A Canadian Mineral Exploration Company
Exploring a large porphyry copper- gold property (British Columbia) and diamond (North West Territories) property in close proximity to successful mining operations
Anglo Swiss Resources Profile

Exploring a large porphyry copper- gold property (British Columbia) and diamond (North West Territories) property in close proximity to successful mining operations.

Anglo Swiss Resources holds gold (British Columbia) and diamond (North West Territories) properties in close proximity to successful mining operations.

HIGHLIGHTS

• Phase 2 10,000 metres (32,825 feet) diamond drilling program has commenced at its wholly owned Kenville Gold Property

• Diamond claims in NWT are in close proximity to Canada’s first two producing diamond mines and in March 2008 ASW confirmed the LI-201 kimberlite is diamond bearing

• Commodity prices are at an all time high and Kenville has past production of gold, copper, silver and molybdenum which now have substantial value compared to 10 years ago when last in production.

COMMENTARY

Kenville Gold Property

The flagship project in BC is the Kenville Gold Property, acquired in 1992. The property consists of 15 Crown granted (446.99 acres) and 10 staked mineral claims (617.8 acres) and 91.78 acres of deeded fee simple surface property. The property has a long history having produced 2,024 kilograms (2 metric tonnes) of gold and 861 kilograms of silver from 183,138 tonnes of ore from 1890 to 1954. Figures released in 1990 ranked the property as the 26th largest gold producer in British Columbia history.

2008 Exploration program

The Phase 2 diamond drilling program has commenced at its wholly owned Kenville Gold Property, located near the city of Nelson, in south-eastern British Columbia.

This program is contracted for 10,000 metres (32,825 feet) to Full Force Drilling Ltd. and will test three separate and distinct mineralized zones present on the Kenville Mine property.

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. Government records indicate that past production from 181,295 tonnes mined totaled:

· 2,029 kilograms of gold or 4,473 pounds;

· 861 kilograms of silver or 1,848 pounds;

· 23.5 tonnes of lead or 51,808 pounds;

· 15 tonnes of zinc or 33,069 pounds;

· 1.6 tonnes of copper or 3,527 pounds;

· 37 kilograms of cadmium or 81.5 pounds.


Fry Inlet Diamond Property

Anglo Swiss Resources Inc. acquired the Fry Inlet Diamond property consisting of 29 contiguous mineral claims, which is located immediately to the west of Fry Inlet Lake and directly 25 km east of the Ranch Lake kimberlite and 25 km north of the BHP Billiton Diamonds Inc. Ekati Mine property.

Anglo Swiss Resources has been approved for a five-year drill permit on the Fry Inlet diamond property and has selected a cluster of seven high-priority targets inclusive of the significantly diamondiferous LI 201 kimberlite for drilling in 2007. The LI 201 kimberlite produced 14 macrodiamonds and 46 microdiamonds from a previous drill program in the 1990s from 281 kilograms of kimberlite.


Last changed at 04-Feb-2009 04:59PM by EuroIR
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