Re: News Releases - Thursday, March 04, 2010
Princeton Copper Project Results
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Anglo Canadian Uranium Corp. (TSX-V: URA) (the "Company") is pleased to
announce results from the Phase One Exploration program at the
Princeton Copper Project located 1500 meters south-southeast of Copper
Mountain's Pit #3. Phase One was initiated in August of 2009, and
focused on establishing a baseline, hand trenching at six mineralized
showings and road improvements. Exploration was focused on two primary
areas; Skagit and Tacoma Two.

Skagit Zone

This region underwent significant historical trenching exploration
approximately 30 years ago. A total of three samples were collected
from this zone, results can be viewed in table below. The zone contains
abundant malachite and chalcocite on fractures, with historical
sampling results of 0.56% Copper over 63 feet. This zone has never been
drilled.

Tacoma Two Zone

This zone consists of two exploration areas, one lying 865 meters
west-southwest of the Skagit zone, the second area being 480 meters
west of Skagit. At the first area, a possible window of intrusive rocks
within an area of Nicola volcanic rocks demonstrated copper
mineralization. It is unknown if this is part of a dike or larger
intrusion, and requires additional exploration efforts. The second zone
explored at Tacoma Two is situated where a short historic shaft was
sunk on copper mineralization in fractured Nicola volcanic rocks.
Subsequent exploration will focus on existing areas of strong
mineralization, and can be accomplished by excavating areas of interest
to determine the extent and possible orientation. This zone has also
never been drill tested.

The following table outlines the results of the Company's exploration
program, with focus on Copper, Gold and Silver occurrences.


Copper Mountain History and New Developments

The Copper Mountain district has a lengthy history of exploration
beginning in the 1890's. Production commenced in 1923, and has been
suspended and restarted as new ore bodies were discovered in the area.
Initial production was initiated by Granby Consolidated Mining,
Smelting and Power Company with 31.5 million tonnes of ore grading
1.08% Copper extracted from underground excavations from 1925 to 1930,
and from 1937 to 1957. Additional exploration commenced in 1966 by
Newmont Mining Corporation of Canada, with production commencing in
1972 from the Ingerbelle deposit. The entire deposit was sold again in
1988 to Cassiar Mining Corporation which operated under the name
Similco Mines Ltd. The mine closed down in November 1996, due to low
strip ratio reserves, rising production costs, and additional necessary
capital expenditures. Historic production from the district to 1993 was
1.7 billion pounds of copper, 8.4 million ounces of silver and 0.62
million ounces of gold. Recent activity has been documented by Copper
Mountain Mining Corp. (CUM-TSX), with new discoveries identified, and a
25% equity interest sold to Mitsubishi Materials Corporation.

In a Feb 8, 2010 news release Copper Mountain Mining Corporation
announced that construction work on the Copper Mountain Project was
proceeding on schedule with the concentrator building foundations
approximately 92% completed. To date the Company has incurred a total
of $285 million in spent and committed expenditures out of a planned
$438 million on the project. Copper Mountain stated that "full
production is expected to be achieved by June 2011 at the rate of
35,000 TPD".

The measured and indicated resources based on a 0.15% Cu cut-off are
518.6 million tons grading 0.31% Cu containing 3.2 billion pounds of
copper. The anticipated mine life is 17 years.
Anglo Canadian is very encouraged by the results from this initial
program on the Princeton Copper project in such close proximity to the
Copper Mountain mine. The company plans to commence a Phase Two
exploration program when weather permits with the objective of
determining if the copper mineralization is part of a larger system.
The Phase Two program will also include an MMI soil sampling program as
recommended in the Phase One exploration program report with the
objective of identifying targets for trenching and/or drilling
programs.

Samples for the recent program were analyzed by an ISO 9001 certified
and accredited facility. The Qualified Person for this news release
is Mr. Warner Gruenwald, P.Geo who conducted the Phase I sampling and
reviewed this news release.

About Anglo-Canadian Uranium Corp.

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: [email protected]