Anglo Swiss to Begin Work at Historic Kenville Gold Mine.

Business Editors

VANCOUVER, British Columbia--(BUSINESS WIRE)--Feb. 19, 2003

Anglo Swiss Resources Inc. (TSXV:ASW) (OTCBB:ASWRF) is taking the first step to bring its historic Kenville Gold Mine back into production, by appointing Mr. Greg Thomson, P.Geo. (Thomson Geological Consulting) as Vice-President/Manager of Exploration. Mr. Thomson will be responsible for the development of the Kenville Gold Mine and the Blu Starr Gemstone properties, both located in southern British Columbia.

Mr. Thomson was formerly with Teck Exploration Ltd. and was the senior geologist for Teck Corp. during 1995 through 1997, when Teck conducted an exploration program on the Kenville property, which included diamond drilling, and both induced polarization and magnetometer surveys. Mr. Thomson has extensive experience in the research, discovery and development of mineral resources including base metals, industrial minerals and rare earths.

Len Danard, President of Anglo Swiss stated, "We are extremely pleased to acquire someone of the caliber of Greg Thomson for the Kenville Mine Project. His in-depth knowledge of the property, gained during the two years he managed Teck's program, will prove to be invaluable to the Company, and will allow us to fast-track our current program."

KENVILLE MINE PROPERTY

The Kenville Mine is located near Nelson, BC and is owned 100% by the Company (the Option Joint Venture announced September 5, 2002 has been terminated by the Company) 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 (approximately 2 metric tonnes) from 181,120 tonnes of ore.

The Kenville Mine property has extensive underground workings, numerous known vein systems plus the discovery of a large anomalous zone that measured 250 metres by 800 metres on a previously unexplored area of the property.

The 2003 Exploration Program proposes expansion of the known gold resource through an underground bulk sampling program, further exploration of a newly discovered free gold-bearing vein system and continued exploration of the large anomalous gold, silver, copper, molybdenum anomalous zone identified during Teck's exploration.

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 the City of Nelson supplying electrical power and water coming from nearby Eagle Creek.

The Kenville Mine property consists of 15 Crown-Granted mining claims and 10 staked claims totaling 430.88 hectares, (1064.79 acres); plus an additional 38.73 hectares (95.7 acres) of surface property.

BLU STARR GEMSTONE/GRAPHITE PROPERTY

Gem-grade varieties of sapphire, garnet (rhodolite and almandite), iolite, aquamarine, tourmaline, moonstone and several varieties of quartz have been located in both in-situ (hard-rock) and placer (alluvial) occurrences on the Blu Starr property located in the Slocan Valley of British Columbia, where the company holds more than 15,000 acres of property.

In a geological report dated December 12, 2000 by Craig H.B. Leitch, Ph.D, P.Eng., the author reconfirmed an earlier statement: "This assemblage is similar to the Highland/South-western Complex rocks of Sri Lanka, that have produced some of the world's largest alluvial gemstone deposits (L. Walton - Exploration criteria for gemstone deposits and their application to Yukon geology. Indian and Northern Affairs Canada: Yukon Region, File 1196-2G)."

The Blu Starr property is currently under development with Hampton Court Resources Inc. pursuant to a Joint Participation Agreement, which expires on April 30, 2003. Hampton Court has earned a minimum 10% interest in this property, while the expenditures to-date are under review.

1. Hard Rock. Exploration to-date resulted in several new discoveries of potential economic importance including 13 new sapphire occurrences, 10 new iolite/anthophyllite occurrences, a potentially large and economic gem garnet occurrence and occurrences of amethyst quartz, rose quartz and titanite. Recommended exploration includes bulk sampling of the star-sapphire, iolite and garnet occurrences while sourcing gemstone recovery methods to determine the most effective method of gem extraction from the mineralized rock.

2. Placer. The placer claims, currently exceeding 1400 acres, have been evaluated for their mineralogical and gem potential. A geological survey using ground penetrating radar technology was performed to profile shallow sediment conditions, infer depth and distribution of fluvial deposits and sub-alluvial or intra alluvial sediment/bedrock formations. Recommendations include a drill program of 12 holes totalling 500 meters to sample geophysical anomalies and 23 bulk samples to evaluate fluvial zones targeted on two separate terraces.

3. Graphite. A large flake graphite discovery outcropping over 2,000 meters has also been discovered on the Blu Starr property. Crystal Graphite Corporation, a local producer of high-grade graphite has been producing an extremely high fixed carbon grade of 99.51% from a similar deposit to the north. Recent developments in the fuel cell industry are serving to dramatically increase the demand for high quality crystalline flake graphite. In the September 17 - 23, 2001 issue of Northern Miner, Ballard Power was reported to have asked, "Is there enough graphite in the world that we can use?"

INVESTOR RELATIONS - DAIMLER PARTNERS

The company has retained the services of Daimler Partners, the principal of which is Mr. Peter Holt. Daimler Partners' responsibilities will include maintaining the existing shareholder base as well as increasing the Company's exposure within the financial communities in both Canada and the United States.

CORPORATE UPDATE

The Board of Directors elected at the Annual General Meeting held December 11, 2002 currently consists of Mr. Len Danard, Mr. Leroy Wolbaum and Mr. Chris Robbins. Mr. Brian Canfield resigned as a director on January 9, 2003 but remains as the Corporate Secretary for the Company. Mr. Danard acts as President & CEO and Mr. Robbins as Vice-President. On behalf of the Board, Len Danard, President & CEO

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