In This Article:
GRANDE PRAIRIE, ALBERTA - March 20, 2025 (NEWMEDIAWIRE) - ANGKOR RESOURCES CORP. (TSXV: ANK) ("ANGKOR") announces its Cambodian mineral subsidiary, Angkor Gold Corp. Co. Ltd. Cambodia ("AGC") advanced auger soil sampling on the Andong Bor license in a southeast area that had not yet received soil sampling and analysis.
The teams, which just completed a ground magnetic survey over 90 line kilometers, went directly into a soil augering program in the southeast corner of the license. The team hand augers to the water table, which at this time of year ranges from 2.5 to 3.3 meters from surface.
Each sample is labelled, GPS located, bagged, and returned to main camp where further analysis will take place with XRF (x-ray fluorescence) equipment. The previously explored areas of the license have exhibited strong indications of copper, and copper porphyry systems have already been identified so using XRF analysis provides a low cost, effective manner to identify what is in the soil to the water table. Ultimately, the goal is to expand the mineralized areas already identified with this sampling and analysis to increase the mineralized zone.
The summary report on the magnetic survey is pending.
During the week, the provincial authorities from the Ministry of Mines and Energy visited the survey sites and completed a successful inspection and review of the work plan on the license to date. The Ministry officials were complimentary of Angkor's method of operating, the use of local staff whenever possible, and the continued progress of the license activities. Angkor staff reviewed the work activities completed to date and cross referenced the requirements for an upcoming renewal on the license.
The license comes up for renewal in August of 2025, following its initial three-year term. Exploration licenses are generally granted with the first term being three years and then followed by two, two-year renewal terms for a total exploration period of seven years.
QUALIFIED PERSON:
Dennis Ouellette, B.Sc., P.Geo., is a member of The Association of Professional Engineers and Geoscientists of Alberta (APEGA #104257) and a Qualified Person as defined by National Instrument 43-101 ("NI 43-101"). He is the Company's VP Exploration on site and has reviewed and approved the technical disclosure in this document.
ABOUT ANGKOR RESOURCES CORPORATION:
ANGKOR Resources Corp. is a public company, listed on the TSX-Venture Exchange, and is a leading resource optimizer in Cambodia working towards mineral and energy solutions across Canada and Cambodia. ANGKOR's carbon capture and gas conservation project in Saskatchewan, Canada is part of its long-term commitment to Environmental and Social projects and cleaner energy solutions across expanding jurisdictions. The company's mineral subsidiary, Angkor Gold Corp. in Cambodia holds three mineral exploration licenses in Cambodia and its Cambodian energy subsidiary, EnerCam Resources, was granted an onshore oil and gas license of 3729 square kilometers in the southwest quadrant of Cambodia called Block VIII. Since 2022, Angkor's Canadian subsidiary, EnerCam Exploration Ltd., has been involved in gas/carbon capture and oil and gas production in Evesham, Saskatchewan.