With high-quality, drill-ready assets with world-class discovery potential, Piche Resources is a compelling business case for investors looking to leverage a bull market for uranium and gold.
Piche Resources (ASX:PR2) is an ASX-listed mineral exploration company focused on uranium and gold exploration in Tier-1 jurisdictions: Western Australia and Argentina. The company holds 100 percent ownership of all of its projects and is supported by a highly experienced board and technical team.
Targeting globally significant discoveries in Tier-1 mineral provinces
Piche’s portfolio includes the advanced-stage Ashburton uranium project in Western Australia and two large-scale exploration projects in Argentina: the Cerro Chacon gold-silver project and the Sierra Cuadrada uranium project. These projects have delivered high-grade exploration results and are drill-ready, positioning the company to unlock significant shareholder value through systematic exploration programmes.
Piche has an internationally recognized board focused on creating long-term shareholder value, and an in-country technical team in Argentina with a proven track record of taking projects from discovery through to development.
Cerro Chacon interpreted geology and tenement holding
Cerro Chacon is a large-scale, early-stage gold-silver exploration project located in the Chubut Province of Argentina. The project is situated within a region known for hosting world-class low-sulphidation epithermal systems, including Cerro Negro and Cerro Vanguardia. With multiple gold-bearing structures confirmed over a 14 km corridor, Cerro Chacon is emerging as a highly promising and underexplored precious metals system with substantial scale and grade potential.
Location: ~40 km southwest of Paso de Indios, Chubut Province
Tenure: 414 sq km across multiple tenements
Highlights:
The Ashburton project is Piche’s flagship uranium exploration asset in Australia, situated in the Pilbara region of Western Australia. Located within a historically underexplored but highly prospective unconformity-related uranium district, the project provides the company with strong leverage to the growing global demand for uranium. The project is geologically analogous to world-class Proterozoic uranium systems, with multiple confirmed mineralised zones and a regional corridor of 60 km.
Sierra Cuadrada is Piche’s primary uranium asset in Argentina, covering a vast area within the San Jorge Basin. This large-scale project has demonstrated strong surface uranium mineralisation with multiple drill-ready prospects. With mineralisation confirmed across extensive zones and supported by historical radiometric and geochemical data, Sierra Cuadrada has the potential to host multiple Tier-1 uranium deposits in a cost-effective, near-surface setting.
Teo 5 and 6 prospect 2024 auger drill programme
Location: San Jorge Basin, ~200 km north of Comodoro Rivadavia
Tenure: 1,310 sq km across multiple licences
Highlights:
John Simpson has over 37 years of experience in mineral exploration, development and mining. Previously the executive chairman and founder of Peninsula Energy Limited (ASX:PEN), a USA uranium producer.
Stephen Mann is a geologist with over 40 years of experience in exploration, discovery and development of mining projects, including 20 years in the uranium sector. Formerly the Australian managing director of Orano, the world’s third-largest uranium producer.
Pablo Marcet is a senior geoscientist with 38 years of experience in exploration, discovery and development of mineral deposits. Currently an independent director of lithium producer Arcadium Lithium (NYSE:ALTM) and previously a director of Barrick Gold (NYSE:GOLD) and U3O8 (TSX:UWE).
Clark Beyer is an internationally recognized nuclear industry executive with over 35 years of experience. Formerly the managing director of Rio Tinto Uranium and currently principal of Global Fuel Solutions, providing strategic consulting to the international uranium and nuclear fuels market.
Stanley Macdonald is a nationally recognized mining entrepreneur, founding director and instrumental in the success of numerous ASX-listed companies, such as Giralia Resources, Northern Star and Redhill Iron. He is currently a director of Zenith Minerals.
Targeting globally significant uranium and gold discoveries in Australia and Argentina
(TheNewswire)
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Vancouver, British Columbia, October 2, 2025 TheNewswire - Prismo Metals Inc. (" Prismo " or the " Company ") (CSE: PRIZ,OTC:PMOMF) (OTCQB: PMOMF) is pleased to announce that all matters were approved at the Company's annual general and special meeting of shareholders held on October 2, 2025 (the " Meeting ").
