ESO Uranium Corp.

ESO Signs Option Agreement for Nevada Uranium and Precious Metals Property

    Vancouver, Canada (ots/PRNewswire) - ESO Uranium Corp. (TSX-V: ESO) (the "Company") is pleased to announce  that it has signed an option agreement to acquire 36 claims located in  Mineral County, Nevada, known as the Marietta Property, which covers a uranium bearing granitic intrusive with shear hosted uranium-copper-silver- molybdenum mineralization. The property is optioned from Western Geoscience  Inc. and Kleinebar Resources Inc. in consideration for payment of up to  US$450,000 and the issue of up to 600,000 common shares in the capital of  the Company, which are due in stages over a period of four years. The  agreement is subject to the acceptance of the TSX Venture Exchange.

    The Marietta property was first mined for silver copper ores in the  late 1800's. Shear structures up to a few meters in width carrying bornite  and oxide copper were the principal source of ore mined. After World War II  it was discovered that these high grade ores carried uranium values and  were hosted in radioactive granitic intrusive. The East flank of the  intrusive terminates against extensional faulting that dropped the adjacent  shales and volcanic rock down and much of this regional structure is  obscured by piedmont gravels and sands that lie on the west side of a small salar basin.

    A drill campaign, reportedly carried out by Westinghouse in the 70's,  tested the regional structures. Several drill sites were located during a  site visit in 2007. Radioactivity exposed in a 1.5 meter wide shear in the  wall of a short adit above the area of drill sites was chip sampled across  the full width of the shear. The shear zone contained some oxide copper and  no sulphide mineralization was observed.

    The values returned from the sample by a multi-element ICP analysis by  ALS Chemex returned 0.33% (6.6 lbs/st) uranium, greater than 1% lead, 0.9%  zinc and 0.34% molybdenum. Radioactivity of the host granite was noted at  moderately anomalous levels throughout a 500 meter traverse along a drill  road cut into the granitic host rocks.

    The company has staked a further 80 mineral claims in the vicinity of  the Marietta property and plans to conduct an initial programme of ground  radiometric surveys on the property.

    For reference, the current spot price quoted by uxc.com for uranium  oxide is US$78 per pound of U3O8; an assay reported as 1.0% of U3O8 is  equal to 20 pounds of uranium oxide per short ton - the conversion of  percent metal or metal oxide from percent to pounds per short ton is done  by multiplying the % value by 20.

    Ben Ainsworth 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

    Please refer to the ESO Uranium website for further and updated information.

    The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy and accuracy of this release.

    Forward Looking Statements: The above contains forward looking statements that are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ  materially from those anticipated in our forward looking statements.  Factors that could cause such differences include: changes in world  commodity markets, equity markets, costs and supply of materials relevant  to the mining industry, change in government and changes to regulations  affecting the mining industry. Forward-looking statements in this release  include statements regarding future exploration programs, operation plans,  geological interpretations, mineral tenure issues and mineral recovery processes. Although we believe the expectations reflected in our forward  looking statements are reasonable, results may vary, and we cannot  guarantee future results, levels of activity, performance or achievements.

ots Originaltext: ESO Uranium Corp.
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