Canada One Mining Corp (COMCF)

[gsfl]

Princeton Copper Gold Drill Program Results
Anglo Canadian Mining Corp. (“Anglo Canadian” or the “Company”) (TSX Venture: URA) is pleased to announce results from its Princeton Copper Gold Project located near Princeton, B.C. The Company has received the final assay from its 2010/11 drill program, the last hole being PR- 11-22. This drill hole was completed at -70 degrees northward toward the Copper Mountain intrusive to a depth of 229 meters. Results from this hole are as follows:

 
 Hole PR-11-22  
 Depth(meters)	Intersection(meters)            % Copper  
 27-38                11	                 0.1  
 64-70	               6	                 0.5  
 194-208              14	                 0.16 
 

This hole was drilled 50 meters east of vertical drill hole PR-11-21 which contained a 38 meter section grading 0.564% Copper, and west of drill hole PR-11-16 that produced 4 meters of 0.289% Copper and 40 meters of 0.197% Copper, as previously announced on November 2, 2011 and December 7, 2011. Holes 20 to 22 are located 50 meters apart in the Combination Zone. Discussions with Copper Mountain staff have led to the decision to drill future holes at -50 degrees, generally north, towards the Copper Mountain intrusive / Nicola Volcanic contact. Most historic drilling by the Company has been vertical.
The Company has a permit to complete an additional 15,000 meters of drilling which will take place as weather permits. Additional geologic mapping and geophysics are planned for the upcoming season, with drill holes planned to follow-up 3D chargeability anomalies. In addition, the majority of Company claims covering 2200 hectares adjoin the Copper Mountain claims.
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 James Turner, P. Geo, a qualified person as defined under National Instrument 43-101.