Mesa Uranium Corp.
TSX VENTURE : MZU

Mesa Uranium Corp.

May 07, 2008 15:31 ET

Mesa Uranium Conducts Radon Survey at Moonshine Springs, Arizona

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 7, 2008) - Mesa Uranium Corp. ("Mesa") (TSX VENTURE:MZU) 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.

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.

Contact Information

  • Mesa Uranium Corp.
    Foster Wilson
    President and CEO
    Toll Free: 1-866-699-9888
    Website: www.mesauranium.com