- Published: 23 March 2009
- Written by Editor
Anglo Swiss Resources Assays Mill Feed at 18.6 Grams (0.60 Ounces) Gold Per Tonne
Anglo Swiss Resources Inc. (TSX Venture: ASW) (OTCBB: ASWRF) (BERLIN: AMO), March 23, 2009, 8:00 am ET - announces that it has received a mineral processing assessment of the gold bearing material extracted from the Kenville Gold Mine 257 Level underground workings from G&T Metallurgical Services Ltd. ("G&T") of Kamloops, British Columbia.
The assayed feed grade of gold at 18.6 grams/tonne and a copper grade of 0.281% would give a gold equivalent (AuEq) of 19.0 grams per tonne.
The G&T programmed test work is scheduled for completion at the end of March 2009. The G&T assay results are given below:
Sample Name Rec'd Wt. Chemical Assays
Kg Cu % Au g/t Au oz
Jewelry Box 1 Head 1 10.4 0.790 22.6 0.72
Jewelry Box 2 Head 1 10.9 0.370 54.6 1.76
Flat Stope 1 Head 1 10.7 0.078 6.7 0.22
Flat Stope 2 Head 1 10.3 0.220 16.0 0.51
Stock Pile 1 Head 1 10.7 0.088 4.6 0.15
Stock Pile 2 Head 1 10.8 0.150 6.4 0.21
Feed Total 63.8 0.281 18.6 0.60
The metallurgical response of the testing by G&T will result in the development of a general gold/copper material processing flow sheet for the Company's rehabilitated Mill Facility. The Company purchased and installed additional crushing and milling equipment in 2008. This equipment, with the existing infrastructure, will allow material bearing gold and other known metals from the underground and surface stockpiles to be processed on site. The Mill is currently being commissioned and is expected to be operational in Q2 2009. A video and photo gallery of the Kenville Gold Mine are available at the Company's website at www.anglo-swiss.com.
To initiate this metallurgical test program, samples had to be acquired which would simulate the feed material to the milling plant. These samples were sourced from the underground workings of the 257 Level, (the Jewelry Box and Flat Stopes) and surface stockpiles. Two samples of a weight of 10 kg were gathered at each of these three locations. Proper sampling techniques were applied with a Professional Engineer and Professional Geologist acting as witnesses. The two stopes were in the process of being mined when the mine halted extraction many years ago. The blasted gold bearing rock is readily available at the mining face. Sample material was taken approximately 1.5 metres back from the mining face in numerous locations. The six samples were then sent to G&T where they were assayed, blended and crushed as a simulated plant feed.
Based on a detailed review of past records, and the examination and evaluation of existing underground mine workings by the company's technical team, management is confident that the presence of considerable gold-bearing material exists on the mine site. Management has reserve estimates from historical reports which precede 43-101 standards.
The Kenville Gold Mine's historic workings consisting of the main haulage level (257) and the upper workings (275 level), which contain substantial volumes of Mill feed. In both levels the stopes and working veins are full of previously blasted gold bearing material and muck which will be the initial supply material to the Mill as the Company initiates its start up. The Company completed a full rehabilitation of the 257 level and the rail system in 2008 and will complete the 275 level this spring. The Company will also be processing the extensive waste rock material from previous production years which are located on the surface.
The technical contents of this release have been approved by Edward J Nunn, PEng., a qualified person as defined in National Instrument 43-101.
About Anglo Swiss
Anglo Swiss is a mineral exploration company focused on creating shareholder value through the acquisition and development of quality precious/base metal and gemstone properties that have undiscovered resource potential. The company is actively exploring and developing its advanced staged Kenville Gold Property located in southeastern 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 4,473 pounds;
-- 861 kilograms of silver or 1,848 pounds;
-- 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.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.