Anchor Resources to follow drill success with resource update September 15, 2009

Anchor Resources Ltd (ASX: AHR) has commenced resource re-estimation and re-modeling studies following its successful resource expansion drilling program at the Wild Cattle Creek antimony deposit.

Highlights:

• Latest results extend mineralisation down plunge
• All holes in program intersected the targeted stibnite zone
• Additional broad intervals of antimony-gold-tungsten mineralisation encountered
• Drilling demonstrated excellent continuity of the Wild Cattle Creek deposit
• The deposit remains open

Managing Director, Trevor Woolfe, commented “The success of our Wild Cattle Creek resource expansion drill program naturally leads to a resource re-estimation to evaluate the extent of new antimony-tungsten-gold resources to be added to the inventory. Three dimensional modelling will also aid planning for the next drilling campaign.”

Click here to view the full announcement.

For more information, contact:

Trevor Woolfe (Managing Director)
Anchor Resources Limited
Office: Suite 404, 25 Lime St, Sydney, NSW 2000
Phone: +61 2 9279 1231
Fax: +61 2 9279 2727
www.anchorresources.com.au