Tuesday, 26 May 2009

Underground Samples Hold More Golden Promise For Anglo Swiss

Anglo Swiss Resources Inc.(TSX-V: ASW) (OTCBB: ASWRF) (BERLIN: AMO)
Basic Shares 130.2 million
Fully Diluted 150 million

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There's a bit of buzzing at Anglo Swiss on the heels of new assay results from the underground sampling at the Kenville gold mine just outside of Nelson British Columbia. The assay results are saying that the company is on to something with reported results of up to 180.5 grams of gold per tonne (6.37 ounces) from another portion inside the mine adit known as the Yule Vein/Flat Stope.

Samples were taken from inside the mine where 85 meters of the Yule Vein was exposed. The Yule/Flat Stope is part of a four vein structure known as the Eagle Vein system which the company has been looking to define since it discovered it during its 2007-2008 exploration drilling.

The purpose of this underground exploration program is to re-establish a NI 43-101 compliant gold mineral resource on the main haulage level called the 257 level.

The Eagle Vein system has been established for at least 700 meters with ASW looking to add further definition to the size of the structure.

See full news release here........