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Cours Or & Argent

ESO Uranium Corp

Publié le 16 juillet 2009

Options Gold Property In BC

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Mots clés associés :   1971 | Canada | Uranium |
=======================================================================
Re:   News Release - Wednesday, July 15, 2009
      ESO Options Dona (formerly DNA) Gold Property on Monashee
      Mountain, 65 Kilometers East of Vernon, B.C.
=======================================================================

ESO Uranium Corp. (TSX-V: ESO), the Company (ESO), is pleased to
announce that, subject to regulatory approval, it has completed an
option agreement to acquire a 100% interest in a 724.9 hectare mineral
property that covers a gold discovery made by El Paso in 1970.  Further
claims have been staked on behalf of ESO, and under the terms of the
option agreement, to protect areas with anomalous gold values indicated
by earlier work, bringing the property size to a total of 1,388
hectares (3,429 acres).

The gold mineralization was found by prospecting and geochemical
surveys in the headwaters of tributaries of Monashee Creek and the
Kettle River, both early placer gold producers in the Province of
British Columbia. In the period 1971 to 1974 El Paso carried out a
programme of trenching and identified gold mineralization in a
stockwork of auriferous quartz-sulphide veinlets in a diorite sill and
the hosting argillite, limestone and volcanic rocks.  Grades ranging
from trace to a high of 0.86 oz/s.ton (29.5 g/t) gold were returned in
sampling of the trench walls.

A low cost rotary percussion track drill was used to test part of the
area of the trenches and El Paso abandoned the property in the face of
onerous new mining tax increases inflicted by an NDP provincial
government.  A soils geochemistry gold anomaly was located with
coincident silver-arsenic-lead values that had dimensions of greater
than 1600 meters by 1200 meters. This was confirmed in a larger 1992
geochemical soils programme by Phelps Dodge. The region was subject to
glaciation and the size of the soils anomaly may have been extended by
smearing or restricted by exotic cover brought over from outside the
mineralized bedrock. 

The property lies centrally within one of the largest clusters of
anomalous values in stream sediments for gold and its typical
pathfinders, that was identified in the Regional Geochemical Surveys
carried out in a joint Federal and Provincial programme completed in
the last three decades. No major bedrock source has been identified to
date for the adjacent gold placer deposits, which represent a physical
expression of potential sources within their watersheds.
The option agreement has been made with Mr Harold Jones (90% interest)
and Opal Resources Canada Inc. (10% interest). The terms include a
payment of a total of $100,000 over 4 years and the issuance of a total
of 300,000 shares over 4 years and total work commitments of  $400,000
over 4 years. A net smelter royalty of 2% is to be paid from production
and an advanced royalty of $30,000 per annum, deductible from the
royalty will be due on the anniversary of every year following the
exercise of the option. A 50% buyout of the royalty for $1,000,000 and
a right of first refusal for the remaining 50% are agreed.

ESO plans a programme of work this summer following receipt of permits
and the consultation required by the Province of British Columbia with
the three different Aboriginal groups that have announced land claims
interest in the area, according to advice from Mineral Titles. The
claims cover an area that was extensively logged and has old bush road
access.

B.Ainsworth, PEng BC, is the Qualified Person responsible for the
technical disclosure  contained in this news release.

On behalf of the Board of Directors of ESO Uranium Corp.

"Ben Ainsworth"
Vice President, Exploration

For corporate communications please contact:

Robert (Bob) Meister
ESO Uranium Corp.
Vancouver, BC
Phone: (604) 629-0293
Toll Free: 1-866-629-8368
Email:   info@esouranium.com

The TSX Venture Exchange has not reviewed nor accepted responsibility
for the adequacy or accuracy of the contents of this news release which
has been prepared by management. Statements contained in this news
release that are not historical facts are forward looking statements as
that term is defined in the private securities litigation reform act of
1995. Such forward looking statements are subject to risks and
uncertainties which could cause actual results to differ materially
from estimated results. Such risks and uncertainties are detailed in
the Company's filing with the Securities and Exchange Commission.

