Monday, 26 November 2007

Anglo Swiss Extends Eagle Gold Vein In Drill Hole 5


With the completion of phase 1 drilling at the Kenville property just outside Nelson, B.C., Anglo Swiss now knows that the Eagle Gold vein is significantly greater than indicated by Teck's drilling in the mid 90's.

A total 1363.4 meters was drilled and mineralization was found in each of the 5 holes. Hole 5 also intersected the Eagle Gold Vein as did hole 4, which has provided additional definition to the vein. Assays from the previous Teck drilling returned grades of 2.4 ounces/ton of gold.
Anglo Swiss now knows that the Eagle Gold Vein runs approximately 150 meters or 492 feet and varies from 1.65 - 5.1 meters or 5.4 - 16.7 feet in width. More drilling is planned in early 2008 to further define the true size of this vein as it is still open to the northwest, southeast and depth.

The Eagle vein is only a small portion of Kenville's potential as the company will be defining other similar known veins on the West side of the property in phase 2 drilling.
This is not the only story at Kenville. phase 1 also confirmed the presence of potentially economic bodies of phorphyry - style disseminated copper +/- gold mineralization as well.

Assay results should become available in early January and help Anglo Swiss prioritize its phase 2 drill program.
To read the news release, please click here.