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Angkor Gold Acquires New Tenements in Northeast Cambodia
Vancouver, British Columbia--(Newsfile Corp. - October 10, 2013) - ANGKOR GOLD CORP. (TSXV: A...
About this update from Angkor Resources Corp.
[{"type":"text","content":"\nAngkor Gold Acquires New Tenements in Northeast CambodiaVancouver, British Columbia--(Newsfile Corp. - October 10, 2013) - ANGKOR GOLD CORP. (TSXV: ANK) (\"ANGKOR\") announces that the Ministry of Industry, Mines and Energy (MIME) of the Kingdom of Cambodia issued two new Exploration Agreements, totalling 346km2 to ANGKOR, all in the northeast of Cambodia. The new agreements were all originally contained in the areas covered by two Memoranda of Understanding (\"MOUs\") signed between MIME and Angkor in January 2011. To view an enhanced version of this image, please visit:http://orders.newsfilecorp.com/files/1494/6983_enhanced-image.jpgScott Donahue, ANGKOR's COO, commented, \"The decision to convert the MOUs to Exploration Agreements comes on the back of many months of baseline exploration by our team of international geologists. I'd like to thank them for all their hard work. Our regional geological database is growing rapidly and is proving a very useful tool for our grassroots work and negotiations. We look forward to providing updates on the prospects and targets we're already identifying within these new licenses.\"The Trapean Kraham Agreement (175km2) covers stream sediment multi-element geochemical anomalies over an Otray-style fracture corridor in a granodiorite intrusive with hornfelsic roof pendants. The main gold anomalies appear to be an extension of the mineralization of Kunmum prospect in our Banlung North tenement in Ratanakiri Province, where a recent 5680 termite sample program has just been completed and is currently being processed.Koan Nheak (pronounced \"Cognac\") Agreement (171km2) lies immediately south of the town of the same name in the northeast of Mondulkiri Province. It covers three prospects of interest: Peacock in the west , centred on a diorite intrusive which is surrounded by multiple stream sediment geochemical anomalies; East Ring in the east, centred on a very much smaller diorite with strong anomalous gold in the stream sediment survey; and Straddle in the south, where two contiguous arsenic anomalies occur in the stream sediment survey. Numerous sulphide-rich quartz veins, on one of which field grab sample returned greater than 3 g/t Au, were observed on Peacock; and in the south are numerous coincident Au and Cu anomalies with visible malachite and azurite in several locations.; VLF (13 km...