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Anglo Swiss Appoints Jari Paakki To CEO & David Constable To Chairman

Stocks in this article: ASWRF

VANCOUVER, Aug. 18, 2011 /PRNewswire/ - Anglo Swiss Resources Inc. (TSXV:ASW) (OTCQX:ASWRF) ("Anglo Swiss" or "the Company") today announced that it has appointed Mr. Jari Paakki, MSc, PGeo, to the position of Chief Executive Officer, subject to regulatory approval and that interim CEO, Mr. David Constable has accepted the appointment as Chairman of the Board. Both appointments are effective immediately.

Mr. Paakki, is a Professional Geologist with 20 years of experience in gold and base metal exploration covering a broad range of deposit types, environments and exploration methodologies. Jari also has extensive junior resource company management experience and a demonstrated ability to create a strong technical team, manage staff and contractors, obtain permits, manage budgets, and negotiate JV/Option Agreements. Jari has also successfully liaised with various government agencies and indigenous groups during his career. Further, he has a track record of successfully advancing projects at all levels and a history of exploration discoveries.

Jari began his career with Falconbridge Limited in nickel-copper and VMS exploration, and subsequently spent twelve years with Teck Exploration/Teck Cominco Limited in increasingly senior roles, which culminated in the position of Senior Geologist. During his time with Teck, he was involved in numerous projects including the supervision of regional and near-mine exploration around the Hemlo gold deposit, which resulted in the discovery of new gold prospects, as well as successful project generation initiatives throughout eastern Canada targeting primarily gold, VMS, and nickel-copper-PGE deposits. Most recently, he has held positions of VP Exploration and Project Development, notably for Blackstone Ventures where he developed and implemented exploration activities in Norway and Sweden. These programs ranged from grassroots projects, where he outlined an unexplored VMS copper-zinc-gold belt and discovered significant new Fe Oxide-Copper-Gold (IOCG) targets in the world-class Kiruna District, through to resource definition level projects, which resulted in an NI43-101 compliant resource estimate totaling over 300 million pounds of combined nickel and copper. Mr. Paakki obtained his BSc and MSc (Geology) from Laurentian University in Sudbury.

In welcoming Mr. Paakki, Mr. Constable, Chairman, stated that, "We are delighted that Jari has joined the Anglo Swiss team. His exploration expertise and broad experience in both gold and base metal exploration is ideally suited to Anglo-Swiss' current project portfolio. Jari has the right combination of skills and a demonstrated ability to unlock value in exploration and development projects and is a natural fit to advance the company and fulfill its objectives.  Jari is a key addition to the evolving Anglo Swiss management team and he will focus his energies on advancing the Company's high grade Kenville Gold Mine Project and initiating exploration on the Ring of Fire Lansdowne House Project."

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