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ESO Uranium – Fission Discover Uranium Boulder Train With Off-Scale Radioactivity

Investing News Network
Jun. 27, 2011 10:24AM PST
Gold Investing

ESO Uranium Corp. (CVE:ESO) & Fission Energy Ltd (CVE:FIS) report that a recent field work on their Patterson Lake South property has resulted in the discovery of a significant 4 km long uranium boulder train.

ESO Uranium Corp. (TSXV:ESO)  & Fission Energy Ltd (TSXV:FIS) report that a recent field work on their Patterson Lake South property has resulted in the discovery of a significant 4 km long uranium boulder train.

The press release is quoted as saying:

Of the fifty-four uranium boulders and hotspots in soils identified to date, twenty-nine or 54% gave “off-scale” (> 9,999 counts per second [cps]) radioactive readings, as measured by hand held Exploranium GR-110G total count gamma-ray scintillometers.  Samples from these sites will be sent for assay this week.

The ongoing field program, which includes a radon survey, soil sampling, and boulder prospecting, will prioritize locating and tracing the source and extent of the boulders. Investigation of uranium boulder trains has led to the discovery of several major uranium deposits in the Athabasca Basin, including some of those of the nearby former producing Cluff Lake Mine (>60 million lbs produced).

ESO Uranium’s Project Manager,  Garrett Ainsworth says:

“The convergence of the airborne survey and the exciting field discovery we have made here has mapped the value of an exploration program based on good science and flexible thinking when considering models and targets. Based on all data gathered to date we strongly feel that there is high potential for a relatively shallow, high grade uranium target.” 

Click here to access the entire press release.

Click here to access ESO Uranium’s company profile.(TSXV:ESO)

patterson lake south tsxv:eso athabasca basin fission energy tsxv:fis eso uranium
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