Angkor Resources Corp. CEO Stephen Burega reports that Angkor has reclaimed 100% of the Koan Nheak license from Emerald Resources . The earn-in partnership was first announced on July 12th, 2017 . “Emerald identified some very interesting gold results at the Peacock prospect,” stated Mike Weeks, Chairman of Angkor. “Angkor will continue with a follow-up drill program while Emerald focuses on getting [...]
Angkor Resources Corp. CEO Stephen Burega is pleased to report on the continuation of a mapping and sampling program on its 100% owned Andong Meas property. Highlights Additional high-grade samples with up to 70.7 g/t gold from selected samples from our Andong Meas property; The samples also occur in clusters suggesting several different vein segments over a north to south distance of about 700 meters; and Angkor is [...]
Angkor Resources Corp. CEO Stephen Burega is pleased to announce that Mr. Kaihui Yang, PhD Geology, has agreed to act as a Senior Advisor - Geology to Angkor effective immediately. Having obtained his PhD in Geology in 1990, early in his career, he was a research scientist in the Department of Geology at the University of Toronto, and also served as a senior consultant for Canadian mining companies and the World Bank [...]
Angkor Resources Corp. CEO Stephen Burega is pleased to announce that Mr. Lee Q. Shim, has agreed to join Angkor’s subsidiary Enercam Exploration Ltd.’s Board of Directors effective immediately. Mr. Shim has 36 years of business experience as an entrepreneur and investor in Canada and globally. He started his first venture in Toronto in 1984, and has successfully expanded his business to the USA, China, and Southeastern [...]
Angkor Resources CEO Stephen Burega is pleased to announce the closing of the non-brokered private placement of units announced on May 29, 2020 raising a total of $1,800,000.00. The Company will issue a total of 36,000,000 units at a purchase price of C$0.05 per unit for gross proceeds of C$1,800,000. Each Unit consists of one common share of the Company and one Common Share purchase warrant. Each Warrant will entitle the [...]
Angkor Resources CEO Stephen Burega is pleased to report on the recently completed mapping and sampling program on its 100% owned Andong Meas property. Highlights Multiple grab samples with gold from 3.08 to 55.4 g/t grams of gold per tonne; Significant gold target has been identified from samples collected over a north to south distance of more than 600 metres; and Evidence of multiple mineralized epithermal quartz veins [...]
Angkor Resources CEO Stephen Burega is pleased to provide an update on a stock issuance and the Company’s Covid-19 response. As previously announced in a press release dated January 13, 2020, the Company entered into an Earn-In Agreement with Hommy Oyadao Inc., under which Hommy may earn up to a 70% interest in Angkor’s Oyadao North License in exchange for payments totalling USD $4.6 million to fund exploration. In [...]
Angkor Resources was pleased to facilitate a regional dental campaign in collaboration with an American dental team in northeastern Cambodia this January. Dental Campaign 2020 took place from January 1 to 4 this year providing free and much needed dental care to indigenous people and rural village members from more remote parts of Angkor’s exploration license areas, including Oyadao and Andong Meas. Angkor again [...]
Angkor Resources CEO Stephen Burega reported that further to its announcement of July 16, 2018, regarding the issuance of convertible debentures, and in settlement of other obligations, Angkor has entered into units for debt agreements. The Debentures bear interest that represent an obligation due in the amount of $148,658 that will be settled by the delivery of 1,351,432 Units at a deemed price of $0.11 per Unit to the [...]
Angkor Resources CEO Stephen Burega is pleased to report that it has signed an Earn-In Agreement on its Oyadao License with Canadian development company Hommy Oyadao Inc. to earn up to a 70% interest in Angkor’s Oyadao North License in exchange for payments totalling USD $4.6 million. AGREEMENT HIGHLIGHTS Hommy 5 Resources Inc. will return any earned interest in Angkor’s Banlung License in return for Hommy [...]
Angkor Resources announces that Angkor President, J.P. Dau, has stepped down from his position effective immediately as he has relocated from Cambodia to Canada to pursue other opportunities. Mr. Dau became Angkor President in 2018 after serving as the Company’s Vice President – Operations resident in Cambodia. “Angkor would like to thank J.P. for his service to the Company for the past 10 years,&rdquo [...]
Angkor Resources CEO Stephen Burega is pleased to report on drill results from the Okalla West and Okalla East areas of its Banlung License. A short diamond drilling program of 966 meters in 10 holes was completed in the spring of 2019. Seven of the 10 holes were drilled on the Okalla West target and three on the Okalla East target of the Banlung tenement. The first five holes were drilled in the vicinity of the best [...]