Ms. Delayne Weeks reports

ANGKOR RESOURCES IDENTIFIES GOLD PROSPECT ON ANDONG MEAS LICENSE, CAMBODIA

Angkor Resources Corp. has identified an additional gold target, named CZ gold, on the west side of the Canada Wall prospect on the Andong Meas exploration licence in Ratanakiri province, Cambodia.

Angkor's mineral exploration team has identified a gold target based on physical workings from a tunnel on the west side of the river running through the Andong Meas licence. A quartz stockwork with an apparent thickness of 30 metres was mapped in the tunnel. The stockwork tended to have a northwest strike. The target consists of multiple shallow trenches and one 47-metre-long tunnel excavated by artisanal miners. The tunnel is located on a steep slope and at the end of the tunnel, the artisanal miners drove a raise to surface following several veins.

Dennis Ouellette, vice-president of exploration, describes the CZ gold prospect and historical work from over a decade ago: "In 2012, three holes were drilled with collars about 70 metres apart. The first hole was collared immediately outside the adit and was drilled in the same direction as the tunnel. None of the holes intersected the quartz stockwork zone but they did core immediately into a granite bereft of mafic minerals and containing abundant miarolytic cavities. The granite is likely an alaskite-type granite. The holes also cored thick and frequent bands of 'bucky' quartz (a coarsely crystallized, non-laminating quartz)." Mr. Ouellette further clarified that although alaskite and bucky quartz do not host gold deposits per say, they are frequently found in close proximity to gold deposits.

The team uses the rainy season, generally from June to November, to review all prospects, samples, assays and core from the prospects on each licence. As part of that exercise and with the spike in gold over the past year, analysis took place on all gold prospects, including those close to copper porphyry systems such as the Canada Wall prospect. In this case, historical workings from artisanal miners were part of the annual review.

The company intends to conduct a surface trenching and sampling program in Q1 (first quarter) 2026 on this gold target to determine the setting and orientation of the quartz stockwork. Once this has been established, a follow-up diamond drill program can be planned.

Angkor also acknowledges a restart in the border conflict between Thailand and Cambodia in the northwestern quadrant of Cambodia. Evacuations of near-border communities and school closures have occurred as the conflict continues. Although the oil project Block VIII is in the far south of Cambodia and the Andong Meas mineral licence is far to the east of the conflict, management is carefully monitoring the Andong Bor licence and no work is being done there at this time. Safety is imperative for staff and personnel so any activities in the northwest are on hold until further notice.

Qualified person

Dennis Ouellette, BSc, PGeo, is a member of the Association of Professional Engineers and Geoscientists of Alberta (APEGA No. 104257), and is 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.

The company's mineral subsidiary, Angkor Gold Corp., in Cambodia holds two mineral exploration licences in Cambodia with multiple prospects in copper and gold. Both licences are in their first two-year renewal term.

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 area just over 4,095 square kilometres. EnerCam 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 Exploration Ltd., has been involved in oil and gas production in Saskatchewan, Canada, with measures of 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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