According to the company, the 2011 program will consist of 30,000ft of drilling as well as metallurgical and hydrological test work in conjunction with continued permitting.

The program aims to upgrade the existing inferred resource to the indicated category as well as capture more of the historic resource.

The initial independent NI 43-101 mineral resource estimate on the property includes an indicated resource of 1.09 million pounds of uranium oxide (1.44 million tons at 0.038% eU3O8) and an additional inferred resource of 3.25 million pounds of uranium oxide (4.40 million tons at 0.037% eU3O8).

The company said the resource remains open for expansion with less than 60% of the historical resource area included in this initial estimate.

Crosshair is engaged in the exploration and development of uranium, vanadium and gold in the US and Canada.