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Anglo Swiss Resources Inc.: Exploration Targets Porphyry Zone at the Historic Kenville Mine.


VANCOUVER, British Columbia -- Anglo Swiss Resources Inc.'s (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:ASWRF) (TSX TSX Toronto Stock Exchange (TSE before April, 2002)
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 VENTURE:ASW ASW Antisubmarine Warfare
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ASW Australian Standard White (wheat) 
) (BERLIN:AMO AMO - America's Multimedia Online ) exploration focus is in south-eastern British Columbia on two properties located between Nelson and Castlegar; the historic Kenville Mine property - exploring for precious and base metals; and the Blu Starr property which hosts a variety of gemstones, including sapphire, iolite, gem garnet, plus other semi-precious gemstones. The Blu Starr property also hosts a flake graphite discovery located in close proximity to a local producer of high-grade carbon graphite.

KENVILLE MINE PROPERTY

The Kenville Mine is located near Nelson, BC and has a long history as a gold producer. It is notable as British Columbia's first producing hard-rock gold mine. British Columbia records indicate that between 1890 and 1954, the Kenville Mine produced 2,024,306 grams of gold (65,000 ounces or approximately 2 metric tonnes) from only 181,120 tonnes of ore.

The historic Kenville Mine property has extensive underground workings and numerous existing vein systems. Recent discoveries include the new Eagle Vein and a large anomalous zone measuring 250 metres by 1000 metres, open to expansion in all directions. This is a major exploration target separate from the existing infrastructure and is viewed as a porphyry Porphyry, Greek scholar
Porphyry (pôr`fĭrē), c.232–c.304, Greek scholar and Neoplatonic philosopher. He studied rhetoric under Cassius Longinus and philosophy under Plotinus.
 mineralization Mineralization
The process by which the body uses minerals to build bone structure.

Mentioned in: Rickets

mineralization,
n the bioprecipitation of an inorganic substance.
 zone of copper, gold, silver and molybdenum molybdenum (məlĭb`dənəm) [Gr.,=leadlike], metallic chemical element; symbol Mo; at. no. 42; at. wt. 95.94; m.p. about 2,617°C;; b.p. about 4,612°C;; sp. gr. 10.22 at 20°C;; valence +2, +3, +4, +5, or +6.  values. The Company believes this zone overlies the projected strike of the Silver King Shear Zone, which hosts many of the most productive mines in the Nelson Mining District.

Anglo Swiss has received a work permit for 2 kilometres of road to be built to gain access through the anomalous zone; work is underway at present. The work permit is for an aggregate of 1000 metres of trenching in six locations through the zone. Additional trenching and drill program(s) are currently under consideration upon assessment of the initial program and completion of a 43-101 Compliance Report written by a qualified independent geologist (Release October 28, 2003).

Anglo Swiss has extensive drill logs and exploration data dating back to the 1940's when Noranda Mines Ltd. and Quebec Gold Corporation controlled the mine, through to 1997 when Teck Corp. optioned the property and conducted 2418 meters of drilling and extensive geophysics over a two-year period. The 43-101 Compliance Report on the Kenville Mine property will be the first comprehensive report written on the property and will provide an excellent geological profile on existing and potential ore bodies and exploration targets.

Facilities at the mine-site include a 250 tonne per day ore crusher, extensive underground mining equipment, compressor, maintenance shop, assay lab, engineering office, core storage, Mine Manager's residence, and more. All infrastructure is in place with electrical power supplied by the City of Nelson and water coming from nearby Eagle Creek.

On behalf of the Board,

Len Danard, President & 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.  

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 HAS NOT REVIEWED AND DOES NOT ACCEPT REPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 16, 2004
Words:480
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