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ESO Uranium Corp.: ESO Starts First Phase of Work on Donna (Formerly DNA) Gold Property on Monashee Mountain, B.C.

^{Published on 2009-09-15 04:03:55 - Market Wire}
 

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 14, 2009) - ESO Uranium Corp. (TSX VENTURE:ESO)(FRANKFURT:E2G), the Company (ESO), is starting a programme of work to open up access and carry out sampling of old trenches on its Donna property. ESO has enlarged the area of claims around the original 724.9 hectare mineral property to make a total area of 2,091.65 hectares (approximately 5,168 acres) to complete coverage of extensions of geochemical anomalies in soils around the gold discovery made by El Paso in 1973. Further work including an IP survey followed by drilling for definition of targets related to the known gold zones will be planned for early summer 2010.

ESO has obtained and reviewed various reports concerning past exploration work conducted on the Donna property which were not prepared in accordance with NI 43-101. The following technical information has been taken from these reports, however ESO has not completed sufficient work to verify the accuracy of this historical information. Accordingly, readers should use caution when considering this information and should not rely upon the accuracy of such information.

Compilation work was completed on the previous work programmes of geochemical surveys, trenching and drilling. This information was assembled onto a common database and format, and indicates a strong linear zone of gold values intersected by 4 trenches over a distance of 250 metres and open on both ends, to the NW and SE. Corresponding soil samples ranging from trace to 4200 ppb (4.2 g/t) gold were found covering and surrounding this area. Grab samples values 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 found in float from the area of the soils geochemistry anomaly.

Grades ranging from trace to 0.86 oz/s.ton (29.66 g/t) gold over 8.25 feet (2.5 m) with a high value of 3.28 oz/s.ton (112.41 g/t) gold over 3 inches (7.5 cms) were returned in sampling of the trench walls in this zone. Drilling intercepts ranged from trace to 0.034 oz/s.ton (1.17 g/t) from 129 to 141 feet (39.3 to 43.0 m) with a high value of 0.55 oz/s.ton (19.09 g/t) from 78 to 82 feet (23.8 to 25.0 m) all in apparent widths. While these samples show significant gold values, the main exploration target is a bulk tonnage gold-silver deposit supported by the stockwork mineralization.

In a 1982 assessment report for Granex Resources, independent consultant F.M.Smith, P.Eng, B.C. reported that from trench samples, the grade of the mineralized zones were indicated to average 0.12 oz/s.ton (4.1 g/t) gold over average widths of at least 6 metres, ranging to a maximum of 12.8 metres.

A segment of a second, parallel gold zone is intersected in two trenches 100 meters to the SW of the above zone.

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

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.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.