Angkor Resources Celebrates Three Years Precedent ESG Agreement with Indigenous Communites ON GOLD Projects, Cambodia
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ANGKOR RESOURCES CELEBRATES THREE YEARS PRECEDENT ESG AGREEMENT WITH
INDIGENOUS COMMUNITES ON GOLD PROJECTS, CAMBODIA
GRANDE PRAIRIE, ALBERTA (May 1, 2024): ANGKOR RESOURCES CORP. (TSXV: ANK
and OTCQB: ANKOF) (“ANGKOR” or the “Company”) announces the third-year
completion and celebration of Cambodia’s first national agreement with Indigenous
Communities in Ratanakiri in the extractive sector. The agreement represents leading
Environmental, Social, Governance (“ESG”) practices undertaken by Angkor across its projects.
The agreement is the first of its kind in Cambodia – a national template between industry and
Indigenous Communities that is long-term and covers all areas of development from
prospecting through exploration, development, mining, and reclamation. The agreement
between Angkor and Jarai communities in the Wild Boar Prospect area covers topics including
clean water and sanitation solutions, health care, and economic development opportunities.
Wild Boar Prospect with multiple surface samples with gold from 2.32 to 70.7 grams per tonne (“gpt”) of
gold (“Au”) is one of the prospects in the agreement area. Local community members become part of
the team in activities undertaken on their lands.
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At the request from the communities, Angkor also worked with Advanced Bank of Asia (ABA) to
undertake projects to identify micro-finance exploitation that had become rampant and
devastating to communities.
Delayne Weeks, CEO comments, “We have some great gold and copper mineral projects in the
area, and it has always been part of our philosophy to listen to their needs and work side by
side with the local people who live on those lands. We believe it is a necessary component to
long-term success in discovery and production of projects and we all win when we include the
needs of everyone in the solutions and outcomes. We are immensely proud of this as a
precedent in Cambodia; the past three years have progressed smoothly, without any conflict
because we are all involved in the solutions.”
Communities are members of the Jarai tribe, including six villages, many farms, and their
communal lands cover an area of forty square kilometers across the Andong Meas exploration
license of 118 square kilometers. In the past two months, additional Jarai communities in other
areas have requested that Angkor consider similar agreements for and with their communities
as well.
Celebration activities included updates for all community members, a tribute to community land and local food
production.
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The celebration took place in the shady areas of the surrounding forest to accommodate the sweltering
+40C temperatures prevailing across Southeast Asia currently.
QUALIFIED PERSON:
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 CORPORATION:
Angkor Resources Corp. is a public company, listed on the TSX -Venture Exchange, and is a leading
resource optimizer working towards mineral and energy solutions across Canada and Cambodia.
Angkor’s carbon capture and gas conservation project in Saskatchewa n, Canada is part of its long-
term commitment to Environmental and Social projects and cleaner energy solutions across
expanding jurisdictions. The company holds three mineral exploration licenses in Cambodia ,
Andong Meas license and Oyadao North license in Ratanakiri Province and Andong Bor license
straddling Oudar Meanchey and Banteay Meanchey Provinces. Angkor’s subsidiary, EnerCam
Resources, was granted an onshore oil and gas license of 7300 square kilometers in the southwest
quadrant of Cambodia.
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CONTACT: Delayne Weeks - CEO
Email: [email protected] Website: angkorresources.com
Telephone: +1 (780) 831-8722
Please follow @AngkorResources on LinkedIn, Facebook, Twitter, Instagram and YouTube.
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.
The information in this press release contains certain forward-looking statements, including within the meaning of
applicable securities laws. These statements relate to future events or our future intentions or performance. All
statements other than statements of historical fact may be forward-looking statements. Forward-looking statements
are often, but not always, identified by the use of words such as “anticipate”, “continue”, “demonstrate”, “expect”,
“may”, “can”, “will”, “believe”, “would” and similar expressions and include statements relating to, among other
things, Angkor’s position, strategy and development plans and the benefits to be derived therefrom; the Corporation’s
anticipated annual production growth and annual capital spending for the next three years; that the focus of the
Corporation’s development activities during the remainder of 2023; expectations of when the transaction is completed;
the anticipated focus of Angkor’s operations in 2024; the Corporation’s anticipated 2024 average prod uction; and the
Corporation’s expectations that it will continue to deliver clean, reliable, sustainable energy, contributing to a reduction
in global emissions by displacing high-carbon fuels. Angkor’s actual decisions, activities, results, performance or
achievement could differ materially from those expressed in, or implied by, such forward -looking statements and
accordingly, no assurances can be given that any of the events anticipated by the forward -looking statements will
transpire or occur or, if any of them do, what benefits that Angkor will derive from them.