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Anglo Canadian Uranium active on several fronts
http://www.anglocanex.com/i/pdf/9-1Anglo-Canadian.pdf
Anglo Canadian Uranium Corp. Announces Completion of the First and Second holes at its 100% owned Princeton Copper / Gold / Palladium Project Located near Princeton, B.C.
Jan. 4, 2011 (TheNewswire.ca) --
Anglo Canadian Uranium Corp. (TSX-V: URA)(the "Company") is pleased to announce the completion of the first and second holes at its 100% owned Princeton Copper / Gold / Palladium Project located near Princeton, B.C. Drilling will re-commence after the winter Christmas break on or about January 15th, 2011.
The Princeton Project is situated in well mineralized Quesnel Terrane, about 4 km south of Pit 1 and Pit 2 of the Copper Mountain Project, very significant alkalic porphyry copper-gold deposits scheduled for production commencing in June 2011. The December drilling program at the Princeton property targeted the same porphyry style mineralization hosted by Triassic-Jurassic Takla Group island-arch volcanic assemblages and co-magmatic monzonite to diorite plutons. Volcanic and intrusive rocks, both are host to predominantly hypogene copper mineralization in zones of intense fracturing, brecciation and hydrothermal alteration. Sulfide mineralogy includes pyrite, chalcopyrite, chalcocite, bornite, and pyrrhotite with associated significant magnetite contents.
The first drill hole of the program, PT10-01, was drilled southerly at -45° and completed to a depth of 200 metres. It was designed to test the extent of copper mineralization beneath strongly fractured and altered monzonite outcrops containing chalcocite, chalcopyrite and malachite that returned assays of 0.3% Cu, 0.03 g/t Au and 2.9 g/t Ag. The hole PT10-01 intersected variably altered, fractured and brecciated mafic volcanic rocks intruded by subordinate, monzonite porphyry dykes of the Nicola Group. Both mafic volcanic and intrusives rocks have undergone fracture-controlled and locally pervasive hydrothermal alteration, dominated by albite-K-feldspar-epidote-chlorite-calcite-pyrite-magnetite, similar to alteration associated with mineralization encountered at the Copper Mountain Project. From 3.3 to 40.0 metres, strong fracturing and alteration has associated copper mineralization as fracture-controlled and disseminated malachite, chalcocite, chalcopyrite and occasional bornite in strongly brecciated and altered volcanic rocks. Lesser malachite-azurite, chalcocite and chalcopyrite is encountered on fractures and as disseminations at the deeper part of this hole, from 163 to 186 metres, in variably altered, narrow monzonite porphyry dyke.
The second hole, PT10-02 was collared about 50 m north of PT10-01 and drilled northerly at -45° to a depth of 205.0 metres. This drill hole as with PT10-01 targeted the interpreted mafic volcanic-intrusive contact, known to host copper and precious metal mineralization in the nearby Copper Mountain deposit. The dominant lithology intersected was altered, moderately magnetic, fine grained diorite, lesser mafic volcanics (andesite/andesite porphyry) and hybrid zones of intermixed andesite-diorite. Several late, relatively unaltered (post-mineral) dykes were encountered intruding the Nicola Group rocks. Similarly to hole PT10-1, the copper mineralization shows close spatial and temporal relationship with zones of intense fracturing, brecciation and alteration (albitization, propylitization and potassic alteration). Mineralization is typically fracture-controlled and disseminated intermittent intervals of malachite-azurite, chalcopyrite, chalcocite and minor bornite. The most significant mineralization is observed from 37 to 97 metres hosted in strongly altered and brecciated, magnetite-bearing diorite intrusive and subordinate andesite porphyry.
In both PT10-01 and PT10-02, copper mineralization characteristics including host-rock types, brittle deformation, alteration assemblages and sulfide and oxide mineralogy is believed to be similar to the Copper Mountain copper-precious metal porphyry system. All drill core has been sent to AcmeLabs in Vancouver, BC. Results are expected to be released during Q1 2011.
Field supervision of the drill program is under the direction of Dasha Duba, MSc. The company employs a QA/QC program that employs introduction of certified analytical standards and blanks as well as secure sample chain of custody of samples from drill to laboratory. Technical information contained in this news release was prepared under the supervision of Dasha Duba, MSc and has been reviewed by Warner Gruenwald, P.Geo who is a Qualified Person as defined under National Instrument 43-101.
The majority of areas to be tested lie closest to the Copper Mountain proposed super pit. Copper Mountain has recently signed debt financing agreements for $322 million to continue the development and construction of the proposed mine to produce 105 million pounds of copper per year by June 2011.
About Anglo-Canadian Uranium Corp. (TSXV:URA)
Anglo Canadian Uranium is a junior mineral exploration company with uranium, copper, and gold properties in Quebec, Colorado, British Columbia, and Yukon. For more information on the Company and its projects, please visit the website at www.anglocanex.com
ON BEHALF OF THE BOARD OF DIRECTORS:
"Len J.Harris"
Len J. Harris, President
T: 604 669 6807
Toll Free: 866 488 3838
E: len@anglocanex.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Copyright (c) 2011 Thenewswire.ca - All rights reserved.
Anglo-Canadian Closes Financing With MineralFields Group
Anglo-Canadian Uranium Corp. (“Anglo-Canadian” or the “Company”) (TSX Venture: URA) is pleased to announce a non-brokered private placement (the “Private Placement”) gross proceeds of up to $900,000 with MineralFields Group.
The Company has closed the first tranche of the Private Placement and has issued an aggregate of 2,500,000 flow-through units (“FT Units”) at a price of $0.30 per FT Unit for gross proceeds of $750,000. Each FT Unit consists of one “flow-through” common share and one-half of one common share purchase warrant, with each whole warrant entitling the holder to purchase one common share of the Company for a period of 24 months following the closing of the first tranche Private Placement at an exercise price of $0.40 per share for the first year and an exercise price of $0.45 thereafter.
Limited Market Dealer Inc. (“LMDI”) received a cash finder’s fee of $37,500 representing 5% of the gross proceeds from the first tranche of the Private Placement and received 150,000 warrants exercisable into common shares on the same terms as the warrants issued pursuant to the Private Placement. All securities issued pursuant to the first tranche of the Private Placement will be subject to a statutory four month hold period expiring May 1, 2011.
The second tranche of the Private Placement will consist of up to 600,000 non-flow- through units (“NFT Units”) at a price of $0.25 per NFT Unit to raise gross proceeds of up to $150,000. Each NFT Unit will consist of one non-flow through common share and one-half of one common share purchase warrant, with each whole warrant entitling the holder to purchase one common share of the Company for a period of 24 months following the closing of the second tranche of the Private Placement at an exercise price
of $0.35 per share for the first year and an exercise price of $0.40 thereafter. The Company anticipates closing the second tranche of the Private Placement in early January, 2011.
“We are very pleased to be entering this relationship with MineralFields Group”, said Anglo-Canadian President Len Harris. “This is an important milestone in the growth of Anglo-Canadian Uranium Corp. and we look forward to working with MineralFields Group.”
The proceeds of this financing will be used to fund the Company’s ongoing exploration programs on the Company’s properties in British Columbia, Yukon and Quebec.
About MineralFields, Pathway and First Canadian Securities ®
MineralFields Group (a division of Pathway Asset Management), based in Toronto, Vancouver, Montreal and Calgary, is a mining fund with significant assets under administration that offers its tax-advantaged super flow-through limited partnerships to investors throughout Canada as well as hard-dollar resource limited partnerships to investors throughout the world. Pathway Asset Management also specializes in the manufacturing and distribution of structured products and mutual funds (including the Pathway Multi Series Funds Inc. corporate-class mutual fund series). Information about MineralFields Group is available at www.mineralfields.com. First Canadian Securities ® (a division of Limited Market Dealer Inc.) is active in leading resource financings (both flow-through and hard dollar PIPE financings) on competitive, effective and service- friendly terms, and offers investment banking, mergers and acquisitions, and mining industry consulting, services to resource companies. MineralFields and Pathway have financed several hundred mining and oil and gas exploration companies to date through First Canadian Securities®.
