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Anglo Swiss Resources: First Iolite Gemstones Cut.


VANCOUVER, British Columbia--(BUSINESS WIRE)--Feb. 3, 1999-- Anglo Swiss Resources Inc. (ME:ASW ASW Antisubmarine Warfare
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.) (OTC OTC

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See over-the-counter market (OTC).
 BB:ASWRF) announces the first cut iolite gems from BC. The iolite, garnets and other gemstones from the company's Slocan Valley The Slocan Valley is a valley in the West Kootenay region of British Columbia, Canada.

The valley is home to the village of Slocan City, New Denver, Kaslo, Nakusp, Silverton, Winlaw and the Valhalla Provincial Park.
 Blu Starr Property were showcased at the recent Vancouver Investment Conference and the BC and Yukon Chamber of Mines Cordilleran Roundup mining and exploration conference. Positive response to the gemstones was overwhelming.

The first iolite gems were cut by master gem cutters and designers Bruce MacLellan of Mountain Gems Ltd., and Ken Dale of Rusty's Gems Ltd., who stated that the iolite is among the finest they have ever cut. The cutters both remarked on the superb blue-violet colour, excellent clarity, and intense brilliance of the gems.

Several custom and unique designs were cut from top-quality rough garnet by the same cutters. They remarked on the absolute uniform density of the cranberry-red colour, ease of cutting, and especially the flash of pink brilliance in the gems, similar to "pigeon's blood" ruby in effect. Two new shipments of garnet and iolite have been returned from Sri Lanka Sri Lanka (srē läng`kə) [Sinhalese,=resplendent land], formerly Ceylon, ancient Taprobane, officially Democratic Socialist Republic of Sri Lanka, island republic (2005 est. pop.  and will be added to the company's inventory of finished gems in preparation for marketing. Additional shipments of gem rough are in progress.

The company's gems were recently shown privately to some of Vancouver's top jewelry manufacturers, who were very impressed with the colour and quality, and expressed an interest in purchasing the finished gems.

During his recent keynote address keynote address
n.
An opening address, as at a political convention, that outlines the issues to be considered. Also called keynote speech.

Noun 1.
 at the Cordilleran Roundup, Senior Regional Geologist Tom Schroeter of the BC Ministry of Energy and Mines recognized Anglo's recent gem discoveries as being of major potential. Regional Geologist H.P. Wilton states in his report 1998 Exploration Highlights of the Kootenay Region that "The significance of gemstones as an important mining resource in the Kootenays is starting to be acknowledged, mainly due to the aggressiveness, sophisticated management and success of Anglo Swiss and the original prospector-discoverers."

The company will be attending the 1999 Tucson Gem Show from February 3rd to 8th. In response to the many expressions of interest from established dealers wishing to examine the new gemstones, appointments for viewing may be made through our Vancouver, British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography
 office.

On behalf of the Board, Len Danard, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 3, 1999
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