Anglo Swiss Resources Inc.

Anglo Swiss Resources Inc.

March 04, 2005 08:00 ET

Anglo Swiss Resources Announces Diamond Indicator Mineral Results


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: ANGLO SWISS RESOURCES INC.

TSX VENTURE SYMBOL: ASW
OTC Bulletin Board SYMBOL: ASWRF
BERLIN SYMBOL: AMO

MARCH 4, 2005 - 08:00 ET

Anglo Swiss Resources Announces Diamond Indicator
Mineral Results

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 4, 2005) - Anglo Swiss
Resources Inc. (TSX VENTURE:ASW)(OTCBB:ASWRF)(BERLIN:AMO) is pleased to
report that results of indicator mineral extraction from a 840 gram grab
sample from the McAllister pipe have been received by the Company.

The sample contained 5 chromites, 98 clinopyroxenes, 75 olivines, 269
orthopyroxenes and nil garnets. A suite of these indicator grains has
been sent for microprobe analysis to determine their chemistry. A 24
kilogram sample from another phase of the lamproite was tested for
diamonds and none were observed.

Additional sampling of the pipe is being planned and will be undertaken
when snow conditions permit. This sampling will obtain multiple samples
from three locations, which will be sent to three different accredited
labs for analysis.

Anglo Swiss acquired a significant land base (31,000 ha.) in January
2005, including additional areas of interest in the Nelson Mining
District, where Anglo Swiss discovered its first lamproitic diatreme.
Anglo Swiss President, Len Danard stated, "We believe we have located a
second diatreme approximately 4 kilometres from the McAllister Diatreme,
which suggests that a cluster of diatremes may be present in the area.

Additional work is needed and warranted on this exciting discovery and a
comprehensive exploration program is currently being designed by W.G.
Timmins, P.Eng & G. C. Macdonald, P.Geo. Both are qualified persons by
NI43-101 definition, and are familiar with exploration for and
experienced in discovery of diamond bearing kimberlite diatremes in the
Northwest Territories.

On behalf of the Board,

Glen Macdonald PGeo., Director

THE COMPANY RELIES ON LITIGATION PROTECTION FOR "FORWARD LOOKING"
STATEMENTS.

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Anglo Swiss Resources Inc.
    Glen Macdonald PGeo.
    Director
    (604) 683-0484
    (604) 683-7497 (FAX)
    info@anglo-swiss.com
    www.anglo-swiss.com
    or
    Daimler Partners
    Mr. Peter Holt
    Investor Relations
    (604) 605-8522
    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of this release.