About Anglo-Canadian Uranium Corp.
Anglo-Canadian Uranium Corp. is a junior mineral exploration company with uranium, copper and gold properties in Quebec, Colorado, British Columbia and Yukon. For more information on the Company and its projects, please visit the website at www.anglocanex.com.
ON BEHALF OF THE BOARD OF DIRECTORS:
“Len J. Harris”
Len J, Harris, President T: 604-669-6807 Toll Free: 866-488-3838 E: len@anglocanex.com
Anglo Canadian Completes First Diamond Drill Hole at Princeton Copper / Gold / Palladium Project
Dec. 16, 2010 (TheNewswire.ca) --
Anglo Canadian Uranium Corp. (TSX-V: URA)(the "Company") is pleased to announce the completion of the first hole at its 100% owned Princeton Copper / Gold / Palladium Project located near Princeton, B.C.
Hole One - DDH PR10-01
The first drill hole of the program, PR10-01, was drilled southerly at -45° and completed to a depth of 200 metres. It was designed to test the extent of copper mineralization beneath a monzonite outcropping containing chalcocite, chalcopyrite and malachite that returned assays of 0.3% Cu, 0.03 g/t Au and 2.9 g/t Ag.
From 3.3 to 40.0 metres the hole intersected fractured, altered and locally brecciated volcanic rocks of the Nicola Group. In this interval copper mineralization occurs as fracture-controlled malachite staining associated with disseminations of chalcocite, chalcopyrite and bornite in strongly brecciated, bleached and altered volcanic rocks.
Field supervision of the drill program is under the direction of Dasha Duba, MSc. The company employs a QA/QC program that employs introduction of certified analytical standards and blanks as well as secure sample chain of custody of samples from drill to laboratory. Technical information contained in this news release was prepared under the supervision of Dasha Duba, MSc and has been reviewed by Warner Gruenwald, P.Geo who is a Qualified Person as defined under National Instrument 43-101.
Management is strongly encouraged by the initial mineralization encountered in the drill hole, and looks forward to continued positive results from the 5000 meter drill program. A detailed map outlining the location of this drill program is available on the Company web site.
The majority of areas to be tested lie closest to the Copper Mountain proposed super pit. Copper Mountain has recently signed debt financing agreements for $322 million to continue the development and construction of the proposed mine to produce 105 million pounds of copper per year by June 2011.
About Anglo-Canadian Uranium Corp. (TSXV:URA)
Anglo Canadian Uranium is a junior mineral exploration company with uranium, copper, and gold properties in Quebec, Colorado, British Columbia, and Yukon. For more information on the Company and its projects, please visit the website at www.anglocanex.com
ON BEHALF OF THE BOARD OF DIRECTORS:
"Len J.Harris"
Len J. Harris, President
T: 604 669 6807
Toll Free: 866 488 3838
E: len@anglocanex.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Copyright (c) 2010 Thenewswire.ca - All rights reserved.
I never Received this one Thanks
Anglo-Canadian Uranium Announces 5000 Meter Drill Program Underway at Princeton Copper / Gold / Palladium Project
Dec. 14, 2010 (TheNewswire.ca) --
Anglo Canadian Uranium Corp. (TSX-V: URA)(the "Company") is pleased to announce the Company has started its Phase One drill program at the 100% owned Princeton Copper / Gold / Palladium project located near Princeton, B.C. This drill program will focus on extensive showings located on the contact between the Nicola Group rocks and Copper Mountain Stock. Management intends to drill to a minimum depth of 300 meters initially, and may increase depth depending on mineralization encountered. A detailed map outlining historical drilling and proximity to the Copper Mountain (TSX:CUM) project is available on the following link. In addition, information regarding Company soil sampling and showings is demonstrated in the linked map.
http://www.anglocanex.com/i/maps/Princeton_Property.jpg
During the week of November 8th to 12th, company personnel including a geologist and the drill contractors visited the property and identified the locations for the first five (5) drill holes. The Company applied for the drill program as announced on November 1st, 2010, and received approval for the program on November 23rd, 2010.
The majority of areas to be tested lie closest to the Copper Mountain proposed super pit. Copper Mountain has recently signed debt financing agreements for $322 million to continue the development and construction of the proposed mine to produce 105 million pounds of copper per year by June 2011.
About Anglo-Canadian Uranium (TSXV:URA) Corp.
Anglo Canadian Uranium is a junior mineral exploration company with uranium, copper, and gold properties in Quebec, Colorado, British Columbia, and Yukon. For more information on the Company and its projects, please visit the website at www.anglocanex.com
Acquisition of Additional Gold / Silver Claims at Lucky Boy Gold Project
Anglo Canadian Uranium Corp. (TSX-V: URA) (the “Company”) is pleased to announce the acquisition of additional gold and silver claims at the Company’s Lucky Boy Gold Project located 100 km south of Kelowna, south-central British Columbia. This project lies 3 km outside of the town of Beaverdell within the Beaverdell Silver Mining Camp, and lies in close proximity to the Highland Bell Mine which produced 34.6 million ounces of silver, 25.6 million pounds of lead and 30.6 million pounds of zinc. Additional producing mines in this region include the Wellington Mine that produced 1.5 million ounces of silver. These claims lie contiguous to the crown grants currently held by the Company, and all lie within a historic silver producing region. All claims are held 95% by the Company, and are subject to a 2% Net Smelter Royalty. These claims were acquired due to the increased interest in precious metals and continuing strong price for both gold and silver.
The Lucky Boy Project has seen exploration beginning in 1920’s and as recent as the late 1990’s. Most recent work includes geophysical and geochemical work at a number of prospective anomalies. The primary vein trends westerly where it was previously mined at the Inco-Ackworth mine. In 1997, significant mineralization was outlined in the main structure. Adits have been driven along several parallel mineralized veins with gold, silver, copper, lead and zinc mineralization occurring within shear-hosted quartz veins, at the contacts of sedimentary and intrusive units and within skarn style setting. There is road access to the Lucky Boy property and water, power and accommodation available.
These additional claims were acquired for $1,000 and 100,000 common shares of the company.
About Anglo-Canadian Uranium Corp.
Anglo Canadian Uranium is a junior mineral exploration company with uranium, copper, and gold properties in Quebec, Colorado, Utah, British Columbia, and Yukon. For more information on the Company and its projects, please visit the website at www.anglocanex.com
ON BEHALF OF THE BOARD OF DIRECTORS:
“Len J.Harris”
Len J. Harris, President T: 604 669 6807 Toll Free: 866 488 3838 E: len@anglocanex.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
48% today folks. On heavy volume, no less. And no news. Something must be coming.
Anglo-Canadian Information Bulletin 2
Dear Shareholders:
Another great article we wish to share on the Copper Mountain Mine which is adjacent to Anglo-Canadian's Princeton Copper/Gold/Palladium Project. The company has received approval for its 5000 meter drill program to drill test extensive showings located on the contact between the Nicola Group rocks and Copper Mountain Stock which are close to the Copper Mountain proposed super pit.
Len Harris, President/CEO
Princeton welcomes return of mining riches with open arms
By Derrick Penner, Vancouver Sun
Monday, November 29, 2010
To get a sense of Princeton's status as a revived boom town, Mayor Randy McLean advises you to take a stroll down the town's main street and the bustle makes it pretty obvious.
The 340 construction workers building Copper Mountain Mining Co.'s $458-million copper and gold mine some 20 kilo-metres out of town are keeping motels full and restaurants busy long past the traditional end of Princeton's tourism season.
And the influx of mine workers (140 of its eventual 267 operating employees have been hired to date) has set off a flurry of real estate speculation and surge of new building.
