Thursday, 12 February 2009

Anglo Swiss - A Good Time To Find Gold

Anglo Swiss Resources Inc.
Basic Shares 100.5 million
Fully Diluted 129.5 million

Although Anglo Swiss has not hit the proverbial jackpot yet with the drill bit, the Kenville property is surrounded with blue sky potential. The company completed the largest drill program in more than half a century at Kenville totaling 5,528 meters (18,127 feet) in 17 holes.

The company announced that out of the latest 17 holes it drilled, 12 had at least one significant gold interception. The high grade gold vein structures that were drilled into represent another potential gold and silver resource on the east side of Kenville.

The “win” here is that the new findings on the east side show a vein structure that extends far longer to the south than the company was aware. Anglo now plans to drill this vein structure from underground in the mine shaft where it can point the drill bit physically along the gold vein and hopefully get the long, high-valued intersections shareholders are hoping for in 2009.