VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 10, 2012) - Crosshair Energy Corporation (TSX:CXX)(NYSE MKT:CXZ)(NYSE Amex:CXZ) ("Crosshair" or the "Company") is pleased to announce the mobilization of its field crews to its newly consolidated CMB uranium/vanadium project in central Labrador. The start of the program had been delayed due to forest fire conditions resulting from an unseasonably warm, dry spring. The $2.2 million program will focus on the Two Time, Firestone, Blue Star and C zones, with up to 3,500 metres (11,480 feet) of drilling. The goal of this year's program is to expand the existing uranium and vanadium resources, as well as test new uranium targets within the main property.