"A couple of years ago, Friday and Saturday could be pretty busy with people coming in to do their shopping or get their mail and stuff," McLean said, and the town of 2,600 would be relatively quiet for the rest of the week.
"Now, it's as if it's Friday and Saturday every day of the week. Sunday is probably the only slow day. The rest of the time, it's jammed with traffic downtown."
McLean wouldn't say that Princeton was in the doldrums, but the longtime resident had noticed that a lot of the town's vibrancy had faded away after their mine's previous incarnation -- the Similco mine -- shut down in 1996, taking some 250 jobs with it.
The decline in volunteer-ism and participation in sports leagues and recreational clubs became noticeable, he added.
And there was less wealth to share outside the usually frenetic tourist season for the local service industry.
Princeton's forestry industry kept the town relatively stable, McLean said. Its sawmill and associated industries haven't seen the same shutdowns and job losses.
But the mayor has been keenly aware that his town has been left more or less dependent on a single industry, and one that is likely to be eroded by the advance of the mountain pine beetle. Of course, Princeton has seen mining booms before.
McLean was there in 1971 when Newmont Mining Corp. reopened the Similco mine after a hiatus that lasted from 1957, and said the town now shares that same atmosphere.
"It's an equivalent kind of feeling and enthusiasm and everything else to the community," McLean said.
For Copper Mountain Mining it is also somewhat of a return to Princeton and the mine site.
Company CEO Jim O'Rourke was president of Princeton Mining Corp., the company that bought the former mine from Newmont in 1988 and operated it until low metal prices and a need for an onerous level of reinvestment forced its closure in 1996.
In an interview, O'Rourke said the exploration and development Copper Mountain has undertaken since taking over the deposit in 2006 is essentially the work that would have been required to extend the life of Similco if metal prices and financial conditions were more favourable at the time.
The company is in the middle of building new ore-milling and maintenance facilities on site and has begun the pre-production mining that will see the old mine's three existing open pits joined together into a "super pit."
"It's kind of nice to go back and start a mine that you closed," O'Rourke added.
And O'Rourke is bringing back a considerable number of Similco's former workers.
The Japanese conglomerate Mitsubishi was Princeton's buyer for the ore that it produced, and at the time Similco closed, it identified a new resource outside of Houston, B.C. that it charged O'Rourke's company with developing and operating. O'Rourke said any Princeton employees came along to work at what became the Huckleberry mine, and now some of them are returning, including Art Pratico, who will be Copper Mountain's manager of operations.
"I always knew [the Princeton] mine would start up again," Pratico said. "I didn't think it would take this long."
Pratico started at the old Similco mine in 1971 as a truck driver and worked his way up to management in the late 1980s, and moved to Houston in 1997 after Similco closed.
However, being born and raised in Princeton, Pratico said he and his wife Linda are happy to be back.
"The town is booming and everybody is excited to be back," Pratico said.
depenner@vancouversun.com
Information Bulletin
http://www.anglocanex.com/i/maps/URA_UraniumE1-ad.jpg
Thanks for posting!
5000 Meter Drill Program Application Approved for Princeton Copper / Gold / Palladium Project
Nov. 23, 2010 (TheNewswire.ca) --
Anglo Canadian Uranium Corp. (TSX-V: URA)(the "Company") is pleased to announce the Company has received approval for its 5000 meter drill program at the Princeton Copper / Gold / Palladium Project as previously announced on November 1, 2010. This drill program will commence in the fourth quarter 2010, and will focus on extensive showings located on the contact between the Nicola Group rocks and Copper Mountain Stock. During the week of November 8th to 12th, company personnel including a geologist and the drill contractors visited the property and identified the locations for the first five (5) drill holes. Management intends to drill to a minimum depth of 300 meters initially, and may increase depth depending on mineralization encountered.
The majority of areas to be tested lie closest to the Copper Mountain (TSX:CUM) proposed super pit. Copper Mountain has recently signed debt financing agreements for $322 million to continue the development and construction of the proposed mine to produce 105 million pounds of copper per year by June 2011.
About Anglo-Canadian Uranium Corp. (TSXV:URA)
Anglo Canadian Uranium is a junior mineral exploration company with uranium, copper, and gold properties in Quebec, Colorado, British Columbia, and Yukon. For more information on the Company and its projects, please visit the website at www.anglocanex.com
Anguf hit 18 cents
Thanks for Posting
28% jump on News. . . .
Acquisition of Additional Gold / Silver Claims at Lucky Boy Gold Project
Nov. 9, 2010 (Market News Publishing) --
ANGLO-CANADIAN URANIUM CORP. ("URA-V") - Acquisition of Additional Gold / Silver Claims - at Lucky Boy Gold Project
Anglo Canadian Uranium Corp. (the "Company") is pleased to announce the acquisition of additional gold and silver claims at the Company's Lucky Boy Gold Project located 100 km south of Kelowna, south-central British Columbia. This project lies 3 km outside of the town of Beaverdell within the Beaverdell Silver Mining Camp, and lies in close proximity to the Highland Bell Mine which produced 34.6 million ounces of silver, 25.6 million pounds of lead and 30.6 million pounds of zinc. Additional producing mines in this region include the Wellington Mine that produced 1.5 million ounces of silver. These claims lie contiguous to the crown grants currently held by the Company, and all lie within a historic silver producing region. All claims are held 95% by the Company, and are subject to a 2% Net Smelter Royalty. These claims were acquired due to the increased interest in precious metals and continuing strong price for both gold and silver.
The Lucky Boy Project has seen exploration beginning in 1920's and as recent as the late 1990's. Most recent work includes geophysical and geochemical work at a number of prospective anomalies. The primary vein trends westerly where it was previously mined at the Inco-Ackworth mine. In 1997, significant mineralization was outlined in the main structure. Adits have been driven along several parallel mineralized veins with gold, silver, copper, lead and zinc mineralization occurring within shear-hosted quartz veins, at the contacts of sedimentary and intrusive units and within skarn style setting. There is road access to the Lucky Boy property and water, power and accommodation available.
These additional claims were acquired for $1,000 and 100,000 common shares of the company.
About Anglo-Canadian Uranium Corp.
Anglo Canadian Uranium is a junior mineral exploration company with uranium, copper, and gold properties in Quebec, Colorado, Utah, British Columbia, and Yukon. For more information on the Company and its projects, please visit the website at www.anglocanex.com
ON BEHALF OF THE BOARD OF DIRECTORS:
"Len J.Harris"
Len J. Harris, President
T: 604 669 6807
Toll Free: 866 488 3838
E: len@anglocanex.com
Thats Right Thanks for Posting
Re: News Releases - Monday, November 01, 2010
Princeton Copper / Gold / Palladium 5000 Meter Drill Program
Application
=======================================================================
Anglo Canadian Uranium Corp. (TSX-V: URA) (the "Company") is pleased to
announce the Company has recently filed an application to undertake a
5000 meter drill program at the Princeton Copper / Gold / Palladium
project located adjacent to the Copper Mountain project in
south-central British Columbia. This drill program will focus on areas
of interest identified by the recently completed soil sampling program
and extensive copper showings throughout the property.
The Company initiated exploration efforts on the property in 2009, and
identified two drill targets at locations which will not require timber
cutting, road work and have minimal environmental impact. These
proposed drill locations are in areas of extensive copper showings and
trenching. In summer 2010, the company completed grid sampling in the
north and west of historical sampling which demonstrated a copper
anomaly extending to the northwest. It is expected that approval to
commence drilling will be received in the fourth quarter. Recent
prospecting programs conducted by company geologists and consultants
demonstrated highlights including samples of 43% Copper (Cu), 28.16 g/t
Gold (Au), and 18.19 g/t Palladium (Pd), and a 3 metre chip sample from
this showing revealed 15.76 % Copper, 12.26 g/t Gold an >10 g/t
Palladium. Sampling results were assayed by ACME Analytical
Laboratories of Vancouver, B.C.
