▲ 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.
• First round of drilling was completed June 2008 and Anchor was successful in making a new gold-copper discovery at the Clayholes Dam prospect