SASKATCHEWAN – The former Cluff Lake uranium producers in northern Saskatchewan are getting another look thanks to ESO URANIUM of Vancouver. The company has begun a 100-hole drill program in hopes of outlining what can be classified as ore at todays high uranium prices.
Cogema began mining uranium near Cluff Lake in 1978 from mostly shallow, open pit mines. They produced 65 million lb of U3O8 from ore averaging 0.93% U3O8 plus significant gold values.
ESOs first hole will be drilled in property adjacent to the former Cluff Lake mine. The company (www.ESOuranium.com) can earn 50% in the property from HATHOR EXPLORATION (www.hathor.ca).