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Angkor Gold Corp. (TSXV:ANK) announced the discovery of a third mineralized porphyry system in the southeast of its Cambodia-based Oyadao South tenement. The copper-moly discovery is called Halo and it covers an area of 1 kilometer by 750 meters.
Angkor Gold Corp. (TSXV:ANK) announced the discovery of a third mineralized porphyry system in the southeast of its Cambodia-based Oyadao South tenement. The copper-moly discovery is called Halo and it covers an area of 1 kilometer by 750 meters.
As quoted in the press release:
Mapping identified molybdenite and copper mineralization in veins and veinlets in intrusive and volcanic rocks. The Halo discovery lies 2km southeast of the corridor of mineralization that runs through both Angkor Gold’s Dokyong and Otray prospects and Mesco’s Gold Mine site.
Mike Weeks, CEO of Angkor, said:
These developments are exciting, the large scope of the project merits a partnership with a veteran company that can advance the project, while allowing Angkor Gold to maintain our focus of gold-bearing epithermal deposits. Our management team is now actively seeking a qualified joint partner for the Halo project.
Dr. Craig Hart, director and associate professor at UBC’s Mineral Deposit Research Unit, collaborated on the discovery with Angkor. He commented:
I think the fact that ANK has discovered three porphyry systems in a jurisdiction not previously known to host such deposits is a massive measure of success and a testament to a strong exploration team. It also indicates the opportunities and upsides that are within Cambodia. I particularly admire ANK’s proactive approach and advances on societal and community development. Angkor Gold is clearly a leader in this space in Cambodia.
Click here to read the full Angkor Gold Corp. (TSXV:ANK) press release.
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). It holds a royalty on the developing Mesco Gold Mine site, an Angkor Gold discovery.
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