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 Mesa Uranium Corp.

Mesa Uranium Corp.

Mesa Uranium Corp.      

  Stock Info News Releases Why Invest in Mesa Uranium? Financial Statements Presentations Related Websites Media Coverage Public Filings Disclaimer

Mesa Fact Sheet

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     December 07, 2010
Mesa Uranium Closes Private Placement
     December 07, 2010 -- Mesa Uranium Corp. (TSXV: MSA) ("Mesa" or the "Company") is pleased to announce it has closed the previously announced non brokered private placement of 1,300,000 units (the "Units") at a price of $0.25 per Unit for gross proceeds of $325,000. Each Unit consists of one common share (a "Share") in the capital of Mesa and one non-transferable common share purchase warrant (a "Warrant"). Each whole Warrant entitles the holder thereof to purchase one additional common share (a "Warrant Share") in the capital of Mesa at a price of $0.35 per Warrant Share. The Warrants will expire 24 months from the date of issue unless the closing price of the common shares has been $0.50 or higher for 20 consecutive trading days, in which case the Warrants will expire if not exercised within 30 days. The securities issued under the Offering are subject to a four month hold period expiring April 6, 2011.

Proceeds from the Offering will be used to advance Mesa's exploration projects and for general working capital. Certain insiders of the Company participated in the offering.

About Mesa Uranium
Mesa is exploring a portfolio of premier uranium, lithium and potash properties in the United States where it controls significant land holdings. All projects are within proven mining districts with excellent access and infrastructure. For further information please visit our website at


(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

For further information call:

Susan Bertling, Corporate Communications, 604-688-7508

The TSX Venture Exchange has neither approved nor disapproved of the contents of this news release.

You can view the Previous News Releases item: Mon Nov 8, 2010, Mesa Uranium Announces Private Placement

You can return to the main News Releases page, or press the Back button on your browser.



Capital Structure

TSX-V Symbol: MSA
US Symbol: MSAJF

Mesa Uranium Corp. is exploring a portfolio of premier lithium, uranium and potash properties in the United States. All projects are within proven mining districts with excellent access and infrastructure.

Mesa's Green Energy Lithium Project is located in Grand County, Utah, an ideal climate and environment for a lithium brine operation. The Project is accessible by paved and dirt roads.

Lithium rich brine, grading as high as 1,700 ppm, was first discovered in this area of Utah during oil exploration in the 1960's. Drilling unexpectedly encountered high pressure brine blow-outs with rates up to 1,000 gallons per minute at a depth of 6,000 feet. Mineral-rich brine flows contained up to 40% dissolved solids and were encountered over 48 square miles centred on the Green Energy Project. The main brine bearing zone, Clastic Zone 31, is not part of any oil reservoir.

Historical reports on the brine occurrence in Clastic Zone 31 suggested a potential for at least 15 million barrels with an upside of hundreds of million of barrels of brine. In addition to the known brine occurences, Mesa also plans to explore previously untested synclinal features for brine. With attractive lithium values grading as high as 1,700 ppm (comparable to Silver Peak, the only lithium mine in America), the Company believes the Green Energy Project could have world class potential for commercial production of lithium.



Investment Highlights

  • Low market capitalization -- attractive entry point


  • Insiders control 34%, strong private shareholder base


  • Only 10,945,376 shares issued and outstanding, 12,476,210 fully diluted


  • Large land packages in Utah and Arizona -- 100% controlled projects.


  • Lead Project: Green Energy Lithium -- highly prospective mineral-rich brine.


  • Portfolio of premier Lithium, Potash and Uranium projects.


  • Experienced mining, exploration, permitting, development and finance team.


  • Stong board of directors with proven track records in the industry.


  • All projects are in mine-freindly jurisdictions with good access and infrastructure.

    Solid Fundamentals for Lithium, Potash and Uranium


  • Lithium is experiencing a growing surge in demand for use in batteries in electric vehicles, cell phones and laptop computers.


  • Potash is irreplaceable as a fertilizer, potash is vital increasing crop yields and growing healthy plants. Global population is set to rise from 6.8 billion to more than 9 billion by 2050, coincident with decreasing arable lands.


  • Nuclear power is the only practical green energy source, globally the industry is seeing massive demand for new power plants


 Mesa Uranium Corp.
(TSX-V: MZU) is an exploration company exploring for uranium
in the Colorado Plateau region of the United States.
The principal project is located in the Lisbon Valley Mining
District, the second largest uranium producing district
in the United States.
Mesa's land position is in excess of 30,000 acres
(46 square miles) in prolific uranium districts in Utah
and Arizona.

Lisbon Valley Project
Mesa Uranium's 30 square mile Lisbon Valley Project
is located in the Lisbon Valley Mining District.
Over 85 million pounds of uranium oxide (U3O8) were produced
in the district at an average grade of 0.4% U3O8
(8 pounds per ton).
Mesa Uranium is currently drilling several target areas
throughout the district.