At the Meeting, the Company's shareholders elected a board of directors comprising Alain Lambert, Louis Doyle, Craig Gibson and Martin Dupuis, and approved the re-appointment of the Company's current auditor, DeVisser Gray LLP. In addition, shareholders approved (a) the adoption of the new "rolling up to 20%" long-term incentive plan (the " Plan ") dated August 18, 2025; (b) the continuance of the Company from Canada into British Columbia under the Business C orporations Act (c) and a possible new corporate name as is determined by the directors of the Company.
The Company also announces that, pursuant to the Plan, it has granted a total of 850,000 stock options (the " Options ") to certain directors and officers of the Company and 100,000 Options to a consultant of the Company. The Options are each exercisable to purchase one common share of the Company (a " Common Share ") at an exercise price of $0.15 for a period of five years. The Options will vest over one year, with one-quarter of the Options vesting every three months.
The Company has also issued an aggregate of 725,000 restricted share units (the " RSUs ") to certain directors and officers of the Company. Each RSU entitles the holder to be issued one Common Share on vesting. T he RSUs will vest over one year, with one-quarter of the RSUs vesting every three months.
About Prismo Metals Inc.
Prismo (CSE: PRIZ,OTC:PMOMF) is mining exploration company focused on advancing its Silver King, Ripsey and Hot Breccia projects in Arizona and its Palos Verdes silver project in Mexico.
Please follow @PrismoMetals on , , , Instagram , and
Prismo Metals Inc.
1100 - 1111 Melville St., Vancouver, British Columbia V6E 3V6
Phone: (416) 361-0737
Contact:
Alain Lambert, Chief Executive Officer alain.lambert@prismometals.com
Gordon Aldcorn, President gordon.aldcorn@prismometals.com
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES
OR FOR DISSEMINATION IN THE UNITED STATES
Copyright (c) 2025 TheNewswire - All rights reserved.
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FPX Nickel Corp. (TSXV: FPX) (OTCQB: FPOCF) (" FPX " or the " Company ") is pleased to announce the signing of an Exploration Agreement (the " Agreement ") with the Takla Nation for exploration activities associated with the Klow property in central British Columbia . The Agreement outlines a collaborative framework for FPX and Takla Nation to move forward responsibly with early-stage exploration, establishing important protocols for engagement, environmental protection, employment, training, and business opportunities.
"This Agreement underscores our commitment to engagement with Indigenous communities from the earliest stages of our exploration work," said Martin Turenne , President, CEO, and Director of FPX. "We look forward to continuing to work with the Takla Nation, guided by transparency, respect, and a shared vision for sustainable development in Takla territory."
"The signing of this agreement marks an important step in strengthening our relationship with FPX. By establishing clear principles for engagement, this agreement ensures that our voices are heard from the earliest stages of exploration," commented Chief John French of Takla Nation. "We look forward to working collaboratively with FPX to protect our lands and ensure shared benefits for our community."
Background
The Klow Property is situated approximately 120 km northwest of Fort St. James and around 45 km north of FPX's flagship Baptiste Nickel Project. Portions of the Klow Property are accessible via an all-season public road which connects Fort St. James to Takla Landing . Like the Baptiste Nickel Project, the exploration target for the Klow property is nickel in the form of awaruite, a sulphur-free, nickel-iron mineral (Ni 3 Fe) hosted by serpentinized ultramafic rocks.
Exploration at the Klow Property has advanced in several stages since its initial evaluation. Between 2010 and 2012, FPX conducted geological mapping and rock sampling that delineated a large awaruite target area measuring approximately 1.5 by 1.0 kilometres, with encouraging surface grades. In 2012, a five-hole, 1,579-metre diamond drill program tested a portion of this target, with hole DH-4 intersecting 316 metres grading 0.10% nickel-in-alloy 1 from 10 metres downhole. In 2024, the Company re-analyzed 68 archived core samples from DH-4 using Davis Tube Recoverable (DTR) methods, which confirmed strong correlation with historical nickel-in-alloy values and returned DTR nickel grades averaging 7–10% higher than the original nickel-in-alloy results. Also in 2024, FPX expanded the Klow mineral claims to 251 km 2 , covering mainly prospective ultramafic rocks of the Trembleur Ultramafite, host to mineralization at Baptiste.
As announced in May 2025 , FPX undertook a summer 2025 surface rock sampling program, 100% funded by the Japan Organization for Metals and Energy Security (" JOGMEC "). The Agreement with Takla Nation will enable planning and readiness for future exploration activities.
