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Anglo Swiss Resources Intersects High-Grade Gold at Kenville Project

Anglo Swiss Resources has reported that it has intersected several high-grade gold intercepts in the initial hole drilled during the 2012 program conducted at the Kenville gold project, Southeast BC.

Two individual high-grade gold veins were cut over 400 m in the hole KE12-01, including 14.14 g/t gold over 3.08 m.

The hole KE12-01 is drilled as a part of the ongoing drilling program, targeting on expansion and infill of the newly defined 500 m strike of high-grade gold veins towards the Kenville gold mine’s southern part. The hole KE12-01 was collared on a previous drilling pad in order to examine up-dip of holes KE10-15 and KE10-16. The vein system was successfully expanded by the hole, which intersects many other high-grade veins of gold.

Anglo Swiss’s CEO, Jari Paakki stated that the company is delighted to encounter numerous gold veins that are of high grade, which are cut in the southern parts of Kenville mine works. According to him, most of the veins are comparatively narrow and the high-grade veins allows for dilution in possible mining widths, while maintaining excellent grades of gold. He added that the fifth hole examined a fresh structure that cut both broadly dispersed sulphides veins and sections and the company will test the results from the primary five holes and resume the drill program in Q2.

The company has drilled five holes, totaling 2,876 m, along with all holes that intersect quartz veins. It has drilled four holes towards the south portion of the Kenville mine works, and the fifth hole examined the recently analyzed Kenville’s structural trend west. Drilling program has been temporarily stopped, as the company is waiting for assays.

Source: http://www.anglo-swiss.com/

Joel Scanlon

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Joel Scanlon

Joel emigrated to Australia in 1995 and worked for five years in the mining industry as an exploration geotechnician, using GIS mapping and CAD software. Upon moving to the North Coast of NSW, Australia Joel worked as a graphic designer for a leading consultancy firm. After that, he ran a successful business providing web services to businesses along the eastern seaboard of Australia. During this time, he developed and launched News-Medical.Net. Joel has been working with AZoNetwork since the company was founded in 2000.

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