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Mesa Exploration

Publié le 22 mai 2008

Signs Definitive Joint Venture Agreement with Energy Fuels

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Mots clés associés :   Uranium | Utah |
======================================================================
Re: News Release - Thursday, May 22, 2008
Mesa Uranium Signs Definitive Joint Venture Agreement with Energy
Fuels
======================================================================

Mesa Uranium Corp. (TSX-V: MZU) ("Mesa") and Energy Fuels are pleased to announce
that the companies have signed a definitive agreement (following the
Letter of Intent released in a June 5, 2007 news release) to form an
exploration joint venture, West Lisbon JV, LLC ("West Lisbon"). The
venture was formed to explore the DAR property in the Lisbon Valley
Mining District of San Juan County, Utah. The northern boundary of the
DAR property is located approximately two miles south of Energy Fuels'
Energy Queen Mine which is currently being refurbished in preparation
for production.

As previously released, the DAR property consists of 60 mining claims
(approximately 1,240 acres) located one mile northwest of the North
Alice Mine. The property is in a geologically similar environment and
on trend with thick mineralization recently announced by Vane Minerals
in a press release dated 11/16/2007. Vane's best intercepts ranged
between 6.5 and 16.5 feet thick, and graded between 0.14 and 0.22%
eU3O8.

Historic production from this district was reported in 1990 by the Utah
Geological and Mineralogical Survey to be approximately 77,900,000
pounds of U3O8 between 1948 and 1977. Further, the U.S. Atomic Energy
Commission reports production before 1967 from the North Alice Mine
alone of 3,071,365 pounds of U3O8 at a grade of 0.275%.

The Joint Venture contemplates a 50-50 shared expenditure agreement to
conduct exploration drilling on the DAR property. Previous exploration
work in the 1980's by Energy Fuels Nuclear, Inc. identified strong
uranium mineralization in several drill holes. Energy Fuels will be
the operator of West Lisbon and will conduct the initial exploration
work consisting of permitting and drilling. Should an economic uranium
deposit be discovered on the claims held by West Lisbon, Energy Fuels
will operate any mine that is developed.

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.

Qualified Person

This Press Release has been prepared and revised under the supervision
of Gregory French, P. Geo., Technical Advisor for Mesa. a Qualified
Person as defined by National Instrument 43-101 guidelines.


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

======================================================================
Copyright (c) 2008 MESA URANIUM CORP. (TSX-V: 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 21, 2008 at 6:59:40 PM Pacific Time
======================================================================
.

Mesa Exploration

EXPLORATEUR
CODE : MSA.V
ISIN : CA59064J1075
CUSIP : 59064J107
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Mesa Exploration est une société d’exploration minière d'uranium basée au Canada.

Mesa Exploration détient divers projets d'exploration en USA.

Ses principaux projets en exploration sont LONE STAR UTAH, HOLBROOK, GREEN ENERGY, MOONSHINE SPRINGS et LISBON VALLEY PROJECT en USA.

Mesa Exploration est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 967 288 CA$ (726 356 US$, 661 565 €).

La valeur de son action a atteint son plus haut niveau récent le 11 février 2011 à 1,49 CA$, et son plus bas niveau récent le 19 février 2016 à 0,01 CA$.

Mesa Exploration possède 16 121 460 actions en circulation.

