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Make no mistake - the next "uranium super-cycle" is going to be fueled by the prolific, Athabasca Basin. As a totally unique global niche - there's no other place quite like it - on the entire planet - and as such - with ESO Uranium’s strategically selected land package - encompassing 985,885 acres throughout The Basin - ESO has its sights' set on moving from an advanced stage exploration company - to sourcing the origins of high-grade boulder trains.
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With 30% of global uranium supply coming out of The Basin, ESO has reported prominent surface boulders grading up to 65.5% U3O8 on our Cluff Project. The property adjoins (AREVA's) the formerly producing Cluff Lake Mine, which produced 62.5 million pounds of U3O8, grading 0.93% uranium, during its near-surface, open-pit-life-time. De-commissioned in 2003, this is the site of ESO's most advanced stage exploration project - The Cluff Lake Project, a 50/50 joint venture with Hathor Explorations on 67,346 acres (27,254 hectares).
ESO's 2006 drill results returned mineralization in 2 of 7 holes with grades of up to 0.82% U3O8 over one metre. The energy potential of Saskatchewan's uranium reserves is the equivalent to approximately 5.7 billion tonnes of coal or 20 billion barrels of oil - more than all of Canada's known conventional oil reserves. In 2007, a 10,000 metre - 100 hole drill program was announced. That drill program is now underway.
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| $6 Million Exploration Budget |
With a massive, world-class-uranium project, ESO is well-managed, financed, and has a detailed 2007 exploration program underway, which includes, a 100-hole drill program to test multi-parameter targets. As of Q4 2006, there were 2,179 claims and fifty-two permits held by 101 companies and individuals in The Basin of northern Saskatchewan. ESO's budget for the 2007 exploration season is $6 million
ESO's secondary project is its 100%-owned Mikwam Gold Project in northern Ontario, which is contiguous to Aurizon's Casa Berardi Mine in Quebec. Since going into production in Q4 of 2006, Aurizon has produced almost 50,000 oz/Au
Investor Relations:
Mr. Tom Corcoran
Telephone: (604) 629-0293
Toll Free: 1-866-629-8368
Email: tcorcoran@esouranium.com
Corporate Office:
ESO Uranium Corp.
Suite 408 - 1199 West Pender Street
Vancouver, British Columbia
Canada V6E 2R1
Telephone: (604) 629-0293
Fax: (604) 684-9365
Email: info@esouranium.com
Web site: www.esouranium.com
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Disclaimer:
The information herein may contains forward looking statements based on assumptions and judgments of the management of the ESO Uranium Corp. regarding events or results that may prove to be inaccurate as a result of exploration or other risk factors beyond its control. Actual results may differ materially from the expected results. All statements herein, other than statements of historical facts, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that ESO Uranium Corp. expects are forward-looking statements. Such forward-looking statements are not guarantees of future performance, and are based on numerous assumptions about future conditions that could change. The material contained herein is for information purposes only and is not and is under no circumstances intended to constitute an offer to sell or a solicitation to buy any securities or a recommendation as to the purchase of any securities.
The information contained herein has been obtained from the above featured company as well as the other publicly available sources and is believed to be accurate. Although reasonable efforts have been made to compile this data with care, neither Investcom, its employees, officers or directors guarantees the accuracy or completeness thereof, nor shall any of them be liable to the user or to any other person, firm or corporation whatsoever for any inaccuracies, errors or omissions contained herein nor for any damages arising therefrom or occasioned thereby. Investcom is not an investment advisor, readers are highly recommended to consult his Financial Advisors before making any investments related to any specific companies mentioned in Investcom's web site. The use of this profile is limited to the recipient. Review of this profile by any other party is expressly not authorized. The user is expressly not authorized to duplicate this profile or make all or a portion of this
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