=======================================================================
Copyright (c) 2009 ESO URANIUM CORP. (ESO)  All rights reserved.  For
more information visit our website at http://www.esouranium.com/ or
send mailto:info@esouranium.com
=======================================================================
.
<
Données et statistiques pour les pays mentionnés : Canada | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Canada | Tous

ESO Uranium Corp

EXPLORATEUR
CODE : ESO.V
ISIN : CA2691041057
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ESO Uranium est une société d’exploration minière d'uranium basée au Canada.

ESO Uranium détient divers projets d'exploration au Canada.

Ses principaux projets en exploration sont CLUFF LAKE, MANDIN, CARSWELL, MATHISON LAKE (MATH), HATCHET, MIKWAM, MARIETTA PROPERTY, TEELS MARSH PROPERTY, KLONDIKE PROPERTY, PATTERSON PROPERTY, CREE, DONNA et HOOK au Canada.

ESO Uranium est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 2,6 millions CA$ (2,4 millions US$, 1,7 millions €).

La valeur de son action a atteint son plus haut niveau récent le 29 décembre 2006 à 1,48 CA$, et son plus bas niveau récent le 31 décembre 2013 à 0,02 CA$.

ESO Uranium possède 13 052 777 actions en circulation.

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Rapports annuels de ESO Uranium Corp
2008 annual report
Annual report 2007
Financements de ESO Uranium Corp
08/12/2011Announces Shareholders Rights Plan and Private Placement
Projets de ESO Uranium Corp
12/11/2012Alpha Minrerals Inc. ("AMW" )=3A Two More Drill Holes Cut Hi...
05/11/2012Discovery Hole Hits "Off=2DScale" Near Surface at PLS
25/10/2012=3A High Grade Uranium Boulder Field Grows At Patterson Lake...
25/04/2012=3A THREE MORE DRILL HOLES INTERSECTING RADIOACTIVE MINERAL...
15/02/2012Stakes New Uranium Targets In Patterson Lake South JV(ESO=2F...
24/10/2011=3A HUNT FOR HIGH GRADE URANIUM SOURCE STARTS ON PATTERSON...
17/08/2011(Donna)COMPLETES DRILLING ON DONNA GOLD PROPERTY
13/07/2011(Donna)Commences Drilling On Donna Gold Property
27/06/2011FISSION Discover 4Km Long Uranium Boulder Train With "OFF-SC...
10/07/2007(Cluff Lake (carswell))Launches Drill Program On Cluff Lake Uranium Property
Communiqués de Presse de ESO Uranium Corp
31/10/2012Announces Effective Date for Name Change and Consolidation
24/07/2012ANOMALOUS U3O8 IN LAST 4 DRILL HOLES OF WINTER PROGRAM=2C PA...
18/04/2012=3A DRILLING RETURNS 19.5 METERS OF STRONG RADIOACTIVE MINER...
29/02/2012=2C Athabasca Basin Leap Year Update
27/02/2012Completes VTEM Airborne Survey=2C Drill Rig Mobilized at Pat...
16/01/2012TO COMMENCE $2.76M WINTER PROGRAM AT PATTERSON LAKE SOUTH JV...
27/07/2011/FISSION PATTERSON LAKE SOUTH JV REPORTS HIGH GRADE BOULDERS...
05/07/2011MORE =E2?=9COFF-SCALE=E2?=9D RADIOACTIVE BOULDERS AND MORE
26/04/2011Starts Rock Sampling At Marietta, Nevada
14/09/2009Starts First Phase of Work on Donna (Formerly DNA) Gold Prop...
16/07/2009Options Gold Property In BC
30/10/2008Eso Uranium Presentation
13/02/2008Signs Option Agreement For Nevada Uranium And Precious Metal...
21/01/2008And Fission Energy Sign Strategic Joint Venture Agreement In...
03/03/2006Commences Drilling on its Cluff Project
08/02/2006Prepares to drill on Mikwam Gold Project, Ontario
01/02/2006Cluff map
01/02/2006Drilling to commence on ESO Uranium Cluff Project in the At...
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