VANCOUVER, June 16, 2011 /PRNewswire/ – Anglo Swiss Resources Inc. (ASW:TSX-V, ASWRF:OTCQX) (“Anglo Swiss” or “the Company”) is pleased to announce the purchase of
a 100% interest in the Lansdowne House Property from INV Metals Inc.
for common shares of Anglo Swiss equal to $1,466,360. The number of
common shares to be issued will be determined by the volume weighted
average price of the common shares over a five-day trading period
ending on the date that is two business days prior to the closing of
the transaction. The purchase is subject to TSX-V approval and is
expected to close on or about June 30, 2011.

The Lansdowne House Property is located approximately 80 km southwest of
Noront Resources Ltd.’s Eagle One Discovery, in Northwestern Ontario.
The Lansdowne House Property 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. This historic resource estimate was not compiled within the definitions
and standards outlined in National Instrument 43-101, and the Company
cautions that this resource estimate cannot be relied upon.

Dave Constable, CEO of Anglo Swiss stated that, “The Lansdowne House
Property has a historic copper-nickel-cobalt-PGE resource and a modern
airborne survey has defined strong untested conductors at the base of
the Ultramafic Complex. The Lansdowne House Property also contains four
surface gold showings along a seven kilometre-long regional shear and
has potential for chromite, base metal and vanadium-titanium
mineralization. Together with our expanded Kenville Property in the
Nelson, B.C. area, Anglo Swiss is building a diverse exploration asset
portfolio.”

The Lansdowne House Property (“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.

FNX Mining Company Inc. (“FNX”) acquired the Property through their 2005
purchase of Aurora Platinum Corp. Subsequently FNX flew an airborne
electromagnetic and magnetic survey over the Property, which detected
strong untested 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 Lansdowne House Property also has the potential to host chromite,
VMS base metal and vanadium-titanium mineralization.

Quadra FNX Mining Ltd. (“Quadra FNX”) holds a back-in right on the
Property triggered by either a positive feasibility or a production
decision. Anglo Swiss is in negotiation with Quadra FNX to convert
their back-in right to a future equity interest in Anglo Swiss, but
that agreement has not been executed yet and there is no assurance that
the agreement will be executed. The claims are subject to a 1% NSR (net
smelter royalty) payable to INV Metals Inc. except for 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 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 exploring 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 www.anglo-swiss.com or at www.sedar.com.

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.