Crosshair Exploration and Mining Corp. (TSX VENTURE:CXX) (AMEX:CXZ) (the
"Company") is pleased to announce that it has engaged Emerging Markets
Consulting, LLC as an investor relations consultant to implement a comprehensive
marketing and investor communications program to assist in increasing investor
awareness of the Company.


Emerging Markets Consulting, LLC is a Florida-based strategic marketing and
communications firm that will increase Crosshair's exposure to industry
stakeholders and investors. Emerging Markets will be responsible for assisting
in the creation and distribution of a corporate profile for the Company,
communicating directly with institutional and accredited investors, analysts,
brokers and the media for purposes of encouraging or promoting investment in the
Company, and arranging for the Company's presence as a featured participant at
high profile trade and professional conferences for investors.


Under the renewable agreement, Emerging Markets will receive a fee of US$5,000
per month for an initial term of one year and incentive stock options to
purchase up to 400,000 common shares of the Company at a price of $2.50 per
share. The options will vest over a period of 12 months and will be subject to
the terms and conditions of the Company's stock option plan. The options will
expire on the earlier of the 30th day following termination of the agreement or
August 1, 2008.


Emerging Markets and its principals, James Painter, Jr. and James Painter III,
are at arm's length to the Company. Emerging Markets and its principals own an
aggregate of 5,600 common shares in the capital of the Company.


About Crosshair

Crosshair is a dominant player in the exploration for uranium in the Central
Mineral Belt of Labrador-Canada's most promising emerging uranium district. The
750 sq km Central Mineral Belt Uranium Project is host to potentially three
types of uranium mineralization - Iron Oxide Copper Gold (IOCG - Olympic Dam),
structurally controlled shear zone and unconformity types of mineralization.


For more information of the Company and its properties, please visit the website
at www.crosshairexploration.com.


ON BEHALF OF THE BOARD

Mark J Morabito, President and CEO

Cautionary Note Regarding Forward-Looking Information

Information set forth in this news release may involve forward-looking
statements. Forward-looking statements are statements that relate to future, not
past, events. In this context, forward-looking statements often address a
company's 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: 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.


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