Wednesday, 19 May 2010

AeroTEM Survey points Anglo Swiss to Key Gold Property

Anglo Swiss Resources Inc.
Basic Shares 138.2 million
Fully Diluted 168 million

It was announced today that as a result of a recently completed Aeroquest AeroTEM III survey, Anglo Swiss has entered into an Option to Purchase Agreement for 100% interest in the Mammoth Copper-Gold property.

A 1,749 line km airborne survey that was completed in April identified a strong conductive zone within the Company's newly acquired claim group. This zone extends through the Mammoth Copper-Gold property to the south.

This latest acquisition expands Anglo Swiss’ Nelson Mining camp to 160 square kilometers, a substantial feat considering at this time last year the company only possessed approximately 1,000 acres of property.

The Aeroquest survey interpretation has defined three strong conductive anomalies, which the company has named the Silver Lynx, the Gold Hill and the Mammoth. Drilling is expected to start immediately upon the Company receiving its initial drill permits.

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