Re: News Releases - Tuesday, November 23, 2010
5000 Meter Drill Program Application Approved for Princeton
Copper / Gold / Palladium Project
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Anglo Canadian Uranium Corp. (TSX-V: URA) (the "Company") is pleased to
announce the Company has received approval for its 5000 meter drill
program at the Princeton Copper / Gold / Palladium Project as
previously announced on November 1, 2010. This drill program will
commence in the fourth quarter 2010, and will focus on extensive
showings located on the contact between the Nicola Group rocks and
Copper Mountain Stock. During the week of November 8th to 12th, company
personnel including a geologist and the drill contractors visited the
property and identified the locations for the first five (5) drill
holes. Management intends to drill to a minimum depth of 300 meters
initially, and may increase depth depending on mineralization
encountered.
The majority of areas to be tested lie closest to the Copper Mountain
(TSX:CUM) proposed super pit. 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.
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
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
