Angkor Gold Announces Phase 2 of Drilling Program With JOGMEC Underway
Box 153, Sexsmith, AlbertaT0H 3C0
Canada • www.angkorgold.ca
Angkor Gold Announces Phase 2 of Drilling
Program With JOGMEC Underway
Sexsmith, AB, (February 8, 2018): Angkor Gold Corp. (TSXV: ANK and OTC:
ANKOF) (“Angkor” or “the Company”) Executive Chairman Mike Weeks is pleased to
announce the continuation of Angkor’s exploration program at Halo on its Oyadao South
license in conjunction with its exploration partner, Japan Oil, Gas and Metals National
Corporation (“JOGMEC”).
Drilling follows the Phase 1 exploration program completed at the end of 2017 and is part
of a USD $1 million follow-up program begun in January.
“The first new drill hole, HAL18-005D, will test the continuity of the primary copper
porphyry mineralization intercepted in HAL17-001D last year”, said Angkor President JP
Dau. “Porphyry copper systems can be very complicated. Each new diamond drill hole is
immensely useful in helping us to understand this particular system.”
Two additional drill holes will test new targets defined by soil geochemistry and
geophysics using induced polarization (IP) to the east and southeast of previous drilling
locations.
The Phase 2 exploration program includes:
1. USD $1 million in planned expenditures.
2. 1,200 metres of drilling.
3. Extension of IP geophysics survey to new areas.
4. Additional regional exploration, including termite mound soil sampling programs
over magnetic anomalies east and west of Halo, and geological mapping.
The first new drill hole will step out 400 metres from an intercept of 0.24 % Cu, 1.34 g/t
Ag, as well as 0.026% Mo over 88.9m in previously reported drill hole HAL17-001D (see
Company press release of October 19, 2017).
The new exploration program is expected to be completed before the end of March 2018.
Box 153, Sexsmith, AlbertaT0H 3C0
Canada • www.angkorgold.ca
2
Halo Drill Hole Locations (existing and planned)
ABOUT JOGMEC
JOGMEC was established in February 2004, following the integration of the former Japan
National Oil Corporation and Metal Mining Agency of Japan. It is an Independent
Administrative Agency under the Japanese Ministry of Economy, Trade and Industry, with
a mandate of investing in exploration minerals projects worldwide to help secure a stable
supply of natural resources for Japanese industry.
ABOUT ANGKOR GOLD CORP.
ANGKOR Gold Corp. is a public company listed on the TSX-Venture Exchange and is a
leading mineral explorer in Cambodia, with a large land package and a first -mover
advantage building strong relationships with all levels of government and stakeholders.
Box 153, Sexsmith, AlbertaT0H 3C0
Canada • www.angkorgold.ca
3
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
and has reviewed and approved the technical disclosure in this document.
On behalf of the Board,
Mike Weeks
Executive Chairman
Angkor Gold Corp.
CONTACT:
Stephen Burega, CEO
Telephone: (647) 515-3734
Email: [email protected]
Website: 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 opera tions 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.
###