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Anglo Canadian Mining Corp.: Princeton Copper Drill Program Update

10.10.2013  |  The Newswire
Anglo Canadian Mining Corp. (TSX Venture: URA) (the "Company") is pleased to announce the assay results from the first hole of the 2013 drill program. Drill hole PR13-28 was drilled on the combination zone to a depth of 148 metres (488ft). This drill hole was located 125 metres (410 feet) west of hole PR12-26 which contained 20 metres of 0.64% copper and 2-6 GPT silver and 25 metres west of drill hole PR12-27 which contained 18.6 metres of 0.16% copper including 12 metres of 0.35 copper and 3.3 GPT silver.

Assay results from this hole are as follows:
 ---------------------------------------------------------
|  |Intersection (m)|Length (m)|% Copper|gms Silver|
|-------------------------------------------------------|
|PR13-28|88-114 |26 |0.21 |1.0 |
|-------------------------------------------------------|
|inc |88-112 |16 |0.22 |1.0 |
|-------------------------------------------------------|
|and |92-112 |20 |0.25 |1.1 |
|-------------------------------------------------------|
|and |100-112 |12 |0.35 |1.5 |
---------------------------------------------------------

With the inclusion of hole PR13-28, the combination zone resource has been extended by 75 metres and now covers some 250 metres by 150 metres in size. A total of 25 holes have been drilled on this zone. Another target was identified when the company conducted a 3D IP/Mag geophysical program. This large high chargeability target is more than 900 metres in length and approx. 500 metres in overall depth. This target is known as the "Haul Road" zone and will be the subject of the company's next drill program. Only one hole, PR11-15, was drilled near the north-west corner of the Haul Road zone and is 1.7 km south-west of PR13-28. It produced 2 intersections of 6 metres at 0.15% copper and 4 metres at 0.21% copper. Hole PR12-15 confirms the Haul Road zone contains copper mineralization.

The Company is awaiting results from PR13-29 which was drilled to the north at -60 degrees and collared 50 metres south of PR13-28, it was drilled to test the depth extension of #28. All results will be analysed in preparation for the next drill program. A NI 43-101 technical report is expected in the last quarter of 2013.

The technical portion of this report has been approved by James A. Turner, P.Geo.

About Anglo Canadian Mining Corp.

Anglo Canadian Mining is a junior mineral exploration company with copper, gold and uranium properties in 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

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Copyright (c) 2013 TheNewswire - All rights reserved.

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