Tuesday, 24 November 2009

Anglo Swiss Kicks Off Aggressive Continuous 3 year Drill Program



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

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While gold continues its unprecedented rise in value and with investors flocking to the precious metal and gold stocks, Anglo Swiss Resources is clearly focused on proving to the market that it has gold and (according to management) a lot of it.

Today, Anglo Swiss announced that in as early as a week it will start an aggressive 12,400 metre drill program, which will target the “Deeps” – or what Anglo Swiss believes (according to its 43-101 resource report) to be the source(s) of the high-grade gold vein system that runs throughout its property adjacent to Nelson British Columbia.

On the recommendation of Tom O’Bradovich, the company’s latest addition to the Board of Directors, Anglo Swiss is currently conducting an airborne VTEM (Versatile Time Domain Electro Magnetic) survey. The purpose of this survey will be to identify anomalies and areas of high mineralization, which will help the company target priority areas for its drilling program. To learn more about VTEM click here.

What is also interesting in the release Anglo Swiss no longer refers to its property as the Kenville gold mine. It is now being called the Nelson Mining Camp because of the recently announced strategic acquisitions of 2,900 hectares of properties lining the Silver King Regional Shear Zone, which brings Anglo Swiss’ total land holdings in the area to 3,400 hectares.

To read the full release, please click here