Angkor Resources Corp. (TSXV: ANK, OTCQB: ANKOF) has completed the initial phase of drilling at its Andong Bor copper-gold target in Cambodia, reporting significant mineralization in two of three holes completed. The company planned a total of 2,800 meters of diamond drilling for the target, with the first 1,099 meters completed in mid-July on the Thmei North (TN) target, a one-square-kilometer copper anomaly.
The program was staged around Cambodia's seasonal weather patterns. The initial portion consisted of three holes, with the balance of the program to follow in early 2027 once fields are dry and crops have been harvested. Dennis Ouellette, VP Exploration, commented: "Two of the three holes drilled this year encountered good porphyry and skarn mineralization over the 400 meters each was drilled. Portions of skarn were especially well mineralized. The third hole contained a run of over 200 meters with continuous pyrite mineralization up to 20%."
The Andong Bor license covers 100.28 square kilometers and straddles Oddar Meanchey and Banteay Meanchey provinces. Drilling completed in 2025 showed that the main structures controlling mineralization are north-northwest (NNW) striking and steeply west dipping. Thus, the holes at Thmei North are being drilled to the east to better intersect the mineralized beds. In this modified copper porphyry model, the best mineralization is found within potassic-altered sediments adjacent to feldspar porphyry diorite dikes of varying widths, ranging from a few meters to tens of meters. By drilling to the east, the company will maximize mineralized sedimentary rock interceptions as it drills through alternating lithologies of intrusive and sedimentary rocks.
The core from the 1,099 meters already drilled is being logged over the next few weeks, then it will be cut, sampled, and sent for assays. The second phase of the Thmei North drill program, consisting of at least 1,700 meters, and activity on Thmei South will continue in 2027. The subsequent holes will follow the same eastward orientation to better intersect the mineralized beds.
This announcement is significant because it marks progress in Angkor Resources' exploration efforts in Cambodia, a country with emerging mineral potential. The positive results from the initial drilling suggest the presence of a substantial copper-gold system, which could lead to the development of a new mining district. The company's systematic approach, taking into account local agricultural cycles, demonstrates responsible exploration practices. The upcoming assays will be crucial in determining the economic viability of the deposit, and the planned follow-up drilling will further delineate the resource.
Angkor Resources Corp. is a public company listed on the TSX-Venture Exchange and is a leading resource explorer and developer in Cambodia, working towards mineral and energy solutions across the country. The company's mineral subsidiary, Angkor Gold Corp. Co., Ltd., currently holds two mineral exploration licenses in Cambodia with multiple prospects in copper and gold. Both licenses are in their first two-year renewal term.
The company's Cambodian energy subsidiary, EnerCam Resources Co., Ltd., was granted an onshore oil and gas license in the southwest quadrant of Cambodia called Block VIII. The license covers approximately 4,095 square kilometers. EnerCam is actively advancing oil and gas exploration activities onshore to meet its mission to prove Cambodia as a nation with its own oil and gas resources. The company completed 2D-seismic in 2025 and has identified multiple drill targets with multiple target zones. The company plans to follow with drilling Cambodia's first privately financed onshore exploratory oil and gas wells under a Production Sharing Contract.
Angkor Resources is committed to responsible exploration and development, and its progress at Andong Bor is a positive step towards unlocking the mineral wealth of Cambodia. The company's efforts are closely watched by investors and industry observers, as they could have significant implications for the region's economic development.
