Anconia Reports Strong Base Metal Results From Its Marce Property in Nunavut Territory

TORONTO, ONTARIO–(Marketwire – Oct. 20, 2011) – Anconia Resources Corp. (TSX VENTURE:ARA) (“Anconia” or the “Company“) is pleased to provide the following assay results recently received from a reconnaissance program at its Marce base metal project, located in Nunavut Territory, Canada approximately 190 kilometres south of the town of Baker Lake. Anconia also announces the recent acquisition of 6 new claims, which essentially connect the Marce Project to the Company’s Zac Project, located 11 kilometres to the northeast.