Klow Property Earn-In Agreement
As previously disclosed, FPX and JOGMEC have entered into an earn-in agreement (the " Klow Earn-In Agreement ") which provides JOGMEC the option to earn a beneficial interest in the Company's Klow Property in central British Columbia .
The key terms of the Klow Earn-in Agreement are as follows:
Note 1: results were obtained by geochemical analysis and may not accurately represent Davis Tube Recoverable (DTR) nickel grades. DTR nickel values refer to the portion of the total contained nickel that is recovered from a magnetically separated fraction of the sample. Nickel-in-alloy results refer to nickel recovered by a selective geochemical leach which targets nickel contained in awaruite. While both methods measure nickel in awaruite, awaruite particle exposure and grain size influence each method slightly differently, therefore these results are not directly comparable.
Keith Patterson , P.Geo., FPX's Vice President, Exploration, FPX's Qualified Person under NI 43-101, has reviewed and approved the scientific and technical content of this news release.
About FPX Nickel Corp.
FPX Nickel Corp. is focused on the exploration and development of the Baptiste Nickel Project, located in central British Columbia , and other occurrences of the same unique style of naturally occurring nickel-iron alloy mineralization known as awaruite. For more information, please view the Company's website at https://fpxnickel.com/
On behalf of FPX Nickel Corp.
"Martin Turenne"
Martin Turenne , President, CEO and Director
Forward-Looking Statements
Certain of the statements made and information contained herein is considered "forward-looking information" within the meaning of applicable Canadian securities laws. These statements address future events and conditions and so involve inherent risks and uncertainties, as disclosed in the Company's periodic filings with Canadian securities regulators. Actual results could differ from those currently projected. The Company does not assume the obligation to update any forward-looking statement.
Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
SOURCE FPX Nickel Corp.
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The Red Mountain Deposit Remains Open to Expansion in Multiple Directions with Assays Pending
Silver47 Exploration Corp. (TSXV: AGA,OTC:AAGAF) (OTCQB: AAGAF) ("Silver47" or the "Company") is pleased to announce the completion of its summer 2025 drill program at its wholly-owned Red Mountain Project in south-central Alaska.
Highlights:
Galen McNamara, CEO, stated: "The 2025 Red Mountain drill program has intersected massive sulfides in multiple holes. With assays pending, we now look forward to drilling at Mogollon in Q4 of this year and Hughes in early 2026. Fully funded with $27 million, we're positioned to accelerate resource growth on our silver and critical mineral projects to deliver value from America's next generation of strategic mineral assets."
Highlights from Previous Drilling (see news releases dated November 21 and 26, 2024 and February 12, 2025):
*Notes: g/t=grams per tonne; AgEq=silver equivalent; ZnEq=zinc equivalent; m=metres; Ag=silver; Au=gold; Cu=copper; Zn=zinc; Pb=lead; 1ppm=1 g/t. Equivalencies are calculated using ratios with metal prices of US$2,750/tonne Zn, US$2,100/tonne Pb, US$8,880/tonne Cu, US$1,850/oz Au, and US$23/oz Ag and metal recoveries are based on metallurgical work returned of 90% Zn, 75% Pb, 70% Cu, 70% Ag, and 80% Au. Silver Equivalent (AgEq g/t) = [Zn (%) x 47.81] + [Pb (%) x 30.43] + [Cu (%) x 119] + [Ag (g/t) x 1] + [Au (g/t) x 91.93]
Figure 1. Plan Map of Red Mountain Project showing over 35 targets highlighting the Dry Creek and West Tundra Flats target.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10967/268546_860a7d7c4431badc_002full.jpg
Figure 2: (see attached figure). Mineralized core from drill hole DC25-110 at the Dry Creek deposit showing disseminated, semi-massive and massive sulfide mineralization featuring pyrite, chalcopyrite, sphalerite and galena (148.5 to 170.9m downhole). Photo is not intended to be representative of broader mineralization.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10967/268546_860a7d7c4431badc_003full.jpg
Figure 3: (see attached figure). Mineralized core from drill hole DC25-112 at the Dry Creek deposit showing disseminated, semi-massive and massive sulfide mineralization featuring pyrite, chalcopyrite, sphalerite and galena (228.55 to 245.55m downhole). Photo is not intended to be representative of broader mineralization.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10967/268546_860a7d7c4431badc_004full.jpg
