ANGKOR Gold Corp is utilizing the expertise of Beijing Explo-Tech Engineering Co (BETEC) of China during its 2015/16 exploration program in Cambodia. The work is targeting the Okalla West gold and Halo copper-molybdenum prospects and is aimed at expanding geophysical understanding of the 1500sqkm land package.
The field program initially included a 20sqkm induced polarization geophysical survey aimed at defining the size and scale of the main target responses on both prospects. In addition, both regional and detailed mapping along with infill soil geochemistry sampling will be ongoing throughout the season to further evaluate the primary exploration targets.
The main follow-up work will focus on the 7.25sqkm copper anomaly with a 0.9sqkm central moly anomaly at Halo and the 2sqkm NW-SE trending gold anomaly with 83% of pan concentrates containing visible gold at Okalla West.
Angkor will also conduct semi-regional field termite geochemical surveys to follow-up stream sediment survey gold anomalies at its Andong Meas Tenement, to the west and northwest of the CW prospect.
Angkor’s vice-president of operations JP Dau said, “We are excited to be getting back into the field. We have taken the time over the monsoon season to evaluate our 2014/15 field data, which has further reinforced the significance of our flagship prospects, Halo, Okalla West and CW.
“With the advancements made on these prospects this season, our goal is to bring our understanding of these assets to a drill-ready position and explore serious joint-venture interest to take these prospects to the next stage.”
Angkor’s president Mike Weeks said, “I am committed to opening every door I can to identify the most advantageous joint-ventures on our flagship prospects – Halo and CW. Having the BETEC team on site to continue providing us with their world-class geophysical support further emphasises my high expectations for this year’s work program.”
Angkor’s seven exploration licences in Cambodia cover 1448sqkm, which the company has been exploring over the past six years. Angkor has covered all tenements with stream sediment geochemical sampling; has flown low level aeromagnetic surveys over most of the ground; drilled 21,855 metres of NQ core in 190 holes; and collected in excess of 110,000 termite mound, and ‘B’ and ‘C’ zone soil samples in more than 20 centres of interest over an area of more than 140sqkm. It has also excavated numerous trenches and carried out detailed geological field mapping.