VANCOUVER, British Columbia, May 3, 2006 (PRIMEZONE) -- Anglo-Canadian Uranium Corp. ("The Company") (TSX-V:URA), with its 100% owned subsidiary Anglo-Canadian Gold Corp., is pleased to announce that its phase one exploration program has been initiated on its Skoonka Creek gold project in the Lytton / Spences Bridges area of B.C. This phase one program will consist of prospecting, sampling and hand trenching in highly prospective areas of the project, with follow-up geochemistry and geophysics upon completion. The initial work crew on the project will be joined by additional personnel in the next two weeks to assist in this phase one program. Management anticipates that additional exploration will lead to a late summer / early fall drill program on defined targets. Additional details concerning results will be announced as they occur.
Skoonka Creek is the Company's highest potential gold target, with significant exploration work underway on adjoining claims by companies such as Strongbow Exploration (TSX-V:SBW) and Almaden Minerals (TSX:AMM). Highlights of this work program include 20.2 g/t gold over 12.8 meters announced on January 23, 2006. This property is located in the Spences Bridges gold belt, and is approximately 200 km east of Vancouver. These claims are located 10 km from the TransCanada highway, and are easily accessible by road.
The Company is pleased to announce that it has received TSX Venture Exchange approval for the recently announced option agreement covering 4 uranium/vanadium mineral claims (Spider Rock Property) situated in the State of Colorado.
About Anglo-Canadian Uranium Corp.
Anglo-Canadian is an aggressive uranium and gold exploration company with several properties located in Canada and the United States. The Company's current projects include three uranium projects located in Utah, Quebec and Colorado, and three gold projects in British Columbia. The Company's mission is to acquire uranium and gold deposits in strategic locations through acquisition and option arrangements, and further develop these projects with an experienced management team.
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"
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.