Angkor Resources Reports Visual Copper Mineralization In 2026 Drill Core From Andong BOR License, Cambodia

Angkor Resources Corp. (ANK) has released preliminary geological observations from the logging of 2026 Phase 1 diamond drill core at the Thmei North target within the Andong Bor license in Cambodia. The initial phase consisted of three holes, ABDDH26-010 through -012, which totaled 1,099 metres. No assay results have been disclosed, as the core is currently being split and samples are being dispatched to ALS in Phnom Penh.

Visual observations indicate that the best copper mineralization is hosted in metasedimentary rocks. Feldspar porphyry intrusive rocks generally contained copper values at or below 2,000 ppm, with higher concentrations appearing near reactive wall rocks. Chalcopyrite was visually identified in fractures within the metasediments and as B and D veins within the intrusive rocks. For the first time, structural contacts between the intrusive and sedimentary rocks have been described as steep, dipping at 70-80 degrees.

Hole AB26-012D, located approximately 150 metres east of the previous holes, exhibited frequent pyrite-dominant mineralization over the first 200 metres from the surface but showed poor copper values. The company suggests this may indicate possible gold potential. Looking ahead, Angkor Resources plans to continue defining copper boundaries at both Thmei North and Thmei South. Full Phase 2 drilling is scheduled for 2027, contingent on seasonal conditions.

Angkor Resources Corp. (ANK) released a holding update on September 1, providing additional detail on its Andong Bor project but offering no assay evidence to substantiate prior visual drilling observations. As a pre-resource explorer, the company is currently reporting visual mineralization rather than drill intercepts, meaning the data cannot yet be projected into tonnes or recoverable metal. The release lacks grades, widths, continuity, metallurgy, or any indication of resource change.

The stock had already moved from approximately $0.23–$0.27 in July to a 52-week high of $0.40 by August 31, driven by an August 19 visual drilling update and financing news. This latest announcement neither confirms nor refutes those prior visual claims, serving instead as an interim update while assays remain pending. Consequently, the release does not alter the perceived scale, grade, or odds of the Andong Bor deposit. Analysts do not expect this specific update to drive a significant share-price move on its own; any material market reaction would likely depend on future assay results.

Angkor Resources Corp. (TSXV: ANK, OTCQB: ANKOF) holds mineral assets in Cambodia, including the 100.28 km² Andong Bor license straddling Oddar Meanchey and Banteay Meanchey provinces, which hosts the Thmei North and Thmei South copper-gold targets. The company also owns the Andong Meas license in Ratanakiri province, featuring the Canada Wall porphyry, Gossan Hills skarn, CZ Gold, and Wild Boar gold prospects.

Through its energy subsidiary, EnerCam Resources, Angkor holds Block VIII, an onshore oil and gas license covering approximately 4,095 km² in southwest Cambodia. Under an April 2026 arrangement, Angkor increased its interest in Block VIII to 75% and is advancing plans for Cambodia’s first privately financed onshore exploration wells.

As of the first quarter of 2026, covering the three months ended October 31, 2025, Angkor reported a net loss of approximately CAD 1.33 million, cash of approximately CAD 0.70 million, total debt of approximately CAD 4.90 million, and total equity of approximately CAD 1.24 million. Financials may have changed following the sale of the Saskatchewan Evesham asset and the announced CAD 3.5 million financing in 2026; no more recent statements are provided.