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Phase One Drilling Assay Results for Princeton Project
Jan. 31, 2011 (TheNewswire.ca) -- Anglo Canadian Uranium Corp. (TSX-V: URA)(the "Company") i...
About this update from Canada One Mining Corp
[{"type":"text","content":"\nPhase One Drilling Assay Results for Princeton Project\n\n\n Jan. 31, 2011 (TheNewswire.ca) -- Anglo Canadian Uranium Corp. (TSX-V: URA)(the \"Company\") is pleased to announce the receipt of the first two (2) drill holes from the Princeton Copper / Gold / Palladium project located near Princeton, B.C. These first two holes are part of a focused exploration program designed to target the same porphyry style mineralization hosted by Triassic-Jurassic Takla Group island-arch volcanic assemblages and co-magmatic monzonite to diorite plutons. This drill program was designed to test two surface showings known as the Road and West (1km west) showings. Results from three (3) additional holes at the West showings will be released in Quarter 1. An additional three (3) holes on the Road Showing are being split and logged and will be sent for assay shortly.The first drill hole of the program, PT10-01, was drilled southerly at -45° and completed to a depth of 200 metres. The second hole, PT10-02 was collared about 50 m north of PT10-01 and drilled northerly at -45° to a depth of 205.0 metres. Both drill holes targeted the interpreted mafic volcanic-intrusive contact, known to host copper and precious metal mineralization in the nearby Copper Mountain deposit.Results from the Phase one drill program are as follows:\n\n------------------------------------------\n| || |Cu(%)|Ag(gm)|From(m)|To(m)|\n|-------||--------------------------------|\n|Hole#1 ||50 m |0.154|1.28 |7.5 |57.5 |\n|-------||--------------------------------|\n| ||12.5m|0.28 |2.82 |22.5 |35 |\n|-------||--------------------------------|\n| ||7.5m |0.467|4.3 |27.5 |35 |\n|-------||--------------------------------|\n| ||35m |0.20 |1.59 |22.5 |57.5 |\n|-------||--------------------------------|\n| || | | | | |\n|-------||--------------------------------|\n| || |Cu |Ag |From |To |\n|-------||--------------------------------|\n|Hole #2||10m |0.435|1.58 |49.5 |59.5 |\n|-------||--------------------------------|\n| ||30m |0.216|1.41 |37 |67 |\n|-------||--------------------------------|\n| ||45m |0.173|1.16 |37 |82 |\n|-------||--------------------------------|\n| ||22.5m|0.235|1.64 |37 |59.5 |\n------------------------------------------\nThe above results demonstrate the Road showing hosts important copper mineralization and further drilling is planned to verify its' limi...