The majority of areas to be tested lie closest to the Copper Mountain
proposed super pit. Copper Mountain has recently signed debt financing
agreements for $322 million to continue the development and
construction of the proposed mine to produce 105 million pounds of
copper per year by June 2011.
About Anglo-Canadian Uranium Corp.
Anglo Canadian Uranium is a junior mineral exploration company with
uranium, copper, and gold properties in Quebec, Colorado, Utah, British
Columbia, and Yukon. For more information on the Company and its
projects, please visit the website at www.anglocanex.com
ON BEHALF OF THE BOARD OF DIRECTORS:
"Len J.Harris"
Len J. Harris, President
T: 604 669 6807
Toll Free: 866 488 3838
E: len@anglocanex.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
New Website. Very nice.
http://www.anglocanex.com/s/StockInfo.asp
Take a look at the following companies that have properties in the White Gold area in the Yukon. See what has happened to their share prices. This is a real hot area right now. Anguf/URA has 30 square Km's of claims (four different groups) in that immediate area.
look at:
V.NTR
V.BKT
V.ATC
V.KAM
Underworld V.UW was taken over by Kin Ross at the end of June.
Positive Airborne Geophysical Surveys at Yukon Gold Properties
9/15/2010 9:05:07 AM - NWC
Sep 15, 2010 (TheNewswire.ca via COMTEX News Network) --
(via Thenewswire.ca)
Anglo Canadian Uranium Corp. (TSX-V: URA) (the "Company") is pleased to announce the Company has received results from its airborne geophysical surveys at its properties located in the Klondike District, Yukon previously announced on May 25th, 2010. Detailed maps outlining areas of interest will be available on the Company web site in the coming days. This program was initiated in order to define drill targets with a higher probability of gold bearing structures. The Company currently maintains four properties totalling approximately 30 square km's in the Yukon, all in close proximity to the Underworld / Kinross White Gold property.
Mr. Len Harris, President of Anglo-Canadian Uranium Corp. noted that, "These positive results have stimulated our company to proceed with additional exploration efforts in the region. Airborne surveys appear to confirm the presence of prospective geological units known to be associated with gold bearing systems in the region. A crew has been assembled to conduct soil sampling over these highly prospective targets. Our efforts are focussed on identifying potential targets for follow-up with trenching and drilling."
The proposed program will be managed by Kevin Brewer, P. Geo who is also the Qualified Person for this project.
About Anglo-Canadian Uranium Corp.
Anglo Canadian Uranium is a junior mineral exploration company with uranium, copper, and gold properties in Quebec, Colorado, Utah, British Columbia, and Yukon. For more information on the Company and its projects, please visit the website at www.anglocanex.com
NEWS OUT !
Re: News Releases - Wednesday, July 28, 2010
Princeton Copper Soil Sampling Program Initiated
=======================================================================
Anglo Canadian Uranium Corp. (TSX-V: URA) (the "Company") is pleased to
announce it has initiated a soil sampling program at its Princeton
Copper Project. This Project is located less than 1 km from the Copper
Mountain Project, which is expected to commence full production in June
2011. This grid sampling program will focus on areas north and west of
previous sampling which demonstrated a copper anomaly extending to the
northwest. This zone of intrusive rocks has also demonstrated increased
magnetic intensity. The majority of areas to be tested lie closest to
the Copper Mountain proposed super pit. Copper Mountain has recently
signed debt financing agreements for $322 million to continue the
development and construction of the proposed mine to produce 105
million pounds of copper per year by June 2011.
A map detailing the previous exploration work, proposed exploration
work and proximity to the Copper Mountain mine can be viewed on the
Company web site at: www.anglocanex.com.
The Company completed its Phase One exploration program in 2009 and
announced results on March 4th, 2010. Encouraging results from this
initial exploration program have assisted in defining the additional
exploration areas. In addition, the Company has identified two drill
targets at locations which will not require timber cutting, road work
and have minimal environmental impact. These proposed drill locations
are in areas of extensive copper showings and trenching.
This work program will be under the supervision of Warner Gruenwald, P.
Geo.
Copper Mountain History and New Developments
The Copper Mountain district has a lengthy history of exploration
beginning in the 1890's. Production commenced in 1923, and has been
suspended and restarted as new ore bodies were discovered in the area.
Initial production was initiated by Granby Consolidated Mining,
Smelting and Power Company with 31.5 million tonnes of ore grading
1.08% Copper extracted from underground excavations from 1925 to 1930,
and from 1937 to 1957. Additional exploration commenced in 1966 by
Newmont Mining Corporation of Canada, with production commencing in
1972 from the Ingerbelle deposit. The entire deposit was sold again in
1988 to Cassiar Mining Corporation which operated under the name
Similco Mines Ltd. The mine closed down in November 1996, due to low
strip ratio reserves, rising production costs, and additional necessary
capital expenditures. Historic production from the district to 1993 was
1.7 billion pounds of copper, 8.4 million ounces of silver and 0.62
million ounces of gold. Recent activity has been documented by Copper
Mountain Mining Corp. (CUM-TSX), with new discoveries identified, and a
25% equity interest sold to Mitsubishi Materials Corporation.
In a Feb 8, 2010 news release Copper Mountain Mining Corporation
announced that construction work on the Copper Mountain Project was
proceeding on schedule with the concentrator building foundations
approximately 92% completed. To date the Company has incurred a total
of $285 million in spent and committed expenditures out of a planned
$438 million on the project. Copper Mountain stated that "full
production is expected to be achieved by June 2011 at the rate of
35,000 TPD".
The measured and indicated resources based on a 0.15% Cu cut-off are
518.6 million tons grading 0.31% Cu containing 3.2 billion pounds of
copper. The anticipated mine life is 17 years.
About Anglo-Canadian Uranium Corp.
Anglo Canadian Uranium is a junior mineral exploration company with
uranium, copper, and gold properties in Quebec, Colorado, Utah, British
Columbia, and Yukon. For more information on the Company and its
projects, please visit the website at www.anglocanex.com
ON BEHALF OF THE BOARD OF DIRECTORS:
"Len J.Harris"
Len J. Harris, President
T: 604 669 6807
Toll Free: 866 488 3838
E: len@anglocanex.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
=======================================================================
Copyright (c) 2010 ANGLO-CANADIAN URANIUM CORP. (URA) All rights
reserved. For more information visit our website at
http://www.anglocanex.com/ or send mailto:info@anglocanex.com
Message sent on Wed Jul 28, 2010 at 9:35:06 AM Pacific Time
Re: News Releases - Wednesday, July 28, 2010
Princeton Copper Soil Sampling Program Initiated
=======================================================================
Anglo Canadian Uranium Corp. (TSX-V: URA) (the "Company") is pleased to
announce it has initiated a soil sampling program at its Princeton
Copper Project. This Project is located less than 1 km from the Copper
Mountain Project, which is expected to commence full production in June
2011. This grid sampling program will focus on areas north and west of
previous sampling which demonstrated a copper anomaly extending to the
northwest. This zone of intrusive rocks has also demonstrated increased
magnetic intensity. The majority of areas to be tested lie closest to
the Copper Mountain proposed super pit. Copper Mountain has recently
signed debt financing agreements for $322 million to continue the
development and construction of the proposed mine to produce 105
million pounds of copper per year by June 2011.
A map detailing the previous exploration work, proposed exploration
work and proximity to the Copper Mountain mine can be viewed on the
Company web site at: www.anglocanex.com.
The Company completed its Phase One exploration program in 2009 and
announced results on March 4th, 2010. Encouraging results from this
initial exploration program have assisted in defining the additional
exploration areas. In addition, the Company has identified two drill
targets at locations which will not require timber cutting, road work
and have minimal environmental impact. These proposed drill locations
are in areas of extensive copper showings and trenching.
