Base Metals

TSXV:ANK

Angkor Gold Corp. (TSXV:ANK) announced that the 2015/16 exploration program has launched. The company’s exploration season will utilize the expertise of Beijing Explo-Tech Engineering Co. Ltd. of China to continue exploration on both the Okalla West gold project and the Halo copper-molybdenum project in addition to advancing their regional knowledge of their 1500 km2 land package.

Angkor Gold Corp. (TSXV:ANK) announced that the 2015/16 exploration program has launched. The company’s exploration season will utilize the expertise of Beijing Explo-Tech Engineering Co. Ltd.of China to continue exploration on both the Okalla West gold project and the Halo copper-molybdenum project in addition to advancing their regional knowledge of their 1500 km2 land package.
As quoted in the press release:

The exploration program will further expand Angkor‘s geophysical understanding of both areas. The 2015 field program, on its 100% owned properties, will initially consist of 20 km2 IP (Induced Polarization) geophysical survey aimed at defining the size and scale of the main target responses on both projects. In addition, both regional and detailed mapping along with infill soil geochemistry sampling will be ongoing throughout the season to further evaluate the primary exploration targets.
The main follow-up work will focus on the 7.25 km2 Cu anomaly (up to 7470 ppm), with a 0.9 km2 central Mo anomaly (up to 1490 ppm) in Halo and the 2 km2 NW-SE trending gold anomaly with 83% of pan concentrates containing visible gold in Okalla-West. Angkor will also be conducting semi-regional field termite geochemical surveys as follow-up on stream sediment survey gold anomalies in its Andong Meas Tenement, to the west and north-west of the CW prospect.

Angkor Gold VP of Operations, J.P. Dau, stated:

We are excited to be getting back into the field. We have taken the time over the monsoon season to evaluate our 2014/15 field data, which has further reinforced the significance of our flagship prospects, Halo, Okalla West and CW. With the advancements made on these prospects this season, our goal is to bring our understanding of these assets to a drill-ready position and explore serious joint-venture interest to take these prospects to the next stage.

Angkor Gold President, Mike Weeks, commented:

I am committed to opening every door I can to identify the most advantageous joint-ventures on our flagship prospects – Halo and CW. Having the BETEC team onsite to continue providing us with their world-class geophysical support further emphasises my high expectations for this year’s work program

MARKETS

Markets
TSX19620.13+43.09
TSXV664.17+4.09
DOW32803.47+76.65
S&P 5004145.19-6.75
NASD12657.55-63.03
ASX7015.60+40.70

COMMODITIES

Commodities
Gold1774.96+1.14
Silver19.90+0.01
Copper3.55+0.07
Palladium2124.59+12.40
Platinum936.51+2.50
Oil88.53-0.01
Heating Oil3.20-0.13
Natural Gas8.01-0.12

DOWNLOAD FREE REPORTS

×