Anglo Swiss Resources Commences Phase 1 Drill Program
VANCOUVER, British Columbia, Jun 25, 2010 (BUSINESS WIRE) --
Anglo Swiss Resources Inc. reports that it has received the first of five drill permits and commenced its Phase 1 drilling on its 160 square kilometer Nelson Mining Camp located in south-eastern British Columbia. This first permit consists of 1,050 metres of diamond drilling and down-hole pulse EM on the Gold Hill and Silver Lynx areas. In total approximately 5,000 metres of diamond drilling and 24 line kilometers of IP surveys on the Nelson Camp have been submitted amongst the five mineral exploration permit applications.
The first Phase 1 drill holes will be located to intersect the Gold Hill airborne EM anomaly, which consists of a northwest trending conductor with a strike length of approximately 4.2 km. This conductor is in close proximity with several gold-silver prospects occurring along its strike length, including the past producing Gold Hill mine near the center and the May & Jennie prospect at the north end.
The remaining Phase 1 drill holes will be targeted within the southern portion of the Silver Lynx conductive area, which consists of a 6 kms NNW trending zone comprised of up to 13 conductive bodies inferred from the results of Anglo's Aerotem III and VTEM airborne surveys completed earlier this year. The conductive bodies are broadly coincident with three massive to semi-massive sulfide showings that have returned significant values in zinc, lead, copper and silver. The three showings are located on the south side of Rover Creek, adjacent to the southern end of the Silver Lynx conductive area. The best result is a grab sample from a waste dump below the main showing that returned 24.59% Zn, 22.35% Pb, 0.21% Cu and 556.4 g/t Ag. All previous drilling has been focused on the south side of Rover Creek in the immediate area of the showings but away from the recently delineated conductive bodies.
Presently, and concurrent with the initial diamond drilling program a comprehensive program of prospecting, surface geochemistry and geological mapping is on-going to further refine drill targets in this prospective district.
