Princeton Copper Drill Program Update
October 10 2013 - 11:06AM
Access Wire
Anglo Canadian Mining
Corp. (TSX Venture: URA) (the "Company") is pleased to announce the
assay results from the first hole of the 2013 drill program. Drill
hole PR13-28 was drilled on the combination zone to a depth of 148
metres (488ft). This drill hole was located 125 metres (410 feet)
west of hole PR12-26 which contained 20 metres of 0.64% copper and
2-6 GPT silver and 25 metres west of drill hole PR12-27 which
contained 18.6 metres of 0.16% copper including 12 metres of 0.35
copper and 3.3 GPT silver.
Assay results from this hole are as
follows:
---------------------------------------------------------
| |Intersection (m)|Length (m)|% Copper|gms Silver|
|-------------------------------------------------------|
|PR13-28|88-114 |26 |0.21 |1.0 |
|-------------------------------------------------------|
|inc |88-112 |16 |0.22 |1.0 |
|-------------------------------------------------------|
|and |92-112 |20 |0.25 |1.1 |
|-------------------------------------------------------|
|and |100-112 |12 |0.35 |1.5 |
---------------------------------------------------------
With the inclusion of
hole PR13-28, the combination zone resource has been extended by 75
metres and now covers some 250 metres by 150 metres in size. A
total of 25 holes have been drilled on this zone. Another target
was identified when the company conducted a 3D IP/Mag geophysical
program. This large high chargeability target is more than 900
metres in length and approx. 500 metres in overall depth. This
target is known as the "Haul Road" zone and will be the subject of
the company's next drill program. Only one hole, PR11-15, was
drilled near the north-west corner of the Haul Road zone and is 1.7
km south-west of PR13-28. It produced 2 intersections of 6 metres
at 0.15% copper and 4 metres at 0.21% copper. Hole PR12-15 confirms
the Haul Road zone contains copper mineralization.
The Company is
awaiting results from PR13-29 which was drilled to the north at -60
degrees and collared 50 metres south of PR13-28, it was drilled to
test the depth extension of #28. All results will be analysed in
preparation for the next drill program. A NI 43-101 technical
report is expected in the last quarter of 2013.
The technical portion
of this report has been approved by James A. Turner,
P.Geo.
About Anglo Canadian Mining
Corp.
Anglo
Canadian Mining is a junior mineral exploration company with
copper, gold and uranium properties in 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.