Anglo Swiss Resources Inc. to Carry Out Phase Two-10,000-Meter Diamond Drill Program on the Kenville Gold Mine

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Tue Jan 15, 2008 9:03am EST

  VANCOUVER, BRITISH COLUMBIA, Jan 15 (MARKET WIRE) -- 
 Anglo Swiss Resources Inc. ("Anglo Swiss") (TSX VENTURE: ASW)(OTCBB:
ASWRF)(BERLIN: AMO) is pleased to report that the Company has finalized a
10,000-meter diamond drilling contract for the 2008 exploration program
at the Kenville Gold Mine property with Full Force Drilling Limited of
Peachland, BC.

    Full Force Drilling also carried out the October 2007, Phase One diamond
drilling program on the Kenville property, consisting of 5 drill holes,
totaling 1365 meters or 4478 feet of drilling.

    Based on the visual concentrations of both disseminated porphyry-style
copper mineralization as well as extensions to the gold and silver
bearing Eagle vein system, the Company feels strongly confident and
committed towards carrying out an extensive and thorough diamond drill
exploration program of the Kenville property.

    Decisions to carry out such an extensive drilling program have been based
on several factors:

    1. All of the 2007 drill holes contained variable concentrations of
disseminated chalcopyrite and pyrite hosted within magnetite-bearing
diorite host-rocks, typical of an alkalic copper-gold porphyry
deposit-type. Well-mineralized sections of the Eagle gold vein system
were intersected in the final two holes of the drill program. The company
is currently awaiting analytical results from Phase One drilling and
plans to release this information by the beginning of February, 2008.

    2. Coincident geochemical and IP chargeability anomalous zones extend
through approximately one kilometer of strike throughout the western
portion of the Kenville property. A small portion of the coincident
geochemical - IP target area was tested by a five-hole diamond drill
program carried out in October of 2007, substantiating the presence of
porphyry copper/gold deposit-type mineralization.

    3. The proposed drilling program is to be carried out immediately
adjacent to the historic Kenville Gold Mine, which produced 2,029
kilograms (65,236 ozs) gold and 861 kilograms silver (27,686 ozs) from
158,212 tonnes (174,398 tons) of milled ore. The statistical production
grade for gold from the Kenville Gold Mine is 0.327 Au oz/t or 11.15 g/t
Au.

    4. Diamond drill programs by Teck Exploration Ltd. in 1995 and 1996,
contained numerous copper and/or gold intercepts, but did not properly
test the potential copper-gold porphyry target due to limited access on
the property at that time. The high-grade gold-quartz Eagle vein system
was discovered in two holes of the 1995 drill program. The Eagle vein was
intercepted in TK95-05 and assayed 82.15 grams per tonne gold (2.4 ounce
per ton Au) and 34.1 grams per tonne silver (one ounce per ton Ag) across
0.26 meter or 0.85 foot.

    5. Several diamond drill holes, drilled by Kenville Gold Mines on the
west side of the Kenville property in 1945 and 1946 contained numerous
intersections of copper mineralization. The copper potential was
virtually ignored and not assayed as drilling at that time was solely
directed towards new discoveries of gold-bearing quartz veins.

    Anglo Swiss is very optimistic in regards to the ongoing exploration
success for the Kenville property. The Company has raised funds in excess
of 4 million dollars to complete a definitive evaluation of both the
copper-gold porphyry potential of the property as well as the ongoing
exploration of high-grade gold silver veins such as the Eagle gold vein
system.

    The planned 10,000-meter diamond drill program will test the Kenville
property throughout its entirety. Estimating an average hole depth of 200
meters per hole, the drill program will allow for the drilling of at
least 50 drill holes, providing a comprehensive evaluation of the
Kenville copper/gold porphyry target. The start-up date for the 2008
drilling program is expected on or before May 1, 2008.

    The technical contents of this release have been approved by Greg
Thomson, P. Geo., a Qualified Person as defined in NI 43-101.

    About Anglo Swiss

    Anglo Swiss is a mineral exploration company focused on creating
shareholder value through the acquisition and development of quality
precious/base metal and gemstone properties that have undiscovered
resource potential. The company is actively exploring and drilling its
100% owned, advanced staged Kenville Gold Property located in
southeastern British Columbia with the goal of developing a world-class
porphyry copper and gold deposit. The company is also in the process of
exploring a diamondiferous bearing kimberlite property, known as the Fry
Inlet Diamond Property, located in the Lac de Gras region of Canada's
Northwest Territories in which it has the right to earn up to a 60%
interest pursuant to an option and joint venture agreement with New
Shoshoni Ventures Ltd.

    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.


 
 Advisory: The TSX Venture Exchange has not reviewed and does
not accept responsibility for the adequacy or accuracy of this release.

Contacts:
Anglo Swiss Resources Inc.
Len Danard
President and Chief Executive Officer
(604) 683-0484
(604) 683-7497 (FAX)
Email: info@anglo-swiss.com
Website: www.anglo-swiss.com

The Howard Group Inc.
Jeff Walker
Investor Relations - Canada
Toll Free: 1-888-221-0915

The Howard Group Inc.
Grant Howard
Investor Relations - Canada
Toll Free: 1-888-221-0915
Website: www.howardgroupinc.com

Investor Awareness Inc.
Tony Schor
Investor Relations - United States
(847) 945-2222

Investor Awareness Inc.
Jim Foy
Investor Relations - United States
(847) 945-2222
Website: www.investorawareness.com

Copyright 2008, Market Wire, All rights reserved.

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