Angkor Resources Corp. has identified an additional gold target named CZ Gold on the west side of the Canada Wall prospect within its Andong Meas exploration license in Ratanakiri Province, Cambodia. The discovery is based on physical workings from a tunnel on the west side of a river running through the license area, where a quartz stockwork with an apparent thickness of 30 metres was mapped. The target consists of multiple shallow trenches and one 47-metre-long tunnel excavated by artisanal miners, with the tunnel located on a steep slope where miners drove a raise to surface following several veins.
Dennis Ouellette, VP Exploration, described historical work from 2012 when three holes were drilled with collars about 70 metres apart. "The first hole was collared immediately outside the adit and was drilled in the same direction as the tunnel," Ouellette stated. "None of the holes intersected the quartz stockwork zone but they did core immediately into a granite bereft of mafic minerals and containing abundant miarolytic cavities. The granite is likely an alaskite type granite." He further clarified that although alaskite and 'bucky' quartz (a coarsely crystallized, non-laminating quartz) do not host gold deposits per se, they are frequently found in close proximity to gold deposits.
The company uses the rainy season, generally from June to November, to review all prospects, samples, assays, and core from the prospects on each license. With the spike in gold prices over the past year, analysis took place on all gold prospects, including those close to copper porphyry systems such as the Canada Wall prospect. Historical workings from artisanal miners were part of this annual review process. The company intends to conduct a surface trenching and sampling program in Q1 of 2026 on this gold target to determine the setting and orientation of the quartz stockwork, with a follow-up diamond drill program planned once this has been established.
This development is significant for Cambodia's emerging mining sector as it represents continued exploration activity in a region with growing mineral potential. The identification of new gold targets contributes to the understanding of Cambodia's geological resources and could potentially lead to economic development opportunities in Ratanakiri Province. For investors and the mining industry, successful exploration could demonstrate Cambodia's viability as a mineral exploration destination, though all exploration results remain preliminary at this stage.
Angkor also acknowledged a restart in the border conflict between Thailand and Cambodia in the northwest quadrant of Cambodia, with evacuations of near-border communities and school closures occurring as the conflict continues. Although the company's oil project Block VIII is in the far south of Cambodia, and the Andong Meas mineral license is far to the east of the conflict, management is carefully monitoring the Andong Bor license and no work is being done there at this time. Safety is imperative for staff and personnel, so any activities in the northwest are on hold until further notice. This regional instability highlights the challenges of resource development in areas with geopolitical tensions, potentially affecting exploration timelines and investment decisions in the broader region.
The technical disclosure was reviewed and approved by Dennis Ouellette, B.Sc., P.Geo., 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. Additional information about the company can be found at https://angkorresources.com. Readers are cautioned that the information contains forward-looking statements subject to numerous risks and uncertainties, including the potential for minerals at the company's properties, the prospective nature of claims, regulatory approvals, sample results, timing of future exploration, and financing availability.
