Anglo Swiss Resources Assays With 10 of 32 Samples above 100 g/t Gold over 178 Meter Strike
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VANCOUVER, British Columbia--(Business Wire)--
Anglo Swiss Resources Inc. (TSX Venture: ASW) (OTCBB:ASWRF) (FRANKFURT: AMO.F),
June 30, 2009, 8:00 am EST announces assay results from its continuing NI 43-101
compliant underground sampling program on the lower Main Haulage 257 level at
the Company`s historic Kenville Gold Mine Property. The results of the program
include 10 of the 32 gold assays above 100 gm per tonne (2.92 oz/ton) with the
highest value at 319.3 gm/tonne (9.31 oz/ton). The results given below complete
the assay program along the 178-metre North Yule Vein drift.
The present exploration program is to complete an extensive underground sampling
program for the 257 Level so that a geological model can be developed which will
determine a Mineral Resource for the 257 level, one of seven known levels making
up the Kenville Gold Mine footprint. A NI 43-101 compliant Geological Report is
expected from the Company`s consultant, Munroe Geological Services, in early
July 2009.
The underground samples (of an approximate weight of two kilograms) were
primarily taken along the footwall portion of the vein since it was previously
mined (stoped) above the drift. The North Yule Vein drift is open to depth. Two
independent companies performed the assays: 1) Assayers Canada, and 2)
International Plasma Labs Ltd.
Vein IPL Assayers IPL Assayers IPL Assayers
Sample Thickness Au Canada Ag Canada Cu Canada
cm g/tonne Au g/tonne g/tonne Ag g/tonne % Cu %
NY-16-09 18 2.88 16.29 4.7 11.3 0.023 0.121
NY-17-09 40 19.35 16.15 5.5 8.8 0.027 0.137
NY-18-09 30 11.98 10.10 12.8 12.4 0.234 0.524
NY-19-09 30 2.24 2.02 2.6 3.6 0.048 0.246
NY-27-09 18 79.30 85.10 50.5 54.7 0.301 0.697
NY-42-09 30 12.61 20.03 8.1 9.7 0.003 0.013
NY-43-09 30 20.42 35.99 8.9 10.8 0.007 0.033
NY-44-09 20 127.44 117.30 51.3 52.0 0.206 0.490
NY-45-09 20 150.08 151.60 58.0 59.1 0.312 0.704
NY-46-09 60 111.04 109.50 83.3 78.0 0.268 0.631
NY-60-09 15 118.01 116.60 38.5 44.8 0.004 0.023
NY-62-09 18 127.94 133.1 57.0 52.4 0.217 0.524
NY-63-09 20 79.38 90.00 34.8 41.1 0.037 0.182
NY-64-09 20 303.29 319.30 114.8 97.1 0.322 0.735
NY-65-09 15 6.83 6.98 2.1 1.9 0.004 0.017
NY-66-09 15 162.88 155.50 86.3 44.9 0.731 >1.0
NY-67-09 15 126.80 132.60 48.2 37.1 0.298 0.701
NY-68-09 13 44.36 48.53 46.8 31.7 0.316 0.718
NY-69-09 10 49.84 45.77 20.9 22.0 0.037 0.193
NY-70-09 15 97.81 88.33 83.5 70.0 0.201 0.480
NY-71-09 13 40.16 45.23 17.8 30.5 0.040 0.188
NY-75-09 15 9.93 11.94 10.5 7.6 0.013 0.062
NY-76-09 20 158.67 149.00 58.6 56.5 0.049 0.224
NY-77-09 10 18.02 22.19 5.3 6.9 0.003 0.012
NY-78-09 25 0.22 0.57 0.8 0.6 0.000 0.002
NY-79-09 20 60.62 74.60 40.8 31.3 0.008 0.035
NY-80-09 10 19.50 21.80 7.8 8.2 0.003 0.015
NY-81-09 13 11.81 12.51 4.0 5.5 0.001 0.006
NY-82-09 10 40.38 42.47 21.7 18.2 0.005 0.024
NY-83-09 10 25.55 17.17 8.5 5.5 0.002 0.008
NY-83A-09 8 233.45 230.70 73.3 101.0 0.054 0.242
NY-84-09 5 40.14 40.72 24.6 18.0 0.003 0.015
The underground vein sample results given above are the third of four sets of
samples taken for this exploration program. There are approximately 280
underground samples taken for the existing 257 level-exposed vein faces. This
program is the first phase of resource determination, which will later include a
major underground and surface drilling program. The applications for these
drilling programs have been submitted to the British Columbian Ministry of
Energy, Mines & Petroleum Resources for approval.
Edward J. Nunn, P.Eng., of Anglo Swiss Resources Inc. is the Qualified Person
who has reviewed and acknowledge this press release.
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 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 over 2.0 tonnes of gold. Exploration and
development is currently underway to re-establish a NI 43-101 compliant gold
resource while the existing mill facility is expanded to allow initial
production in 2009.
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.
Sign up for free SMS News Release service, simply text ASW2 in the body of the
text message to 32075 or visit the Mobile FRC link at the Company`s website.
Please visit the company's website at www.anglo-swiss.com.
Reader Advisory
The TSX Venture Exchange has not reviewed and does not accept responsibility
for the adequacy or accuracy of this release.
Anglo Swiss Resources Inc.
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 or Grant Howard
Toll Free: 1-888-221-0915
www.howardgroupinc.com
Copyright Business Wire 2009
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