ANK:CC - Angkor Resources Advances Exploration at Andong Bor Cambodia
(TheNewswire)
GRANDE PRAIRIE, ALBERTA – TheNewswire - (February 28, 2023) - Angkor Resources Corp. (TSXV:ANK ) and ( OTC:ANKOF) (“Angkor” or the “Company”) a nnounces the commencement of the Company’sexploration on the Andong Bor copper gold porphyry property.
Previously, the Company confirmed a copper goldporphyry system on the Thmei North prospect with similar results onthe Thmei South prospect. Angkor has strategically aligned with privateCanadian company CANbodia Copper Corp. (CCC) tofund, explore and develop the Andong Bor license. ANGKOR ACQUIRES ANDONG BOR COPPERLICENSE AND ANNOUNCES STRATEGIC ALLIANCE |(angkorresources.com) Terry Lyon, InterimCEO of CCC , comments “Copper and gold remainkey minerals of global demand, and we are very excited to work withAngkor and advance this project towards what we believe may be aprecedent-setting discovery for copper gold in Cambodia.”
Dennis Ouellette VP of Exploration adds, “ Thiscontinuing exploration is to follow-up on the previously announcedhigh-grade copper drill intervals and leads usto build solid value, define a resource, and prove a world-classprojects in Cambodia.”
Copper mineralization is within veins, stockworks, anddisseminations in intrusive “crowded porphyry” rock as well as themudstone wall rock.
The program, initiated in February following theEnvironmental Impact Assessment, started with expanding the existingsoil sampling program to the southern boundary of the property. Thiswill consist of approximately 340 auger soil samples and is expectedto take about six weeks to complete.
The previous wide spaced soil sampling program producedthe sizable Thmei North and Thmei South soil copper and goldanomalies, approximately 500 meters by 500 meters each. The ThmeiSouth anomaly is open to the south which iswhere this season’s soil sampling program is starting. Thesamples will be analysed by the Company’s portable XRF at itsfacility in Banlung, Ratanakiri province. Selected samples will beforwarded for verification and further gold analysis to ALSlaboratory.
As well, the samples will be analysed for clayalteration using the Company’s TerraSpec mineral spectrometer toidentify pathfinder minerals related to copper porphyry alteration.
When the regional soil survey is completed, it isanticipated that a tighter in-fill soil survey will be undertaken overselected targets on the Thmei North and Thmei South prospects toprovide additional data within the wide spaced soil anomalies.
The license is due west of Ratanakiri province andstraddles the Oddar Meanchey and Banteay Meanchey provinces.
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QUALIFIEDPERSON
Dennis Ouellette, B.Sc., P.Geo., is amember of The Association of Professional Engineers and Geoscientistsof Alberta (APEGA #104257) and a Qualified Person as defined byNational Instrument 43-101 (“NI 43-101”). He is the Company’s VPExploration on site and has reviewed and approved the technicaldisclosure in this document.
ABOUT ANGKOR RESOURCESCORPORATION:
Angkor Resources Corp. is a publiccompany, listed on the TSX-Venture Exchange, and is a leading resourceoptimizer in Cambodia working towards mineral and energy solutionsacross the country. The company holds multiple mineral explorationlicenses in the country and in late 2022, its subsidiary, EnerCamResources, was granted an onshore oil and gas license of 7300 squarekilometers in the southwest quadrant of Cambodia. Angkor’s carbon captureand gas conservation project in Saskatchewan, Canada proves itslong-term commitment to Environmental and Social projects acrossexpanding jurisdictions.
ABOUT CANBODIA COPPER CORP.:
CANbodia Copper Corp. is a private Canadian companywith dynamic executive leadership and expertise in mining projects,copper mineralization’s and corporate finance. To date, CANbodiahas been funded by a core group of shareholders, inclusive offinancial support from its board of directors. CANbodia has strategically alignedwith Angkor to fund, explore and develop the Andong Bor license. www.canbodiacopper.com
CONTACT:
Delayne Weeks -CEO
Email: info@angkorresources.com Website: angkorresources.com Telephone: +1 (780)831-8722
Please follow @AngkorResources on , , , Instagram and .
Neither TSX VentureExchange nor its Regulation Services Provider (as that term is definedin the policies of the TSX Venture Exchange) accepts responsibilityfor the adequacy or accuracy of this release.
Certain information set forth in thisnews release may contain forward-looking statements that involvesubstantial known and unknown risks and uncertainties. Theseforward-looking statements are subject to numerous risks anduncertainties, certain of which are beyond the control of the Company,including, but not limited to the potential for gold and/or otherminerals at any of the Company’s properties, the prospective natureof any claims comprising the Company’s property interests, the impact of generaleconomic conditions, industry conditions, dependence upon regulatoryapprovals, uncertainty of sample results, timing and resultso f future exploration, andthe availability of financing. Readers are cautioned that theassumptions used in the preparation of such information, althoughconsidered reasonable at the time of preparation, may prove to beimprecise and, as such, undue reliance should not be placed onforward-looking statements.
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