Anglo Swiss Resources Inc.
TSX VENTURE : ASW
OTC Bulletin Board : ASWRF
BERLIN : AMO

Anglo Swiss Resources Inc.

November 26, 2007 08:01 ET

Anglo Swiss Resources Confirms 50-Meter Down-Dip Extension of Eagle Gold Vein System in Drill Hole AK07-05

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 26, 2007) - Anglo Swiss Resources Inc. (TSX VENTURE:ASW)(OTCBB:ASWRF)(BERLIN:AMO) today reported that based on visual determination by the onsite technical team, the Eagle Gold Vein System was again intersected in drill hole AK07-05, thus extending its down-dip extent from the vein intercept found in drill hole AK07-04 for a distance of 50 meters or 164 feet.

The Eagle vein is the newest addition to the five known historic high-grade gold vein systems that have made the Kenville Gold Mine one of BC's most prolific gold producers. The presence of the Eagle vein system suggests a significant previously unknown gold target on the western side of the Kenville property.

The discovery of the Eagle vein system is important as the Company's technical team believes that other high-grade gold veins may be discovered on the west side of Eagle Creek. The Eagle vein system is one of several other known vein systems on the Kenville property, including the multiple Kenville Mine veins as well as the Venango gold-silver veins, located at the extreme western side of the Kenville property.

Anglo Swiss is very pleased with the overall initial results of the 2007-drilling program on the Kenville property and looks forward to receiving assay results for the five drill holes. The drill program encountered significant mineralization in every hole, and helped define the known Eagle Vein system in holes AK07-04 and AK07-05. The drill program has also confirmed the presence of potentially economic bodies of porphyry-style disseminated copper +/-gold mineralization. The porphyry copper-gold geophysical model is being evaluated through the drill testing of IP geophysical and geochemical targets as presented in the MPH Report (NR 2007-11-01).

This fifth drill hole concludes the Phase 1 drill program for a total of 1363.4 meters on the Kenville property near Nelson, British Columbia. Due to the success of the initial drill program the Company's technical staff is preparing the Phase 2 drill program of 10,000 meters to start in early 2008.

In summary:

- The main Eagle vein intercept in drill hole AK07-05 represents a true width of 1.65 meters or 5.4 feet. The Eagle vein was first encountered by Teck in TK95-05 a 0.25 meter or 0.82 foot intersect that graded 2.4 oz/ton gold.

- The 5.4-foot vein intercept in drill hole AK07-05 is contained within a broader zone of pervasive silicification of 5.1 meters or 16.7 feet.

- The point from where the Eagle vein system was intersected in drill hole AK07-04 to where it was intersected in AK07-05 shows an extension of the vein system down its dip for a distance of 50 meters or 164 feet.

- By comparing the 1995 Teck intersections of the Eagle vein system and the two intercepts in drill holes AK07-04 and AK07-05, the vein system can be traced along its strike distance for approximately 150 meters or 492 feet.

- The Eagle vein system remains open to the northwest and southeast and at depth.

- A sectional view of the Eagle vein intercepts can be viewed by clicking this link (http://www.ccnmatthews.com/docs/asw1126map.jpg).

Technical descriptions are below:

Drill hole AK07-05 was drilled on line 2600 north at station 225 west at the same collar location as drill hole AK07-04. AK07-05 was drilled to the east at a dip of -55 degrees to a final hole depth of 323.7 meters (1062 feet). AK07-05 provided increased depth comparisons with disseminated and vein-style mineralization as intersected in drill hole AK07-04.

Both Drill holes AK07-04 and AK07-05 were drilled entirely within magnetite-bearing massive to locally foliated diorite porphyry, with local intervening lamprophyre dikes. Drill hole AK07-05 contained similar zones of silicification and mineralization as reported for drill hole AK07-04, with the following specific descriptions:

- The Eagle vein was intersected in drill hole AK07-05 from 291.4 meters to 293.05 meters, which represents a close to true-width intersection of 1.65 meters or 5.4 feet. The main Eagle vein contains strong clots and disseminations of mixed coarse pyrite and chalcopyrite and traces of galena, having very similar mineralization styles to the Eagle vein intercept seen in drill hole AK07-04. The vein is encompassed within silicification, which extends from 289.05 meters to 294.15 meters, giving an overall silicified-vein interval of 5.1 meters or 16.7 feet. The down-dip separation between vein intercepts in drill holes AK07-04 and AK07-05 is approximately 50 meters or 164 feet.

- Pervasive silicification occurs in drill hole AK07-05 from 184.4 to 202.9 meters (18.5 m or 60.7 feet). This zone appears to be correlated with the silicified zone in drill hole AK07-04 from 164.0 to 205.4 meters (41.4 m or 135.7 feet). Localized concentrations of chalcopyrite were observed in drill hole AK07-05 from 193.1 to 200.35 meters (7.25 m or 23.7 feet).

- The strike distance from where two 1995 Teck holes intersected the Eagle vein to where the vein was intersected in AK07-04 and AK07-05 is approximately 150 meters or 492 feet. It is probable that the Eagle vein system continues along strike both to the northwest and southeast as well as to increased depths.

- Pervasive silicification occurs in a distinct zone from 275.45 to 281.7 meters (6.35 m or 20.5 feet). Within this zone are found localized areas of strong vugginess or openings in the rock as well as numerous fracture or breccia fills of chlorite, pyrite and magnetite. At 280.3 meters is found a 15-centimeter band of coarse, brecciated massive pyrite, with minor chalcopyrite. It is likely that this zone of silicification and mineralization is correlated with the mineralized silicified zone intersected in drill hole AK07-04 from 251.55 meters to 254.8 meters (3.25 m or 10.6 feet).

The Kenville property is being explored for the porphyry copper +/- gold potential on the south-western portion of the property as well as the continued exploration on the nearby Eagle vein system, which is a known carrier of high grade gold and silver values.

About Anglo Swiss Resources: www.anglo-swiss.com

Anglo Swiss Resources holds key gold (British Columbia) and diamond (North West Territories) properties in close proximity to successful mining operations. For further information, investors are asked to visit the Anglo Swiss Resources Investor Relations Hub at www.agoracom.com/IR/AngloSwiss or email to ASW@agoracom.com.

The contents of this release have been approved by Greg Thomson, P. Geo., a Qualified Person as defined in NI 43-101.

The statements made in this Press Release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from the Company's expectations and projections.

The TSX Venture Exchange has not reviewed this press release and neither approved nor disapproved the information contained in this press release.

Contact Information

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    Website: www.anglo-swiss.com
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