Figure 4: (see attached figure). Mineralized core from drill hole DC25-113 at the Dry Creek deposit showing disseminated, semi-massive and massive sulfide mineralization featuring pyrite, sphalerite and chalcopyrite (222.9 to 240.05m downhole). Photo is not intended to be representative of broader mineralization.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10967/268546_860a7d7c4431badc_005full.jpg
Figure 5: (see attached figure). Mineralized core from drill hole WTF-38 at the West Tundra Flats Deposit showing disseminated, semi-massive and massive sulfides consisting of pyrite, sphalerite, galena and chalcopyrite (172.65 to 180.5m downhole). Photo is not intended to be representative of broader mineralization.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10967/268546_860a7d7c4431badc_006full.jpg
Drill Program
The 2025 Red Mountain drill program consisted of fifteen drill holes - eight holes at the Dry Creek target (Figure 1) and seven holes were completed at the West Tundra Flats target (Figure 1). The Dry Creek and West Tundra Flat targets together account for an inferred resource of 15.6 Mt at 336 g/t AgEq* for 168.6 million silver equivalent ounces.
Drilling at both targets consisted of a series of infill and step-out holes designed to test areas near historical high-grade drill intercepts and modelled domains where the structural controls on high-grade mineralization were not fully resolved. Multiple holes at each target intersected mineralized zones consisting of variable proportions of massive, semi-massive, and disseminated sulfides (Figures 2, 3, 4, and 5). Assays are pending from all holes drilled.
Based on observations from drilling together with results from ongoing geological modelling, multiple mineralized lenses and domains at Dry Creek and West Tundra Flats targets remain open along strike and down-dip. The company will integrate all new assay data with the geological modelling to guide vectoring towards additional VMS-related, high-grade mineralization in 2026.
Quality Assurance and Quality Control
Quality assurance and quality control (QAQC) protocols for drill core sampling at the Red Mountain Project followed industry standard practices. Core samples were typically taken at 1.0 m intervals in mineralized zones, and 3.0 m intervals outside of mineralized zones. Sample lengths were adjusted as necessary so as not to cross lithologic and mineralogic boundaries. QAQC check samples were inserted into the sample stream with one blank, one duplicate (coarse), and one certified reference material (CRM) occurring within every 20 samples. Drill core was cut in half, bagged, sealed and delivered directly to ALS Minerals Fairbanks, Alaska for transport to the ALS Minerals Laboratories labs in North Vancouver, British Columbia. ALS Minerals Laboratories are registered to ISO 9001:2008 and ISO 17025 accreditations for laboratory procedures. Core samples were analyzed at ALS Laboratory facilities in North Vancouver using four-acid digestion with an ICP-MS finish. Gold analysis was by fire assay with atomic absorption finish, or gravimetric finish for over-limit samples. Over-limits for silver, zinc, copper, and lead were analyzed using Ore Grade four-acid digestion. The standards, certified reference materials, were acquired from CDN Resource Laboratories Ltd. of Langley, British Columbia and selected to represent expected mineralization.
Corporate Update
Further to its news releases dated September 16, 2025, with respect to the closing of a brokered private placement of units for gross proceeds of $23,000,460 (the "Offering"), the Company wishes to clarify that out of the aggregated advisory warrants of 256,204 and advisory fee of $179,342.80 plus tax, the Company issued 142,860 advisory warrants to Golden Capital Consulting Ltd. and paid a cash fee of $100,002 plus tax to Gold Funnel Consulting & Investing Inc. in connection with the Offering.
Qualified Person
The technical content of this news release has been reviewed and approved by Galen McNamara, P. Geo., the CEO of the Company and a qualified person as defined by National Instrument 43-101.
About Silver47 Exploration
Silver47 Exploration Corp is a mineral exploration company, focused on uncovering and developing silver-rich deposits in North America. The Company is creating a leading high-grade US-focused silver developer with a resource totaling 236 Moz AgEq at 334 g/t AgEq inferred and 10 Moz at 333 g/t AgEq indicated. With operations in Alaska, Nevada and New Mexico, Silver47 Exploration is anchored in America's most prolific mining jurisdictions. For detailed information regarding the resource estimates, assumptions, and technical reports, please refer to the NI 43-101 Technical Report and other filings available on SEDAR at www.sedarplus.ca. The Company trades on the TSXV under the ticker symbol AGA and OTCQB under the ticker symbol AAGAF.
