Anchor Resources is a mineral explorer with a diversified portfolio of highly prospective projects located throughout New South Wales and Queensland. This portfolio provides exposure to a broad range of commodities including gold, antimony, copper, and uranium, as well as other base metals. Exploration has been in progress since 2005 and an antimony resource with possible gold credits has already been outlined at our 100% owned Bielsdown project. The value of this resource is enhanced by the strength of the global antimony price over past years (see graph on Bielsdown Project page).

Anchor Resources is Sydney based and its experienced management team have considerable expertise and global experience in exploration, mining, finance and stockbroking. Our strategy is to identify mineral properties of high potential in which specific prospects can be quickly advanced in a cost effective manner. This includes attracting joint venturers to introduce specialist technical expertise and share risk.

Company Update - following the listing of Anchor Resources on the Australian Securities Exchange (ASX) in July 2007, exploration activities have accelerated with:

• soil and rockchip sampling at the Chillagoe uranium project in northern Queensland;
• re-logging and sampling of old core from the Bielsdown antimony project;
• RC drilling at the Blicks project (gold and copper) May-June 2008;
• completion of an airborne geophysics survey at the Birdwood copper-gold-molybdenum project;
• grant of two new ELs (Canonba/Collaroy) near Nyngan, with excellent copper-gold potential;
• mapping and sampling of gold, tin and tungsten targets at the Greenvale East project;
• RC drilling at Clayholes Dam - Greenvale East gold project late May 2008;
• application for two new ELs (Thunderbolts/Munga) near Hillgrove, with excellent antimony potential.

View Anchor’s reports and ASX announcements for results and exploration progress.

Anchor Board - G Craighead (Exec Director), G Fallon (Non Exec Director) and T Woolfe (Managing Director)