ESO Uranium starts Athabasca drilling

ESO Uranium (ESO-V) announced on Thursday, Mar. 2, that it has launched its drill program at the Cluff project in Saskatchewan.

Cluff is a 50/50 joint venture with Logan Resources (LGR-V) in the uranium-rich Athabasca Basin.

The company says the primary objective of the drill program is to test the Gorilla Lake zone where drilling by a past operator returned an intersection grading 0.85% U3O8 over 2.3 metres.

A total of 5,000 metres of drilling has been budgeted for the initial phase. To date the site includes a camp, crew and equipment.

The Cluff project covers more than 169,000 acres, surrounds the past producing Cluff Lake Mine and is immediately north of the Shea Creek project of UEX (UEX-T) and Cogema Resources.

Vancouver-based ESO controls roughly 860,000 acres of mineral claims in the Athabasca Basin making it one of the largest landholders in the region. The company also has an early stage gold project in northeastern Ontario, on the Casa Berardi structural deformation zone. Airborne geophysical surveying has been completed there.

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