Canada One Mining Corp. announced it has received results from SGS Labs for its Abitibi East Project ("Abitibi East" or the "Property") near Timmins Ontario. MMI Survey Results: A magnetic survey was conducted earlier this year and was immediately followed-up with prospecting and MMI soil sampling in areas of interest.

The goal of the MMI survey was to determine if the MMI response provided any insight into the magnetic highs in these locations. The reconnaissance MMI surveys appear to be a viable tool for identifying geochemically anomalous areas. 109 soil samples were taken, conducted at 100m line spacing with 50m sample spacing.

As a result, three areas anomalous in base metals ions were located: Target-A is a volcanogenic massive sulphide (VMS) prospect showing anomalous copper and silver ions, which is favorable for a VMS Target; Target-B shows anomalous nickel ions which may be due to hydrothermal reactivation and subsequent concentration of nickel from the ultramafic host rocks; Target-C also shows anomalous nickel ions which may be due to hydrothermal reactivation and subsequent concentration of nickel from the ultramafic host rocks. These three areas will be the focus of follow-up MMI survey work and electromagnetic surveys to define mineralization. MMI geochemistry is a proven advanced geochemical exploration technique known to find mineral deposits.

It is especially well suited for buried mineral deposits. MMI measures metal ions that travel upward from mineralization to unconsolidated surface materials such soil, till, sand and so on. These mobile metal ions are released from mineralized material and travel upward toward the surface.

Using careful soil sampling strategies, sophisticated chemical ligands and ultra-sensitive instrumentation, enabling the measurement of these ions. After interpretation, MMI data can indicate anomalous areas. The intent of the survey was to determine if MMI could be used effectively over the thick glacial deposits in this area.

The surveys appear to have been successful in that the assays show anomalous nickel in an area of past nickel exploration and anomalous copper in an area of past copper mineralization. The MMI surveys will need to be expanded to evaluate the size of the anomalous areas. Abitibi East: The Property is located on the western end of the world-class Abitibi greenstone belt, central to the Timmins Mining Camp (119 Moz Au and 337 Moz Ag historical production), the Kidd Creek Volcanic Massive Sulphide (VMS) deposit (2.5 Mt Zn, Cu, Ag Proven and Probable), and the Alexo-Dundonald nickel deposit (1,254 kt Ni, Cu, Co Indicated).