This work program will be under the supervision of Warner Gruenwald, P.
Geo.
Copper Mountain History and New Developments
The Copper Mountain district has a lengthy history of exploration
beginning in the 1890's. Production commenced in 1923, and has been
suspended and restarted as new ore bodies were discovered in the area.
Initial production was initiated by Granby Consolidated Mining,
Smelting and Power Company with 31.5 million tonnes of ore grading
1.08% Copper extracted from underground excavations from 1925 to 1930,
and from 1937 to 1957. Additional exploration commenced in 1966 by
Newmont Mining Corporation of Canada, with production commencing in
1972 from the Ingerbelle deposit. The entire deposit was sold again in
1988 to Cassiar Mining Corporation which operated under the name
Similco Mines Ltd. The mine closed down in November 1996, due to low
strip ratio reserves, rising production costs, and additional necessary
capital expenditures. Historic production from the district to 1993 was
1.7 billion pounds of copper, 8.4 million ounces of silver and 0.62
million ounces of gold. Recent activity has been documented by Copper
Mountain Mining Corp. (CUM-TSX), with new discoveries identified, and a
25% equity interest sold to Mitsubishi Materials Corporation.
In a Feb 8, 2010 news release Copper Mountain Mining Corporation
announced that construction work on the Copper Mountain Project was
proceeding on schedule with the concentrator building foundations
approximately 92% completed. To date the Company has incurred a total
of $285 million in spent and committed expenditures out of a planned
$438 million on the project. Copper Mountain stated that "full
production is expected to be achieved by June 2011 at the rate of
35,000 TPD".
The measured and indicated resources based on a 0.15% Cu cut-off are
518.6 million tons grading 0.31% Cu containing 3.2 billion pounds of
copper. The anticipated mine life is 17 years.
About Anglo-Canadian Uranium Corp.
Anglo Canadian Uranium is a junior mineral exploration company with
uranium, copper, and gold properties in Quebec, Colorado, Utah, British
Columbia, and Yukon. For more information on the Company and its
projects, please visit the website at www.anglocanex.com
ON BEHALF OF THE BOARD OF DIRECTORS:
"Len J.Harris"
Len J. Harris, President
T: 604 669 6807
Toll Free: 866 488 3838
E: len@anglocanex.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
=======================================================================
Copyright (c) 2010 ANGLO-CANADIAN URANIUM CORP. (URA) All rights
reserved. For more information visit our website at
http://www.anglocanex.com/ or send mailto:info@anglocanex.com
Message sent on Wed Jul 28, 2010 at 9:35:06 AM Pacific Time
Re: News Releases - Wednesday, July 28, 2010
Princeton Copper Soil Sampling Program Initiated
=======================================================================
Anglo Canadian Uranium Corp. (TSX-V: URA) (the "Company") is pleased to
announce it has initiated a soil sampling program at its Princeton
Copper Project. This Project is located less than 1 km from the Copper
Mountain Project, which is expected to commence full production in June
2011. This grid sampling program will focus on areas north and west of
previous sampling which demonstrated a copper anomaly extending to the
northwest. This zone of intrusive rocks has also demonstrated increased
magnetic intensity. The majority of areas to be tested lie closest to
the Copper Mountain proposed super pit. Copper Mountain has recently
signed debt financing agreements for $322 million to continue the
development and construction of the proposed mine to produce 105
million pounds of copper per year by June 2011.
A map detailing the previous exploration work, proposed exploration
work and proximity to the Copper Mountain mine can be viewed on the
Company web site at: www.anglocanex.com.
The Company completed its Phase One exploration program in 2009 and
announced results on March 4th, 2010. Encouraging results from this
initial exploration program have assisted in defining the additional
exploration areas. In addition, the Company has identified two drill
targets at locations which will not require timber cutting, road work
and have minimal environmental impact. These proposed drill locations
are in areas of extensive copper showings and trenching.
This work program will be under the supervision of Warner Gruenwald, P.
Geo.
Copper Mountain History and New Developments
The Copper Mountain district has a lengthy history of exploration
beginning in the 1890's. Production commenced in 1923, and has been
suspended and restarted as new ore bodies were discovered in the area.
Initial production was initiated by Granby Consolidated Mining,
Smelting and Power Company with 31.5 million tonnes of ore grading
1.08% Copper extracted from underground excavations from 1925 to 1930,
and from 1937 to 1957. Additional exploration commenced in 1966 by
Newmont Mining Corporation of Canada, with production commencing in
1972 from the Ingerbelle deposit. The entire deposit was sold again in
1988 to Cassiar Mining Corporation which operated under the name
Similco Mines Ltd. The mine closed down in November 1996, due to low
strip ratio reserves, rising production costs, and additional necessary
capital expenditures. Historic production from the district to 1993 was
1.7 billion pounds of copper, 8.4 million ounces of silver and 0.62
million ounces of gold. Recent activity has been documented by Copper
Mountain Mining Corp. (CUM-TSX), with new discoveries identified, and a
25% equity interest sold to Mitsubishi Materials Corporation.
In a Feb 8, 2010 news release Copper Mountain Mining Corporation
announced that construction work on the Copper Mountain Project was
proceeding on schedule with the concentrator building foundations
approximately 92% completed. To date the Company has incurred a total
of $285 million in spent and committed expenditures out of a planned
$438 million on the project. Copper Mountain stated that "full
production is expected to be achieved by June 2011 at the rate of
35,000 TPD".
The measured and indicated resources based on a 0.15% Cu cut-off are
518.6 million tons grading 0.31% Cu containing 3.2 billion pounds of
copper. The anticipated mine life is 17 years.
About Anglo-Canadian Uranium Corp.
Anglo Canadian Uranium is a junior mineral exploration company with
uranium, copper, and gold properties in Quebec, Colorado, Utah, British
Columbia, and Yukon. For more information on the Company and its
projects, please visit the website at www.anglocanex.com
ON BEHALF OF THE BOARD OF DIRECTORS:
"Len J.Harris"
Len J. Harris, President
T: 604 669 6807
Toll Free: 866 488 3838
E: len@anglocanex.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
=======================================================================
Copyright (c) 2010 ANGLO-CANADIAN URANIUM CORP. (URA) All rights
reserved. For more information visit our website at
http://www.anglocanex.com/ or send mailto:info@anglocanex.com
Message sent on Wed Jul 28, 2010 at 9:35:06 AM Pacific Time
NEWS OUT ! =======================================================================
Re: News Releases - Tuesday, May 25, 2010
Airborne Radiometric and Magnetic Surveys at Yukon Gold Projects
=======================================================================
Anglo Canadian Uranium Corp. (TSX-V: URA / Franfurt:AU3) (the
"Company") is pleased to announce the engagement of Precision
Geosurveys Inc. to complete airborne radiometric and magnetic surveys
at the company's 100% owned gold projects in the Yukon. These surveys
will cover the Armenius, River and YK gold projects, and will be flown
at 100 meter spacing. Upon completion of the surveys, the Company will
have detailed geophysical data and maps that will be instrumental in
defining further ground prospecting and drill programs scheduled for
2010.
The Company has completed a Phase One exploration program at its Yukon
gold projects in October 2009, and continues exploration designed to
identify anomalies associated with potential White Gold deposits.
Additional exploration will be supervised by Kevin Brewer P.Geo,
M.B.A., B.Sc.(Hons), a recent appointee to the Company's board of
directors and Yukon based geologist.
The Qualified Person for this news release is Kevin Brewer, P. Geo, a
registered professional geoscientist with the Association of
Professional Engineers and Geoscientists of British Columbia and
Newfoundland and Labrador.
About Anglo-Canadian Uranium Corp.
