| ||September 08, 2010|
Mesa Engages Continental Metallurgical Services
| ||Mesa Uranium Corp. (TSX-V: MSA) is pleased to announce that it has engaged Continental Metallurgical Services (CMS), a full service provider of metallurgical engineering, plant design and economic analysis of mining projects. CMS will review metallurgical and engineering reports, update capital costs and develop an economic analysis per NI 43-101 standards to determine the viability of mine development for the Pine Valley potash project in southwestern Utah. Technical assistance is also being provided by CMS for the Green Energy lithium project, a mineral-rich brine project located in southeastern Utah.|
About The Pine Valley Potash Project
Mesa signed a letter of intent to acquire Pine Valley Potash Project in southwestern Utah, as previously released (August 25). The deposit has a historical resource of 82.7 million tons averaging 35.5% alunite (19.5 million tons indicated and 63.2 million tons inferred). This resource is historical in nature and was calculated using US Bureau of Mines protocols which was the industry standard prior to NI 43-101 standards. Investors are cautioned not to use this information in making investment decisions.
The commercial products from alunite are potash, as sulfate of potassium ("SOP"), sulfuric acid and alumina. The deposit is shallow and would be mined by low-cost surface mining methods. The area is accessed by well maintained gravel roads, supports year round work and is 15 miles from a main line siding of the Union Pacific Railroad.
About The Green Energy Lithium Project
Lithium and other minerals occur at the project in 40% dissolved solids mineral rich brine. Lithium grades as high as 1,700 ppm, 7.9% potash, 18.7% magnesium chloride, 13% salt, 6100 ppm bromine and 1260 ppm boron. A drilling program is being designed to sample lithium-bearing brine for chemical analysis and metallurgical testing for mineral extraction. Engineering characteristics of the brine formation will also be tested to establish pressure, temperature, artesian characteristics and drawdown to aid in reservoir engineering and resource modeling.
About Mesa Uranium
Mesa is exploring a portfolio of premier lithium, potash and uranium properties in the United States where it controls significant land holdings. All projects are within proven mining districts with excellent access and infrastructure. Mesa currently has only 10.9 million shares issued and outstanding, 12.5 million shares on a fully-diluted basis. For further information please visit our website at www.mesauranium.com.
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:
Corporate Communications, 775-824-4533
The TSX Venture Exchange has neither approved nor disapproved of the contents of this news release.
You can view the Next News Releases item: Mon Nov 8, 2010, Mesa Announces Private Placement
You can view the Previous News Releases item: Thu Sep 2, 2010, Mesa Signs Definitive Agreement on the Holbrook Potash Project
You can return to the main News Releases page, or press the Back button on your browser.