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home / news releases / ANK:CC - Trenching Underway to Test High Grade Gold Targets at Andong Meas


ANK:CC - Trenching Underway to Test High Grade Gold Targets at Andong Meas

(TheNewswire)

GRANDE PRAIRIE, ALBERTA – TheNewswire - (February 9, 2023): Angkor Resources Corp.(TSXV:ANK ); ( OTC:ANKOF) (“Angkor” or the“Company”) announces its trenching programon selected targets at Wild Boar prospect of the Andong Measconcession.

Previously, flat lying quartz vein s float were discovered to a depth of 1.0meters within this Induced Polarization (IP) anomaly which grade up to25.16 gpt Au (grams per tonne of gold).  I nitial assays from the Wild Boar prospect expanded thenear-surface gold anomaly to 1.5 by 1.2 kilometres with up to 25.6 gptAu from assayed vein samples on the 100%-owned Andong Measlicense.

A sample of rock mineral extractedfrom the Wild Boar trench site

The mineralization appeared in clusters with the bestcluster consisting of 7 adjacent samples ranging from 5.6 gpt Au up to25.6 gpt Au over a width of about 12 meters. The quartz vein float pieces, being resistant to weathering,are remnants of veinsweather ed out of the bedrock and haveaccumulated near surface by thisaction .

A program consisting of three trenches totalingapproximately 90 line-meters is underway.  Each trench is being dugto at least 30 meters in length, 3 meters in width, and 2.6 metersdeep.  Although still near surface, this wouldallow the company to identify and evaluate grades at greater depth topotentially determine the source of the anomaly as compared to theshallow pits conducted in the past, which were limited to a depth of1.5 meters.


Click Image To View Full Size

Sampling over a square meterincluding chips above will provide a representative analysis of whatappears between 1.0 meter and 2.0 meter

The follow-up trenching program, along with the groundmagnetics, will be of great help to refine drill targets in Wild Boarexpected to be drilled this year.  The trenching targets were placedon the previously identified ground IP anomaly characterized by highresistivity flanked by moderate chargeability interpreted to be thatof an intact epithermal mineralization system .  Samples will be panned at A ngkor facilities as part of standard analysisand a duplicate sample sent to ALS for independent assay.


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Angkor geologistidentifies the start of change of structure in the trench wall

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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 carboncapture and gas conservation project in Saskatchewan, Canada provesits long-term commitment to Environmental, Social, and Governanceprojects across expanding jurisdictions and becomes the firstrecurring revenue for the Company.

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.

Copyright (c) 2023 TheNewswire - All rights reserved.

Stock Information

Company Name: Angkor Resources Corp.
Stock Symbol: ANK:CC
Market: TSXVC
Website: angkorgold.ca

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