43



Lithium brine mines are more economic to mine and process than conventional open-pit or underground mines. Given the favorable climate of the area solar evaporation can be used to concentrate the brine to enhance project economics. World-class lithium brine mines range in grade from 150 ppm to 1,200 ppm lithium and employ proven solar evaporation concentration techniques. High demand and low supply has pushed lithium carbonate (Li2CO3) prices to US$6,600.00 per ton, lithium-ion battery demand for hybrid-electric and electric cars is expected to increase significantly.

While the Company has no reason to doubt the accuracy of the historical results, the data should not be relied upon until confirmed by the Company's own exploration. Historical results and the work that generated them predate the enactment of National Instrument 43-101 and accordingly may not meet the requirements of that policy. There are no 43-101 mineral reserves or mineral resources on the Green Energy lithium project.

About Mesa Uranium
Mesa explores and develops mineral properties focused in the western United States. 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:
Susan Bertling, 1-604-688-7508
The TSX Venture Exchange has neither approved nor disapproved of the contents of this news release.

Copyright � 2009 MESA URANIUM CORP. (MSA) All rights reserved. For more information visit our website at http://www.mesauranium.com/ or send email to info@mesauranium.com ..
Message sent on Wed Dec 16, 2009 at 6:41:32 PM Pacific Time

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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