Anglo Canadian Uranium is a junior mineral exploration company with
uranium, copper, and gold properties in Quebec, Colorado, Utah, British
Columbia, and Yukon. For more information on the Company and its
projects, please visit the website at www.anglocanex.com
ON BEHALF OF THE BOARD OF DIRECTORS:
"Len J.Harris"
Len J. Harris, President
T: 604 669 6807
Toll Free: 866 488 3838
E: len@anglocanex.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
=======================================================================
Copyright (c) 2010 ANGLO-CANADIAN URANIUM CORP. (URA) All rights
reserved. For more information visit our website at
http://www.anglocanex.com/ or send mailto:info@anglocanex.com
Message sent on Tue May 25, 2010 at 9:20:52 AM Pacific Time
Nothing like solid talent to make a business plan even better.
I think companies with real uranium potential will do will going into 2011 if not earlier. I personally see a big push into nuclear throughout the world and believe that the remaining or developing ones will have a real shot at break out. note to self: keeping eyes peeled!
News Out ! Re: News Releases - Tuesday, May 04, 2010
Board Appointments - Project Manager for Yukon Gold Assets
=======================================================================
Anglo Canadian Uranium Corp. (TSX-V: URA) (the "Company") is pleased to
announce the appointment of Mr. Kevin Brewer, P.Geo, M.B.A.,
B.Sc.(Hons) to the Company's board of directors. Mr. Brewer is a
registered professional geoscientist in British Columbia, Yukon, and
Newfoundland and Labrador with over 25 years of mining industry
experience. He has extensive expertise in project permitting,
regulatory processes, environmental assessment, exploration project
management, property identification and acquisition, feasibility
studies, and First Nations/aboriginal relations. He holds degrees of
Masters of Business and Administration and an Honours Degree in Science
from Memorial University of Newfoundland. He has also lectured various
business courses in several Canadian universities and community
colleges. Mr. Brewer has also been named Project Manager for the
Company's portfolio of gold projects in the Yukon.
The Company has also appointed Mr. James Baughman, P. Geo to the
Advisory Board. Mr. Baughman has worked as a geologist for more than 25
years in mining operations and mineral exploration projects for
precious, base metals, and uranium. Mr. Baughman has provided
technical services and project management for a number of major and
junior mining companies. Mr. Baughman was co-founder, President and
CEO of High Plains Uranium Corp. (2004-2006). Mr. Baughman is
currently CEO of U.S. Uranium Corp., a private uranium company based in
Denver, Colorado. Mr. Baughman received a Bachelor of Science degree
in Geology from the University of Wyoming. Mr. Baughman is a
registered professional geologist in the State of Wyoming.
The Company announces that Mr. Gerald McKenzie has resigned from the
Company's board of directors for personal reasons. The Company would
like to thank Mr. McKenzie for his time and efforts.
The Company is also announcing the granting of 700,000 stock options
under the Company's option plan to certain directors, officers and
consultants. These options will have an exercise price of $0.15 and
have a 5 year life span. This option grant is subject to TSX Venture
Exchange approval.
About Anglo-Canadian Uranium Corp.
Anglo Canadian Uranium is a junior mineral exploration company with
uranium, copper, and gold properties in Quebec, Colorado, Utah, British
Columbia, and Yukon. For more information on the Company and its
projects, please visit the website at www.anglocanex.com
ON BEHALF OF THE BOARD OF DIRECTORS:
"Len J.Harris"
Len J. Harris, President
T: 604 669 6807
Toll Free: 866 488 3838
E: len@anglocanex.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
=======================================================================
Copyright (c) 2010 ANGLO-CANADIAN URANIUM CORP. (URA) All rights
reserved. For more information visit our website at
http://www.anglocanex.com/ or send mailto:info@anglocanex.com
Message sent on Tue May 4, 2010 at 10:09:07 AM Pacific Time
I like them or wouldn't be in. Like I said, I hate owning Canadian stocks. LOL. They own some properties very close to other producing properties and the surveys have all been positive. It's mostly an either or situation. They strike we get rich. The don't strike and the stock goes down some until the next hopefull property comes along.
That is the ticket, if they find something. What do you make of their drilling prospects?
I hate owning a Canadian stock since it's so hard to actually watch. I use the link below to follow if for the most part. This is a lotto play for me but they have only 40M shares outstanding currently and own the rights to some interesting properties. They could very well hit big like the $2-3 dollar range if they find stuff on one of there properties this summer.
http://www.stockhouse.com/tools/?page=%2FFinancialTools%2Fsn_overview.asp%3Fsymbol%3DV.URA%26table%3DLIST
Is the Canadian version more liquid? I see very little action on this one but don't really trade Canadian.
Message from the President
=======================================================================
Dear Shareholder / Investor
Anglo-Canadian Uranium Corp. is pleased to provide the following update
on its portfolio of gold, copper and uranium projects, and would like
to thank all shareholders for their continued support of the Company.
Management recognizes the stock activity for the past two years has
been disappointing, reaching a high of $0.28 and a low of $0.025.
Although the share price is near its lows, we feel that the Company is
in a significantly better position today with the development of its
projects. Since October of 2008, the Company has acquired a number of
high quality assets located near areas of prominent exploration by
companies trading at much higher multiples than Anglo Canadian.
The following projects have been acquired since 2008, with a brief
summary provided below.
Princeton Copper / Gold ProjectThe Phase Two program announced March
2010 will include an MMI soil sampling program as recommended in the
Phase One exploration program report with the objective of identifying
targets for trenching and/or drilling programs
Yukon White Gold ProjectCurrent efforts are intended to identify
anomalies in the area and define drill targets for the 2010 field
season
Quebec Gold ProjectsCompany intends to pursue the exploration of the
Poularies property through prospecting and geological mapping of
targeted areas associated with the main linear structures. Cleaning of
the old trenches related to the Poularies showing and stripping of
nearby outcrops of moss and trees will be performed during the spring
of 2010. A resistivity/induced polarization ground survey is also
contemplated. These exploration programs will be instrumental in
defining a phase one drill program planned for 2010
Quebec Uranium ProjectsThe Company will continue efforts aimed at
defining at potential resource at these project areas. Although gold is
the current focus on the Company, the Quebec uranium projects have
siginificant potential and value as the uranium market recovers from
its recent downturn.
These accomplishments are significant in that the Company has
demonstrated its ability to continue exploration and development, with
each work program aimed creating additional shareholder value. With a
fiscally responsible management team focused on putting money into the
ground, we should begin to see increased share activity as our projects
receive the merit they deserve. Our goal is to maintain a consistent
exploration and development program on a number of projects, and
continue to announce results as they occur.
The Company has also recently completed an updated PowerPoint outlining
the company projects and development programs. There are some photos
and maps included in this document, which further explain the direction
of the company and the importance of these assets
Should any shareholder wish to receive the latest PowerPoint, please
contact our offices via telephone (604) 669 6807 or email at
info@anglocanex.com
We encourage investors and shareholders to contact the Company with any
questions or concerns they may have regarding our progress, and look
forward to increased shareholder returns as projects mature.
Again, thank you for your interest and support, and we look forward to
updating shareholders on our additional exploration at our highly
prospective projects.
Thank you
Len Harris
President & CEO
=======================================================================
Copyright (c) 2010 ANGLO-CANADIAN URANIUM CORP. (URA) All
New Out!Re: News Releases - Monday, April 26, 2010
Private Placement
=======================================================================
Anglo Canadian Uranium Corp. (TSX-V: URA) (the "Company") is pleased to
announce its intention to complete a non-brokered Cdn $100,000 private
placement at a price of $0.10 per unit. Each unit will consist of one
common share, and one full common share purchase warrant with an
exercise price of $0.20. This warrant will have an expiry date of one
year from the closing date of the placement.
A finder's fee may be paid in conjunction with this financing. This
financing is also subject to TSX Venture Exchange approval.
About Anglo-Canadian Uranium Corp.
