| ||March 01, 2007|
Acquisition of Exploration Data
| ||Mesa Uranium Corp. (TSX: MZU) ("Mesa") is pleased to report that the company has acquired valuable historic uranium exploration data relevant to its Lisbon Valley and Moonshine Springs projects. The data contains information from uranium exploration programs carried out by various companies including Exxon, Union Carbide, Atlas and Uranex from the 1950s through the 1980s. Among these data are drill logs and internal company reports that show favorable mineralized trends extending onto Mesa-controlled land. This information is being used to refine targets for our upcoming early Spring drilling program. |
The data also contains results from historic exploration programs undertaken across the Colorado Plateau region. Mesa is using this information to pursue new uranium exploration opportunities, an example of this is the recent acquisition of the Moonshine Springs Project as described in Mesa's February 19, 2007 news release.
Mesa is currently exploring for uranium at the 100%-owned Lisbon Valley uranium project in Utah and the Moonshine Springs project in Arizona. The Lisbon Valley project covers 28 square miles in the Lisbon Valley Mining District with historic production of 85 million pounds of U3O8.
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:
Wayne Marsden, toll free 866-337-1235
The TSX Venture Exchange has neither approved nor disapproved of the contents of this news release.
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