Angkor Resources Corp. (TSXV:ANK, OTC:ANKOF) (“Angkor” or “the Company”) CEO Stephen Burega is pleased to announce the results of a recent drill program at its Koan Nheak license undertaken by its exploration partner, Emerald Resources NL (“Emerald”). Exploration at Angkor’s Koan Nheak license is carried out by Emerald’s Cambodian subsidiary Renaissance Minerals (Cambodia) Ltd. under an earn-in agreement with Angkor announced July 12, 2017.
Location of Koan Nheak Drill Holes and Significant Values
Emerald Resources recently completed a first pass RC drill program on the gold-in-soil Peacock anomaly at Koan Nheak. The RC drill program consisted of 15 collars totalling 1,194 metres (m), drilled down to an average depth of 80 m at a 60º angle. It was intended to test the peaks of the gold-in-soil anomaly and the most prospective geophysical IP anomalies.
Ten of the 15 drill holes intersected zones of quartz breccia with sulphide mineralization. Each of these zones confirmed the existence of a gold mineralized system with the best intersection (8.0m @ 3.61 gpt Au) being hosted by the diorite intrusive. The significant drill intersections are set out in the table below:
Intervals were determined by geological interpretation of consistent mineralized zones. Broader intervals may include waste intervals of up to 2 m. There was no evidence of nugget effect in the above results, and no results were topcut. True widths for the intervals above have yet to be determined.
The drill program confirmed the previously identified soil anomaly. The mineralization was observed to be hosted in a diorite intrusive of a similar style to the sulphide mineralization of Emerald’s nearby Okvau Gold Deposit. Additional drilling, scheduled to commence early next year, will further test the RC19PCK003 intersection northward along strike into…