Geophysical Survey produces Positive Results at Princeton Co pper / Gold Project
Anglo Canadian Uranium Corp. (TSX-V: URA) (the “Company”) is pleased to announce the completion of a 25 line kilometer 3D IP & ground magnetic survey at the Princeton Copper / Gold Project located near Princeton, B.C. Both surveys were conducted with 100 meter spacing and stations at 12.5 meter intervals. This area lies contiguous with the Copper Mountain Mining claims, and is located 2.5 km from the proposed superpit within the Copper Mountain project area. The data is being evaluated and an interpretation report is expected prior to the end of the second quarter. The purpose of these surveys is to identify potential drill targets within the survey area. Other areas of the Company’s large land position will be the subject of geophysical surveys in the future. The surveys were conducted by S.J. Geophysics
th Ltd. of Delta, B.C., and were previously announced on April 11 , 2011.
A limited E.M. survey was conducted over the area drilled last fall and this spring. This will also be evaluated and new drill targets established.
Preliminary interpretation of the IP chargeability and resistivity inversions show chargeable anomalies on three areas of the grid. The largest and strongest is on the western portion of the grid and has dimensions of approximately 1.2 km x 500 m and is chargeable from surface to about 250-300m depth. There are coincident resistivity and magnetic anomalies in this area. Volcanics and sediments containing disseminated pyrite, pyrrhotite and chalcopyrite are mapped here. The newly constructed road showing described below occurs here.
A second anomaly occurs coincident with the drill section in which hole No 6 occurs. The chargeability anomaly extends to the north towards Copper Mountain`s Reifel Zone. In 3D, the anomaly trends under an intrusive sill that is mapped there.
A third chargeability anomaly occurs on the south-eastern part of the grid. These anomalies represent areas of disseminated sulphide mineralization and might be copper ore bodies
similar to those at the Copper Mtn. mine. The company plans to drill test these anomalies.
The results of the EM survey are not available at this time.
Recent road improvement work conducted by Copper Mountain Mining on roads transgressing the Company property has exposed some 100 meters of mineralization on the company's claims. Copper mineralization is present and samples are being sent for analysis. Copper Mountain Mining intends to use this road to haul copper concentrate to shipping facilities.
David S. Dunn, P. Geo, is the qualified individual under NI 43-101 for the contents of this press release.
About Anglo -Canadian Uranium 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
The Company has recently announced a name change to Anglo Canadian Mining Corp. pending TSX Venture Exchange approval.
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
It's all happened before and it will all happen again. Might as well profit from it.
