Ms. Delayne Weeks reports

ANGKOR RESOURCES ANNOUNCES FURTHER FIELD RESEARCH FOR CAMBODIA'S OIL AND GAS WITH MENTORSHIP FOR ITC GRADUATE GEOSCIENTISTS

Angkor Resources Corp. has created a collaborative program between its energy subsidiary, EnerCam Resources Cambodia Co. Ltd., and graduate students at the Cambodian Institute of Technology. The program will provide hands-on geological and geophysical training tied directly to EnerCam's Block VIII oil and gas exploration program in Cambodia.

The program brings together Angkor's technical team and ITC students in a combination of field-based geological work and analytical seismic interpretation. Justin Snelling and Dr. David Johnson are leading students through geological field work, including structural and stratigraphic characterization of selected outcrop sites, rock sampling and laboratory analysis, and integrating those data into the evolving geologic framework. In tandem, Keith Edwards, geophysicist for EnerCam, is guiding students through geophysical software training and practical seismic interpretation in a real-world environment.

As the EnerCam team collects additional data prior to drilling, and, while an environmental impact assessment is being completed on the drill target areas, this program also supports EnerCam's environmental, social and governance and CSR commitment to mentor and develop a strong national team of Khmer geoscientists.

Field geology program

Dr. Johnson identified three fundamental objectives for the field program, each tied to advancing the company's understanding of Block VIII geology ahead of exploratory drilling.

First, the students will collect structural geological data at surface -- mapping faults, fractures, fold orientations and bedding attitudes -- that will be directly useful when interpreting subsurface structural data acquired during drilling. EnerCam's seismic interpretation has identified large anti-cline structures in the Bokor subbasins, found in a north-south trend of multiple large, elongated anti-clines along the leading edge of a fold belt. Four-way closures covering tens of square kilometres have been seismically mapped across South Bokor, Central Bokor and North Bokor. Understanding how these fold belt structures express themselves at surface is critical to predicting their behaviour at depth, and the surface structural data collected by students will complement the subsurface picture as the company advances toward drilling.

Second, the students will examine reservoir rocks present at surface to characterize their properties, including porosity and permeability. Surface analogues provide an important window into what the company can expect at the depths being targeted for drilling. With exploratory wells on Block VIII potentially exceeding 3,000 metres in the Bokor subbasins and shallower targets in the Kirirom subbasin where reservoir porosity may be higher due to less compaction, understanding rock properties at surface helps calibrate expectations for subsurface reservoir quality. The primary traps across the Bokor structures are expected to be found in gently folded seals and reservoirs adjacent to angular unconformities, and each well has the potential to encounter multiple gas or oil accumulations.

Third, Dr. Johnson noted the distinct value of involving students in both the geologic and seismic interpretation. "There is real value in having fresh eyes on the data," said Dr. Johnson. "Experienced interpreters can sometimes carry expectations that may obscure nuances. Students bring a learning perspective that can pick up on subtleties others might overlook."

Mr. Snelling, who brings extensive field experience across diverse geological settings internationally, is working directly with students on practical field structural geology and optical microscope rock identification techniques used in typical oil field operations. His ability to read outcrops and recognize common sedimentary geology themes in the field provides a practical dimension that complements more academic training. Dr. Johnson emphasized the value of time spent in the field together, noting that conversations during fieldwork -- when experienced geoscientists can explain what they are seeing and why it matters -- build understanding in ways that classroom instruction alone cannot achieve.

Geophysical interpretation program

Mr. Edwards, geophysicist for EnerCam, is leading a parallel program in seismic interpretation and geophysical analysis. Mr. Edwards is establishing Seisware software licences and preparing a structured training curriculum for ITC students who will work directly with EnerCam's 350-line-kilometre 2-D seismic data set acquired over Block VIII in 2025.

Mr. Edwards commented: "For my two students, we will be doing some training first so they can become familiar with the software and the concepts of seismic interpretation and seismic attributes. After they are up to speed, we will try to put some meat on the bone of our interpretation so far."

Mr. Edwards noted that there are many interesting features visible on the seismic data that need to be identified and mapped. The seismic program covered four subbasins -- South, Central and North Bokor on the west side of Block VIII -- and the Kirirom subbasin in the northeastern corner of the 4,095-square-kilometre licence area. The data have revealed structural and stratigraphic features, including angular unconformities, four-way closures and potential stratigraphic traps that require detailed mapping and characterization.

The final goal will be for the students to prepare and present this work as their thesis. Mr. Edwards noted that the fact the students will be working on seismic data that EnerCam shot in Cambodia makes the program especially relevant to their development as geoscientists and to the country's emerging oil and gas sector. Their interpretation work will contribute to refining the company's understanding of drill target stratigraphy and subsurface architecture ahead of exploratory drilling.

Block VIII exploration context

The student program advances alongside EnerCam's broader exploration efforts on Block VIII. The company's seismic interpretation has identified four drill targets across the licence area, with the Bokor subbasin structures bearing a striking resemblance to traps of the Khorat basin in Thailand, where the Nam Phong and Sinphuhorn fields produced significant amounts of gas over the past 20 years. The next step in advancing the project is to complete an environmental impact assessment on the areas targeted for drilling, with the company planning to follow with drilling Cambodia's first onshore oil and gas exploratory wells.

Dr. Johnson, qualified professional for Angkor Resources and member of the company's board of directors, has previously commented on the significance of the Block VIII geology, noting that, to find an undrilled fold belt with multiple anti-clines of significant size, each with four-way closures, is exceptionally rare.

Building Cambodia's geoscience capacity

Dr. Johnson commented: "We want to help develop geological and geophysical expertise that will help Cambodia find its own resources. These students represent the future of earth sciences in this country, and we are proud to bring them along on that journey. This is a natural extension of our commitment to building capacity in Cambodia -- not just in communities through our social programs, but in the technical work force that will drive the country's resource sector forward."

Angkor has reached several thousand students through its community training sessions to date, and the ITC program extends the company's educational commitment into university-level and postgraduate technical training. By integrating postsecondary graduates into active exploration programs on Block VIII, the company is investing in Cambodia's long-term capacity to develop and manage its own natural resources.

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 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. Having completed seismic in 2025, the company has identified multiple drill targets and advances an environmental impact assessment and drilling plans to drill Cambodia's first onshore oil and gas exploratory wells.

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