Anglo Canadian Completes Two Additional Mineralized Drill Holes
in High Chargeability Target Area
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Anglo Canadian Mining Corp. (TSX-V: URA) (the "Company") is pleased to
announce the completion of holes 14 and 15 at its Princeton Copper Gold
Property located 22 km south of Princeton B.C. The property adjoins the
Copper Mountain mine along its southern boundary and lies close to the
proposed Super Pit. These recent drill holes are focused on the first
of three high chargeability areas within the property.
Drill Hole Summary
Drill Hole 11-PR-14 was collared 500 meters east of hole # 11-PR- 13.
This hole cut 505 meters of altered Nicola Volcanics with 2% to 5%
pyrite and chalcopyrite, occasional one to six meter diorite dykes and
two larger crowded feldspar porphyry dykes. Alteration ranges from
moderate propylitic to potassic alteration in the form of pervasive
secondary biotite.
Drill Hole 11-PR-15 was collared 230 meters north west of hole #
11-PR-13. This hole was mineralized from near surface to 270 meters.
The hole cut 270 meters of mixed Nicola Volcanics and sediments.
Within the package of rocks are altered ( sericite, potassium feldspar
and secondary biotite) mineralized rocks. This hole also cut three
mineralized sections of 52 meters (16 - 68 meters) 14 meters (72 - 86
meters) and 156 meters (114 - 270 meters). Mineralization consists of
pyrite, pyrrhotite, chalcopyrite, chalcocite and bornite. Some
argillaceous sections contain a high percentage of pyrite and
pyrrhotite with fine grained chalcopyrite and trace specularite. They
also contain thin sulphide veinlets containing chalcopyrite.
Both holes have been logged, split and shipped for analysis to Acme
Labs in Vancouver. Assays will be reported when received.
Drilling continues to focus on areas in close proximity to the Copper
Mountain open pit mine, which recently shipped its first shipment of
concentrate to Japan.
The company employs a quality assurance/quality control 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
reviewed David St. Clair Dunn, qualified persons as defined under
National Instrument 43-101.
It's all happened before and it will all happen again. Might as well profit from it.
