VANCOUVER, British Columbia, May 15, 2007 (PRIME NEWSWIRE) -- Anglo-Canadian Uranium Corp. (TSX-V:URA) (the "Company") is pleased to announce details of its geophysics program for the Otish Basin Uranium Project. The Company has two project areas located in the Otish Basin: the Big Mac and Charles. These properties were acquired in late 2005 based on Uranium bearing sediments in the Basin and the proximity to the Cogema / Soquium L-zone deposit (5.9 M lbs U3O8). The Otish Basin is located 300 km northeast of Chibougamou in central Quebec. The two claim groups are about the same size at 2300 ha and are separated by 15 km. A gabbro dyke alteration halo with Uranium bearing sediments and or un-conformal deposits is the model.
Big Mac Uranium Project, Otish Basin, Quebec
The geophysics grid total is 132 line kilometers.
A Gabbro dyke swarm occurs on the Cogema property and Airborne Magnetics, done in 1984, suggests that these dykes continue onto Anglo's Big Mac property.
1. Line-cutting has been completed on the Big Mac project
2. Magnetic survey has been completed on the project, results are
expected in the next two weeks
3. The EM survey will be complete prior to the end of May
4. A Radiometric survey is scheduled for June
5. Geological and geochemical surveys when weather permits, possibly
in late May
6. Diamond drilling any anomalies found
Charles Uranium Project, Otish Basin, Quebec
The Geophysics grid total is 214 line kilometers.
Very little is known about the Charles property, but Airborne Magnetics conducted by the GSC in the 1960's suggest gabbro dykes may occur.
1. Line cutting will commence in June, followed by ground Magnetics,
Electro-magnetics and Radiometrics.
These historic results reported from the Cogema / Soquium L-zone deposit do not meet the requirements of the CIM standards and therefore are not National Instrument 43-101 compliant.
The technical portion of this release has been approved by James A.Turner. P.Geo., a qualified person under NI 43-101.
The Company is also pleased to announce it has completed a radio interview with TheNewswire.ca available on the company web site at: www.anglocanex.com. This interview discusses the company projects and development program for the Otish Basin uranium projects.
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 uranium projects located in Colorado, Utah, New Mexico and Quebec, and gold and base metals projects in British Columbia. The Company's focus is to acquire uranium and gold deposits in strategic locations through acquisition and option arrangements, and further develop these projects with experienced management teams.
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.