SOURCE: InvestmentPitch

December 10, 2010 18:24 ET

InvestmentPitch.com Video News Alert Updating the Activities for Anglo- Swiss Resources (ASW - TSX.V)

VANCOUVER, BC--(Marketwire - December 10, 2010) - InvestmentPitch.com video news alert updates activities at Anglo-Swiss Resources (ASW - TSX.V). Anglo-Swiss has appointed David Constable to the Company's Board of Directors.

If the link is unavailable, please go to www.investmentpitch.com, and enter "Anglo-Swiss" in the search bar.

David has more than 40 years experience in mineral exploration, development, and strategic investor relations both in Canada and internationally. From 2002 - 2010 he was Vice President Investor Relations for FNX Mining Company Inc., retiring after the 2010 $3.5 billion merger with Quadra Mining Ltd. to create QuadraFNX Mining Ltd. (QUX: TSX).

Previously, from 1996 - 2002, he listed Australia's Normandy Mining Limited on the Toronto Stock Exchange and marketed Australia's largest gold producer in North America until its $2.4 billion acquisition in 2002 by Newmont Mining Corporation.

David has a BSc (Hons.) from Mount Allison University in New Brunswick and an MBA (Hons.) from Sudbury's Laurentian University. He is an experienced director of public resource companies and possesses an ICD.D designation from the Institute of Canadian Directors. Previous board positions included eight years with Aquiline Resources Inc. until its $660 million acquisition by Pan American Silver Corp. (PAA: TSX) late in 2009 and Moly Mines Limited (MOL: TSX) until the completion of a US$700 million financing for its Spinifex Ridge Project in Western Australia in May 2010. He is currently Chairman of both U3O8 Corp (UWE: TSX-V) and Rockcliff Resources Inc. (RCR: TSX-V) and on the board of Magma Metals Limited (MMW:ASX:TSX) and Woulfe Mining Corp.(WOF: TSX-V).

Len Danard, President and CEO stated "We are pleased that the Anglo Swiss Resources' gold story is strong enough to attract a senior, experienced director. David brings a wide breath of experience in strategic investor relations, mineral exploration and development, financings and extensive merger and acquisition activities. Adding a director with an ICD.D designation will improve all aspects of corporate governance and corporate communication. David will be an active addition to the evolving Anglo Swiss Resources team."

Anglo Swiss Resources is developing the Company's 100% owned Kenville Gold Mine property located near the City of Nelson, in south-eastern British Columbia. It is also earning a majority interest in the 160 square kilometer Nelson Mining Camp, south of the Kenville property. The Nelson Mining Camp is the host to numerous, historical producing gold, silver and copper mines, surface adits and old workings. Exploration programs are underway throughout the Camp area with the focus on building a larger gold resource within the Kenville Gold Mine property and beyond to the south.

Anglo Swiss recently contracted for 5,000 metres of surface drilling on the property. To manage the mine development, the company recently hired Lloyd Penner, who has 25 year's experience, much of it dealing with high grade vein properties like the Kenville.

The original mine on this property goes back to the 1880's. Prior to 1954, the property yielded more than 2 million grams of gold and 861,000 grams of silver from high grade veins, making it the 26(th) largest gold producer in BC history.

For more information on Anglo Swiss, please call Len Danard at 604-683- 0484, email info@anglo-swiss.com or visit their website at www.anglo-swiss.com.

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that:

(i) the releases contained herein are protected by copyright and other applicable laws; and

(ii) they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: InvestmentPitch via Thomson Reuters ONE

[HUG#1471503]

Contact Information

  • Contact:
    InvestmentPitch.com
    Barry Morgan
    CFO
    604-684-5524