Anglo Canadian Completes First Hole at Princeton Copper Gold Project

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[{"type":"text","content":"\nAnglo Canadian Completes First Hole at Princeton Copper Gold Project\n\n(via Thenewswire.ca)\n\n \nAnglo 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.\n\n\n \nCore was logged, split, bagged and delivered to Acme Labs in early September.\n\n\n \nThe 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.\n\n\n \nDavid St. C. Dunn, P.Geo. is the qualified individual under NI 43-101 for the contents of this press release.\n\n\n \nAbout Anglo Canadian Mining Corp.\n\n\n \nAnglo 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\n\n\n \nON BEHALF OF THE BOARD OF DIRECTORS\n\n\n \n\"Len J.Harris\"\n\n\n \nLen J. Harris, President\n\n\n \nT: 604 669 6807 Toll Free: 866 488 3838\n\n\n \nE: [email protected]\n\n\n \nNeither 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.\n\n\n Copyright (c) 2011 Thenewswire.ca - All rights reserved.\n","length":2427,"tagName":"div"}]

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