Vancouver, British Columbia (TSX Venture: ASW) (OTCBB: ASWRF) (BERLIN: AMO), January 31, 2008, 6:00am PST – Anglo Swiss Resources Inc. (”Anglo Swiss”) reports
today that numerous high-grade gold, copper and silver grades have been
identified in the 2007 diamond drill program on the Kenville Mine
property, located immediately west of Nelson, BC.

The most significant results of the 2007 Phase
One drill program are 1) the confirmation of the geophysical model for
a significant copper/gold porphyry zone and 2) the identification of
the Eagle Vein, a high-grade gold quartz vein within the porphyry
system.

The Eagle Gold Vein is situated within the
western portion of the property, underlying the porphyry system. The
vein system has an indicated strike length of 150 meters open to the north, south and to depth with variable widths of 0.8 meters up to 7.5 meters. The Eagle vein has assayed at 82.15
g/t gold (2.4 oz/T Au) over 0.30 meters or 1.0 feet*, 42.0 g/t gold
(1.225 oz/T Au) over 0.8 meters (2.6 feet) and 14.96 g/t gold (0.43
oz/T Au) over 1.4 meters (4.5 feet).  The Eagle vein
system consistently carries very strong values in copper, gold and
silver, often with associated bismuth, lead and locally molybdenum and
tungsten.

* Historical Result from Teck - Drill hole TK95-05

2007 Drill Program Highlights (full results below)

Sampled intervals in AK07-01 assayed an average grade of 0.22 % copper and 0.207 g/t gold over an 11-meter interval.

AK07-02 sampled intervals containing anomalous copper between 0.13% to 1.5% copper and 0.055 g/t to 0.63 g/t/  gold over
0.6 meter to 2.2 meter sample intervals. Visible gold specs were
located in a 4-centimeter quartz vein, in which an assay value of 2.1 g/t gold was returned across 0.5 meters.

AK07-03 contained an assayed weighted average grade of 0.21% copper and 0.257 g/t. gold over a 5.8-meter interval.

AK07-04 contained a 12.45-meter interval grading  0.258% copper and 0.1 g/t gold and another high grade interval assaying 42.0 g/t gold (1.225 oz/T Au), 0.22%  copper and 52.0 g/t silver (1.52 oz/T Ag) over 0.8 meters.

AK07-05 contained two intervals assaying 16.6
g/t gold (0.484 oz/T Au), 0.79% copper and 34.1 g/t silver (0.994 oz/T
Ag) over 1.2 meters and 14.96 g/t gold (0.43 oz/T Au), 0.38% copper and
30.1 g/t silver (0.88 oz/T Ag) across 1.35 meters.

The confirmation of
the copper/gold porphyry system which extends over 1000 meters
north/south and the high-grade Eagle gold vein enforces the excellent
exploration potential of the Kenville Mine property. Both targets are
situated within a small area (20%) of the overall property and are open
to strike length and depth extensions.

The Eagle vein
system can be followed along strike for at least 150 meters, with the
vein system open to the north, the south and to depth. The 2008 drill
program will thoroughly test both the copper/gold porphyry zone and the
Eagle vein system to determine its overall strike extent to surface and
the down-dip potential.

The Kenville drill program was carried out
throughout the month of October, 2007 and consisted of 5 diamond drill
holes producing 1364.9 meters or 4478 feet of NTW size drill core (56
mm or 2.2” diameter core). Drilling comprised a very small area within
the porphyry system on the Kenville mine property and has successfully
confirmed the geophysical model of a significant copper/gold porphyry
system.

As a result of these highly encouraging
results, management will employ two drill rigs to carry out its 10,000
meter 2008 spring drill program. Due to the high grade gold results the
Eagle vein is now considered a priority exploration target for the 2008
exploration program.

The presence of numerous intervals of
widespread prospective copper mineralization with associated gold and
silver values within a large body of diorite intrusive rock suggests a
typical environment for the emplacement of a classic alkaline porphyry
deposit. The continued exploration for an economic body of
porphyry-style mineralization is a priority focus for the upcoming 2008
field season. A large body of widespread mineralization is indicated on
the Kenville property by recently determined Induced Polarization (IP)
targets and coincident geochemical soil anomalies.

Technical Drill Results

Drill hole AK07-01,
located on grid line 2500N, contained localized concentrations of
disseminated chalcopyrite throughout the upper portion of the drill
hole to approximately 25 meters or 82 feet. More widespread localized
concentrations of disseminated chalcopyrite were found throughout the
interval from approximately 145 meters to 215 meters (70 meters/ 229’),
with an 11-meter interval (160.0 to 171.0m or 11m/36’) having an average grade of 0.22 % Copper and 0.207 g/t Gold.
This drill hole may have been inadvertently drilled short of reaching
the Eagle vein system, which was intersected in nearby drill holes
AK07-04 and AK07-05.

