CHINA WALL FIRST TARGET OF NEW DRILLING SEASON
GRANDE PRAIRIE, AB (December 18th 2014) ANGKOR GOLD CORP. (TSXV: ANK) (“ANGKOR”) is pleased to announce that they will commence diamond drilling shortly at China Wall prospect on Andong Meas tenement in Ratanakiri Province, Cambodia.
China Wall has been the subject of an intensive exploration program, including detailed geological and shortwave infrared (SWIR) mapping and termite mound geochemical survey over the past 2 seasons, culminating in an Induced Polarization (IP) survey which has just been completed. The first phase of diamond drilling will be sited within the >600m chargeability strike defined previously in the IP survey which was suspended in July at the onset of the monsoon rains (PR dated 2014-09-09). The holes will target the southern lobe of the chargeability anomaly.
“Our team has put a lot of time and effort into the selection of this target,” said Dr. Adrian Mann VP of Exploration of ANGKOR, “and we are confident that this drilling will substantiate our teams work.”
All termite samples were analysed in-house for base metals by X-Ray Diffraction, which has been calibrated against some 2500 samples sent for ICP-MS analyses by ALS-Chemex. Duplicate, blank and standard QA/QC samples are run on a random basis which average 10 samples per 100, and instrumental drift adjustments are made on the basis of the blanks and standards every 100 samples. Geophysical work was done under contract by Betec, under the joint field supervision of contract geologists from Shandong Institute and ANGKOR’s staff geologists. The QP for this release is Dr. Adrian G. Mann, P.Geol. VP Exploration for ANGKOR, who wrote and approved it.
ANGKOR’s 7 exploration licences in the Kingdom of Cambodia cover 1448 km2, which the company has been actively exploring over the past 5 years. The company has now covered all tenements with stream sediment geochemical sampling; has flown low level aeromagnetic surveys over most of the ground; drilled 18,737 metres of NQ core in 148 holes; and has collected in excess of 20,000 augered ‘B’ and ‘C’ zone soil samples and 55,000 termite mound samples in 17 centres of interest, over a combined area of 85km2, in addition to numerous trenches and detailed geological field mapping. Exploration on all tenements is ongoing.
ANGKOR GOLD CORP., a public company listed on the TSX-Venture Exchange, 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).
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 WILL NOT BE, REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS, AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO U.S. PERSONS UNLESS REGISTERED OR EXEMPT THEREFROM
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.