Anglo Swiss Resources Inc.: Gold, Copper, Sapphire, Iolite and Garnet all Targeted for Exploration.

Business Editors

VANCOUVER, British Columbia--(BUSINESS WIRE)--March 9, 2004

Anglo Swiss Resources Inc. (TSX Venture:ASW) (OTCBB:ASWRF) (Berlin:AMO) is pleased to announce that upon closing of the private placement announced on February 12, 2004 the Company anticipates to begin exploration on its Gold and Gemstone properties located in south-eastern British Columbia.

Although the Kenville Mine has not been in production for decades, figures released in 1990 ranked it as the 26th largest gold producer in British Columbia history. British Columbia Government records indicate that between 1890 and 1954, the Kenville Mine produced 2,024,306 grams of gold (2 metric tonnes) from 181,120 tonnes of ore. The Kenville Mine will be subject to a detailed geological evaluation to determine current and prospective ore reserves in accordance with National Instrument 43-101. Surface and underground exploration programs are being evaluated in conjunction with the $700,000 exploration requirement under the option joint venture agreement announced on October 28, 2003.

-- A surface exploration program is being considered to enlarge

the soil geo-chemical grid to explore and expand the present

anomalies discovered during the mid 1990's by Teck Corp. A

geo-chemical soil grid located a large copper, gold, silver

and molybdenum anomaly, which may overlie a zone or zones of

foliation-conformable porphyr copper-style mineralization. The

soil anomaly is located near the periphery of a felsic

intrusion in a virtually unexplored area. The anomalous area

is 1000 meters in strike length and 250 meters in width, and

is open to expansion. Magnetometer and VLF-EM surveys, machine

trenching, surface prospecting and geological mapping will be

used to follow-up the anomalies.

-- A diamond drill program is also planned to investigate the

newly discovered Eagle Vein and three drill sites have been

selected on the surface. Based on the initial results, further

diamond drilling may also be taken from the existing

underground infrastructure to expand the existing vein

structures. Given the known structural and mineralogical

complexities of the productive vein systems, comparatively

little weight in reserve calculations was historically given

to drill intersections. Due to the "nugget effect" from native

gold in assay samples and variability in vein width,

underground bulk sampling was the preferred method of testing

the veins, using the classic "drill for structure, drift for

values" development plan. The Eagle Vein is located about 150

meters west of the Hardscrabble Vein on the 2570 level, and

would require a new crosscut drift from the mine workings to

facilitate underground bulk sampling.

Blu Starr Gemstone Property, British Columbia

Anglo Swiss Resources Inc. also owns the 6,200 hectare Blu Starr Gemstone property located in the Slocan Valley, British Columbia. The Blu Starr hosts numerous occurrences of sapphire (15), iolite (11), gemstone quality garnet (2), as well as a flake graphite deposit; other minerals include aquamarine (beryl), tourmaline, titanite, moonstone and several varieties of quartz crystals.

Previous exploration has confirmed that the geological setting and potential gem grades (carats per tonne) of the numerous showings are extremely promising. Proposed work programs in the planning/budgeting stages are:

-- Evaluate the alluvial gravels for economic concentrations of

gemstones by trenching and churn drilling including gemstone

grading and selection, and

-- Bulk sampling of the numerous showings of sapphire, iolite and

garnet for preliminary bench-scale test-work directed toward

gemstone extraction from the matrix including gemstone

selection and grading.

Less than 10% of the Blu Starr property has been explored and mapped to date. Further information on both properties can be found at the corporate website: www.anglo-swiss.com.

On behalf of the Board,

Len Danard, President & CEO 

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.