Thursday, 24 September 2009

Anglo Swiss Adds Land Interests Around Kenville Mine

Anglo Swiss Resources Inc.
Basic Shares 130.2 million
Fully Diluted 150 million

The Kenville Gold Mine just outside of Nelson, BC sits in an area that has a long history of rich gold and silver discoveries. The area known as the Silver King Shear is the host to numerous historical gold and silver mines in southeastern British Columbia including Anglo’s Kenville Gold Mine.

Anglo Swiss has announced that it has entered into an Option/Joint Venture Agreement with Klondike Gold (TSX-V: KG) on its Ron Gold Property allowing Anglo to earn in up to 60% of 1492 hectares surrounding its 100% owned Kenville gold property.

The Ron Gold Property that Anglo negotiated to earn in on consists of 37 contiguous staked mineral claims and one crown granted mineral claim. These claims currently surround Anglo's Kenville property in a horseshoe fashion. As such, ASW has acquired the last key piece of the puzzle to make this an area play. The acquisition greatly enhances Anglo’s land position to the south, which extends the potential strike length of the regional geological trend along the Silver King Shear.

This "new Kenville" could become a multi project property with a focus on below surface gold potential and porphry (at or near surface).