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Research Project ON Andong Meas License, Cambodia

Corporate Updates

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RESEARCH PROJECT ON ANDONG MEAS LICENSE, CAMBODIA

GRANDE PRAIRIE, AB, (Feb 8, 2022): Angkor Resources Corp. (TSXV: ANK and OTCQ B: ANKOF)

(“Angkor” or “the Company”) reports a mineral research project being undertaken under

collaboration with the highly-respected Institute of Technology of Cambodia (ITC) on the 100%

owned Andong Meas license.

The ITC team, made up of 10 resea rchers, has collaborated with Angkor to study the multiple

prospects across Canada Wall, Gossan Hills, and Wild Boar. ITC’s leaders in this project, Dr. Seang

Sirisokha and Dr. Kret Kakda, both received their doctorate degrees in the Earth Resources

Engineering Department from Kyushu University in Fukuoka, Japan.

Specifically, the research team will travel from Phnom Penh to spend the better part of the week

on initial field work and then follow up with

significant laboratory analys is over the

following months. Three women and seven

men make up the research team.

Angkor contributes by providing full access

to each of the prospects in the field and to

all the data acquired to date, including

ground magnetics, soil sampling, pan

concentrate analysis, diamond drilling,

subsequent assays, etc.

The benefits of the research include:

▪ Research will aid in understanding

how close Angkor is to economic

mineralization and where the Company ’s

efforts are currently concentrated

regarding the mineralized system on its

Canada Wall copper porphyry

▪ Using satellite to ‘see’ alterations

with remote sensing and , using this along

with the benefits of field observations, identify new mineralized prospects

▪ Investigating the weathered zones above the Wild Boar gold target to determine

if the gold mineralization is physiochemically supergene enriched or is enriched

through simple physical erosion.

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▪ Providing more testing and analysis of the clays hosting rare earth elements, and

use that to help define a deposit model

▪ Using industry standard methods, the team will determine the ages of the

mineralized host rocks. Age determination will allow the company to compare

Canada Wall to other deposits of the same age in Southeast Asia.

CEO Ms. D. Weeks comments, “A number of Cambodia’s resource opportunities are only

recently being identified and research teams like this help mold the future and educate all

people about the impact of mineralization and deposits. Countries with their own source of

minerals and energy gain national economic strength. ITC is very well respected, and we have

worked with the professionals of the institution several times, and always found their work

impressive and beneficial. This is a perfect example of sharing best practices for a more robust

exploration of a property.”

The technical activities and objectives of the fieldwork component are:

1. To verify the hydrothermal alteration between remote sensing and field observations.

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2. To select fresh and altered samples in Andong Meas’s prospects for petrograph thin

section, XRD, and ASD analysis

3. To investigate physicochemical processes related to the evolution of the gossan cover

and the supergene gold enrichment

4. The identification of mineralogical, textural and geochemical characteristics of rare

earth elements along with the gossan profile

5. To determine the age of the Zircon U–Pb intrusion rocks to limit the age of the

installation of the intrusion rocks and to better understand the geological history of

China Wall’s prospects

Results from the research will be forthcoming in several months.

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 CORP.

Angkor Resources Corp. is a public company, listed on the TSX-Venture Exchange, and is a leading

resource optimizer in Cambodia with multiple licenses in NE quadrant of the country. In 2020,

the company received approval and initiated negotiations on Production Sharing Contract (PSC)

terms for Block VIII, a 7,300 square kilometre oil and gas license in Cambodia.

CONTACT:

Delayne Weeks, CEO Telephone: +1 (780) 831-8722

Email: [email protected]

Website: http://www.angkorresources.ca or follow us on Twitter @AngkorResources

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 information set forth in this news release may contain forward -looking statements that involve substantial known and

unknown risks and uncertainties. These forward -looking statements are subject to numerous risks and uncertainties, certain of

which are beyond the control of the Company, including, but not limited to the potential for gold and/or other minerals at any of

the Company’s properties, the prospective nature of any claims comprising the Company’s property interests, the impact of general

economic conditions, industry conditions, dependence upon regulatory approvals, uncertainty of sample results, timing and results

of future exploration, and the availability of financing. Readers are cautioned that the assumptions used in the preparation of such

information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance

should not be placed on forward-looking statements.