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Angkor Resources Plans Induced Polarization (IP) Program over the Wild Boar Gold Prospect, Cambodia

Toronto, Ontario--(Newsfile Corp. - March 31, 2021) - Angkor Resources Corp. (TSXV: ANK) (OT...

articleAngkor Resources Corp.March 31, 20215/company/angkor-resources-corp/news/angkor-resources-plans-induced-polarization-ip-program-over-the-wild-boar-gold-prospect-cambodia
Angkor Resources Plans Induced Polarization (IP) Program over the Wild Boar Gold Prospect, Cambodia

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[{"type":"text","content":"Angkor Resources Plans Induced Polarization (IP) Program over the Wild Boar Gold Prospect, CambodiaToronto, Ontario--(Newsfile Corp. - March 31, 2021) - Angkor Resources Corp. (TSXV: ANK) (OTC Pink: ANKOF) (\"Angkor\" or \"the Company\") CEO, Stephen Burega is pleased to announce field preparations are completed for the arrival of the geophysical crew from Austhai Geophysical Consultants for a planned Induced Polarization (IP) program over the Wild Boar prospect at the Andong Meas tenement. The primary targets are epithermal gold veins with the possibility of a large porphyry system below. The geophysical team will mobilize to site on April 5th.Program HighlightsThe program will include14 line-kilometres of IP and is designed to detect structures to depths up to 500 metres;Drill targets will be identified by the IP program and an initial +1000 metre diamond drill program is planned;This follows a successful pitting program where angular free gold was found in over 40% of the test pits (80 pits) suggesting the gold is close to source;Northeast trending and southeast shallow dipping gold-bearing quartz veins in various widths (up to 0.5 metre) were mapped (See Press Release);Intensely silicified dacite were identified to the east of where high-grade gold-bearing quartz floats occurred extensively.\"The Wild Boar prospect is Angkor's top priority target, and this IP program will assist us in further developing our understanding on this epithermal gold target and the potential of a large porphyry style system below,\" stated Stephen Burega. \"We continue to catalogue similarities to other regional systems.\"The ground geophysical survey follows the completion of phase one of the pitting and grid mapping program. Initial results included pan concentration that illustrates free gold in over 40% of the 80 pits. Further samples were sent for assay and results are pending. Drill targets will be identified by the IP program and an initial +1000 metre drill program will follow.\"The IP survey will show the highly resistive silicification of the quartz veins and silicified wallrock (dacite) and is intended to trace the presence of disseminated sulfide (pyrite) halos associated with the gold-bearing quartz vein systems and other highly conductive elements in the prospect area,\" stated Dennis Ouellette, VP of Explorations. \"The closely-spac...

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