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Crosshair Amends NI 43-101 Golden Promise Report VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Sep 30, 2008 -- Crosshair Exploration & Mining Corp. (Toronto:CXX.TO - News)(CXZ - News) announces that the NI 43-101 Technical Report for the
Golden Promise, South Golden Promise and Victoria Lake Properties
dated April 30, 2008 has been amended. The amendments relate to the recommended work programs on the subject properties. The most significant changes relate to the Golden Promise Property, where a second phase work program has been recommended. The second phase will include a bulk sample program, as well as further drilling and metallurgical work. The amended NI 43-101 report will be filled on SEDAR today at the same time as the filing for this news release. For more information on the Company and its properties, please visit the website at www.crosshairexploration.com. ON BEHALF OF THE BOARD Mark J. Morabito, Chief Executive Officer Cautionary Note Regarding Forward-Looking Information Information set forth in this news release may involve forward-looking statements under applicable securities laws. Forward-looking statements are statements that relate to future, not past, events. In this context, forward-looking statements often address expected future business and financial performance, and often contain words such as "anticipate", "believe", "plan", "estimate", "expect", and "intend", statements that an action or event "may", "might", "could", "should", or "will" be taken or occur, or other similar expressions. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the following risks: uncertainties relating to market price fluctuations, economic and market conditions; the risks associated with outstanding litigation, if any; risks associated with project development; the need for additional financing; operational risks associated with mining and mineral processing; fluctuations in uranium, gold and other commodity prices; title matters; environmental liability claims and insurance; reliance on key personnel; the potential for conflicts of interest among certain officers, directors or promoters with certain other projects; the absence of dividends; competition; dilution; the volatility of our common share price and volume; and tax consequences to U.S. shareholders. Forward-looking statements are made based on management's beliefs, estimates and opinions on the date that statements are made and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change. Investors are cautioned against attributing undue certainty to forward-looking statements. Contact: Contacts:
Crosshair Exploration & Mining Corp. - Vancouver
Jennifer Richards
Investor Relations
(604) 681-8030
(604) 681-8039 (FAX)
Email: investor@crosshairexploration.com
Website: http://www.crosshairexploration.com
Source: Crosshair Exploration & Mining Corp.
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