Mr. Mike Weeks reports

ANGKOR GOLD CORP. ANNOUNCES FIVE NEW PROSPECTS IDENTIFIED IN DOKYONG

Angkor Gold Corp. has received results for the C zone soil sampling survey of Dokyong prospect, Oyadao South tenement, Ratanakiri province, Cambodia.

The Dokyong program targeted a 50-square-kilometre multielement stream sediment anomaly in several contiguous catchments in the southeast of the Oyadao South exploration licence area.

This anomalous zone was reinforced by stream pan concentrate gold anomalies in the same catchments, and was further confirmed by a field mapping and rock chip sampling survey last season.

The rock chip sampling had indicated a strong gold and associated pathfinder element concentration in the south of the area, and had further suggested that these were associated with north-northeast-trending fracture patterns.

The C zone soil samples were taken by auger to full resistance, generally one to 3.5 metres deep, dried and sieved to minus 80 mesh, and analyzed by ICP-MS after warm three-acid digestion for a narrow spectrum of elements. The results are gratifying. Attention is drawn to the scale of these anomalies. They are not small: The multielement anomaly in the northeast is over a kilometre in strike length and the gold anomaly in the south is over 400 metres in strike length.

There are five prospects now identified in the Dokyong area:

• Prospect V is an arsenic-molybdenum anomaly centred on a five-metre-thick quartz vein which has at least 200 metres of north-northeasterly strike. The anomaly is open to the north, where the grid will be extended shortly.
• Prospect W is a series of copper-zinc anomalies covering over a kilometre, the core of which has abundant quartz float, with the same strike direction as prospect V.
• Prospect X, a strong arsenic anomaly to the west of a large hill of pale yellow-grey siliceous breccia, is probably centred on a faulted zone. The core of the anomaly covers over 300 metres striking north-northeast, while the tails are east-west covering 1,100 metres. Drilling on this prospect will commence shortly.
• Prospect Y is a very strong gold anomaly with twin peaks, both centred on a soil value in excess of five grams per tonne gold. The north is associated with the eastern tail of the arsenic anomaly of prospect X. Overall strike of the anomaly is over 400 metres. Both north and south parts seem to be fault controlled, although the proximity of the silica-flooded breccia hill to the west is probably no coincidence. Both the arsenic anomaly of prospect X and the gold anomaly of prospect Y are open to the east, where anomalous stream sediment gold and other pathfinder elements occur in catchments that extend for a further five kilometres. The auger grid is currently being expanded to test this area.
• Prospect Z is in a difficult area to access, but a road crew is currently on site clearing a track for drill pads. According to management, this is the most exciting of the five prospects, being a multielement anomaly over 1,000 metres long that appears to be associated with faulting. The anomaly is open to the north, where multielement anomalous stream sediment values extend in catchments over at least a further 1.5 kilometres.

Drilling of the first of two short scout holes on prospect V has started. A total of 700 metres in eight holes is planned for this season, to be split between the five prospects. Crews are also back on site extending the grids where the anomalies reach the edges of the surveyed area.

Mike Weeks, president and chief executive of Angkor Gold, stated: "We are thrilled with the positive developments at the Dokyong prospect. We now have eight strong projects in Cambodia with three drill rigs currently operating. We are in a very exciting stage of development at Angkor Gold."

The qualified person for this release, which he wrote and approved, is Dr. Adrian Mann, PGeol, vice-president exploration for Angkor. He is a graduate of London University and of the University of the Witwatersrand, with over 40 years of worldwide experience in mineral exploration and mining geology. Dr. Mann lives in Calgary, Alta.

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