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Angkor Resources Corp
Symbol ANK
Shares Issued 192,094,918
Close 2025-07-29 C$ 0.195
Market Cap C$ 37,458,509
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Angkor seeks to expand boundary of block 8 in Cambodia

2025-07-29 21:53 ET - News Release

Ms. Delayne Weeks reports

ANGKOR RESOURCES MEETS MINISTRY TO EXPAND BOUNDARY OF OIL & GAS BLOCK VIII, CAMBODIA

Angkor Resources Corp.'s subsidiary, EnerCam Resources Co. Ltd. (Cambodia), has met with officials from the Ministry of Mines and Energy and the General Department of Petroleum to request an additional 220 square kilometres as part of block 8 to include a potential subbasin for exploration of oil and gas.

Following field scoping, data analysis and indications of hydrocarbon potential, the technical team, headed by EnerCam's Keith Edwards, provided a presentation to members and authorities of GDP and MME. The presentation focused on the addition of a 220-square-kilometre area in the northeastern section of block 8 to expand the boundaries of block 8. The area indicates potential for a subbasin that the EnerCam team refers to as the Mussel basin named primarily based on the shape of the potential basin.

The most recent research of the geoscience team indicates that it would be prudent to expand the boundaries in the northeastern corner of block 8 and include the expansion as part of the explored territory, including the basin in the 2-D seismic to be undertaken over the next 40 days.

The response from the meeting was positive. The company expects an answer within a few weeks, well in time to include the new area in the existing seismic program.

On the mineral activities in Cambodia, in the northwestern area of the country and 40 kilometres south of the Thailand/Cambodia border, drilling activities of the Andong Bor licence were suspended on July 24 due to border conflicts. With the Malaysian chairman of ASEAN (Association of Southeast Asian Nations) hosting the prime ministers or representatives of Thailand and Cambodia, the recent announcement of a ceasefire on July 28 comes as a relief for all citizens.

The drilling program will continue when equipment is back in place, and it is deemed to be safe to resume.

Other activities, both for minerals in the northeastern area of Ratanakiri province and for the oil and gas exploration in the southwest block 8, continued without interruption.

About Angkor Resources Corp.

Angkor 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 jurisdictions. The company's mineral subsidiary, Angkor Gold Corp. in Cambodia, holds three mineral exploration licences in Cambodia, and its Cambodian energy subsidiary, EnerCam Resources, was granted an onshore oil and gas licence of 7,300 square kilometres in the southwestern quadrant of Cambodia called block 8. The licence was reduced to roughly half the size with the company's voluntary removal of all parks and protected areas in March, 2025. 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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