Ms. Delayne Weeks reports
ANGKOR ADVANCES EXPLORATION INDEPENDENTLY ON ANDONG BOR LICENSE, CAMBODIA
Angkor Resources Corp.'s previous partner, CanBodia Copper Corp. (CCC), failed to meet its obligations regarding the Andong Bor licence. Following multiple notices to CCC from October, 2024, to May 31, 2025, Angkor, through its Cambodian solicitor, filed a notice of default with CCC on July 1, 2025, terminating the letter agreement with CCC on the Andong Bor licence and declaring the joint relationship null and void.
The licence of 100.29 square kilometres straddles two provinces of Oddar Meanchey and Banteay Meanchey in the northwest area of Cambodia and is just south of the Thailand border and has indications of a copper gold porphyry system. The Ministry of Mines and Energy sets requirements for work to be completed on each licence in each term, including drilling of prospects. The first three-year term is due for renewal in late August.
In its commitment to maintain the licence in good standing, Angkor raised necessary funds and commenced drilling in early July as required. Before drilling was completed, the border conflict between Thailand and Cambodia caused suspension of drilling activities for safety reasons; the core from the initial drilling has been sent for assays.
Angkor remains committed to continuing its exploration activities and has advanced to licence renewal. Following its strategic plan for its mineral licences, Angkor will continue to advance exploration upon review of the assays.
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 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 southwest quadrant of Cambodia called Block VIII. The company then removed all parks and protected areas to reduce the size to just over 3,700 square kilometres. Since 2022, Angkor's Canadian subsidiary, EnerCam Exploration Ltd., has been involved in gas/carbon capture and oil and gas production in Saskatchewan, Canada.
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