Angkor Resources Reports University Study Supporting Copper-Molybdenum Porphyry Potential at Andong Bor, Cambodia
Angkor’s academic study validates the Andong Bor porphyry model without updating resources or capital plans.
Angkor Resources Corp. (ANK) released a scientific study conducted by Kyushu University and the Institute of Technology of Cambodia on drill core from the Thmei North (TN) target at the Andong Bor license. The study confirms a copper-molybdenum porphyry system, identifying three stacked alteration zones: potassic (deepest, main copper zone), chlorite-sericite (middle, preserves/adds copper), and phyllic (upper, barren). Molybdenite was identified within the copper-bearing zone. Fluid inclusion analysis recorded temperatures of 300–415 °C, with evidence of boiling fluids associated with metal deposition. Copper occurs in both diorite and hornfels, indicating drilling is not restricted to a single host rock type.
The company references historical 2016 assay results: - Hole ABDDH16-005: 108m at 0.53% CuEq - Hole ABDDH16-008: 46m at 0.51% CuEq
Drilling status shows 1,099 meters completed in mid-July 2026. 1,700 meters remain to complete the 2,800-meter TN program, planned for early 2027 contingent on dry field conditions. The release explicitly states the study is academic, not a NI 43-101 technical report, and no mineral resource has been established.
Angkor Resources Corp. (ANK) released a statement following the completion of drilling in July 2026 and subsequent visual copper observations in September 2026. The release validates the company’s geological model but introduces no new assay data, resource estimates, or financial updates.
The study is academic in nature, carrying less regulatory weight than a qualified person's report. It is intended to guide the remaining 1,700 meters of drilling rather than confirm economic viability.
There is no change to the capital allocation, timeline, or risk profile. The market has already priced in the planned 2027 drilling phase. The stock has consolidated around $0.43–$0.45 following prior positive updates, indicating the market views this as routine technical validation.
Angkor Resources Corp. (TSXV: ANK) is an exploration-stage company focused on Cambodia. Its flagship project is Block VIII, an onshore oil and gas concession covering approximately 4,095 km² under a 30-year Production Sharing Contract. The project aims to execute Cambodia's first privately financed onshore exploratory oil and gas wells.
The company’s mineral assets include the Andong Bor copper-gold porphyry/skarn and the Andong Meas copper-gold prospects. Angkor Resources is transitioning from asset divestments, including Evesham Macklin and Oyadao North, to focus entirely on Cambodian exploration and potential hydrocarbon discovery.