VANCOUVER, BRITISH COLUMBIA -- (MARKET WIRE) -- 06/07/2006 -- Anglo Swiss Resources Inc. (TSX VENTURE: ASW)(OTCBB: ASWRF)(BERLIN: AMO) reports that the initial 2006 airborne geophysical survey of the eastern portion of the 91,856 acre Fry Inlet Property, Lac de Gras, NWT, has been received and reviewed by the Company. Fugro Airborne Surveys Corp. of Mississauga, Ontario, conducted the 1,695 line-kilometre survey with multi-channel electromagnetic and high-sensitivity magnetic geophysical measurements taken along parallel flight lines (100 meters), every 4 meters along the survey lines.

A preliminary appraisal of the results of the survey has been undertaken by the Company's technical staff. This review has successfully identified numerous magnetic/electro-magnetic anomalies with characteristics similar to the geophysical signatures generated by known kimberlites in the area. This portion of the Fry Inlet Diamond property contains the LI-201 kimberlite, which was determined to be significantly diamondiferous during early stage exploration drilling performed in 1997 by Kennecott Canada Exploration Inc.

More importantly, the anomalies occur in a cluster-like assemblage near the major regional NW dyke swarm which transects the Lac de Gras region and lie within the "Corridor of Hope" the host area to Canada's first two diamond mines. Anglo Swiss has submitted the results for further, detailed analysis by qualified, independent geophysicists who will prioritize the anomalies for follow up exploration. The geophysical recommendations will assist Anglo Swiss in selecting drill targets for the next phase of exploration.

Anglo Swiss' exploration strategy is to utilize current technology with the extensive geological knowledge base available within the Lac de Gras region to further improve the rate of discovery of new kimberlites within the Company's 170,000 acres of claims. The Fry Inlet property is an option/joint venture between Anglo Swiss Resources (60%) and New Shoshoni Ventures (40%) (See N.R. June 25, 2005).

The Company has a majority interest in 4 distinct properties of merit as it works towards establishing itself towards the discovery of the next diamond mine within the Lac de Gras region of the NWT. In light of the close proximity to producing diamond mines, the presence of numerous diamondiferous kimberlites and kimberlite indicator minerals, management is of the opinion that these claims are highly prospective for the further discovery of diamonds.

On behalf of the Board,

Len Danard, President & CEO

The company relies on litigation protection for "forward looking" statements.

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