ANK:CC - Angkor Resources Celebrates Three Years Precedent ESG Agreement with Indigenous Communities on Gold Projects Cambodia
(TheNewswire)
GRANDE PRAIRIE, ALBERTA (May 1, 2024)- TheNewswire : ANGKOR RESOURCES CORP. (TSXV: ANK and OTCQB: ANKOF) (“ANGKOR ” or the “Company”) announces the third-year completion andcelebration of Cambodia’s first national agreement with IndigenousCommunities in Ratanakiri in the extractive sector. The agreementrepresents leading Environmental, Social, Governance (“ESG”)practices undertaken by Angkor across its projects.
The agreement is the first of its kind in Cambodia –a national template between industry and Indigenous Communities thatis long-term and covers all areas of development from prospectingthrough exploration, development, mining, and reclamation. Theagreement between Angkor and Jarai communities in the Wild BoarProspect area covers topics including clean water and sanitationsolutions, health care, and economic development opportunities.
Wild Boar Prospect with multiple surface samples with gold from 2.32 to70.7 grams per tonne(“gpt”) of gold (“Au”) is one of the prospects in theagreement area. Local community members become part of the team inactivities undertaken on their lands.
At the request from the communities, Angkor also workedwith Advanced Bank of Asia (ABA) to undertake projects to identifymicro-finance exploitation that had become rampant and devastating tocommunities.
Delayne Weeks, CEO comments, “We have some great goldand copper mineral projects in the area, and it has always been partof our philosophy to listen to their needs and work side by side withthe local people who live on those lands. We believe it is anecessary component to long-term success in discovery and productionof projects and we all win when we include the needs of everyone inthe solutions and outcomes. We are immensely proud of this as aprecedent in Cambodia; the past three years have progressed smoothly,without any conflict because we are all involved in thesolutions.”
Communities are members of the Jarai tribe, includingsix villages, many farms, and their communal lands cover an area offorty square kilometers across the Andong Meas exploration license of118 square kilometers. In the past two months, additional Jaraicommunities in other areas have requested that Angkor consider similaragreements for and with their communities as well.
Celebration activities included updates for allcommunity members, a tribute to community land and local foodproduction.
The celebration took place in the shady areas of thesurrounding forest to accommodate the sweltering +40C temperaturesprevailing across Southeast Asia currently.
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 working towards mineral and energy solutions across Canadaand Cambodia. Angkor’s carbon capture and gas conservation projectin Saskatchewan, Canada is part of its long-term commitment toEnvironmental and Social projects and cleaner energy solutions acrossexpanding jurisdictions. The company holds three mineral exploration licenses inCambodia, Andong Meas license and Oyadao North license in RatanakiriProvince and Andong Bor license straddling Oudar Meanchey and BanteayMeanchey Provinces. Angkor’s subsidiary, EnerCam Resources, wasgranted an onshore oil and gas license of 7300 square kilometers inthe southwest quadrant of Cambodia.
CONTACT: DelayneWeeks - 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.
The information in this pressrelease contains certain forward-looking statements, including withinthe meaning of applicable securities laws. These statements relate tofuture events or our future intentions or performance. All statementsother than statements of historical fact may be forward-lookingstatements. Forward-looking statements are often, but not always,identified by the use of words such as “anticipate”,“continue”, “demonstrate”, “expect”, “may”, “can”,“will”, “believe”, “would” and similar expressions andinclude statements relating to, among other things, Angkor’sposition, strategy and development plans and the benefits to bederived therefrom; theCorporation’s anticipated annual production growth and annualcapital spending for the next three years; that the focus of theCorporation’s development activities during the remainder of 2023;expectations of when the transaction is completed; the anticipatedfocus of Angkor’s operations in 2024; the Corporation’santicipated 2024 average production; and the Corporation’sexpectations that it will continue to deliver clean, reliable,sustainable energy, contributing to a reduction in global emissions bydisplacing high-carbon fuels. Angkor’s actual decisions, activities,results, performance or achievement could differ materially from thoseexpressed in, or implied by, such forward-looking statements andaccordingly, no assurances can be given that any of the eventsanticipated by the forward-looking statements will transpire or occuror, if any of them do, what benefits that Angkor will derive fromthem.
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