ANK:CC - Angkor Resources Defines Drill Targets on Wild Boar Prospect
(TheNewswire)
GRANDE PRAIRIE, ALBERTA – TheNewswire - (October 18, 2023) Angkor Resources Corp. (TSXV:ANK ) and ( OTC:ANKOF) (“Angkor” or the “Company”) a nnounces drill targets defined on the WildBoar gold prospect. A drilling program is planned to start in earlyDecember after rains sufficiently subside.
Dennis Ouellette, VP Exploration summarizes, “Very solid assayresults indicate a large anomoly across an area roughly 2 kilometreslong by 1.5 kilometres wide. Grab samples from the geophysicalanomaly shown on the map below clearly defines a north-south targetfor a drill program in the coming months.” Ouellette continues,“The low sulphidation model of epithermal veins have an increase insulphide content with depth and growing proximity to the ‘boiling,breccia area’ which usually hosts high grade ‘bonanza’ styles ofgold mineralization. The Wild Boar target area shows an increase inchargeability below 185 meters. Drilling through the thin resistivezones at depth should prove the deposit model.”
The Wild Boar is an epithermal gold target of the lowsulphidation variety. An induced polarization survey was completedover the main target area. The survey revealed two thin, north tosouth trending zones of moderate resistivity with zones of low tomoderate chargeability on their east and west flanks. Thechargeability anomaly increases in intensity with depth. This profileis consistent with epithermal veins or vein swarms within a silicaaltered zone with possible pyrite altered areas on the flanks. Adeep trenching program followed in the concentrated map areas betweenlines 6 and lines 9 to provide more data and analysis.
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 subsidiary, EnerCam Resources, wasgranted an onshore oil and gas license of 7300 square kilometers inthe southwest quadrant of Cambodia.
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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