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Angkor Resources Corp
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Angkor releases survey results at Andong Bor

2025-04-03 17:12 ET - News Release

Mr. Dennis Ouellette reports

ANGKOR RESOURCES REPORTS MAGNETIC SURVEY RESULTS FROM ANDONG BOR COPPER GOLD LICENSE, CAMBODIA

Angkor Resources Corp. has released its summary report on the Andong Bor ground magnetic survey on the Andong Bor licence.

The technical team of Angkor has summarized the results of the ground magnetic survey completed on Andong Bor license during early 2025. The survey analysis identified features with existing geochemical anomalies and cross referenced with previous core logging that shows mineralized zones are also identifiable by significant magnetic anomalies.

Dennis Ouellette, vice-president of exploration for Angkor, comments: "This is some of the best magnetic data I have encountered in my career. The mag data reflects the existing geochemical data; they are a match, which implies if we use this magnetic data carefully, that should also correlate with identifying additional mineralization. The wall rocks adjacent to the intrusions are mineralized and have abundant secondary magnetite.

"For instance, hole-008 was collared in mineralized wall rock and drilled at negative 65 to the south out of mineralization and into poorly mineralized granodiorite. If this is the case, then the magnetic anomaly is showing the mineralized wall rock outside of the intrusive rocks."

Results indicate that Zone C, which includes these three previously drilled holes on the property, is the highest priority to concentrate drilling efforts.

Mr. Ouellette continues: "Zone C, with its multiple magnetic features modelled near holes ADBDDH16-005, 007 and 008, represents a first order drill target and should be managed in conjunction with geochemical anomalies." Earlier holes were verified in 2022.

Just south of Zone C, Zone A2 represents the second-highest rank targets and dictates that several drill holes should be completed to check the coincident magnetic and geochemical features.

This ground magnetic survey was conducted in early 2025 and had 49 lines between 2,200 metres and 2,700 m long, spaced 100 m apart. The data were collected on 45 west to east lines and four north to south tie lines. The west to east lines are 100 metres apart; data are collected every 1.5 to 2.5 metres.

The 2-D models of the survey suggest the magnetic features are 300 to 500 m in area and range in depth from 100 to 150 metres in Zone C.

Zone A1 and A2 are in an area of higher magnetic response and seem disrupted by many faults. They are complex and sharper features and likely shallower (less than 100 m) and with clean breaks between materials. Bore ADBDDH16-006 results suggest these are also mineralized porphyry however bore ADBDH16- 006 is not in the core part of the structure. Zone B, D and E are in an area with lower amplitude features and are generally rounded outlines. The major features are interpreted as greater than 250 m depth.

Angkor holds a 20-per-cent carried interest on the licence and its Canadian partner, CanBodia Copper Corp., finances the activities to advance the potential for a large copper gold discovery.

Additional analysis is pending.

Qualified person

Dennis 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 of 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 Canada and Cambodia. Angkor's carbon capture and gas conservation project in Saskatchewan, Canada, is part of its long-term commitment to environmental and social projects and cleaner energy solutions across expanding jurisdictions.

The company's mineral subsidiary, Angkor Gold in Cambodia holds three mineral exploration licences in Cambodia and its Cambodian energy subsidiary, EnerCam Resources, was granted an onshore oil and gas license of 3729 square kilometres in the southwest quadrant of Cambodia called Block VIII. Since 2022, Angkor's Canadian subsidiary, EnerCam Exploration Ltd., has been involved in gas/carbon capture and oil and gas production in Evesham, Sask.

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