Angkor Gold's Project Partner Drills 8.11g/t OVER 6.3m at Phum Syarung
23 5월 2013 - 11:56PM
ANGKOR GOLD CORP. (TSX-V:ANK)
("ANGKOR") is pleased to announce that it has
received results from the four diamond drill holes completed by
Mesco Gold Ltd ("Mesco").The drilling was carried out in March on
the Phum Syarung prospect ("PS"), located within its Oyadao South
Concession, Ratanakiri Province, Cambodia. In terms of the
agreement with Mesco, Angkor retains a 10% NSR interest in the
prospect.
Mike Weeks, Angkor's CEO & Chairman, commented, "The Mesco
drill results confirm what we suspected: the deposit at PS is
significantly larger than our initial drill results suggested."
The following table shows the significant results from this
drilling:
|
Hole ID |
FROM |
TO |
INTERVAL |
Au g/t |
Ag g/t |
Cu % |
Pb % |
Zn % |
|
|
|
m |
|
|
|
|
|
PS13-020D |
54.60 |
55.50 |
0.90 |
1.61 |
1.38 |
0.05 |
0.02 |
0.01 |
and |
89.25 |
95.55 |
6.30 |
8.11 |
6.49 |
0.12 |
1.04 |
0.47 |
PS13-021D |
135.55 |
142.75 |
7.20 |
0.38 |
0.31 |
0.00 |
0.03 |
0.04 |
PS13-022D |
27.00 |
27.43 |
0.43 |
8.69 |
8.10 |
0.08 |
0.07 |
0.01 |
and |
61.93 |
64.23 |
2.30 |
9.69 |
13.21 |
0.12 |
0.62 |
0.90 |
PS13-023D |
185.00 |
186.80 |
0.70 |
1.54 |
79.4 |
1.07 |
0.87 |
0.01 |
The drilling conducted by Mesco confirms the high gold grades
drilled by Angkor in 2012 and has extended the known mineralised
strike length by over 100m to a total of 370m.
The holes were logged and sampled by an Angkor geologist on
secondment to Mesco. On Mesco's instructions, no samples were
taken outside the immediate mineralized zone, no downhole surveys
or core orientation studies were done, and no QA/QC blank or
standard samples were inserted into the sequence. All drill holes
in this program used HQ series for the uppermost 25-40m, and
thereafter cores used triple tube wire line N series. All cores
were saw-split over the sampling interval before sampling. One
half of the split core was sent for assay, and the balance of the
core over the zone of interest was taken for metallurgical
testwork. The intact unmineralized core is stored by Mesco on
site.
The drilling showed evidence of small ore-dislocation parallel
shears between the high grade polymetallic veins in hole 20 which
were also noted in holes 21, 22 and 23; indicating a stacked shear
system of which one of these dislocation faults was intersected in
the depth extension hole 23 at 186.10 – 186.80m.
Drilled interval thickness is probably very close to true
thickness, but without the surveys and orientation studies, this
cannot be verified. Analyses were done in Vientiane and
Australia by ALS using standard fire assay with AAS finish for
gold, and by ICP-MS for other metals, with higher values repeated
and confirmed gravimetrically.
These results are in line with those on the same prospect
previously reported by Angkor in its 2012 drilling program.
The QP for this release, which he wrote and approved, is Adrian
G. Mann, P.Geol., VP Exploration for
ANGKOR. He is a graduate of London University
and of the University of the Witwatersrand, with over 45 years
world-wide experience in mineral exploration and mining
geology. Dr. Mann lives in Calgary, Alberta.
ANGKOR GOLD CORP. is a public company listed on
the TSX-Venture Exchange. It is Cambodia's premier gold
explorer with a significantly large land package and a first-mover
advantage with excellent relationships at all levels of Government
(local to national).
With five exploration licences in the Kingdom of Cambodia
covering a total of 1102km2, that the company has been
actively exploring over the past four years, Angkor has now covered
all tenements with stream sediment geochemical sampling, has flown
low level aeromagnetic surveys over most of the ground, drilled
17,556 metres of NQ core in 143 holes; and has collected in excess
of 20,000 augered 'C' zone soil samples and over 16,000 termite
mound samples in 10 centres of interest, over a combined area of
35km2, in addition to numerous trenches and detailed geological
field mapping. Exploration on all tenements is ongoing.
THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT
FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES, AND DOES NOT CONSTITUTE AN OFFER TO SELL OR A
SOLICITATION OF AN OFFER TO SELL ANY OF THE SECURITIES DESCRIBED
HEREIN IN THE UNITED STATES. THESE SECURITIES HAVE NOT BEEN, AND
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OFFERED OR SOLD IN THE UNITED STATES OR TO U.S. PERSONS UNLESS
REGISTERED OR EXEMPT THEREFROM
CONTACT: FOR FURTHER INFORMATION PLEASE CONTACT:
ANGKOR GOLD CORP.
Mike Weeks, President
Telephone: (780) 568-3801
Email: mw@angkorgold.ca
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