For more information about the Company, please visit www.silver47.ca and see the Technical Report filed on SEDAR+ (www.sedarplus.ca) and titled "Technical Report on the Red Mountain VMS Property Bonnifield Mining District, Alaska, USA with an effective date January 12, 2024, and prepared by APEX Geoscience Ltd."
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On Behalf of the Board of Directors
Mr. Galen McNamara
CEO & Director
For investor relations
Giordy Belfiore
604-288-8004
gbelfiore@silver47.ca
No securities regulatory authority has either approved or disapproved of the contents of this release. Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
FORWARD-LOOKING STATEMENTS
Certain statements contained in this news release constitute forward-looking statements or forward-looking information under applicable securities laws (collectively, "forward-looking statements"). Such statements relate to future events or the Company's future plans, performance, business prospects or opportunities that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "anticipate", "believe", "estimate", "expect", "intend", "plan", "potential", "could", "may", "will" and similar expressions) are not statements of historical fact and may be forward-looking statements.
Forward-looking statements in this news release include, but are not limited to: the interpretation of exploration results; the significance of drill results; the potential for additional mineralization; the timing and success of future exploration activities, including drilling and sampling; the ability to expand or upgrade mineral resources through further exploration; the potential for future economic studies on the project; and the Company's plans and objectives in advancing its exploration properties.
These forward-looking statements are based on a number of assumptions considered reasonable by management as of the date of this news release, including assumptions regarding: the accuracy of geological interpretations; continuity of mineralization; the Company's ability to obtain necessary permits and approvals; availability of financing and personnel to carry out planned programs; future commodity prices; and general business and economic conditions.
Forward-looking statements are inherently subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those expressed or implied. Such risks include, but are not limited to: risks inherent in mineral exploration, including unexpected results or outcomes; delays or inability to obtain required permits and approvals; availability and cost of financing, labour and equipment; changes in commodity prices and foreign exchange rates; political, regulatory and environmental risks in the jurisdictions where the Company operates; community or social risks; and other risks described in the Company's continuous disclosure documents filed at www.sedarplus.com.
Although the Company believes the expectations expressed in such forward-looking statements are reasonable, no assurance can be given that these expectations will prove to be correct and such statements should not be unduly relied upon. Forward-looking statements speak only as of the date of this news release. The Company does not undertake any obligation to update or revise any forward-looking statements, except as required by applicable securities laws. Actual results may differ materially from those expressed or implied in forward-looking statements
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HIGHLIGHTS
Commenting on the successful placement and recent high grade copper results, Chairman Richard Homsany said:
“We are pleased with the strong level of support for the fund raising which substantiates the high quality of Redstone’s West Musgrave Copper Project. We welcome new shareholders and sincerely thank all subscribers and Volatility for acting as lead manager.
We remain enthusiastic about the potential of our West Musgrave Copper Project, which encompasses the high-grade Tollu copper deposit, and by the recently announced assay result from our diamond drill hole campaign which returned 10m at 1.37% Cu (including 4m at 2.37% Cu).
We are especially pleased with the anomalous cobalt result - 1.2m of Cobalt (Co) mineralisation grading 0.12% Co from 201.4m downhole, as it is a possible indication of Ni-Cu-Co mineralisation origins for the Chatsworth Cu mineralisation, such as a Voisey’s Bay style or a Nebo-Babel style Ni- Cu-Co deposit. BHP’s 100% owned Nebo-Babel Project is located only some 60km west of our West Musgrave Copper Project.
We look forward to receiving all remaining assay results from the diamond drill hole and realising potential value from future exploration programmes.”
Planned activities include potential follow up RC drilling and evaluation of highly prospective magnetic anomalies along a 7.5km corridor northeast of the Tollu copper deposit (Tollu) and potentially another EIS co-funded deep diamond drill hole (R31) at Tollu.
