- Angkor Resources has announced that early assay results of the Wild Boar gold project indicate promising gold grades of 0.15 to 7.76 g/tonne
- Drilling operations are anticipated to commence in May 2021 after geological and geophysical interpretations are completed
- Angkor Resources is a leading mineral explorer in Cambodia
- Angkor Resources (ANK) is up 10.00 per cent and is currently trading at C$0.055 per share
Angkor Resources has announced that early assay results of the Wild Boar gold prospect indicate promising gold grade results.
The initial results of the program, which was conducted in the northern section of the Wild Boar prospect, yielded gold grades of 0.15 to 7.76 g/tonne.
The tests found shallow dipping veins striking out in two directions, which likely represent an epithermal stockwork emplaced near the roof of the hosting granodiorite intrusive.
Typically, gold grades increase with depth reaching a peak at the point referred to as the 'Bonanza Zone'.
Dennis Ouellette, Angkor's VP of Explorations, commented,
"The low angle veins, presence of dacite dikes and tuffs, lack of significant sulfide, and the absence of base metals suggests that the veins were emplaced relatively close to surface."
"I believe that this means the entire epithermal system should be preserved at depth," he added.
During the 2020 work season, a number of quartz vein float samples were collected at the Wild Boar prospect reaching as high as 70.70 g/t Au and numerous alluvial and artisanal workings were mapped.
Angkor Chairman Mike Weeks, who has been working in Cambodia since November, commented,
"While adhering to strict Cambodian COVID protocols, we are busy and still working here. We are getting things done and our whole team is excited by what they see and the opportunity the property presents. "
Drilling operations are anticipated to commence in May 2021 after geological and geophysical interpretations are completed.
A previous release from the company announced two planned IP programs designed to initially detect structural detail to depths up to 250 metres and then to also penetrate up to 500 metres to delineate the deeper intrusive targets.
Angkor Resources is a leading mineral explorer in Cambodia.
Angkor Resources (ANK) is up 10.00 per cent and is currently trading at C$0.055 per share as of 12:31 pm ET.