Anglo Canadian Uranium Corp. (TSX VENTURE:URA) (the "Company") is pleased to
announce it has resumed its drill program on the Eula Belle Uranium Project
located in Montrose County, Southwest Colorado. Drilling was suspended due to
weather conditions, which have improved and allowed for the resumption of the
drill program. Five (5) holes have been completed with an additional twenty (20)
holes to be completed in the first quarter of 2008. This drill program is
testing two (2) 25 hole cluster drill outs within the Eula Belle Uranium Project
area, bordering the Company's 100% owned King Uranium Project, within the Uravan
Mineral Belt of Colorado.


Results from the initial five (5) holes were announced on January 16, 2008, with
a map outlining the drill program available on the company web site. The Eula
Belle Uranium Project contains the Eula Belle Uranium / Vanadium Mine operated
by Union Carbide, produced 1,485,550 pounds of U3O8 and 5,234,387 pounds of
vanadium (V205) from 1961 to 1974 and the King Uranium Project, covering two
hundred and fifty claims. Both projects are located near a Department of Energy
mineral reserve and the King Solomon Uranium / Vanadium mine that produced
3,172,420 pounds of U3O8 and 16,223,095 pounds of vanadium (V205) from 1974 to
1983.


With regard to the historical information referred to in this news release and
details regarding the location of these historical resources, the Company
considers them to be relevant but not to NI 43-101 standards.


About Anglo Canadian Uranium Corp.

Anglo-Canadian Uranium 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, President