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| | Thu Sep 10, 2009 Yukon Exploration Results
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| | Anglo Canadian Uranium Corp. (TSX-V: 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. The Company has compiled all geological/geochemical data and mining assessment reports from the Yukon Energy Mines and Resources and from private reports and also completed a preliminary reconnaissance program which resulted in the identification of a number of key targets requiring additional exploration.
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. The source of the gold from that operation is yet to be traced but is known to occur within altered schists that are thought to extend into the property area. Previous exploration efforts from the property noted the presence of a significant mineralized quartz vein and visible gold reported to occur within quartz stringers and localized shear zones. These require further investigation to determine their existence and areal extent."
Previous exploration from rock samples collected in the Eureka Creek area from a chlorite-quartz schist assayed 75.38 g/t gold and 22.2 g/t silver. The extent of this mineralized schist into the Armenius property requires detailed prospecting, possibly trenching and soil surveys to identify anomalous zones. If such zones exists these would then be further examined with geophysical surveys to identify drill targets.
Harris further noted, "Access to the area is excellent. High quality placer roads extend to the property area and the property is also traversed by a winter trail 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 Uranium Corp.
Anglo Canadian Uranium is a junior mineral exploration company with uranium, copper, and gold properties in Quebec, Colorado, Utah, New Mexico, 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. |
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