ESO Uranium Corp. - Gold Drilling Results Positive On Donna Gold Property, B.C.

Trading Symbol TSX-V - ESO
Frankfurt - E2G

VANCOUVER, Nov. 8, 2011 /CNW/ - ESO Uranium Corp. (TSX-V: ESO), (the "Company" or "ESO") completed its drilling programme in August, 2011, at the Donna Gold Property on Monashee Mountain, which is located approximately 65 Kilometers east of Vernon, BC.

ESO has received and reviewed assay and analytical results from the 1,633 meter, thirteen hole (13) drill program that tested areas of earlier drilling and trenching, and possible down-dip gold mineral extension to the west.

All of the holes had intersections of anomalous gold, with 7 having thicknesses of greater than 10 meters of anomalous gold often with anomalous arsenic and zinc values. With more than 53% of the holes expressing this level of grade x thickness this leaves open a target on the southwest side of the main gold anomaly showing in soils. This anomaly that extends more than 1,600 meters (5,300 feet) along the height of land between the Kettle River and Yeoward Creek. Both of these creeks were historical gold placer producers and minor production is still achieved there.  The gold soil anomaly is partially coincident with historical trenching and drilling. 

The area to the southwest of this year's drill programme is cut by a drainage that returned high gold values (>3ppm Au) in heavy mineral concentrate taken in a programme of sampling in the 1980s. This is within the area of the target which will be reviewed this winter.

The actual gold values in those drill holes with anomalous gold with thicknesses greater than 10 meters and samples over 1 g/t are indicated in the table below (Thicknesses are core length not necessarily true width).

TABLE

DDH #       Au Grade (g/t)     Thickness       From - To
D11-8       2.56      0.76 m       16.93 -17.70
      0.364       13.10 m       46.90 - 60.00
D11-09      0.105     26.05 m       35.60 - 61.25
      0.267      16.00 m       84.00 - 100.00
D11-10      0.388      2.38 m       49.00 - 51.38
      0.184      14.52 m       59.15 - 73.67
D11-15      0.521      35.06 m       88.94 - 124.00
D11-16      2.18      1.03 m       102.10-103.13
D11-19      0.153      10.75 m       8.00 - 18.75
      0.181      19.84 m       83.56 - 103.40
D11-20      0.386      25.24 m       64.00 - 89.24
      2.19      0.93 m       98.74 - 99.67

(Note: In order to derive the current dollar value of 1 gram of gold, divide the current price of gold per ounce by 31.10)

Ben Ainsworth, PEng BC, 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


THIS NEWS RELEASE WAS PREPARED BY MANAGEMENT WHO TAKES FULL RESPONSIBILITY FOR ITS CONTENTS. THE TSX-VENTURE EXCHANGE does not accept responsibility for the adequacy or accuracy of this release.

This news release includes certain statements that express management's expectation or estimates of future performance and may be deemed "forward-looking statements".  These forward-looking statements include plans, estimates, forecasts and statements as to management's expectations regarding the Donna Gold Property. These forward-looking statements involve assumptions, risks and uncertainties and actual results may vary materially.  For these reasons shareholders should not place undue reliance on such forward-looking information.

United States residents are cautioned that some of the information that may be published by ESO Uranium Corp. may not be consistent with United States Securities and Exchange Commission disclosure rules and may be materially different from what the Company is permitted to disclose in the United States and therefore United States residents should not rely on such information.

SOURCE ESO Uranium Corp.

For further information:

For corporate communications please contact:

Robert (Bob) Meister
ESO Uranium Corp.
Vancouver, BC
Phone: (604) 629-0293
Toll Free: 1-866-629-8368
Email:   info@esouranium.com

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