ANK:CC - Angkor Resources' Subsidiary, EnerCam Resources, Begins Environmental Impact Assessment
(TheNewswire)
GRANDE PRAIRIE, ALBERTA (March 18,2025) – TheNewswire- ANGKOR RESOURCES CORP.(TSXV: ANK) (“ANGKOR” OR “THE COMPANY”) announces its Cambodian subsidiary, EnerCam Resources Co.Ltd. Cambodia (“ECC”) is currently undertaking the EnvironmentalImpact Assessment (“EIA”) across Block VIII onshore oil and gaslicense.
The contract to complete the assessment for theMinistry of Environment (‘MoE’) is the first technical componentfor exploration of the 3729 square kilometers for oil and gasdevelopment. After negotiating with several environmentalconsulting companies for the past two months, ECC signed a servicecontract with a Cambodian-based environmental consulting company onMarch 13, 2025, two days following the notice from the RoyalGovernment of Cambodia to proceed on Block VIII.
Mike Weeks, President of ECC comments on the EIA:“The EIA is a credible document that positions the company with afavorable advantage:
a. The EIA gives all stakeholdersa baseline measurement for air, water, soil, flora & fauna beforeground-based activities begin.
b. The EIA provides a qualified,independent assessment on the targeted areas and any potentialsensitive issues.
c. The ECC team and the EIAconsulting team will spend considerable time with landowners toexplain what the assessment will measure in preparation for the nextactivities, so the consultants and EnerCam team members becomeinvolved in delivering part of the educational component for the oilindustry.”
The EIA team will be measuring air, water, and soilquality in the areas within the license as part of its criteria. Generally, these assessments take 2-3 months and ECC is taking stepsto lose no time so other activities can begin. Other research andanalysis of the existing data that does not require technical peopleon the ground continues and will be ongoing while the EIA isunderway.
Weeks continues, “We have done multiple EIAs on themineral properties and the finished document is generally 150-180pages and becomes a guide and reference on all environmental factorsin advance of working the license area. As well, the EIA allows usto educate the local communities about the industry, various steps wetake, employment opportunities, and helps manage expectationsregarding the upcoming activities.”
ECC expects that additional personnel from the GeneralDepartment of Petroleum and from the Ministry of Mines and Energy(MME) will be joining the team as they cover the license area. Multiple meetings with different communities will take place over thecoming weeks.
Following the EIA, the Company plans to completeseismic over 350-line kilometers, which additional technical personnelfrom ECC have been working on for the past two months.
Figure 1 One of many meetings betweenEnerCam staff and community / village authorities in the Block VIIIarea to review the activities and timelines for oil and gasexploration.
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’s mineral subsidiary, AngkorGold Corp. in Cambodia holds three mineral exploration licenses inCambodia and its Cambodian energy subsidiary, EnerCam Resources, wasgranted an onshore oil and gas license of 7300 square kilometers inthe southwest quadrant of Cambodia called Block VIII. Since 2022,Angkor’s Canadian subsidiary, EnerCam Exploration Ltd., has beeninvolved in gas/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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