Recent drilling of EIS Co-funded drillhole (R29) TLD005, to 1,195.5m downhole completed in June 2025, was aimed to test deep beneath the Tollu Cu veins for evidence of a Voisey’s Bay style massive Cu-Ni mineralising system. This is based on Redstone’s conceptual exploration model for the current drilling that the high grade Tollu Cu veins could represent a remobilisation of Cu, preferentially leached by hydrothermal fluids from a large, massive sulphide accumulation hosted within a mafic magmatic intrusion at depth (see ASX announcement of 23 April 2025).
First assays returned from TLD005 showed that 10m of continuous Cu mineralisation was intersected early in the drillhole from 193m downhole depth, within a Chatsworth quartz vein hosting Cu sulphides. The intersection contained:
The Cu intersection also contained 1.2m of Cobalt (Co) mineralisation grading 0.12% Co from 201.4m downhole (see ASX announcement of 17 September 2025).
The presence of the Co mineralisation within Tollu Cu veins could be an indication that the Cu is a secondary remobilisation from a much larger Ni-Cu-Co mineralisation source (see ASX announcement of 23 April 2025).
One such source is potentially a Voisey’s Bay style Ni-Cu-Co deposit nearby to Tollu. This is particularly significant given the BHP-owned world-class 1.3 Mt Cu (contained) and 1.2Mt Ni (nickel) Nebo-Babel deposit, with similar geology to that of Voisey’s Bay, is located just 60km west of Tollu (see Figure 1).
Results for a further 183 TLD005 samples selected for geochemical analysis remain pending.
Figure 1 – Location of Redstone's West Musgrave Project and the Tollu Cu Deposit relative to the world class Nebo-Babel Cu-Ni-Co Deposit and other deposits and prospects in the area. Information for deposits and prospects from DEMIRS Minedex, Cassini Resources Ltd ASX announcement of 7 December 2015 and Redstone Resources Ltd maiden JORC 2012 resource ASX announcement of 15 June 2016.
Placement Details
The Placement received strong support from sophisticated and professional investors introduced by Volatility Pty Ltd (Volatility), lead manager to the Placement. Volatility will be paid a capital raising fee of 6% plus GST of total Placement funds raised by them.
The Placement Shares will be issued under the Company’s existing placement capacity under ASX Listing Rule 7.1A (104,426,735) and ASX Listing Rule 7.1 (81,287,551).
The Shares under the Placement are expected to be issued on 8 October 2025 and will rank equally with the Company's existing fully paid ordinary shares.
Click here for the full ASX Release
This article includes content from Redstone Resources Ltd, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.
About Vertex Minerals Limited:
Vertex Minerals Limited (ASX:VTX,OTC:VTXXF) is an Australian based gold exploration company developing its advanced Hargraves and Hill End gold projects located in the highly prospective Eastern Lachlan Fold Belt of Central West NSW. Other Company assets include the Pride of Elvire gold project and Taylors Rock gold/nickel/lithium project both located in the Eastern Goldfields of WA. The focus of Vertex Minerals is to advance the commercial production of gold from its NSW projects embracing an ethical and environmentally sustainable approach.
Source:
Vertex Minerals Limited
Contact:
Roger Jackson
Executive Chairman
Tully Richards
Technical Director
tully@vertexminerals.com.au
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GRANDE PRAIRIE, AB, (September 30, 2025): - TheNewswire - Angkor Resources Corp. (TSXV: ANK and OTC: ANKOF) ("Angkor" or "the Company") announces its energy subsidiary, EnerCam Resources Co. Ltd. (Cambodia) ("EnerCam") has completed the onshore 350-line kilometer 2D seismic program on Block VIII, including the newly added area of Mussel Basin.
The seismic program is the first onshore seismic for the Kingdom of Cambodia since preliminary lines were shot in 2008 and in 2013. The Company contracted and used EnviroSeis equipment for low impact and high data coverage. The seismic program covered areas across the four provinces of Sihanoukville, Kampong Speu, Koh Kong and Kampot.
President of EnerCam, Mike Weeks commented on the program, "We are so impressed with the quality of work from our local staff, who worked through some less than optimal weather conditions to help facilitate acquiring this valuable data. We will be completing a preliminary assessment of the data as it becomes available and then a secondary assessment to hopefully define drill targets."
Processing and interpretation of the data from the 350-line kilometers will occur over several months by multiple parties and is expected to arrive in segments as each seismic line is processed.
