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NI 43 101 Technical Report Complete for Quebec Gold Property
NI 43 101 Technical Report Complete for Quebec Gold Property
About this update from Canada One Mining Corp
[{"type":"text","content":"\nNI 43 101 Technical Report Complete for Quebec Gold Property\n\n\n Feb. 11, 2010 (TheNewswire.ca) -- Anglo Canadian Uranium Corp. (TSX-V: URA)(the \"Company\") is pleased to announce it has received an independent NI 43-101 Technical Report completed by Michel Boily PhD, P.Geo, pertaining to the mineral potential of the Poularies gold property located in the Abitibi subprovince of Quebec. The Poularies property is underlain by Archean synvolcanic tonalitic rocks of the Poularies pluton that intrude coeval metavolcanic rocks of the Hunter Mine Group. The Poularies gold property is located 15 kilometres north of a gold deposit made by Clifton Star Resources (CFO on TSX.V), and is readily accessible to all facilities and infrastructure. This deposit was instrumental in attracting the company to the Noranda area. The Clifton Star deposit was considered significant enough to attract a One hundred and Seven million dollar JV agreement with Osisko Mining Corporation (OOTC:OSKFF) (TSX:OSK) (OSK on TSX). The main Poularies showing occurs in trenches exposing gold-bearing cm-thick quartz veins containing 1 to 8% pyrite that follow a small N10°E to N40°E- oriented shear zone in altered (chloritized, pyritized and silicified) tonalite wall rocks. New gold (OOTC:NEGWF) assay results show that the pyrite-bearing quartz vein material with fragments of pyritized and chloritized wall rocks produced assay results from 0.60 to 17.6 g/t Au.President Len Harris states: \"We are extremely pleased with the results of our initial exploration at the Poularies Gold Project, and look forward to continuing our exploration efforts in Q1 2010. With the recent focus on this region by Osisko and Clifton Star, we feel we are focusing our efforts on a highly prospective region, with a goal of defining a new gold discovery.\"The recent heliborne magnetic survey conducted over the Poularies gold property allowed the identification of two linear structures associated with magnetic low readings and oriented N35°E-N70°E and N325°W-N340°W. The trenches forming the main Poularies gold showing lie near the intersection of these two important linear trends which may represent shear zones through which gold-mineralizing hydrothermal / metamorphic fluid circulated.Anglo-Canadian Uranium Corp. will pursue the exploration of the Poularies prop...