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Anglo Swiss Resources Inc. Announces NI 43-101 Gold Resource Report on the 257 Level of the Kenville Gold Mine Property and Clarifies Prior Historical Disclosure
Anglo Swiss Resources Inc. Announces NI 43-101 Gold Resource Report on the 257 Level of the Kenvi...
About this update from Gungnir Resources Inc
[{"type":"text","content":"\nAnglo Swiss Resources Inc. Announces NI 43-101 Gold Resource Report on the 257 Level of the Kenville Gold Mine Property and Clarifies Prior Historical Disclosure\n\n\n Aug. 5, 2009 (Filing Services Canada) -- Anglo Swiss Resources Inc. (ASW - TSX Venture, ASWRF - OTCBB, AMO - FWB), As a result of a review by the British Columbia Securities Commission, Anglo Swiss Resources Inc. (the \"Company\") is issuing the following news release to clarify some of its previous disclosure for the Kenville Gold Mine Property located near Nelson, British Columbia (the \"Property\"). Updated Technical ReportRichard Munroe, FGAC, P.Geo., of Munroe Geological Services Inc., an independent Qualified Person as defined by NI 43-101, has prepared a NI 43-101 Technical (Geological) Report for the 257 Level of the Kenville Gold Mine. This Technical Report (the \"Munroe Report\") is complete and is under review by management and will be filed on SEDAR within 45 days. The Company cautions that, as noted below in this news release, current underground gold resource estimates have only been undertaken for the 257 Level so far, as reflected by the estimates in the Munroe Report. However, since the Munroe Report is only for one of the six levels in the Kenville Gold Mine, exploration to facilitate additional resource estimation is being planned, and an additional Technical Report to identify an increased mineral resource has been requested, for the 275 Level. Work for rehabilitating this Level for exploration purposes is in the detailed planning stages.Mineral Resource EstimatesThe Company provides the following complete statement for its gold resource estimates for the Kenville Gold Mine:1. The Company releases its mineral resource statement as of July 22, 2009, which has been estimated by Mr. Munroe and is documented in the Munroe Report.----------------------------------------------------------------- Deposit 257 Level Mineral Resource----------------------------------------------------------------- Category Tonnage Ounces Ounces Grams Grams (tonnes) per ton Gold per tonne Gold----------------------------------------------------------------- Measured 5,132 0.138 778 4.715 24,199 Indicated 66,704 0.138 10,113 4.716 314,550 Inferred 518,682 0.420 239,954 14.389 7,463,404-----------------------------------------------------------------2. A Notice of Work ap...