Anglo Canadian Mining Corp. (TSX Venture: URA) (the “Company”) is pleased to announce the assay results from the second, third and fourth holes of the 2013 drill program. Drill hole PR13-29 was drilled on the combination zone to a depth of 193.85 metres (636ft) and intersected gm Ag.(see release September 24, 2013). Hole 29 encountered a fault zone and did not reach the intended target.10 metres of 0.12 % Cu and 2 shorter intervals. This drill hole was located 50 metres (164 feet) south of Hole PR13-28 which contained 8.0 metres of 0.14% copper a 2.1 gms Ag and 26 metres of 0.23% copper and 1.0 gm Ag., and, included in this intersection was,12 metres of 0.35%Cu and 1.5
Drill Hole PR13-30 was drilled to a depth of 170.3 metres (558.7ft) and intersected three zones of 6, 10 and 12 metres with values of up to 6 m of 0.56 %Cu and 3.1 gms Ag. This drill hole is 50 metres west of Hole PR-28 which contained 26 metres (85.3ft) of 0.21%Cu and 1.0 gms Ag.
Drill Hole PR13-31 was drilled to a depth of 161.84 metres (531ft) and intersected two zones the of 4 metres of 0.46 %Cu and 1.7 gms Ag and 8 metres of 0.33% Cu and 2 gms Ag. This drill hole is 25 metres east of Hole PR-30. A short intersection in this hole ran 20 cm of 6.4% Cu and 16.6 gms Ag.
All four holes were drilled to the north at -60 degrees and they were drilled to test the results found in holes 26-27 and 20 and to further define the mineralized body.
Assay results from this hole are as follows:
|
Intersection (m) |
Length (m) |
% Copper |
gms Silver |
|
|
PR13-29 |
||||
|
69-70 |
1 |
0.4 |
4.0 |
|
|
and |
151-161 |
10 |
0.12 |
- |
|
inc. |
157-161 |
4 |
0.15 |
1.0 |
|
PR13-30 |
||||
|
46.8-52.8 |
6 |
0.56 |
3.1 |
|
|
74-84 |
10 |
0.31 |
2.1 |
|
|
102.5-114.5 |
12 |
0.22 |
1.6 |
|
|
PR13-31 |
||||
|
96-100* |
4 |
0.46 |
1.7 |
|
|
inc. |
98-98.2 |
0.2 |
6.4 |
16.6 |
|
and |
152-160 |
8 |
0.33 |
2.0 |
*Uncut and Weighted
With the inclusion of Holes PR13-29-31 the Combination Zone resource has been extended by 125 metres and now covers some 300 metres by 150 metres in size. A total of 28 holes have been drilled on this zone on the company's property approximately 22 km south of Princeton, B.C. and 4.0 km. south of Copper Mtn. Mines Ltd. 36,000 tonne per day mill and mining operation. The present cut-off grade at Copper Mtn.'s operation is 0.1% copper and the average grade is 0.31%.
Three other were targets was identified when the company conducted a 3D IP/Mag geophysical program. One target is a large high chargeability target 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 1.6 km south-west of PR13-30 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.
All three holes were drilled to the north at -60 degrees and they were drilled to test the results found in holes 26-27 and 20 and to further define the mineralized body.
All results will be interpreted in preparation for the next drill program. A NI 43-101 technical report is expected in the last quarter of 2013.
James A. Turner, P.Geo., a Qualified Person, has read and approved this release.
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:
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