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Bullboard - Stock Discussion Forum ESO Uranium Corp V.ESO

TSXV:ESO - Post Discussion

ESO Uranium Corp > Airborne surveys
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Post by kitkat1 on Feb 17, 2012 12:32am

Airborne surveys

When I spoke with Ben about a year and a half ago he had mentioned that these surveys were very expensive and had caused them to burn througha lot of cash but they must feel confident that the expense is justified if they are going to be doing more of this.

"In April-May of 2012, the Joint Venture is planning to complete coverage of the JV property with the advanced technology airborne radiometric survey used in the 2009 airborne survey. This system has been demonstrated to have the unique ability to identify singular radioactive events presented by uranium boulders as was well proven by the 2011 discovery. It will allow a rapid and detailed coverage of the new claims."

Things might get really interesting towards the end of March/early April.  Just sitting here quietly waiting with the crickets chirping around me...

Comment by Coffinite on Feb 17, 2012 5:20pm
The airborne surveys ESO flew back in the day (2005 to 2008) were mostly Megatem, and the main reason they were so expensive is because they were flying their Cree Property, which was a huge area back then - maybe 10 times the size of Patterson Lake South. The benefit of airborne work is that mineral exploration companies get 1.5 times assessment credit to keep there mineral claims in good ...more  
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