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New Frontiers: Wall Street Reporter Spotlights Crosshair Exploration & Mining Corp., Target Exploration & Mining Corp., And Wallbridge Mining Co. Ltd.

Posted on: Wednesday, 13 February 2008, 12:00 CST

NEW YORK, Feb. 13, 2008 (PRIME NEWSWIRE) -- Wall Street Reporter has posted exclusive video interviews with management from three companies exploring new territories for North America's untapped mineral wealth: Crosshair Exploration & Mining Ltd. (TSX-V:CXX), Target Exploration & Mining Corp. (TSX-V:TEM), and Wallbridge Mining Co. Ltd. (TSX:WM).

Investors can watch or download all three interviews, along with a rich library of additional content recorded at the 2008 Vancouver Resource Investment Conference, at www. WallStreetReporter.com.

Newfoundland and Labrador are "the last unexplored area of Canada," says Mark J. Morabito, CEO of Crosshair Exploration & Mining Ltd. (TSX-V:CXX). Labrador, in particular, has turned out to be a highly prospective uranium district with big blue-sky potential, Mr. Morabito tells WSR.

Highlights of the interview: -- An overview of ongoing work on the company's lead project, an 8 million-pound uranium ore body. -- How CXX will execute on plans to develop the target and others on its 7,500 square-kilometer land portfolio. "This is a great deposit," Mr. Morabito says. "But lo and behold, it's not the best target on the property." -- Additional detail on the unexplored mineral potential of the Canadian Maritimes.

Target Exploration & Mining Corp. (TSX-V:TEM) is also following uranium leads, says Stewart Wallis, the company's president. Two Wyoming plays represent at least 4.5 million pounds of ore and are "the cornerstone to try to build a uranium company," he explains. "We can see there'll be room to expand the historical resource."

Highlights of the interview: -- An introduction to the properties, their exploration potential, and near-term drilling milestones that investors can expect. -- The company's unusually closely held equity structure, in which 40% of the 12 million outstanding shares are internally controlled. -- The prospect of active mining by 2011. "Working in Wyoming, you could be in production in three years."

Wallbridge Mining Co. Ltd. (TSX:WM) is bringing new exploration techniques to the Sudbury Basin as part of its own search for copper, nickel, and platinum group elements, says Alar Soever, the company's president. "We expect to have a very high rate of success there."

Highlights of the interview: -- How the company's technology is "constantly discovering new belts" of ore in an already famous mining camp. "It just shows how unexplored this branch is." -- Details on a fresh drilling program on "very mature targets." -- The diversification benefits of the company's strategic stake in Duluth Metals. "If there's anything like a stable junior, that's us."

Wall Street Reporter (Est. 1843) is the premier source of investment information on global public companies in high-growth sectors. Through its magazines, special reports, website, and conferences, WSR presents unique opportunities for discovering stocks before they appear on the radar of Wall Street. Visitors to its website, www.wallstreetreporter.com, can listen to and view exclusive audio and video from an extensive library of CEO interviews, analyst roundtables, and conference webcast presentations, as well as subscribe to WSR's "Smart Money Alert" -- a weekly update of stock picks and timely market insights from top analysts and stock gurus.

About Crosshair Exploration & Mining Corp.

Crosshair is a dominant player in the exploration for uranium in the central mineral belt of Labrador, Canada's most promising emerging uranium district with the potential for IOCG, structurally controlled/shear zone, and unconformity mineralization.

About Target Exploration & Mining Corp.

Target Exploration & Mining is comprised of a team of professionals with a strong background and track record of working together to create shareholder value -- through the identification and advancement of uranium and mineral exploration projects. The company will be setting its sights on highly prospective targets in both the U.S. and Canada.

About Wallbridge Mining Co. Ltd.

Wallbridge Mining is an established Canadian-based company whose mission is to explore for and develop nickel, copper, and platinum group element ("PGE") deposits. Its primary focus is on its large portfolio of properties in the underexplored footwall rocks of the prolific Sudbury Mining Camp, Ontario.

Forward-Looking Statements

Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may,""will,""should,""could,""expects,""plans,""intends,""anticipates,""believes,""estimates,""predicts,""forecasts,""potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.

This news release was distributed by PrimeNewswire, www.primenewswire.com

CONTACT: Wall Street Reporter Magazine Jack Marks, CEO & Publisher (212) 363-2600, ext. 260 www.WallStreetReporter.com Crosshair Exploration & Mining Corp. Mark J. Morabito, President & CEO (604) 681-8030 www.crosshairexploration.com Target Exploration & Mining Corp. Stewart Wallis, President (604) 681-8030 www.target-mining.com Wallbridge Mining Co. Ltd. Alan Soever, President (705) 682-9297 www.wallbridgemining.com

Source: PrimeNewswire

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