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Crosshair Exploration & Mining Corp.

09:55 AM EST - Crosshair Exploration & Mining Corp. : announced details of the 2011 exploration program on the Bootheel Property located within the Shirley Basin in southern Wyoming. The program, which will consist of 30,000 feet (9,144 metres) of drilling as well as metallurgical and hydrological test work, is expected to commence mid-July and take three months to complete. The goal of the program is to upgrade the existing inferred resource to the indicated category as well as capture the remainder of the historic resource. An updated NI 43-101 resource estimate is expected in Q4 2011. Crosshair Exploration & Mining Corp. shares T.CXX are trading up $0.06 at $1.20.