Canada One Mining Corp (COMCF)

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Anglo Canadian Uranium Corp. Announces Princeton Phase One Drill Program Complete
Mar. 7, 2011 (TheNewswire.ca) --

Anglo Canadian Uranium Corp. (TSX-V: URA)(the "Company") is pleased to announce the completion of holes 6 through 12 at the Princeton Copper / Gold / Palladium project located near Princeton, B.C. These seven (7) holes are designed to test the mineralization hosted by Triassic-Jurassic Nicola Group island-arch volcanic assemblages and co-magmatic monzonite to diorite plutons. All holes were located in the Company's Road project area, located 2 km south from the Copper Mountain Rifle and Oriole zones and in close proximity to the Copper Mountain mill.

Each hole was drilled to a depth of 200 meters, with holes 6 through 8 being logged, split and sent for assay. Holes 9 through 12 are in the process of being logged and split, and will be sent for assay upon completion. The Company intends to re-commence the drill program upon receipt of assays from all holes.

The majority of areas to be tested lie closest to the Copper Mountain proposed superpit. 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