Anglo Swiss Resources Inc. Acquires New Property Adjacent to the Kenville Gold Mine Property
VANCOUVER, Aug 10, 2009 -- Anglo Swiss Resources Inc. (ASW)(US:ASWRF) (Frankfurt: AMO.F), Aug 10, 2009, 9:00 am EDT announces that the Company has acquired the surface and undersurface rights to a property known as the White Claim.
This property is approximately 21 acres in size and is contiguous to the eastern boundary of the Company's Kenville Gold Mine property located near Nelson, British Columbia. Len Danard, President & CEO stated "We are very pleased to acquire the White Claim to add to our portfolio of crown granted mineral claims and surface rights held by the Company. The White Claim has an established history of vein systems that may extend the potential of the Kenville Gold Mine property's known vein structure."
About Anglo Swiss Resources Inc.
Anglo Swiss is a mineral exploration company focused on creating shareholder value through the development of its advanced staged Kenville Gold Mine property located in southeastern British Columbia.
The Kenville Gold Mine has 6 levels with the main production levels known as the 257 Level and the 275 Level. The 257 Level has a NI 43-101 report under review with a resource of 590,518 tonnes and 250,845 ounces of gold. Work is underway on the 275 Level to expand the known gold resource within the Kenville Gold Mine footprint. Underground and surface drill programs are in the permitting stage for the months ahead to expand the gold resource to depth within the Mine and to further explore the Eagle Vein system, the Jackpot Mine claim and the White claim. A 375 meter drift is in the permitting stage to provide access from the 257 level to the Eagle Vein structure that runs parallel to Level 257.
The newly expanded 200 tonne per day pilot plant is expected to be operational prior to the end of the year. The Kenville Gold Mine is one of the oldest and most prolific producers in the district, producing intermittently from 1890 to 1954, with the bulk of production from 1899 to 1912.
For further information, investors are asked to visit the Anglo Swiss Resources Investor Relations Hub at www.agoracom.com/IR/AngloSwiss or email to ASW@agoracom.com
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Company contacts:
Len Danard, 604-683-0484
President and Chief Executive Officer
Fax: 604-683-7497
info@anglo-swiss.com
OR
Investor Relations:
Canada
The Howard Group Inc.
Jeff Walker/Grant Howard, Toll Free: 1-888-221-0915
www.howardgroupinc.com
