Ms. Delayne Weeks reports
ANGKOR RESOURCES IDENTIFIES SECOND DRILL TARGET FOR OIL & GAS ON ITS BLOCK VIII, CAMBODIA
Angkor Resources Corp.'s subsidiary, EnerCam Resources Co. Ltd. (Cambodia), has a second drill target from an identified second anticline on Central Bokor basin based on the 2-D seismic program recently completed on Block VIII.
EnerCam's management team has reviewed several more seismic lines, and they have identified a second anticline in the Central Bokor area. The new Central Bokor lead, like the South Bokor lead, has clear four-way closure and a rough depth of 900 to 1,200 metres.
Keith Edwards, technical manager for EnerCam, comments on the second targeted site: "The Central Bokor structure is very similar to the South Bokor structure with hints of some east-west faulting and
possibly three separate high points on the overall structure. Currently, our seismic coverage gives us confidence of a four-way closure of approximately 60 square kilometres."
Delayne Weeks, chief executive officer of the company, adds her comments: "When we began the seismic we were hopeful to find at least one clear drill target from the seismic program. So to have identified two anticlines with clear drilling targets, while still waiting for processing and interpretation from a number of the other lines of the seismic program is extremely positive for EnerCam. The size of both South Bokor and Central Bokor are both significant, up to 48 square kilometres and 60 square kilometres of closure respectively."
The company will continue to build a drilling plan based on each segment of seismic being processed and coming to the team, thus adding scope to the interpretation. Additional processing and interpretation is continuing across the entire 24 lines of completed seismic.
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. Since 2022, Angkor's Canadian subsidiary, EnerCam Exploration Ltd., has been involved in gas/carbon capture and oil and gas production in Saskatchewan, Canada.
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 two mineral exploration licenses in Cambodia with multiple prospects in copper and gold.
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 and added 220 square kilometres, making the project size just over 4,270 square kilometres.
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