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Be the first with the news that moves the market- Angkor Resources (WHN) has revealed the latest soil sampling assays from the Andong Meas gold property in Cambodia
- The company has returned one impressive result at 70.7 grams per tonne gold, from a cluster of gold vein segments crossing each other
- The company also revealed its plans to begin a trenching and auger drilling program on the property, followed by a sampling program
- Once the two programs are completed, the company will commence 1,000 metres of diamond drilling
- Angkor Resources (WHN) remains unchanged and is trading at C$0.085 per share
Angkor Resources (WHN) has revealed the latest soil sampling assays from the Andong Meas gold property in Cambodia.
The company has returned one impressive result at 70.7 grams per tonne gold, from a cluster of gold vein segments crossing each other.
Other results included a 55.4 gram per tonne soil sample, alongside a 46.9 gram per tonne gold result.
Vice President of Exploration for Angkor Resources, Dennis Ouellette said the high grade samples suggest different vein segments intersecting within a 700 metre area.
“We are planning a diamond drilling programme to test the potential high-grade gold mineralization zones. The abundance of and high-grade nature of the quartz float samples is very encouraging,” he added.
The company also revealed its plans to begin a trenching and auger drilling program on the property. The upcoming work will be followed up by a surface exploration program, centring on previously identified mineralization.
Once the two exploration programs are completed, the company will commence a 1,000-metre diamond drilling program.
Dr Kaihui Rand, Technical Advisor for Angkor Resource, said the property lay within a large magmatic gold belt that hosts several world-class gold systems.
“The high grade mineralization found so far in Andong Meas has the characteristics of an epithermal gold system that could sit on a porphyry system underneath,” he said.
Angkor Resources (WHN) remains unchanged and is trading at C$0.085 per share at 10:25 am EDT.
