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https://angkorgold.ca/angkor-reclaims-100-ownership-of-koan-nheak-license/Angkor Reclaims 100% Ownership of Koan Nheak License
TORONTO, ON, (September 4th, 2020): Angkor Resources Corp. (TSXV: ANK and OTC: ANKOF) (“Angkor” or “the Company”) CEO Stephen Burega reports that Angkor has reclaimed 100% of the Koan Nheak license from Emerald Resources (Emerald). The earn-in partnership was first announced on July 12th, 2017 (Press Release).
“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 their Okvau Mine into production. Both companies see great opportunities in Cambodia and will discuss this and other areas of joint-interest moving forward.”
“We are very excited to have the Peacock gold target back in our control, adding another excellent gold target to explore during the upcoming dry season” stated Stephen Burega.
PROPOSED WORK PROGRAMMES
An initial diamond drill program consisting of five hundred (500) meters is proposed to test Emerald’s best RC intercept RC19PCK003 which returned 3.61 g/t Au over 8 meters. (Press Release) The drilling will help Angkor to determine the strike and dip of the mineralized structure as well as strike extension. Step-out holes will be completed to determine the strike length of the mineralized structure.
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