Greenvale East Qld
▲ Greenvale East EPM14646 - northeast of Greenvale, Qld
· 100% owned by Anchor Resources
· At least 14 areas of known mineralisation including gold, tin and tungsten
· Anchor Resources has identified an extensive, unexplored alteration system around historical surface tin workings
· Also identified is a magnetic anomaly coincident with previous gold workings
· Use geological mapping, geophysics and geochemistry to prioritise, then drill targets
· In August 2007, Anchor Resources was successful in obtaining a grant from the Queensland Department of Mines and Energy via its “Collaborative Drilling Initiative” in which it will provide $51,000 of funding (on a 50:50 basis) towards drilling of this highly prospective coincident gold and magnetic anomaly.
· Drilling commenced 26 May 2008