Historc uranium & vanadium mines -

A Little Moab History -
In early 1952 an unemployed Texas geologist named
Charley Steen discovered one of the the mines in the
World's largest concentrations of uranium ore
near Moab, Utah.
Steen became an instant millionaire and set off a modern
day mining boom -
His Mi Vida Mine is famous for sitting in the largest
high-grade pitchblende (uranium) ore body ever discovered
at that time in the United States,
last valued at more than 160 Million (1953 dollars -
about $1.6 Billion in 2007 fiatz-dollars)....

Charlie Steen's Mi Vida Uranium Mine;
Mi Vida - this old uranium mine Lady started
the whole uranium boom in the Moab area -

This discovery unleashed a massive "uranium boom" on
the Colorado Plateau, and turned tiny Moab, UT into
"the uranium capital of the world."
The mine closed in the 1980s.

High grade ore from the Mi Mida Mine,
Lisbon Valley, Utah

Pitchblende from the Mi Vida Mine -
Lisbon Valley Utah

Carnotite uranium ore from Lisbon Valley, Utah

Electric power infrastructure, Lisbon Valley, Utah -

The old uranium & vanadium mines were discovered and
uranium mining had just started when US Gov. said,
the Gov. the inventorie -
is now filled -
and we don't need any more U3O8 for the bombs for some years,
so you may close down the mines now.

Moonshine Springs Project -
The 5 square mile Moonshine Springs Project
is located in Mohave County, Arizona
and was previously explored by Exxon Minerals.
Exxon drilled several holes on the project,
the best hole intercepted six feet grading 0.4% U3O8
(8 pounds per tons).
Dennison Mines owns the neighboring Moonshine Springs uranium
deposit (2.5 million pounds U3O8) located
approximately 1 mile from the project.
Permitting is ongoing with drilling planned for 2007.

Breccia Pipe Project -
The Project is located in Mohave and Coconino counties,
Arizona and consists of several targets in
an 11 square mile area.
The Arizona Strip, as the area is known, was the highest grade
district in the United States, producing over 20 million pounds
of U3O8 at an average grade of 0.65% (13 pounds per ton).

September 08, 2010  Mesa Engages Continental Metallurgical Services
September 02, 2010  Mesa Uranium Signs Definitive Agreement on the Holbrook Potash Project
August 25, 2010  Mesa Signs Letter of Intent to Acquire Potash Project
July 14, 2010  Mesa Signs Letter of Intent on the Holbrook Potash Project
June 21, 2010  Mesa Receives Drilling Permit at Moonshine Springs, Arizona
April 20, 2010  Mesa Initiates Permitting for Green Energy Lithium Project
March 17, 2010  Green Energy Lithium Project Expands
December 17, 2009  Green Energy Lithium Project Update
December 01, 2009  Closes Private Placement
November 25, 2009  Announces Private Placement
November 20, 2009  Closes Private Placement with Pinetree Resource Partnership
November 10, 2009  Private Placement Announced
November 04, 2009  Acquires Green Energy Lithium Project
May 27, 2009  Acquires Additional Potash Projects in Utah
January 22, 2009  Acquires Arizona Potash Exploration Permits
September 15, 2008  Acquires Utah Potash Project, Consolidates Shares
July 23, 2008  Mesa Uranium Announces Closing of Private Placement
May 30, 2008  Mesa Uranium Announces Private Placement
May 22, 2008  Mesa Uranium Signs Definitive Joint Venture Agreement with Energy Fuels
May 07, 2008  Mesa Uranium Conducts Radon Survey at Moonshine Springs, Arizona
February 26, 2008  Mesa Uranium Expands Land Holdings, Forms WellProbe Geophysical With New Horizon Uranium
January 08, 2008  Mesa Uranium Drills Significant U3O8 In Arizona
November 15, 2007  Mesa Uranium Begins Drilling Moonshine Springs Uranium Project in Arizona
November 14, 2007  Mesa Uranium Extends Mineralization Around L-15 Discovery Hole - RAD Target Area Drilling
October 04, 2007  Mesa Uranium Begins Step-out Drilling On Uranium Discovery
October 02, 2007  Mesa Uranium Updated In Jay Taylor's Energy Newsletter
September 13, 2007  Mesa Uranium Corp. Appoints Mr. Joseph Giuffre to Board of Directors
September 10, 2007  Mesa Uranium Drills 17.5 Feet Grading 0.11% U3O8
July 04, 2007  Mesa Uranium Retains AGORACOM To Provide Investor Relations
June 27, 2007  Mesa Uranium Signs Second LOI with Energy Fuels Inc.
June 18, 2007  Mesa Uranium Begins Drilling At Lisbon Valley Project
June 05, 2007  Mesa Uranium Signs LOI with Energy Fuels Inc.
May 04, 2007  Mesa Uranium Acquires Arizona Breccia Pipe Targets
April 23, 2007  Mesa Uranium Lisbon Valley Project Drilling Program
April 18, 2007  Mesa Uranium Acquires Additional Land at Moonshine Springs
April 11, 2007  Mesa Uranium Closes $3 Million Private Placement
March 16, 2007  Mesa Uranium Announces Private Placement
March 01, 2007  Acquisition of Exploration Data
February 19, 2007  Acquisition of Arizona Project
February 06, 2007  North Alice Drilling Results
December 15, 2006  Mesa Uranium Profiled on BTV
December 13, 2006  Exploration Program Update
November 29, 2006  Commences Drilling At North Alice And Texwood
November 24, 2006  Drill Permits Granted for North Alice and Texwood Targets
November 14, 2006  Acquisition Of State Lease In Lisbon Valley Utah
October 25, 2006  Mesa Uranium Drill Results
October 04, 2006  Mesa Uranium Management Appointments
September 28, 2006  Mesa Uranium Expands Exploration Program
September 20, 2006  Mesa Retains Longview Strategies To Provide Investor Relations
September 14, 2006  Mesa Uranium Intersects Uranium In Drilling
August 17, 2006  Mesa Uranium Drilling Results for Three Holes
July 26, 2006  Mesa Uranium Drilling Update, District Developments
May 31, 2006  Mesa Uranium Commences Drilling at the Lisbon Valley Project
May 24, 2006  Mesa Uranium Receives Drilling Permit
May 17, 2006  Mesa Uranium Acquires Additional Claims in Lisbon Valley Utah
April 24, 2006  Mesa Uranium Warrants Commence Trading April 24, 2006
April 21, 2006  Mesa Uranium Selects Drilling Contractor
April 05, 2006  Field Work Commences on Uranium Project
February 07, 2006  Mesa Uranium Announces Appointment Of Vice President, Exploration
January 31, 2006  Permitting Initiated For The Lisbon Valley Uranium Project
December 21, 2005 

