Canada One Mining Corp (COMCF)

[locksflooring]

Re: News Releases - Wednesday, July 28, 2010
Princeton Copper Soil Sampling Program Initiated
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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: [e-mail]

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.

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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:[e-mail]
Message sent on Wed Jul 28, 2010 at 9:35:06 AM Pacific Time