ESO Uranium Corp.

ESO Uranium Corp.

August 26, 2010 09:20 ET

ESO has Permits for Drilling on Donna (Formerly DNA) Gold Property on Monashee Mountain, 65 Kilometers East of Vernon, B.C.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 26, 2010) - ESO Uranium Corp. (TSX VENTURE:ESO)(FRANKFURT:E2G) (the "Company" or "ESO") completed a geochemical soil survey in July 2010 on the west extension of a large geochemical soils anomaly for gold and arsenic. The large anomaly extends more than 1,600 meters along the height of land between the Kettle River and Yeoward Creek, which are two drainages with active gold placer mining in an old gold mining camp. The new sampling showed extensions of the larger gold anomaly with values of up to 733 ppb gold in soils.

The Company has planned an initial drill program to test the western part of an area of earlier trenching within the large gold anomaly and anomalous areas within the recently sampled area. Permits for this program have just been received and the work is expected to start in the first week of September, 2010.

The original location of gold mineralization was made by prospecting and geochemical surveys in the headwaters of tributaries of Yeoward 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 program of trenching over a strike distance of approximately 650 meters. This work identified gold mineralization in a stockwork of auriferous quartz-sulphide veinlets within a diorite sill and the hosting argillite, limestone and volcanic rocks. Grades ranging from trace to a high of 3.28 oz/s.ton (112.41 g/t) gold over 3 inches (7.5 cms) and 0.86 oz/s.ton (29.66 g/t) gold over 90 inches (2.5 m.) were returned in sampling of the trench walls. Grab samples from the area trenched are reported in assessment files from 0.02 oz/s.ton (0.69 g/t) gold to 0.66 oz/s.ton (22.76 g/t) gold in float from the area of the soils geochemistry anomaly. 

More recent sampling by ESO (September 2009) returned a chip sample over 3 meters horizontal along a flat lying quartz vein with 12.3 g/t gold. While these 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.

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 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.

Contact Information