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Angkor Resources Corp
Symbol ANK
Shares Issued 201,851,107
Close 2025-11-20 C$ 0.27
Market Cap C$ 54,499,799
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Angkor observes pyrite, chalcopyrite at Andong Bor

2025-11-20 18:09 ET - News Release

Ms. Delayne Weeks reports

ANGKOR RESOURCES ADVANCES ANALYSIS OF ANDONG BOR DRILL CORE

Angkor Resources Corp. has released further analysis, assays and conclusions on the drill core from the Andong Bor licence in Oddar Meanchey, Cambodia.

Dennis Ouellette, vice-president, exploration, for Angkor, with associate geologists, has reviewed the Andong Bor drill core from historical drilling with the most recently 2025 drilled holes 009 and 010. The two new holes (ABDDH25-009 and 010), of which 009 was substantially deeper, have sections of drill core, roughly from 245 metres to 316 metres, in which mineralization with abundant pyrite and chalcopyrite was observed.

Previously, in late 2022, analysis was based only on core drilled by a different company. The 2025 drill core from both holes is being logged in detail and cut for sampling purposes.

Drill core is being cut in half in preparation for assays. Further conclusions from the analysis indicate that the structural relationship between the intrusive rock and the host sedimentary rock was not revealed in the previous drilling (ADBDH16-005, 006, 007 and 008) as all the contacts were faulted or there was poor core recovery at those sites.

Mr. Ouellette summarized findings by saying: "The best copper mineralization in Andong Bor diamond drill core is hosted by the sedimentary rocks. The diorite (coarse-grained rock) feldspar porphyry intrusive rocks can host low-grade copper porphyry-style mineralization, such as B and D style veins and disseminations. However, in proximity to the highly reactive wall rock (where the intrusive rock is surrounded by the sedimentary rock), the assay values increase dramatically."

He continued with other conclusions: "The contacts where sedimentary rock and intrusive rock have met are very steep -- from 70 to 80 degrees. Mineralization within the sediments is both disseminated and along fractures parallel to these contacts. This implies significant ground preparation (probably with magma or similar catalysts) prior to mineralization. The sedimentary (country) rock was heavily fractured, so when the intrusion and mineralization events occurred, they followed the pre-existing fractures. Knowing this impacts the design of our continuation of the drill program in a manner which we expect will result in both shallower and increased mineralized intercepts."

Assays will be forwarded to ALS when all core cutting is completed and plans for continuation of drilling extend into 2026.

Qualified person

Dennis Ouellette, BSc, PGeo, is a member of the Association of Professional Engineers and Geoscientists of Alberta (APEGA No. 104257), 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 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. The company's mineral subsidiary, Angkor Gold Corp. in Cambodia, holds two mineral exploration licences in Cambodia with multiple prospects of copper and gold.

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 VIII. The company then removed all parks and protected areas and added 220 square kilometres, making the licence just over 4,095 square kilometres. EnerCam Exploration Ltd. is actively advancing oil and gas exploration activities onshore to meet its mission to prove Cambodia as an oil- and gas-producing nation.

Since 2022, Angkor's Canadian subsidiary, EnerCam, has been involved in oil and gas production in Saskatchewan, Canada, and undertaken carbon and gas capture to reduce emissions. Angkor's carbon capture and gas conservation project is part of its long-term commitment to environmental and social projects and cleaner energy solutions across jurisdictions.

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