🕐24.11.09 - 05:30 Uhr

Anchor Resources (AHR) - Antimony resource announced




Anchor announces antimony resource More drilling planned MONDAY, 23 NOVEMBER 2009
Anchor Resources Limited (ASX Code: AHR) is pleased to announce that the resource estimation for the Wild Cattle Creek antimony deposit, following Anchors maiden drilling program, is now complete.

Additional drilling is now being planned to enhance and expand this resource. Highlights
* Current resource of 17,500t of contained antimony metal (at 0.5%Sb cut-off) * Anchor drilling extended the main zone resource >120m down plunge * Further data is required to incorporate gold-tungsten into main zone resource * New antimony-tungsten peripheral stringer mineralisation not yet included * Planning of next drill phase is well advanced
Managing Director, Trevor Woolfe, commented that "The antimony resource resulting from our recent drilling program provides a strong base for further resource expansion drilling in the New Year.

Additional work will also be done to quantify the economic potential of antimony-tungsten-gold mineralisation within, and adjacent to, the main zone."
For details of the ASX release, please refer to the attachment or visit our website.
For further information contact Anchor Resources Limited in Sydney on 02 9279 1231. To be removed from the Anchor Resources distribution list please reply to this message with "unsubscribe" in the title box.


Kind regards,
Trevor Woolfe Managing Director Anchor Resources Limited (ACN 122 751 419)
Office: Suite 404, 25 Lime St, Sydney, NSW 2000 Postal: PO Box H116, Sydney NSW 1215 Phone: +61 2 9279 1231 Fax: +61 2 9279 2727 www.anchorresources.com.au



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