ESO Commences Drilling on Donna Gold Property
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 09/07/10 -- ESO Uranium Corp. (TSX VENTURE: ESO)(FRANKFURT: E2G) (the 'Company' or 'ESO') is pleased to announce that it has commenced drilling at its 100% owned Donna Gold Property on Monashee Mountain, which is located approximately 65 Kilometers east of Vernon, BC.
The purpose of the current drill program is to test targeted areas on the central and western parts of a large anomaly that extends more than 1,600 meters along the height of land between the Kettle River and Yeoward Creek, which are historical gold placer drainages. Recent soil sampling of the area showed extensions of the larger gold anomaly with values of up to 733 ppb gold in soils.
Sampling by ESO in September of 2009 returned a chip sample over 3 meters horizontal along a flat lying quartz vein with 12.3g/t gold within the trenched area. While some samples show significantly high gold values, the main exploration target is a bulk tonnage gold-silver deposit that could be hosted by the quartz stockwork and the dioritic dykes.
The geological and geomorphological settings have some similarity with the White gold property in the Yukon of Underworld Resources Ltd, which appears to be part of the source of placer gold in the White River drainage. On the Donna property, quartz veining is hosted by metamorphosed rocks of the Thompson Assemblage, a small accreted terrane with siliciclastic sediments and minor limestones and cherts of Carboniferous to Permo-Triassic age intruded by Cretaceous granodioritic rocks.
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
THIS NEWS RELEASE WAS PREPARED BY MANAGEMENT WHO TAKES FULL RESPONSIBILITY FOR ITS CONTENTS.
This news release includes certain statements that express management's expectation or estimates of future performance and may be deemed 'forward-looking statements'. These forward-looking statements include plans, estimates, forecasts and statements as to management's expectations regarding the Donna Gold Property. These forward-looking statements involve assumptions, risks and uncertainties and actual results may vary materially. For these reasons shareholders should not place undue reliance on such forward-looking information.
United States residents are cautioned that some of the information that may be published by ESO Uranium Corp. may not be consistent with United States Securities and Exchange Commission disclosure rules and may be materially different from what the Company is permitted to disclose in the United States and therefore United States residents should not rely on such information.
The TSX-Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
Contacts:
ESO Uranium Corp.
Robert (Bob) Meister
(604) 629-0293 or Toll Free: 1-866-629-8368
(604) 684-9365 (FAX)
info@esouranium.com
www.esouranium.com