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UBC'S Mineral Deposit Research Unit Confirms Epithermal Mineralization at Angkor's Otray Prospect

Grande Prairie, Alberta--(Newsfile Corp. - November 7, 2014) - A research program on the Otray...

articleAngkor Resources Corp.November 7, 20145/company/angkor-resources-corp/news/ubcs-mineral-deposit-research-unit-confirms-epithermal-mineralization-at-angkors-otray-prospect
UBC'S Mineral Deposit Research Unit Confirms Epithermal Mineralization at Angkor's Otray Prospect

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[{"type":"text","content":"\nUBC'S Mineral Deposit Research Unit Confirms Epithermal Mineralization at Angkor’s Otray ProspectGrande Prairie, Alberta--(Newsfile Corp. - November 7, 2014) - A research program on the Otray \nprospect funded by ANGKOR GOLD CORP. (TSXV: ANK) (“ANGKOR”) at the \nMineral Deposit Research Unit of the University of British Columbia, has \nconfirmed the presence of polymetallic epithermal mineralization on the \ncompany’s Oyadao South tenement in Cambodia. Mineralization was initially \ndiscovered in the Otray prospect area with a termite mound geochemical survey in \n2012 (see Press Release dated 2013 May 29), following up on regional mapping, \nstream sediment sampling, and an aeromagnetic survey that indicated a \nprospective structural zone south of the Phum Syarung gold project. \n     The project has utilized surficial mapping techniques, short \nwave infrared spectroscopy (SWIR), termite mound geochemistry, ‘C’ zone soil \ngeochemistry, structural analysis, geochronology, and petrography. The final \ngoal of the research to is to understand the genesis, timing, and the \ngeochemical signature of the deposit to guide further exploration in the \nregion.\n     Coinciding with the base metal \ngeochemical anomaly in Otray, a series of stacked quartz veins with disseminated \nsphalerite, galena, and pyrite were discovered during the last field season. \nThree veins have been discovered to date, with quartz float blanketing the area \nsurrounding the termite geochemical anomaly. Potentially, the mineralized quartz \nveins could span the entire 2.5 km strike length of the geochemical anomaly. \nRock chip geochemistry from the area shows some exciting values of base and \nprecious metals: \n\n \n \n Sample \n Description \n Au \n Ag \n As \n Mo \n Pb \n Zn \n \n   \n   \n ppm \n ppm \n ppm \n ppm \n ppm \n ppm \n \n V022001 \n Crustiform quartz vein. \n 7.96 \n 3.6 \n 2 \n nd \n 35 \n 8 \n \n V022003 \n Crustiform quartz vein float. \n 2.65 \n 0.8 \n 10 \n 3 \n 174 \n 10 \n \n 1568888 \n Vuggy quartz vein in siltstone. \n 2.44 \n 2.4 \n 17 \n 12 \n 34 \n 9 \n \n 1604569 \n Brecciated volcaniclastic with \n quartz veins. \n 1.46 \n 79.6 \n 21 \n 29 \n 23 \n 47 \n \n 1567942 \n Vuggy quartz vein with \n ex-sulphides. \n 1.05 \n 34.8 \n 3...

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