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 property through prospecting and geological mapping of targeted areas associated with the main linear structures. In Phase I of the exploration program, cleaning of the old trenches related to the Poularies showing and stripping of nearby outcrops of moss and trees will be performed during the spring of 2010. A resistivity/induced polarization ground survey is also contemplated. Contingent on the results obtained in Phase I, Phase II of the exploration program will involve a drilling campaign on the principal structures.
The Qualified Person for current research efforts is Michel Boily, PhD., a registered professional geoscientist with the Ordre des Géologues du Québec.
About Anglo-Canadian Uranium Corp. (TSXV:URA)
Anglo Canadian Uranium is a junior mineral exploration company with uranium, copper, and gold properties in Quebec, Colorado, Utah, 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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