Canada One Mining Corp (COMCF)

[gsfl]

Anglo Canadian Mining Corp. ("Anglo Canadian" or the "Company") (TSX
Venture: URA) is pleased to announce drill results from the Princeton
Copper Gold Project located near Princeton, BC in close proximity to
the Copper Mountain Mine. Drill assays have been received for 3 of 4
holes. All results have been processed by Acme Labs in Vancouver, BC.
Results from these first 3 holes are as follows:

PR-11-21 was drilled -50 degrees northward toward the intrusive for a
total length of 206.4 meters and contained the following:


Holes PR-11-19 and PR-11-20 were anomalous to highly anomalous and
below 0.1% copper.

Holes PR-11-19 was drilled in the Haul Road zone, and holes PR-11-20,
21 and 22 were drilled in the Combination zone. Hole 19 was drilled 1.5
km's from hole 20. The grid area hosting the 3D-IP/Mag survey covers 1
km by 2.5 km's and is the focal area of drilling. The Company claims
cover approximately 2200 hectares most of which adjoin the Copper
Mountain claims. The company has also received approval for an
additional 15,000 meter drill program at Princeton which is expected to
commence early in 2012, as previously announced on November 30, 2011.

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 by David St. Clair Dunn, P. Geo, a qualified person as defined
under National Instrument 43-101.

About Anglo Canadian Mining Corp.

Anglo Canadian Mining is a junior mineral exploration company with
copper, gold and uranium 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: [e-mail]