cnw


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 on our website or on sedar.


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.




For further information:

David Constable, Chief Executive Officer 
 Tel: 905-681-7012 
bythebay@sympatico.ca

Natasha Blackburn, Vice President, Corporate Development Tel: 1-855-683-0484
 Natasha@anglo-swiss.com

Chris Robbins, Vice President Tel: 604-683-0484 chris@anglo-swiss.com