Logo of Phnom Penh Post newspaper Phnom Penh Post - Angkor Gold identifies northeast prospects

Angkor Gold identifies northeast prospects

Angkor Gold identifies northeast prospects

Angkor Gold Corp, a Toronto Stock Exchange-listed company, has announced the identification of five new prospects in Ratanakiri province, according to a company statement.

The announcement comes less than a month after the mining firm said it planned to consolidate its gold prospects in the northeastern corner of the country.

The prospects, located in Dokyong prospect, O’yadao south tenement, were reinforced with gold anomolies, and one of the prospects was described in the statement as being “a very strong gold anomoly”.

“We are thrilled with the positive developments at the Dokyong prospect. We now have eight strong projects in Cambodia with three drill rigs currently operating,” Angkor chief executive and director Mike Weeks said in the statement.

He could not be reached by phone yesterday.

In early May, Angkor said it planned to buy out Liberty Mining International’s 10 per cent stake in two properties in Ratanakiri province for US$202,000 and an issue of 4.25 million common shares in Angkor’s capital, the Post reported at the time.

The company holds four licenses for exploration.

During previous interviews with the Post, industry experts have not specified when extraction would take place in Cambodia.

To contact the reporter on this story: Don Weinland at [email protected]

MOST VIEWED

  • Angkor Wat named as the top landmark for the second year

    Travel website TripAdvisor has named Cambodia’s ancient wonder Angkor Wat as the top landmark in the world for the second year running in their Travelers’ Choice Award 2018, an achievement Cambodian tourism operators expect will attract more tourists to the Kingdom. The website uses traveller

  • New US bill ‘is a violation of Cambodian independence’

    After a US congressmen introduced bipartisan legislation that will enact sanctions on Cambodian officials responsible for “undermining democracy” in the Kingdom, government officials and the ruling Cambodian People’s Party on Sunday said they regarded the potential action as the “violation of independence and sovereignty

  • Hun Sen detractors ‘will die’

    Prime Minister Hun Sen on Wednesday said those who curse or insult him would eventually die without a plot of land to bury their bodies after being killed by lightning, suffering the same fate as those who recently died in Thmar Baing district in Koh

  • NOCC to contest petanque, tennis axe

    The National Olympic Committee of Cambodia will lobby hard over the next few weeks for the inclusion of the Kingdom’s most productive medal-earning sport, petanque, along with vovinam and tennis after the disciplines were left out of the initial list of 30 preferred sports for