Anglo Swiss Completes Purchase of Lansdowne House

Cu-Ni-Co-PGE Property

VANCOUVER, June 30, 2011 /CNW/ - Anglo Swiss Resources Inc. (TSXV: ASW) (OTCQX: ASWRF) ("Anglo Swiss" or "the Company") is pleased to announce that the purchase of the Lansdowne House Ring of Fire Property, located in northwestern Ontario, from INV Metals Inc. is now completed. See news release June 16, 2011. The Company issued 11,950,774 common shares equal to $1,466,360 to INV Metals Inc. as payment for a 100% interest in the project. INV Metals retained a 1% NSR (net smelter royalty) in the property with the exception of two claims both of which are subject to a 2.5% NSR payable to PGM Ventures (up to 1.5% of the 2.5% NSR may be purchased for $500,000 per 0.5% NSR). In addition, there is a 1.5% NSR on one of those two claims payable up to a maximum cap of $2.5 million to INCO. The shares issued to INV Metals are subject to a resale restriction until November 1, 2011.

The Lansdowne House Property ("the Property") is located approximately 80 km southwest of Noront Resources Ltd.'s Eagle One Discovery in Northwestern Ontario. It hosts an Ultramafic Complex, which contains a historic resource of 14.6 million tons grading 0.58% copper, 0.37% nickel and 0.03% cobalt plus significant associated Platinum Group Element ("PGE") values. Although the resource is viewed as reliable and relevant based on the information and methods used at the time they do not satisfy the requirements set out by National Instrument 43-101.  Neither Anglo Swiss nor its Qualified Persons have done sufficient work to classify the historic estimate as a current mineral resource and are not treating the historic estimate as a current mineral resource.  The historic resource should not be relied upon.

The Property consists of a single block of 66 contiguous unpatented mining claims accessible by winter roads, and float planes or helicopters. The area was first explored in the early 1900's and had steady exploration since the 1930's. Several generations of airborne geophysics were completed over the region. A total of 107 drill holes were drilled on the property; including 47 (5,389 meters) by INCO from 1970-74. The historic resources occur in seven gabbro-hosted lenses in the upper levels of the Ultramafic Complex and include higher-grade intersections, such as 0.94% copper and 0.78% nickel over 16.8 meters. Broad zones of anomalous PGE values were also encountered, including 1.13 g/t platinum over 24 meters and 0.31 g/t platinum over 229.8 meters.

There are a number of strong untested electromagnetic conductors at the base of the Ultramafic Complex.  The higher-grade copper-nickel-PGE deposits frequently are found at the base of ultramafic complexes, where the sulphide minerals settled and accumulated during cooling of the ultramafic sequence. Drilling of these basal conductors will be a priority for Anglo Swiss.

In addition to its copper-nickel-cobalt-PGE potential, the Property contains four surface gold showings along an east-southeast trending regional shear structure. The gold showings contained surface grab samples grading up to 23.8 g/t gold. The surface gold showings have never been drill tested. The Property also has the potential to host chromite, VMS base metal and vanadium-titanium mineralization.

The technical information herein was prepared under the supervision of Mr. Garry Clark, P. Geo., of Clark Exploration Consulting Ltd., a Qualified Person as defined by National Instrument 43-101.

About Anglo Swiss:
Anglo Swiss Resources Inc. is also advancing its flagship 160 sq. km, Nelson Mining Camp Project, which includes the 100%-owned Kenville Gold Mine. The property hosts numerous historical producing gold, silver and copper mines, surface adits, and old workings. This is the first time the extensive land package has been held by one operator. The Company has compiled the extensive data and is taking a systematic exploration approach to the entire area with a two-pronged exploration program which includes exploring around and to the south of the high-grade Kenville Gold Mine, as well as evaluating the vast new land holdings for additional economic precious metal and base metal deposits. Further information about the Company can be found at or at

Cautionary Note Regarding Forward-Looking Statements
Certain of the statements made herein may contain forward-looking statements or information within the meaning of Canadian securities laws. Such forward-looking statements or information include, but are not limited to, statements or information with respect to Anglo Swiss Resources' plan for future exploration and development of its properties. Forward-looking statements or information are based on a number of estimates and assumptions and are subject to a variety of risks and uncertainties, which could cause actual events or results to differ from those reflected in the forward-looking statements or information. Should one or more of these risks and uncertainties materialize, or should underlying estimates and assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements or information.  For example, there is no certainty, that any economically viable mineral deposit will be located on the Property. Accordingly, undue reliance should not be placed on forward-looking statements or information. Anglo Swiss does not expect to update forward-looking statements or information continually as conditions change, except as may be required by securities law.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Anglo Swiss Resources Inc.

For further information:

David Constable, Chief Executive Officer 

Tel: 905-681-7012

Natasha Blackburn, Vice President, Corporate Development
Tel: 1-855-683-0484

Chris Robbins, Vice President
Tel: 604-683-0484

Profil de l'entreprise

Anglo Swiss Resources Inc.

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