• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Base Metals Market
    Base Metals News
    Base Metals Stocks
    • Base Metals Market
    • Base Metals News
    • Base Metals Stocks
    copper investing

    Angkor Successfully Renews Licenses on Exploration Property in Cambodia

    Matthew Spizziri
    Mar. 16, 2017 01:10PM PST
    Base Metals Investing
    TSXV:ANK

    SEXSMITH, AB–(Marketwired – March 16, 2017) – Angkor Gold (TSXV:ANK) is pleased to announce it has successfully renewed five exploration licenses totalling 983 km2 in Cambodia.

    SEXSMITH, AB–(Marketwired – March 16, 2017) – Angkor Gold (TSXV:ANK) is pleased to announce it has successfully renewed five exploration licenses totalling 983 km2 in Cambodia.
    The Cambodian Ministry of Mines has renewed the following exploration licenses held by Angkor Gold:
    • Andong Meas (187 km2)
    • Banlung (150 km2)
    • Koan Nheak (189 km2)
    • Oyadao (222 km2)
    • Oyadao South (235 km2)

    The five license renewals have been granted to Angkor for an initial 3 year term with the option to extend a further 4 years. The Company chose not to renew the Banlung North and Trapeang Kraham licenses as part of its policy to pursue only the areas showing the best mineral potential.
    Of specific interest, as reported in a press release dated June 14, 2016 (https://www.angkorgold.ca/1810-2/), Angkor entered into a Joint Exploration Agreement with Japan Oil, Gas and Metals National Corporation (“JOGMEC”) to explore Angkor’s 100% owned Oyadao South license. The agreement gives JOGMEC the option to acquire 51% of the Oyadao South license for a total investment of US$3 million in exploration expenditures over a 3 year period. As reported (June 4, 2015 https://www.angkorgold.ca/angkor-discovers-a-third-mineralized-porphyry/ and Nov. 15, 2015 https://www.angkorgold.ca/work-resumes-at-okalla-west-and-halo-prospects-in-cambodia/), the 7.25 square kilometre Halo Prospect is a mineralized porphyry system discovered by aeromagnetics, termite mound geochemistry, detailed geological mapping, a clay alteration survey and a single reconnaissance IP line.
    With the license renewal, work under this agreement will now commence, and the Company has invited tenders for IP work on the Halo Prospect.
    Dr. Adrian G. Mann, P.Geol., a Qualified Person as defined by National Instrument 43-101 (“NI 43-101”), has reviewed and approved the technical disclosure in this document. Matters pertaining to QA/QC relating to all geological, chemical and physical analysis have been dealt with in the referenced previous press releases.
    Read the full company profile.
    ABOUT ANGKOR GOLD CORP.
    ANGKOR Gold Corp. is a public company listed on the TSX-Venture Exchange and is Cambodia’s premier mineral explorer with a large land package and a first-mover advantage building strong relationships with all levels of government and stakeholders.
    Website at: https://www.angkorgold.ca or follow us on Twitter @AngkorGold.
    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 of the statements made and information contained herein may constitute “forward-looking information.” In particular references to the private placement and future work programs or expectations on the quality or results of such work programs are subject to risks associated with operations on the property, exploration activity generally, equipment limitations and availability, as well as other risks that we may not be currently aware of. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.

    ANGKOR GOLD CORP.
    Stephen Burega
    Vice President of Corporate Development
    Telephone: (647) 515-3734
    Email: sb@angkorgold.ca
    Connect with Angkor Gold (TSXV:ANK) to receive an Investor Presentation.
    oil gastsxv:ankangkor gold corpprivate placementangkor goldcopper investing
    The Conversation (0)

    Go Deeper

    AI Powered
    Angkor Resources Meets Ministry To Expand Boundary Of Oil & Gas Block VIII, Cambodia

    Angkor Resources Meets Ministry To Expand Boundary Of Oil & Gas Block VIII, Cambodia

    Angkor Announces Closing of Over-Subscribed Private Placement Raising $770,000

    Angkor Announces Closing of Over-Subscribed Private Placement Raising $770,000

    Latest News

    Angkor Resources
    Sign up to get your FREE

    Angkor Resources Investor Kit

    and hear about exciting investment opportunities.
    • Corporate info
    • Insights
    • Growth strategies
    • Upcoming projects

    GET YOUR FREE INVESTOR KIT

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Base Metals Investing Stocks

    Blackstone Minerals

     
    BSX:AU

    Osisko Metals: Pure Potential

     
    OM:CA

    Los Andes Copper

     
    LA:CA

    Questcorp Mining

     
    QQQ:CC

    Cygnus Metals

     
    CYG:CC

    Redstone Resources

     
    RDS:AU
    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES
    ×