Ancient Meteor Impact May Hold Key To Uranium Exploration Success At Cluff
ESO Uranium to Angle Drill near a Promising 1970s Hole
I look at about 100 different projects a year, most of which go into the round filing cabinet on my floor, said Tony Harvey, the senior technical advisor to ESO Uranium (TSX: ESO), and formerly a senior manager of Wright Engineers-Fluor Daniels, which was involved with the design and construction of 14 mines worldwide. Harvey quickly ticked off what is necessary to attract his eye, I need to see history. I need to see signposts before I give it any credence. So why is he advising little-known ESO Uranium, after a long, prolific career? Harvey helped found Amex-listed Azco Mining, and more recently was a director of Mexican mining firm, Cobre del Mayo, which sold two of its last three mines, which he helped discover, to Phelps Dodge (NYSE: PD).
I believe this one has a huge amount of history, Harvey argued. Not only have you got the Cluff Lake mine, which already confirms the presence of uranium, but you have got the Shea Creek drilling intercepts which validate it. We have the conductors streaming onto our property. We have the...