Angkor Resources' Subsidiary Completes Environmental Impact Assessment for Block VIII Drilling Program, Cambodia

(TheNewswire)

GRANDE PRAIRIE, ALBERTA –TheNewswire - May 19, 2026 - ANGKOR RESOURCES CORP.(TSXV: ANK) (“ANGKOR” OR “THE COMPANY”) announces that its Cambodian energy subsidiary, EnerCamResources Co., Ltd. (“EnerCam”), has completed the EnvironmentalImpact Assessment (“EIA”) covering the proposed drill target areason the Block VIII onshore oil and gas concession in southwestCambodia. The 289-page report has been formally submitted toCambodia’s Ministry of Environment for review and approval.

The EIA was prepared by Green Assessment, aCambodian-based environmental consulting firm, and was conducted onthe specific drill target areas identified within four sub-basins ofBlock VIII: Bokor South, Bokor Central, Bokor North, and Kirirom. TheAssessment integrates baseline studies of surface and groundwater,soils, air quality, biodiversity, socio-economic conditions, andcommunity consultation, together with proposed mitigation andmonitoring measures consistent with Cambodian regulatory requirementsand international good practice.

The drill targets covered by the EIA were definedfollowing final interpretation of EnerCam’s 350-line-kilometre 2Dseismic program completed in 2025 (see ANGKOR RESOURCES’SUBSIDIARY IDENTIFIES DRILL TARGETS ON BLOCK VIII OIL & GAS,CAMBODIA).

With the EIA submission completed, EnerCam has nowdefined a 4+1 drillingprogram across Block VIII. The programcontemplates one exploratory well in each of the four identifiedsub-basins — Bokor South, Bokor Central, Bokor North, and Kirirom— followed by a fifth well whose location will be determined basedon the results of the first four wells. The contingent well isintended to allow the technical team to follow up on the mostprospective result and accelerate evaluation of the most promisingplay within the concession.

Mike Weeks, President of EnerCam,commented, “Submitting the EIA is asignificant regulatory milestone for the Block VIII project. The289-page document reflects months of careful field work and analysisby Green Assessment and our technical team on the actual drill targetareas in each of the four sub-basins. With the report now in front ofthe Ministry of Environment, we can continue advancing detailed wellplanning and contracting toward what would be Cambodia’s firstprivately financed onshore exploratory oil and gas wells under aProduction Sharing Contract.”

The EIA review process is administered by the Ministryof Environment of the Kingdom of Cambodia. The Company will providefurther updates as the review advances and as well planning,permitting, and contracting activities progress on the 4+1 drillingprogram.

Board of Directorsupdate. The Company also notes that Ken Boothhas retired from Angkor’s Board of Directors effective May 19, 2026.Mr. Booth will continue to provide services to the Company in anadvisory capacity under a separate contractual arrangement. TheCompany thanks Mr. Booth for his service on the Board and welcomes hiscontinued involvement in an advisory role.

ABOUT ANGKOR RESOURCESCORP.

ANGKOR Resources Corp. is a publiccompany, listed on the TSX-Venture Exchange, and is a leading resourceexplorer and developer in Cambodia working towards mineral and energysolutions across the country.   The Company's mineralsubsidiary, Angkor Gold Corp. Co., Ltd., currently holds two mineralexploration licenses in Cambodia with multiple prospects in copper andgold. Both licenses are in their first two-year renewalterm.

Angkor’s Cambodian energy subsidiary,EnerCam Resources Co., Ltd., was granted an onshore oil and gaslicense in the southwest quadrant of Cambodia called Block VIII. The original 7,300 km² license wasreduced to approximately 4,300 km² uponvoluntary removal of parks and protected areas, subsequently adjustedthrough government remapping directed by the Ministry of Mines andEnergy, and then expanded by 220 km² with the addition of the KiriromBasin in the northeast, resulting in the current area of approximately4,095 km².

EnerCam is actively advancing oil andgas exploration activities onshore to meet its mission to proveCambodia as a nation with its own oil and gas resources.  The Companycompleted 2D-seismic in 2025 and has identified multiple drill targetswith multiple target zones.   As it has completed an additionalEnvironmental Impact Assessment on the drilling target areas, which isnow submitted for approval by the Ministry of Environment, the Companyplans to follow with drilling Cambodia’s first privately financed onshore exploratory oiland gas wells under a Production Sharing Contract.

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. 

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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 oil and gas risks  of the  seismicinterpretation uncertainty and the preliminary nature of structuralclosure estimates; drilling risk and the absence of a drilled well onthe Concession; reservoir and fluid uncertainty; PSC complianceobligations and the risk of relinquishment for non-performance; oilprice exposure; and Cambodia-specific sovereign and regulatoryrisk.

As well, additional uncertainties on themineral projects exist regarding 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, theimpact of general economic conditions, industry conditions, dependenceupon regulatory approvals, uncertainty of sample results, timing andresults of future exploration, and the availability offinancing.

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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