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Angkor Resources Corp
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Angkor Resources begins diamond drilling at Andong Bor

2026-06-24 17:48 ET - News Release

Mr. Dennis Ouellette reports

ANGKOR RESOURCES INITIATES DIAMOND DRILL PROGRAM AT ANDONG BOR COPPER-GOLD TARGET, CAMBODIA

Angkor Resources Corp. is planning a total of 2,800 metres of diamond drilling for the Andong Bor copper-gold target in Cambodia over the coming months. Drilling will focus on the Thmei North (TN) target, a one-square-kilometre copper anomaly.

The program is staged around the Cambodian seasons: An initial 1,200 metres in three holes are starting June 24 2026, to be completed during the current dry-season window with the balance of the program to follow in early 2027 once the fields are dry and the crops have been harvested.

Drill program at a glance:

  • Total program: 2,800 metres of diamond drilling planned at the Thmei North copper-gold target over the next eight months;
  • First phase: three 400-metre holes to be drilled starting June 24, 2026, before the heavy rains descend upon the Kingdom of Cambodia;
  • Second phase: The remaining 1,600 metres to be drilled in early 2027, once the fields are dry and the crops have been harvested;
  • Hole orientation: The three initial holes will be drilled to the east to better intersect the mineralized beds;
  • Core will be logged, photographed and sampled, with selected intervals dispatched for assay as the program progresses.

Thmei North -- drilling to the east

The Andong Bor licence is 100.28 square kilometres and straddles Oddar Meanchey and Banteay Meanchey provinces. Drilling completed in 2025 showed that the main structures controlling mineralization are north-northwest (NNW) striking and steeply west dipping. These three holes will be drilled to the east in order to better intersect the mineralized beds.

In this modified copper porphyry model, the best mineralization is found within potassic-altered sediments adjacent to feldspar porphyry diorite dikes of varying widths. The intrusive dikes vary in width from a few metres to tens of metres. By drilling to the east, the company will maximize mineralized sedimentary rock interceptions as it drills through alternating lithologies of intrusive and sedimentary rocks.

Dennis Ouellette, vice-president of exploration, comments: "Our 2025 drilling told us how this system is oriented. The structures controlling mineralization are north-northwest striking and steeply west dipping, so by drilling to the east we put the core across the mineralized beds rather than down them. The best copper sits in the potassic-altered sediments next to the feldspar porphyry diorite dikes, and an eastward orientation lets us cut the most of that favourable host as we pass in and out of the intrusive dikes."

Thmei South -- next steps

Thmei South requires further auger soil geochemistry to extend the existing copper geochemical anomaly southward and determine its full extent. Thmei South will be the focus of subsequent drill programs.

Qualified person

Dennis Ouellette, BS., 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 news release.

About Angkor Resources Corp.

Angkor Resources is a public company, listed on the TSX Venture Exchange and is a leading resource explorer and developer in Cambodia working toward mineral and energy solutions across the country. The company's mineral subsidiary, Angkor Gold Corp. Co. Ltd., currently holds two mineral exploration licences in Cambodia, with multiple prospects in copper and gold. Both licences are in their first two-year renewal term.

Angkor's Cambodian energy subsidiary, EnerCam Resources Co. Ltd., was granted an onshore oil and gas licence in the southwestern quadrant of Cambodia called Block VIII.

The original 7,300-square-kilometre (km) licence was reduced to approximately 4,300 square km upon voluntary removal of parks and protected areas, subsequently adjusted through government remapping directed by the Ministry of Mines and Energy, and then expanded by 220 square km with the addition of the Kirirom basin in the northeast, resulting in the current area of approximately 4,095 square km.

EnerCam is actively advancing oil and gas exploration activities onshore to meet its mission to prove Cambodia as a nation with its own oil and gas resources. The company completed 2-D seismic in 2025 and has identified multiple drill targets with multiple target zones. As it has completed an additional environmental impact assessment on the drilling target areas, which is now submitted for approval by the Ministry of Environment, the company plans to follow with drilling Cambodia's first privately financed onshore exploratory oil and gas wells under a production sharing contract.

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