Drill hole AK07-02,
drilled from the same location as AK07-01, tested a zone of low
chargeability, initially interpreted as a possible alteration zone.
This drill hole contained erratic concentrations of disseminated
chalcopyrite to approximately 73.5 meters (241’) depth in the hole,
with sampled intervals varying between 0.13% Copper to 1.5% copper and 0.055 g/t to 0.63 g/t Gold. Visible gold specs were located in a 4-centimeter (1.6”) quartz vein at 181.0 meters, in which an assay value of 2.1 g/t Gold was returned across 0.5 meters (1.6’).

Drill hole AK07-03,
located 180 meters (426’) west of drill hole AK07-01 and AK07-02 was
drilled to test a separate zone of IP chargeability, from the zone
tested by AK07-01. Drill hole AK07-03 contained a well-defined zone of
conspicuous silica alteration throughout the upper part of the drill
hole, with abrupt termination of alteration at 89.7 meters (293’).
Sporadic concentrations of pyrite and chalcopyrite were found
throughout the alteration zone, with strongest mineral concentrations
occurring between 44.7 to 73.5 meters (146’ to 240’).  Within this
mineral zone, a 5.8-meter interval (49.3 to 55.1m / 161.7’ to 180.7’/19.0’) returned a weighted average grade of  0.21% Copper and 0.257 g/t Gold.

In drill hole AK07-04,
drilled on line 2600N, a strong zone of pervasive silicification occurs
from 164.0 to 205.4 meters (41.4 m/ 136’), containing variable
concentrations of disseminated chalcopyrite and pyrite. Within this
silicified zone a 12.45-meter interval (165.3-177.75m or 540’ to 581’ for 41.0’) graded 0.203% Copper and 0.104 g/t Gold (0.30 oz/T Au) , which included the interval 165.3m to166.73m (1.43m or 4.67’), which returned 0.9 % Copper, 0.335 g/t  Gold and 14.9 g/t Silver (0.43oz/T Ag).

A
strong zone of mixed silicification and multiple quartz veining
interpreted as part of the Eagle vein system was encountered from
288.65 meters to 296.1 meters for 7.45 m (947’to 971.45’ / 24.4’).
Within this zone are found locally strong quartz vein hosted clots of
pyrite, chalcopyrite with minor galena.  A weighted average across
7.45-meters from 288.65 to 296.1m (943’to 968’/ 25’) throughout the Eagle vein zone, resulted in average weighted values of 5.615
g/t gold, 0.1 % copper and 7.57 g/t silver. Within this interval a 0.8
meter section (2.6‘) returned a spectacular assay value of 42.0 g/t
Gold (1.225 oz/T Au), 0.22% Copper and 52 g/t Silver (1.52 oz/T Ag).

Drill hole AK07-05,
was drilled from the same location as AK07-04, but at a steeper dip
angle. The hole was drilled to compare the disseminated style of
mineralization seen in drill hole AK07-04 and also to obtain
orientation and sampling information for the down-dip extension of the
Eagle vein intercept as found in drill hole AK07-04.  Drill hole
AK07-05 did not contain extensive zones of disseminated copper
mineralization as seen in drill hole AK07-04, but contained the
strongly mineralized (pyrite, chalcopyrite, trace galena) Eagle quartz
vein system.

Drill
hole AK07-05 contained two intervals of high-grade mineralization
related to the Eagle vein system. The 1.2- meter (3.9’) interval from
279.8 m to 281.0 m (918’to 921.9’) returned 16.6 g/t Gold (0.484 oz/T Au), 0.79% Copper and 34.1 g/t Silver (0.994 oz/T Ag) and is interpreted as a branch of the main Eagle vein system. The main mineralized segment of the Eagle vein in AK07-05 assayed 14.96
g/t Gold (0.436 oz/T Au), 0.38% Copper and 30.1 g/t Silver (0.88 oz/T
Ag) across 1.35 meters from 291.7 meters to 293.05 meters (4.4’from
957’to 961.4’).

Both
of the Eagle vein intercepts in both AK07-04 and AK07-05 are considered
to be close to true-width intervals as the veins were intersected at
near right angles (90 degrees) to the dip of the vein(s).

______________________________________________________________________________

The following table summarizes some of the more favorable analytical results returned from the 2007 Kenville drill program: