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    Six New Uranium Targets Staked in Patterson Lake, Saskatchewan

    Investing News Network
    Feb. 15, 2012 09:24AM PST
    Company News

    ESO Uranium Corp. (TSXV:ESO) and its 50%  Patterson Lake South (PLS) joint venture partner Fission Energy (TSXV:FIS), have completed the staking, recording and registration of 6 new claims covering approximately 8,170 hectares (20,200 acres) which now become part of the JV Property. This increases the total area of the Patterson Lake South JV to approximately 31,039 hectares (76,700 acres) with 17 claims.

    ESO Uranium Corp. (TSXV:ESO) and its 50%  Patterson Lake South (PLS) joint venture partner Fission Energy (TSXV:FIS), have completed the staking, recording and registration of 6 new claims covering approximately 8,170 hectares (20,200 acres) which now become part of the JV Property. This increases the total area of the Patterson Lake South JV to approximately 31,039 hectares (76,700 acres) with 17 claims.

    As quoted in the press release:

    In April-May of 2012, the Joint Venture is planning to complete coverage of the JV property with the advanced technology airborne radiometric survey used in the 2009 airborne survey. This system has been demonstrated to have the unique ability to identify singular radioactive events presented by uranium boulders as was well proven by the 2011 discovery. It will allow a rapid and detailed coverage of the new claims.
    The Joint Venture is planning to restart the shallow (± 100 meters depth) drill programme in February. This program is designed to test geophysical anomalies and to locate the source area by drilling for radioactive till sheets in the overburden lying up ice (northeast) of the discovery uranium boulder field. This programme was paused for the Christmas break, having identified radioactive overburden in gamma logs in two  drill holes at depths consistent with a till sheet dipping towards the northeast, the direction from which the ice sheet appears to have pushed the boulders. A second drill is being considered to support this initial work.

    Click here to read theESO Uranium Corp. (TSXV:ESO) press release
    Click here to see the ESO Uranium Corp. (TSXV:ESO) profile.

    tsxv:esotsxv:fisfission energyeso uranium corpeso uraniumpatterson lake southjoint venture
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