Anglo Swiss Resources Inc. is pleased to announce that the Company’s Technical group has completed an initial compilation model of the 257 level of the multi-level Kenville Gold Mine located in south-eastern British Columbia. The 3D model is available for viewing at http://www.anglo-swiss.com/3d-modeling. The 3D modeling of the Kenville Gold mine workings is ongoing and shows drill traces and vein intercepts from over 200 drill holes dating back to the 1940’s; which will greatly assist ongoing exploration and ore definition beyond the historical foot print of the mine. The Company will explore the geometry and structural setting of the vein systems and will focus on the zones with most dilatational potential in the upcoming fall 2010 drill program. Recent drill intersections have also intersected new high grade vein structure at depths below the original production levels of the Kenville Gold Mine and also striking hundreds of meters to the south (Release October 4, 2010). These recent discoveries confirm the potential for new gold resources (with silver and copper enrichment), within and beyond this historic gold mining camp which could significantly increase the property’s NI 43-101 compliant gold resource (Release October 8, 2009). Anglo Swiss Resources is presenting at the 2010 Minerals South Conference in Nelson on November 3 rd and 4 th , 2010 at the Prestige Lakeside Resort in Nelson, British Columbia. The Kenville gold mine is one of the oldest and most prolific producers in the district, producing intermittently from 1890 to 1954, with the bulk of production from 1899 to 1912. Government records indicate that past production from 181,295 tonnes mined totaled:
- 2,029 kilograms of gold or 71,568 ounces;
- 861 kilograms of silver or 29,568 ounces;
- 23.5 tonnes of lead or 51,808 pounds;
- 15 tonnes of zinc or 33,069 pounds;
- 1.6 tonnes of copper or 3,527 pounds;
- 37 kilograms of cadmium or 81.5 pounds
Reader AdvisoryThe TSX Venture Exchange has not reviewed and does not accept responsibilityfor the adequacy or accuracy of this release.Cautionary Note Regarding Forward-Looking Statements Certain of the statements made herein may contain forward-looking statements or information within the meaning of Canadian securities laws and the applicable securities laws of the United States. Such forward looking statements or information include, but are not limited to, statements or information with respect to Anglo Swiss Resources’ plan for future exploration and development of its properties. Forward-looking statements or information are based on a number of estimates and assumptions and are subject to a variety of risks and uncertainties, which could cause actual events or results to differ from those reflected in the forward-looking statements or information. Should one or more of these risks and uncertainties materialize, or should underlying estimates and assumptions prove incorrect, actual results may vary materially from those described in forward looking statements or information. Factors related to such risks and uncertainties, and underlying estimates and assumptions include, among others, the following: the ability of Anglo Swiss Resources to advance development of its properties; price volatility of gold and other metals; impact of any hedging activities, including margin limits and margin calls; discrepancies between actual and estimated production, between actual and estimated resources, and between actual and estimated metallurgical recoveries; mining operational risk; regulatory restrictions, including environmental regulatory restrictions and liability; risks of sovereign investment; speculative nature of mineral exploration; defective title to mineral claims or property, litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological or operational difficulties or inability to obtain permits encountered in connection with exploration activities; and labour relations matters. Accordingly, undue reliance should not be placed on forward looking statements or information. We do not expect to update forward-looking statements or information continually as conditions change, except as may be required by law.