High grade antimony and tungsten discovery
THURSDAY, 3 JUNE 2010
Anchor Resources Ltd (ASX code: AHR) is pleased to announce that a new high grade antimony/tungsten shoot has been discovered parallel to the Wild Cattle Creek deposit in northeastern NSW. In addition, further successful results have been achieved on the main breccia zone.
- New high grade shoot
► Hole 10WRD16 intersected 1.4m at 17.1% Sb and 2.2% WO3
► Hole 10WRD16W intersected 2m at 14.5% Sb and 1.1% WO3
- Main breccia zone
► Hole 10WRD17 intersected 8m at 2.8% Sb
- The drill program is now complete with twelve holes drilled
- Assays from final holes still pending
- Antimony price remains at record highs
Managing Director, Trevor Woolfe, commented “A high grade antimony/tungsten shoot has been intersected approximately 35 metres to the north of the Wild Cattle Creek main breccia zone. It is open at depth and along strike to the west. Anchor is encouraged that this may be the beginnings of a rich new additional resource.”
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