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Présentations des Compagnies de Mesa Exploration
03/10/2007 Updated In Jay Taylor's Energy Newsletter
Financements de Mesa Exploration
24/06/2013Non-brokered Private Placement
23/03/2012Closes Non-brokered Private Placement
29/02/2012Announces Non-Brokered Private Placement
10/06/2011Announces 100% of Warrants Exercised
18/02/2011Announces Non-Brokered Private Placement
25/11/2009Announces Private Placement
20/11/2009Closes Private Placement with Pinetree Resource Partnership
10/11/2009Announces Private Placement
23/07/2008Announces Closing of Private Placement
30/05/2008Announces Private Placement
12/04/2007Closes $3 Million Private Placement
Nominations de Mesa Exploration
05/04/2012Announces Changes to the Board of Directors
Projets de Mesa Exploration
22/09/2016Agrees to Sell the Sal Rica Project
13/11/2012Acquires Gold and Silver Projects
31/07/2012Permitting Update for the Bounty Potash Project
16/05/2012Receives Utah Congressional Delegation Support for the Bount...
26/03/2012(Moonshine Springs)Drilling Confirms Uranium Zone at Moonshine Springs Project
22/02/2012(Moonshine Springs)Commences Drilling Program at Moonshine Springs Uranium Proj...
31/01/2012Acquires the Bounty Potash Project
25/01/2012(Moonshine Springs)To Drill Moonshine Springs Uranium Project
26/10/2011Acquires Seismic Data for Utah Projects
22/06/2011Receives Metallurgical Report for Lithium, Potash Project
09/02/2011(Green Energy)Retains North American Exploration Inc. for the Green Energy...
03/02/2011(Holbrook)JV Partner Passport Potash Commences Geophysical Survey at H...
02/02/2011(Lone Star Utah)Acquires Uranium Leases
21/06/2010(Moonshine Springs)Receives Drilling Permit at Moonshine Springs, Arizona
17/12/2009(Green Energy)Update
17/03/2010(Green Energy)Expands the Project
20/04/2010(Green Energy)Initiates Permitting for Green Energy Lithium Project
07/05/2008(Moonshine Springs)Conducts Radon Survey at Moonshine Springs, Arizona
Communiqués de Presse de Mesa Exploration
13/07/2016Favorable Lithium Brine Assay Results From Sal Rica
23/06/2016Acquires Sal Rica Lithium Brine Project
25/05/2016Closes Green Energy Mineral Brine Transaction
22/12/2015Re-acquires Green Energy Mineral Brine Project
22/12/2015Mesa Exploration Re-Acquires Green Energy Mineral Brine Proj...
17/12/2015Mesa Exploration Updates Four Utah Potash Projects
17/12/2015Updates Four Utah Potash Projects
13/06/2013Files Amended Technical Reports on SEDAR
25/04/2013Clarifies Technical Disclosure
12/03/2013Corporate Update
12/09/2012Reports Technical Disclosure Review and Refilling of MD&A
17/05/2012Bounty Potash Video
09/05/2012Bounty Potash Update
08/03/2012(Holbrook)Receives $300,000 Payment for Holbrook Basin
16/02/2012Files NI 43-101 Technical Report on the Bounty Potash Projec...
20/09/2011Retains Consulting Group for Potash and Lithium Drilling Sup...
03/08/2011Acquires Potash Lease in Utah
27/07/2011Commences Potash Exploration
04/05/2011Files NI 43-101 Report on Utah Potash Projects, Indicates Pr...
19/04/2011Engages IntelliMet
07/04/2011Acquires Potash Projects
23/03/2011(Green Energy)Files 43-101 Report, Expands the Green Energy Project
30/11/2010Unaware of Any Material Change
14/07/2010Signs Letter of Intent on the Holbrook Potash Project
04/11/2009Acquires Lithium Project
27/05/2009Acquires Additional Potash Projects in Utah
22/01/2009Acquires Potash Exploration Permits in Arizona
15/09/2008Acquires Utah Potash Project, Consolidates Shares
22/05/2008Signs Definitive Joint Venture Agreement with Energy Fuels
26/02/2008Expands Land Holdings, Forms WellProbe Geophysical With New ...
08/01/2008 Drills Significant U3O8 In Arizona
15/11/2007 Begins Drilling Moonshine Springs Uranium Project in Arizon...
14/11/2007 Extends Mineralization Around L-15 Discovery Hole - RAD Tar...
04/10/2007Begins Step-out Drilling On Uranium Discovery
10/09/2007Drills 17.5 Feet Grading 0.11% U3O8
04/07/2007Retains AGORACOM To Provide Investor Relations
27/06/2007Signs Second LOI with Energy Fuels Inc.
18/06/2007Begins Drilling At Lisbon Valley Project
05/06/2007Signs LOI with Energy Fuels Inc.
04/05/2007Acquires Arizona Breccia Pipe Targets
24/04/2007Lisbon Valley Project Drilling Program
18/04/2007Acquires Additional Land at Moonshine Springs
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