Anglo Canadian Uranium is a junior mineral exploration company with
uranium, copper, and gold properties in Quebec, Colorado, Utah, British
Columbia, and Yukon. For more information on the Company and its
projects, please visit the website at www.anglocanex.com
ON BEHALF OF THE BOARD OF DIRECTORS:
"Len J.Harris"
Len J. Harris, President
T: 604 669 6807
Toll Free: 866 488 3838
E: len@anglocanex.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
View this News Release in PDF:
Associated File:
http://www.anglocanex.com/i/pdf/2010-04-26_NR.pdf
Finally making a little move up.
LOL. You might want to wait until I actually produce something before you thank me!!
Thanks Morley your the best!
I'll see if I can find Canadian Anglo-Canadian news feeds for you and pass them on.
Sure doesn't have much volume on the US exchange. Wonder how it looks on the Canadian exchange...
News Releases - Thursday, March 04, 2010
Princeton Copper Project Results
=======================================================================
Anglo Canadian Uranium Corp. (TSX-V: URA) (the "Company") is pleased to
announce results from the Phase One Exploration program at the
Princeton Copper Project located 1500 meters south-southeast of Copper
Mountain's Pit #3. Phase One was initiated in August of 2009, and
focused on establishing a baseline, hand trenching at six mineralized
showings and road improvements. Exploration was focused on two primary
areas; Skagit and Tacoma Two.
Skagit Zone
This region underwent significant historical trenching exploration
approximately 30 years ago. A total of three samples were collected
from this zone, results can be viewed in table below. The zone contains
abundant malachite and chalcocite on fractures, with historical
sampling results of 0.56% Copper over 63 feet. This zone has never been
drilled.
Tacoma Two Zone
This zone consists of two exploration areas, one lying 865 meters
west-southwest of the Skagit zone, the second area being 480 meters
west of Skagit. At the first area, a possible window of intrusive rocks
within an area of Nicola volcanic rocks demonstrated copper
mineralization. It is unknown if this is part of a dike or larger
intrusion, and requires additional exploration efforts. The second zone
explored at Tacoma Two is situated where a short historic shaft was
sunk on copper mineralization in fractured Nicola volcanic rocks.
Subsequent exploration will focus on existing areas of strong
mineralization, and can be accomplished by excavating areas of interest
to determine the extent and possible orientation. This zone has also
never been drill tested.
The following table outlines the results of the Company's exploration
program, with focus on Copper, Gold and Silver occurrences.
Copper Mountain History and New Developments
The Copper Mountain district has a lengthy history of exploration
beginning in the 1890's. Production commenced in 1923, and has been
suspended and restarted as new ore bodies were discovered in the area.
Initial production was initiated by Granby Consolidated Mining,
Smelting and Power Company with 31.5 million tonnes of ore grading
1.08% Copper extracted from underground excavations from 1925 to 1930,
and from 1937 to 1957. Additional exploration commenced in 1966 by
Newmont Mining Corporation of Canada, with production commencing in
1972 from the Ingerbelle deposit. The entire deposit was sold again in
1988 to Cassiar Mining Corporation which operated under the name
Similco Mines Ltd. The mine closed down in November 1996, due to low
strip ratio reserves, rising production costs, and additional necessary
capital expenditures. Historic production from the district to 1993 was
1.7 billion pounds of copper, 8.4 million ounces of silver and 0.62
million ounces of gold. Recent activity has been documented by Copper
Mountain Mining Corp. (CUM-TSX), with new discoveries identified, and a
25% equity interest sold to Mitsubishi Materials Corporation.
In a Feb 8, 2010 news release Copper Mountain Mining Corporation
announced that construction work on the Copper Mountain Project was
proceeding on schedule with the concentrator building foundations
approximately 92% completed. To date the Company has incurred a total
of $285 million in spent and committed expenditures out of a planned
$438 million on the project. Copper Mountain stated that "full
production is expected to be achieved by June 2011 at the rate of
35,000 TPD".
The measured and indicated resources based on a 0.15% Cu cut-off are
518.6 million tons grading 0.31% Cu containing 3.2 billion pounds of
copper. The anticipated mine life is 17 years.
Anglo Canadian is very encouraged by the results from this initial
program on the Princeton Copper project in such close proximity to the
Copper Mountain mine. The company plans to commence a Phase Two
exploration program when weather permits with the objective of
determining if the copper mineralization is part of a larger system.
The Phase Two program will also include an MMI soil sampling program as
recommended in the Phase One exploration program report with the
objective of identifying targets for trenching and/or drilling
programs.
Samples for the recent program were analyzed by an ISO 9001 certified
and accredited facility. The Qualified Person for this news release
is Mr. Warner Gruenwald, P.Geo who conducted the Phase I sampling and
reviewed this news release.
About Anglo-Canadian Uranium Corp.
Anglo Canadian Uranium is a junior mineral exploration company with
uranium, copper, and gold properties in Quebec, Colorado, Utah, British
Columbia, and Yukon. For more information on the Company and its
projects, please visit the website at www.anglocanex.com
ON BEHALF OF THE BOARD OF DIRECTORS:
"Len J.Harris"
Len J. Harris, President
T: 604 669 6807
Toll Free: 866 488 3838
E: len@anglocanex.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
View News Release in PDF Format:
Associated File:
http://www.anglocanex.com/i/pdf/2010-03-04_NR.pdf
27 KB in size, approx. 6 seconds to download at 56.6Kbps
=======================================================================
Copyright (c) 2010 ANGLO-CANADIAN URANIUM CORP. (URA) All rights
reserved. For more information visit our website at
http://www.anglocanex.com/ or send mailto:info@anglocanex.com
Message sent on Thu Mar 4, 2010 at 9:47:07 AM Pacific Time
Currency Converter:
http://www.bankofcanada.ca/en/rates/converter.html
"Be kinder than necessary, for everyone you meet is fighting some kind of battle."
=======================================================================Re: News Releases - Thursday, February 11, 2010NI 43-101 Technical Report Complete for Quebec Gold Property======================================================================= Anglo Canadian Uranium Corp. (TSX-V: URA) (the "Company") is pleased toannounce it has received an independent NI 43-101 Technical Reportcompleted by Michel Boily PhD, P.Geo, pertaining to the mineralpotential of the Poularies gold property located in the Abitibisubprovince of Quebec. The Poularies property is underlain by Archeansynvolcanic tonalitic rocks of the Poularies pluton that intrude coevalmetavolcanic rocks of the Hunter Mine Group. The Poularies goldproperty is located 15 kilometres north of a gold deposit made byClifton Star Resources (CFO on TSX.V), and is readily accessible to allfacilities and infrastructure. This deposit was instrumental inattracting the company to the Noranda area. The Clifton Star depositwas considered significant enough to attract a One hundred and Sevenmillion dollar JV agreement with Osisko Mining Corporation (OSK onTSX). The main Poularies showing occurs in trenches exposinggold-bearing cm-thick quartz veins containing 1 to 8% pyrite thatfollow a small N10°E to N40°E- oriented shear zone in altered(chloritized, pyritized and silicified) tonalite wall rocks. New goldassay results show that the pyrite-bearing quartz vein material withfragments of pyritized and chloritized wall rocks produced assayresults from 0.60 to 17.6 g/t Au. President Len Harris states: "We are extremely pleased with the resultsof our initial exploration at the Poularies Gold Project, and lookforward to continuing our exploration efforts in Q1 2010. With therecent focus on this region by Osisko and Clifton Star, we feel we arefocusing our efforts on a highly prospective region, with a goal ofdefining a new gold discovery." The recent heliborne magnetic survey conducted over the Poularies goldproperty allowed the identification of two linear structuresassociated with magnetic low readings and oriented N35°E-N70°E andN325°W-N340°W. The trenches forming the main Poularies gold showinglie near the intersection of these two important linear trends whichmay represent shear zones through which gold-mineralizing hydrothermal/ metamorphic fluid circulated. Anglo-Canadian Uranium Corp. will pursue the exploration of thePoularies property through prospecting and geological mapping oftargeted areas associated with the main linear structures. In Phase Iof the exploration program, cleaning of the old trenches related to thePoularies showing and stripping of nearby outcrops of moss and treeswill be performed during the spring of 2010. A resistivity/inducedpolarization ground survey is also contemplated. Contingent on theresults obtained in Phase I, Phase II of the exploration program willinvolve a drilling campaign on the principal structures. The Qualified Person for current research efforts is Michel Boily,PhD., a registered professional geoscientist with the Ordre desGéologues du Québec.
