Originaltext
Diese Übersetzung bewerten
Mit deinem Feedback können wir Google Übersetzer weiter verbessern
Home
Canada One Mining Corp
Armenius Yukon Project Exploration Activities
Published May 15 2012
5 min read

Armenius Yukon Project Exploration Activities

Armenius Yukon Project Exploration Activities

(via Thenewswire.ca)

Anglo Canadian Mining Corp. ("Anglo Canadian" or the "Company") (TSX Venture: URA) is pleased to announce that preliminary exploration efforts on the Armenius Property in the White River-Dawson District have identified the potential for precious metal (gold and silver) mineralization.

Len Harris, President and CEO noted that "The property is immediately adjacent to a placer operation in Eureka Creek that has been profitably mined for more than a decade. Although the source of the gold from that operation is yet to be traced, it is known to occur within altered sequences that are thought to extend into the property area."

The Yukon Geological Survey has indicated the gold at Eureka Creek has come from the Armenius property. Historic staking was prompted by discovery of a quartz ledge or vein of considerable length and width. A twelve meter shaft was also sunk on the vein that demonstrated gold occurrences.

Preliminary mapping on the property has identified a large quartz breccia with localized quartz carbonate veining and limonitic staining. Geophysical work has also identified three significant magnetic anomalies. Harris added "Both of these features are conducive to epithermal gold deposits and now require further investigation. Our plan is to conduct a soil and trenching program this summer that will hopefully serve to identify specific anomalous zones and drill targets." Maps outlining the Armenius property are available on the Company website under Yukon Gold Projects.

Access to the area is excellent. High quality placer roads extend to the property area and the property is also traversed by an extensive network of trails system that will be used to facilitate exploration efforts.

The Qualified Person for this report is Kevin Brewer, a registered professional geoscientist with the Association of Professional Engineers and Geoscientists of British Columbia.

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

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) 2012 Thenewswire.ca - All rights reserved.