ESO Uranium Corp

Published : January 21st, 2008

And Fission Energy Sign Strategic Joint Venture Agreement In Patterson Lake Area, South Athabasc

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Keywords :   Canada | Uranium |
======================================================================
Re: News Release - Monday, January 21, 2008
ESO And Fission Energy Sign Strategic Joint Venture Agreement In
Patterson Lake Area, South Athabasca Basin, Saskatchewan
======================================================================

Vancouver, Canada, January 21st, 2008: ESO Uranium Corporation

ESO Uranium Corporation (TSX-V: ESO), the Company, and Fission Energy
Corporation (TSX-V: FIS) (Fission) are pleased to announce that the
companies have signed a joint venture agreement to include claims
staked in late 2007 by the companies on the southern extension of their
Hook Lake and Patterson Lake claims. The joint venture is a 50%-50%
participation by the companies and includes 4 claims (approximately
4770 hectares) on the southern margin of the Athabasca Basin in the
Broach Lake - Patterson Lake area. The area is accessible by road and
close to several established bush camps.

A Megatem airborne magnetic and deep penetrating electromagnetic survey
of 167 line km was completed over the claims by Fugro Airborne Surveys
in December, 2007 to cover southerly extensions of electromagnetic
conductors identified by earlier work in basement rocks underlying the
Athabasca sedimentary basin to the north. The identified conductors are
shown in a Saskatchewan Geological Survey compilation to extend SSW
onto the Joint Venture property in a band of conductors referred to as
the Carter Corridor. The Carter Corridor has been under active
exploration by the Purepoint Uranium Group working on the contiguous
Hook Lake project which is under option from Cameco and Areva.

The results of the recent Megatem survey are being processed and will
form a basis for developing ground targets for further work by the
Joint Venture in 2008. Target depths for uranium mineralization are
expected to be shallow (less than 300 meters depth) in this area which
has some overlapping cover of sediments of the Prairie sedimentary
basin.

For reference, the current spot price quoted by uxc.com for uranium
oxide is US$89.50 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.

On behalf of the Board of Directors of ESO Uranium Corp.

"Ben Ainsworth"
Vice President, Exploration



For Corporate Communications please contact:


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


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



The Toronto Venture Exchange has not reviewed nor accepted
responsibility for the adequacy or accuracy of the contents of this
news release which has been prepared by management. Statements
contained in this news release that are not historical facts are
forward looking statements as that term is defined in the private
securities litigation reform act of 1995. Such forward looking
statements are subject to risks and uncertainties which could cause
actual results to differ materially from estimated results. Such risks
and uncertainties are detailed in the Company's filing with the
Securities and Exchange Commission.

======================================================================
Copyright (c) 2008 ESO URANIUM CORP. (ESO) All rights reserved. For
more information visit our website at http://www.esouranium.com/ or
send mailto:info@esouranium.com
======================================================================
.
Data and Statistics for these countries : Canada | All
Gold and Silver Prices for these countries : Canada | All

ESO Uranium Corp

EXPLORATION STAGE
CODE : ESO.V
ISIN : CA2691041057
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ESO Uranium is a uranium exploration company based in Canada.

ESO Uranium holds various exploration projects in Canada.

Its main exploration properties are CLUFF LAKE, MANDIN, CARSWELL, PATTERSON PROPERTY, CREE, HATCHET, MIKWAM, MARIETTA PROPERTY, TEELS MARSH PROPERTY, KLONDIKE PROPERTY, MATHISON LAKE (MATH), DONNA and HOOK in Canada.

ESO Uranium is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 2.6 millions as of today (US$ 2.4 millions, € 1.7 millions).

Its stock quote reached its highest recent level on December 29, 2006 at CA$ 1.48, and its lowest recent point on December 31, 2013 at CA$ 0.02.

ESO Uranium has 13 052 777 shares outstanding.

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Annual reports of ESO Uranium Corp
2008 annual report
Annual report 2007
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12/8/2011Announces Shareholders Rights Plan and Private Placement
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11/5/2012Discovery Hole Hits "Off=2DScale" Near Surface at PLS
10/25/2012=3A High Grade Uranium Boulder Field Grows At Patterson Lake...
4/25/2012=3A THREE MORE DRILL HOLES INTERSECTING RADIOACTIVE MINERAL...
2/15/2012Stakes New Uranium Targets In Patterson Lake South JV(ESO=2F...
10/24/2011=3A HUNT FOR HIGH GRADE URANIUM SOURCE STARTS ON PATTERSON...
8/17/2011(Donna)COMPLETES DRILLING ON DONNA GOLD PROPERTY
7/13/2011(Donna)Commences Drilling On Donna Gold Property
6/27/2011FISSION Discover 4Km Long Uranium Boulder Train With "OFF-SC...
7/10/2007(Cluff Lake (carswell))Launches Drill Program On Cluff Lake Uranium Property
Corporate news of ESO Uranium Corp
10/31/2012Announces Effective Date for Name Change and Consolidation
7/24/2012ANOMALOUS U3O8 IN LAST 4 DRILL HOLES OF WINTER PROGRAM=2C PA...
4/18/2012=3A DRILLING RETURNS 19.5 METERS OF STRONG RADIOACTIVE MINER...
2/29/2012=2C Athabasca Basin Leap Year Update
2/27/2012Completes VTEM Airborne Survey=2C Drill Rig Mobilized at Pat...
1/16/2012TO COMMENCE $2.76M WINTER PROGRAM AT PATTERSON LAKE SOUTH JV...
7/27/2011/FISSION PATTERSON LAKE SOUTH JV REPORTS HIGH GRADE BOULDERS...
7/5/2011MORE =E2?=9COFF-SCALE=E2?=9D RADIOACTIVE BOULDERS AND MORE
4/26/2011Starts Rock Sampling At Marietta, Nevada
9/14/2009Starts First Phase of Work on Donna (Formerly DNA) Gold Prop...
7/16/2009Options Gold Property In BC
10/30/2008Eso Uranium Presentation
2/13/2008Signs Option Agreement For Nevada Uranium And Precious Metal...
1/21/2008And Fission Energy Sign Strategic Joint Venture Agreement In...
3/3/2006Commences Drilling on its Cluff Project
2/8/2006Prepares to drill on Mikwam Gold Project, Ontario
2/1/2006Cluff map
2/1/2006Drilling to commence on ESO Uranium Cluff Project in the At...
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