| ||January 22, 2009|
Acquires Arizona Potash Exploration Permits
| ||Mesa Uranium Corp. (TSX-V: MSA) ("Mesa") has acquired 3 potash exploration permits through the Arizona State Land Department covering 1,950 acres (three square miles) covering a portion of the Holbrook Basin. Access and infrastructure at the Holbrook Project are good, with the Project being close to rail, interstate highway and power lines. |
The Holbrook Basin is known to contain a 600 square mile potash bed in the Permian Supai Formation as documented by the Arizona Geological Survey (AGS) Open File Report 08-07. The potash bed was drilled and delineated in the 1960s and 1970s by Duvall Corporation and Arkla Exploration. Due to low potash prices in the 1970's the Holbrook Basin potash bed was not developed after discovery. Below is a link to the AGS report summary:
Historic data from a core hole drilled on Mesa's Holbrook Project in 1965 describes potash mineralization 9.5 feet thick grading 13.7% potash. Logs for a second hole indicate a 13 foot thick potash-bearing bed however there is no record of chemical analysis. The holes were drilled prior to NI 43-101 regulations so this data must be viewed as historical. Mesa plans a detailed review of data from oil and gas wells and potash holes to further evaluate the potential of the Project.
About Mesa Uranium
Mesa is a mineral exploration company focused on uranium and potash 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.
This Press Release has been prepared and revised under the supervision of Gregory French, P. Geo, a Qualified Person as defined by National Instrument 43-101 guidelines.
ON BEHALF OF THE BOARD OF DIRECTORS OF
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:
Susan Wilson, 1-604-688-7508
The TSX Venture Exchange has neither approved nor disapproved of the contents of this news release.
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