Completion Of Acquisition Of Uranium Assets

#25   Mesa Exploration Acquires Seismic Data for Utah Projects Penny Roger$ 10/26/11 01:52:42 PM
#24   Thx Bob & I just ran across some crookedneck 09/03/11 11:31:27 AM
#23   crookedneck welcome to Mesa Uranium Corp (MSAJF :-) NYBob 09/03/11 10:50:54 AM
#22   Hmmmmmmm looks like a turn around might be crookedneck 09/03/11 10:10:13 AM
#21   Mesa Exploration Cor (MSAJF) NYBob 08/30/11 12:09:36 AM
#20   Mesa Exploration Cor (MSAJF) NYBob 06/15/11 01:16:36 AM
#19   Very Smart move IMO! eom7 03/30/11 09:09:05 AM
#18   Mesa Uranium Changes Name to Mesa Exploration ncj167 03/29/11 05:29:56 PM
#17   Mesa Uranium Files 43-101 Report, Expands the Green NYBob 03/29/11 01:42:15 AM
#16   Mesa Uranium Corp. (MSA) NYBob 03/29/11 01:31:47 AM
#15   Mesa Uranium Corp (MSAJF)$1.2849 UP 0.2629 +25.72% :-) NYBob 02/10/11 08:33:29 PM
#14   $1.4 lol eom7 02/10/11 12:39:40 PM
#13   Mesa Uranium Corp (MSAJF) fiat$0.9858 UP $0.2018 +25.74% :-) NYBob 02/03/11 04:01:18 PM
#12   On fire today! eom7 02/03/11 03:58:11 PM
#11   Mesa Uranium JV Partner Passport Potash Commences Geophysical eom7 02/03/11 03:57:51 PM
#10   Mesa Uranium Acquires Uranium Leases eom7 02/02/11 02:04:32 PM
#9   Mesa Uranium Corp (MSAJF) NYBob 01/25/11 04:58:56 PM
#8   Finally got a small starter... hope I can eom7 01/21/11 08:41:30 AM
#7   I wonder if the old - NYBob 01/18/11 10:57:28 PM
#6   This one moves on air... eom7 01/18/11 01:47:48 PM
#5   Mesa Uranium Corp. (MSA) NYBob 01/18/11 01:49:17 AM
#4   Mesa Uranium Closes Private Placement NYBob 01/07/11 03:03:09 PM
#3   Mesa Uranium Corp. - Latest News Releases - NYBob 01/07/11 03:01:14 PM
#2   Mesa Uranium Corp. (MSA)fiat $0.97 UP $0.03 +3.19% :-) NYBob 01/07/11 02:59:11 PM
#1   Mesa Uranium Corp (MSAJF) fiat $0.9809 UP $0.0527 NYBob 01/07/11 02:58:15 PM
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