Anglo Canadian Completes First Hole at Princeton Copper Gold Project
(via Thenewswire.ca)
Anglo Canadian Mining Corp. (TSX-V: URA) (the "Company") is pleased to announce the completion of the first hole, Pr-11-13, to its planned depth at 502 metres at the Princeton Copper Gold Project. The hole was drilled in the Nicola Andesite Volcanics for more than 70% of its length. These rocks contain 5% to 10% pyrite with chalcopyrite. The other 30% of the rocks intersected were diorite intrusive dikes, which may be part of the Copper Mountain stock. About half of the intrusive contains 1% to 3% pyrite and chalcopyrite. The other half of the intrusive has undergone advanced argillic alteration and contains 5% pyrite in one to two mm cubes. The entire hole is highly mineralized and combined with the 3D IP / Mag survey indicates a significant system. The 3D IP/Mag survey indicates that the high chargeability anomaly extends beyond the boundaries of the grid to the west and south. The Company has left the casing in place so drilling can go beyond 502 metres should results warrant.
Core was logged, split, bagged and delivered to Acme Labs in early September.
The majority of areas being drilled lie closest to the Copper Mountain Mining proposed superpit. Copper Mountain Mining recently started milling and stockpiling ore, and held an official mine opening ceremony on August 18, 2011.
David St. C. Dunn, P.Geo. is the qualified individual under NI 43-101 for the contents of this press release.
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: len@anglocanex.com
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