Angkor Reports Results From Banlung Drill Program
25 11월 2019 - 10:15PM
Angkor Resources Corp. (TSXV: ANK and OTC: ANKOF) (“Angkor”
or “the Company”) 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
(OKW19-010D through OKW19-014D) were drilled in the vicinity of the
best results returned from the earlier RC drilling program
(OKW18-016RC). Four of the five holes returned greater than one
gram per ton gold over one-meter sample intervals. The one-meter
samples contained narrow (4 to 25cm) veins or fracture sets.
DD Hole_ID |
From (m) |
To (m) |
Interval (m) |
GPT Au |
OKW19-010D |
33.8 |
34.8 |
1.0 |
5.72 |
OKW19-011D |
57.4 |
58.4 |
1.0 |
1.85 |
OKW19-012D |
34.1 |
35.1 |
1.0 |
4.04 |
OKW19-014D |
33.4 |
34.4 |
1.0 |
1.26 |
Intervals were determined by geological
interpretation of consistent mineralized zones. Broader intervals
may include waste intervals of up to 2m. There was no evidence of
nugget effect in the above results, and no results were topcut.
True widths for the intervals above have yet to be determined.
Only intervals with obvious veining or
fracturing with visible sulphides were assayed. These results
mirror the results obtained from the 2017 diamond drilling program
located 950 meters to the north within the 2.5 km by 1.0 km
prospective area. Drill results indicate that the Okalla West
intrusive complex is host to gold and base metal veins and
fractures. Pyrite is the predominant indicator for gold at both the
Okalla East and Okalla West targets.
SAMPLE METHODOLOGY
Angkor maintains a rigorous sample quality
control and assurance protocol, with the customary insertion of
blanks and standards, cross-checking and duplicate analysis,
retention of all saw-split cores and sample pulps at their gated
and fenced secure facility in Banlung. Analysis for publication are
all done by accredited third party laboratories, usually ALS-Chemex
in Vientiane or Perth, by SFA and AAS finish for gold, or ICP-MS
for base metals In-house geochemical analysis of soil and termite
mound samples are done at the company’s Banlung laboratory by XRF
for base metals and by panning for qualitative gold detection.
Angkor’s QA/QC protocol requires calibration
standards and blanks be inserted at a rate of 10 per 100. In
addition, periodic checks are run on a selected spectrum of samples
at ALS-Chemex laboratories. All soil and rock samples are submitted
to ALS Mineral-Australian Laboratory Services (Cambodia) Co. Ltd
for preparation in Phnom Penh, and gold analyses are done by ALS by
standard fire assay in their Vientiane laboratories. All other
analyses are by Aqua Regia digestion with ICP-AES/ICP-MS (51
element ME-MS41 package) in their Australian laboratories. Initial
assays use their Au-ICP22 method of standard fire assay with an
ICP-Atomic emission spectrometry finish on a 50gm aliquot, which
has a detection range of 0.001 to 10 g/t. Check assays use the
Au-AA26 method of standard fire assay with an ICP-Atomic absorption
spectrometry finish again on a 50gm aliquot, which has a detection
limit of 0.01 to 100 g/t.
Dennis Ouellette, B.Sc, P.Geo., is a member of
The Association of Professional Engineers and Geoscientists of
Alberta (APEGA #104257) and a Qualified Person as defined by
National Instrument 43-101 (“NI 43-101”). He is the Company’s VP
Exploration on site and has reviewed and approved the technical
disclosure in this document.
ABOUT ANGKOR RESOURCES
CORP.
Angkor Resources Corp. is a public company,
listed on the TSX-Venture Exchange, and is a leading mineral
explorer in Cambodia with a large land package. In 2019 it added
Block VIII, a 7,300 square kilometre oil and gas exploration
license in Cambodia, to its exploration portfolio.
CONTACT:
Stephen Burega, CEOTelephone: +1 (647)
515-3734Email: sb@angkorgold.caWebsite: http://www.angkorgold.ca or
follow us on Twitter @AngkorGold.
Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Certain of the statements made and information
contained herein may constitute “forward-looking information.” In
particular references to the private placement and future work
programs or expectations on the quality or results of such work
programs are subject to risks associated with operations on the
property, exploration activity generally, equipment limitations and
availability, as well as other risks that we may not be currently
aware of. Accordingly, readers are advised not to place undue
reliance on forward-looking information. Except as required under
applicable securities legislation, the Company undertakes no
obligation to publicly update or revise forward-looking
information, whether as a result of new information, future events
or otherwise.
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