Full length of the program was 47 days, starting at 5:00 am daily with standard safety and tailgate meetings and then crews deployed for three rotational activities, namely:
to go ahead of vibration units to place geophones and data recorders along designated paths;
to go sweep an area already installed with recorders and geophones with vibration units; and
to go behind the areas of completed sweeps and pick up recorders and geophones to deploy to the next proposed line.
A team of 53 people participated in training and then worked 12-hour days, seven days per week to accomplish the program. Of the personnel, 13 Thai came in as part of the contracted team and the remaining 40 were Khmer people, the majority of which were from local villages and 12 of them were trainees from the Institute of Technology in their 4 th or 5 th year of their geoscience studies.
Keith Edwards, Technical Manager for EnerCam, had these words, "We have seen the preliminary processing (brute stack) for 9 of the 24 lines and can already see a broad, closed structure with some parallel beds and some more complex stratigraphy with amplitude bright spots. With no wells we won't know for sure what formations we are dealing with until we drill. We have acquired the data in such a manner to get "extra" coverage by having live receivers on nearby parallel lines. This gives us additional coverage in key areas that we hope will allow us to see the complex reflectors in map view. as a "poor mans 3D". The figure below shows the midpoint density map without and with recording on nearby lines."
Click Image To View Full Size
Click Image To View Full Size
Figure 2 Outline of Block VIII with red seismic lines completed in the program and the additional Mussel Basin outlined in the northeast section.
ABOUT Angkor Resources CORPORATION:
Angkor Resources Corp. is a public company, listed on the TSX-Venture Exchange, and is a leading resource optimizer in Cambodia working towards mineral and energy solutions across Canada and Cambodia. ANGKOR's carbon capture and gas conservation project in Saskatchewan, Canada is part of its long-term commitment to Environmental and Social projects and cleaner energy solutions across jurisdictions. The company's mineral subsidiary, Angkor Gold Corp. in Cambodia holds three mineral exploration licenses in Cambodia and its Cambodian energy subsidiary, EnerCam Resources, was granted an onshore oil and gas license of 7300 square kilometers in the southwest quadrant of Cambodia called Block VIII. The license was reduced to roughly half the size with the Company's voluntary removal of all parks and protected areas in March 2025 and 220 square kilometers were added in August 2025; making the license a current area of 4277 square kilometers. Since 2022, Angkor's Canadian subsidiary, EnerCam Exploration Ltd., has been involved in gas/carbon capture and oil and gas production in Evesham, Saskatchewan.
CONTACT: Delayne Weeks - CEO
Email: info@angkorresources.com Website: angkor resources.com
Telephone: +1 (780) 831-8722
Please follow @AngkorResources on , , , Instagram and .
Certain information set out in this news release constitutes forward-looking information within the meaning of applicable securities laws. Forward-looking information is often, but not always, identified by the use of words such as "seek", "anticipate", "hope", "plan", "continue", "estimate", "expect", "may", "will", "intend", "could", "might", "should", "scheduled", "believe" and similar expressions. The forward- looking information set out in this news release relates to future events or our future performance and includes, without limitation statements concerning the Shares for Debt Transaction, Angkor's ability to obtain all necessary approvals in respect of the Shares for Debt Transaction and the participation of certain insiders and management in the Shares for Debt Transaction.
Although the forward-looking information contained in this news release is based upon what management of Angkor believes are reasonable assumptions on the date of this news release, Angkor cannot assure readers that actual results will be consistent with such forward-looking information. Forward-looking information involves substantial known and unknown risks, uncertainties and other factors which cause actual results to vary from those expressed or implied by such forward looking information, including without limitation those risks and uncertainties described in more detail in Angkor's securities filings available at www.sedarplus.ca . Forward-looking information should not be read as a guarantee of future performance or results, and will not necessarily be an accurate indication of whether or not such results will be achieved.
The forward-looking information contained in this news release is provided as of the date hereof. Angkor disclaims any intention or obligation to update or publicly revise any forward–looking information whether as a result of new information, future events or otherwise, except as required under applicable securities laws. All forward-looking information contained in this news release is expressly qualified in its entirety by the foregoing cautionary statements.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release .
Copyright (c) 2025 TheNewswire - All rights reserved.
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