Re: News Releases - Thursday, December 16, 2010
Anglo Canadian Completes First Diamond Drill Hole at Princeton
Copper / Gold / Palladium Project
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Anglo Canadian Uranium Corp. (TSX-V: URA) (the "Company") is pleased to
announce the completion of the first hole at its 100% owned Princeton
Copper / Gold / Palladium Project located near Princeton, B.C.

Hole One -- DDH PR10-01

The first drill hole of the program, PR10-01, was drilled southerly at
-45° and completed to a depth of 200 metres. It was designed to test
the extent of copper mineralization beneath a monzonite outcropping
containing chalcocite, chalcopyrite and malachite that returned assays
of 0.3% Cu, 0.03 g/t Au and 2.9 g/t Ag.

>From 3.3 to 40.0 metres the hole intersected fractured, altered and
locally brecciated volcanic rocks of the Nicola Group. In this interval
copper mineralization occurs as fracture-controlled malachite staining
associated with disseminations of chalcocite, chalcopyrite and bornite
in strongly brecciated, bleached and altered volcanic rocks.

Field supervision of the drill program is under the direction of Dasha
Duba, MSc. The company employs a QA/QC 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 prepared under
the supervision of Dasha Duba, MSc and has been reviewed by Warner
Gruenwald, P.Geo who is a Qualified Person as defined under National
Instrument 43-101.

Management is strongly encouraged by the initial mineralization
encountered in the drill hole, and looks forward to continued positive
results from the 5000 meter drill program. A detailed map outlining the
location of this drill program is available on the Company web site.

The majority of areas to be tested lie closest to the Copper Mountain
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