Anglo Swiss Prepares Fall Churn Drill Program on Gemstone Property.VANCOUVER, British Columbia -- Anglo Swiss Resources Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ASWRF) (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:ASW ASW Antisubmarine Warfare ASW Approved Social Worker ASW Application Software ASW a Small World (online community) ASW Art Supply Warehouse ASW Artificial Sea Water ASW Australian Standard White (wheat) ) (Berlin:AMO AMO - America's Multimedia Online ) is a company actively engaged in the acquisition, exploration and development of gemstone and other mineral resource projects. The Company is mainly focused on development of colored gemstone projects in the Nelson, British Columbia
adj. Of, relating to, or occurring on or near the surface of the earth. [surf(ace) + (superf)icial.] Adj. 1. material - "gravel") claims totalling 650 hectares near Passmore at the confluence of the Slocan and Little Slocan Rivers. These gravels derived locally by erosion of the lode mineral occurrences have been recognized as containing the various gemstone minerals now liberated from their original lode rock. Prospecting of the gravels by testing 88 sample sites by panning has confirmed the presence of both gem quality garnet and macro sapphire/corundum and suggested the quantity of contained minerals may increase with depth. Anglo Swiss is currently planning a drill test of the gravel deposits both in terraces ("benches") and on the valley floor. A total of twelve (12) large diameter churn drill holes, aggregating up to 500 meters total length have been recommended. The Company is in possession of a land use permit to allow the drilling to proceed. The object of this drilling is to test the gravels at depth, near the bedrock interface, to identify horizons that may contain significant quantities of the target gemstones. Samples obtained will be processed at the Company's lab facility located at the Kenville Mine milling plant nearby. Mr. W.G. Timmins, P.Eng. and Mr. Derek Strickland, P.Geo., both Qualified Persons as defined by National Instrument 43-101, will supervise the project on behalf of Anglo Swiss, and will act as independent outside consultants. Any gemstones recovered from this program will be assessed for their possible value by independent, qualified evaluators. Please visit our newly launched website at www.anglo-swiss.com, presented in both English and French, where you can view some of the vast array of gemstone material collected from the properties. On behalf of the Board of Directors, Glen Macdonald P.Geo., Director Mr. Glen Macdonald, P.Geo., a Qualified Person as defined by National Instrument 43-101 has reviewed this new release and accepts responsibility for its content. Warning: The Company Relies Upon Litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. Protection For "Forward-Looking Statements." The TSX Venture Exchange TSX Venture Exchange Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors. has not reviewed and does not accept reponsibility for the adequacy or accuracy of this release. |
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