Crosshair Exploration & Mining Corp. (AMEX:CXZ) is pleased to provide an update on the exploration program from both the CMB Uranium/Vanadium Project and the CMB Joint Venture ("CMB JV") Uranium Project located in central Labrador, Canada. In addition to prospecting and trenching, a total of 13 holes have been drilled to date between the two Projects for a total of 3,376 metres (m). The goal of the program is to increase the existing uranium and vanadium resources, as well as test the new uranium targets outlined from the 2009 and 2010 exploration programs.

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