URA is listed on the Venture Exchange. ANGUF is actually on pinks/grey sheet.
"Be kinder than necessary, for everyone you meet is fighting some kind of battle."
Thanks, Karin. I was just skimmimg posts and thought I read that it was listed on the VSE.
Morley, go to this link from ibox:
Link to URA.V on TSX: http://investorshub.advfn.com/boards/board.aspx?board_id=16909
"Be kinder than necessary, for everyone you meet is fighting some kind of battle."
If you are going through the American greys, I believe that may put you at a disadvantage. Shouldn't be necessary.
Gotta hit the road.
Morley Thank You!
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Anglo-Canadian Uranium Corp (URA.V or ANGUF otc US)
Link to URA.V on TSX: http://investorshub.advfn.com/boards/board.aspx?board_id=16909
Company Information:
The Marine Building
Suite 1150
Vancouver BC V6C 2G8
http://www.anglocanex.com
Phone: 604-6696807
Fax: 604-6695715
Anglo-Canadian Uranium Corp. and its wholly owned subsidiary Anglo-Canadian Gold Corp., are exploration and development companies focused on natural resource opportunities in Canada and the USA. With corporate offices based in Vancouver B.C. Canada, the Company's executive team represents a successful track record in the resource sector and the public market. The Company's management team continues to demonstrate its strengths by involvement in quality natural resource projects.
They are a Canada-based, exploration-stage company. It is a mineral exploration company engaged in the acquisition, exploration and development of mineral properties (primarily base and precious metals). The Company is focused on the exploration and evaluation of various mineral deposits in the Provinces of British Columbia and Quebec, Canada and in Colorado, Utah and New Mexico, United States. Its wholly owned subsidiaries include Anglo-Canadian Minerals, Corp. and Anglo-Canadian Gold Corp.
Anglo-Canadian Uranium Corp. and its wholly owned subsidiary Anglo-Canadian Gold Corp., are exploration and development companies focused on natural resource opportunities in Canada and the USA. With corporate offices based in Vancouver B.C. Canada, the Company's executive team represents a successful track record in the resource sector and the public market. The Company's management team continues to demonstrate its strengths by involvement in quality natural resource projects.
They are a Canada-based, exploration-stage company. It is a mineral exploration company engaged in the acquisition, exploration and development of mineral properties (primarily base and precious metals). The Company is focused on the exploration and evaluation of various mineral deposits in the Provinces of British Columbia and Quebec, Canada and in Colorado, Utah and New Mexico, United States. Its wholly owned subsidiaries include Anglo-Canadian Minerals, Corp. and Anglo-Canadian Gold Corp.
Key Properties
Several of the Company's properties in the “Four Corners” region of the USA include past-producing mines, including Eula Belle and Joseph. Operations ceased at these mines due to unfavourable economics in the mid-1980s, when uranium spot dropped below US$10/lb.
Eula Belle: This property consists of 302 uranium and vanadium claims, which cover a 52-claim block and a 250-claim block in Colorado. In November 2007, the Company started a 20,000 foot drill program on this project. The objective of the program was to test for mineralization in the existing two 26-hole cluster drill-outs. In August 2008, the Company announced results of the program, with the highest showing being 0.258% over 3.5 feet at a depth of approximately 750 feet. The recent work confirms the presence of uranium mineralization in multiple sandstone beds ranging from 529 feet to 787 feet.
Joseph: This project consists of 106 claims. In March 2008, the Company opened a plugged air vent to assess the underground workings of its past-producing mine as well as Denison’s Van 4 mine. A potential joint venture with Denison Mines could be agreed shortly.
Anglo-Canadian has two promising properties in the Otish basin in Quebec.
Otish is similar to the Athabasca basin of Saskatchewan with respect to its age, its lithology, and its tectonic settings. The Company intends for its 2009 drill program to look for deposits similar to the L-Zone deposit (3 km to the west) and the Matoush deposit (60 km to the north).
Big Mac: This uranium property covers 2,100 hectares in the Otish basin in Quebec. In July-August 2008, 115 line kilometres of line cutting was completed on Big Mac. The Company contracted with Precision GeoSurveys Inc. to conduct an airborne radiometric and magnetic survey, which was carried out in 2008. The general level of radioactivity and the levels determined on the ground shown by the survey were lower than on the Charles property.
Charles Property: The Company owns a 2,119 hectare uranium property in the Otish basin in Quebec. Results announced in March 2009 show a high level of radioactivity and prospectors did find numerous glacially transported sub-angular boulders showing radioactivity above the ground. The magnetic data on the Charles and Big Mac properties show the presence of gabbro dykes or masses, which could host mineralization.
Other Properties
Len Harris — President & CEO
As an entrepreneur, Len Harris has founded and developed a number of successful businesses in the natural resource sector. He began his career in the late 1960s in the brokerage industry with Hemsworth Turton & Co. To enhance his mining and geological knowledge, Mr. Harris completed the University of British Columbia’s Prospectors Course.
David Hudson, C.A. — Director
David Hudson qualified as a chartered accountant with Peat Marwick Mitchell in Leeds, England in 1973 and as a Canadian chartered accountant with Touche Ross in 1979.
John Nebocat, P.Eng. — Director
John Nebocat was appointed a Director of the Company on June 20, 2008. He has 25 years’ experience in earth science surveys and mineral exploration.
Geological Advisory Team
Richard Garnett, Ph.D.
Richard Garnett has 45 years of mining experience. He previously worked as Chief Geologist for Geevor Tin Mines and Associated Mines, as Senior Mining Engineer for Patino Mining, and as Regional Manager for Rio Tinto Zinc.
N. Ralph Newson, P.Eng, P.Geo
Ralph Newson has 40 years of exploration experience. He was previously involved in uranium exploration for Brinex, a subsidiary of Rio Tinto.
Jim Turner, P.Geo
Jim Turner has extensive experience in the exploration of base metals. He has held management and geologist positions with Newmont, Noranda, and Terrasat Geometics Inc. His work has taken him to Panama, Ghana, Mali, and Brazil. Mr. Turner graduated in 1971 from the University of British Columbia.
Norbert Jerome
Norbert Jerome has 44 years’ experience, particularly in mining and developing uranium deposits in the Rocky Mountain uranium district of the U.S.A.
Roger Laine, Ph.D., P.Geo
Roger Laine has 14 years of uranium experience with Cogema, most notably as Vice President of Exploration with Amtok Inc., a Cogema subsidiary.
Important Company Highlights: A bit dated, but, has interesting info.
http://www.b-tv.com/features/watch-now.html?clip=AngloCanadian.wmv
Recent News:
http://www.anglocanex.com/s/NewsReleases.asp?DateRange=2010/01/01...2010/12/31
Share Structure:
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Canadian Nuclear Association:
http://www.cna.ca/curriculum/cna_can_nuc_hist/candu-eng.asp?bc=Candu%20Worldwide&pid=Candu%20Worldwide
http://money.cnn.com/quote/quote.html?symb=ANGUF
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Links of importance for those that trade Canadian stocks:
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TMX. http://www.tmx.com/
TMXmoney http://www.tmxmoney.com/en/index.html
CNW Group Newswire http://www.cnxmarketlink.com/en/index.cgi
Canadian Insider
http://canadianinsider.com/coReport/allTransactions.php?ticker=ura
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