Anchor Resources Ltd (ASX code: AHR) is pleased to provide its March quarter activities report, which includes recent progress and near term drilling plans at key projects, as well as an update on the status of the unsolicited takeover bid by China Shandong Jinshunda Group Co Ltd, - which the Board believe continues to undervalue the company�s assets as it currently stands, as outlined in the attached pdf released on the ASX earlier today.

Further details of Anchor�s recent ASX releases and company information is available on the company website at http://www.anchorresources.com

Alternatively contact us in Sydney on 02 9279 1231

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Kind regards,

Grant Craighead

Chief Executive Officer

Anchor Resources Limited  (ACN 122 751 419)