Mr. Dennis Oullette reports

ANGKOR RESOURCES COMPLETES INITIAL SAMPLING EXPLORATION AT ANDONG BOR, CAMBODIA

Angkor Resources Corp. has completed sampling of 359 auger soil samples from the Thmei North prospect of the Andong Bor concession.

In the news release dated Feb. 28, 2023, the company confirmed a copper-gold porphyry system on the Thmei North prospect with a grid spacing of 400 metres by 200 metres. This recent program was undertaken with infill auger sampling to better define the copper anomaly and shed light on gold occurrences. The sampling was completed on 100-metre-by-100-metre spacing over 2.16 square kilometres.

Dennis Ouellette, vice-president of exploration, comments: "The auger sampling program further defined the Thmei North copper porphyry target. Sampling should continue southward to cover the Thmei South target."

Samples were analyzed by the company's portable X-ray fluorescence at its facility in Banlung, Ratanakiri province, and selected samples will go to ALS laboratory for gold and multielement analysis.

The results showed anomalous values in the same areas as the previous widely spaced survey and which highlighted in one square kilometre a copper anomaly of greater than 100 parts per million copper. The northern portion of this anomaly is greater than 200 ppm in an area of about 400 metres by 400 metres.

Copper values show a strong northwest trend at the northeastern and southwestern edges with strong anomalism between the two likely reflecting a northeastern extensional trend.

Both zinc and lead are very low within the copper anomaly which is very typical of the surface geochemistry of copper porphyry deposits.

The anomalous soil sample areas with range of 29 parts per billion to 390 ppb gold from historical sampling in Thmei North are widely dispersed but appear to be highly concentrated on the southeastern edge of the porphyry system. The longest consecutive anomalous samples span 1.4 kilometres going east to west on the far southern edge of the sample area. The company has selected 116 samples from this survey covering the above gold anomaly for gold and multielement analysis at ALS laboratories. Selected samples are in a much tighter grid of 100-metre-by-50-metre sample intervals.

The analytical results, once completed, will shed more light on the nature of the gold mineralization occurrences. Additional soil geochemistry to the southern property boundary and regional sampling will be included in future exploration activities.

Qualified person

Mr. Ouellette, BSc, PGeo, is a member of the Association of Professional Engineers and Geoscientists of Alberta (APEGA No. 104257) and a qualified person as defined by National Instrument 43-101. He is the company's vice-president, exploration, on site and has reviewed and approved the technical disclosure in this document.

About Angkor Resources Corp.

Angkor Resources is a public company, listed on the TSX Venture Exchange, and is a leading resource optimizer in Cambodia working toward mineral and energy solutions across the country. The company holds multiple mineral exploration licences in the country, and in late 2022, its subsidiary, EnerCam Resources, was granted an onshore oil and gas licence of 7,300 square kilometres in the southwest quadrant of Cambodia. Angkor's carbon capture and gas conservation project in Saskatchewan, Canada, proves its long-term commitment to environmental and social projects across expanding jurisdictions.

We seek Safe Harbor.