ANK:CC - Angkor Resources Commences Drilling at Andong Meas Wild Boar Prospect, Cambodia
(TheNewswire)
GRANDE PRAIRIE, ALBERTA (February 20,2025) – TheNewswire – ANGKOR RESOURCES CORP. (TSXV: ANK)(“ANGKOR”)
commenced diamond drilling with our partners B.S.N.Ratanak Sambath Co. Ltd. on the Wild Boar prospect of the Andong Meastenement in Ratanakiri Province. The drill program initially will bethree 200-meter holes and one 100-meter hole.
Drill locations were selected to test the recentmagnetics completed and high-grade surface samples found across theanomaly plus the trenching program of 2023. The prospect hadsignificant results from float samples ranging up to 70 grams pertonne of gold across an area roughly one kilometre from north to southand 500 metres wide. (see map on following page)
Technical teams brought the drilling rig into theprospect last week and the logistics team completed meetings with thesurrounding landowners to explain the next steps and arrangecompensation for any crop damage from the drilling activities.
Drilling on the Wild Boar prospect is expected to takeseveral weeks to complete. The license has several gold prospectsand several copper/gold porphyry systems including Canada Wall, SouthCreek, and Gossan Hills which are targeted for drilling following WildBoar.
The Company also announces that it has granted anaggregate of 1,700,000 options (" Options ") toconsultants of the Company’s energy subsidiary, EnerCam ExplorationLtd. with such Options being exercisable at an exercise price of Cdn$0.10 per common share for a period of twelve months ending February22, 2026.
The options are granted under the terms and conditionsof the Company’s stock option plan. Thecontractors are working on the Cambodian Block VIII onshore projectand Canadian opportunities that may arise from time to time.
Disclaimer: B y their nature, rockand float samples are selected samples and may not representunderlying mineralization.
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 Canada and Cambodia. ANGKOR’s carbon capture and gasconservation project in Saskatchewan, Canada is part of its long-termcommitment to Environmental and Social projects and cleaner energysolutions across expanding jurisdictions. The company holds three mineral explorationlicenses in Cambodia and its Cambodian subsidiary, EnerCam Resources,was granted an onshore oil and gas license of 7300 square kilometersin the southwest quadrant of Cambodia. Since 2022, Angkor’sCanadian subsidiary, EnerCam Exploration Ltd., has been involved ingas/carbon capture and oil and gas production in Evesham,Saskatchewan.
CONTACT: DelayneWeeks - CEO
Email: info@angkorresources.com Website: angkor resources.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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