Anglo Swiss Resources Inc.
OTC Bulletin Board : ASWRF

Anglo Swiss Resources Inc.

August 16, 2005 08:00 ET

Anglo Swiss Resources'-'Historic Kenville Gold Mine' Permitted for Exploration

VANCOUVER, BRITISH COLUMIBIA--(CCNMatthews - Aug. 16, 2005) - Anglo Swiss Resources Inc. (the "Company") (TSX VENTURE:ASW)(OTCBB:ASWRF)(BERLIN:AMO) is pleased to announce it has received the final payment, for an aggregate of $100,000, in regards to the Option Joint Venture Agreement (News Release dated October 28, 2003) on the historic Kenville Gold Mine, located in south-east British Columbia.

In addition, the Company has received notification by Gold Standard Resources Corp. ("the Optionee") that a permit has been issued dated August 5, 2005 by the BC Ministry of Energy, Mines and Petroleum Resources and exploration will commence shortly at the Kenville site.

The Optionee has filed a "43-101 Compliant Report" on the Kenville property from Burton Consulting to the Ministry which includes recommendations for two phases of exploration totalling over $1,500,000 in expenditures.

The Kenville Gold Mine

The Kenville Mine has not been in production for decades, but figures released in 1990 ranked it as the 26th largest gold producer in British Columbia history. British Columbia Government records indicate that between 1890 and 1954, the Kenville Mine produced 2,024,306 grams of gold (2 metric tonnes) from 181,120 tonnes of ore. Current work recommendations include:

- A surface exploration program to enlarge the soil geo-chemical grid and expand the present anomalies discovered during the mid 1990's by Teck Corp during a two-year drill program. The geo-chemical soil grid located a large copper, gold, silver and molybdenum anomaly, which may overlie a zone or zones of foliation-conformable porphryr copper-style mineralization. The soil anomaly is located near the periphery of a felsic intrusion in a virtually unexplored area of the property. The anomalous area is 1000 meters in strike length and 250 meters in width, and is open to expansion. Magnetometer and VLF-EM surveys, machine trenching, surface prospecting and geological mapping will be used to follow-up the anomaly.

- A diamond drill program is also planned to investigate the newly discovered Eagle Gold Vein.

- Based on the initial results on Phase 1, further diamond drilling may also be taken from the existing underground infrastructure to expand the Eagle vein and the existing known vein structures.

On behalf of the Board,

Len Danard, President & CEO

The company relies on litigation protection for "forward looking" statements.

The TSX Venture Exchange has not reviewed and does not accept reponsibility for the adequacy or accuracy of this release.

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