Angkor Gold Corp.
Angkor Gold Corp. is the first North American publicly-traded mineral exploration company in Cambodia. Angkor's business strategy focuses on exploration, project generation and selecting strong partners to advance each of its multiple prospects towards a sustainable, recurring revenue stream.
Angkor's five exploration licenses in the Kingdom of Cambodia cover 983 sq. km, which the Company has been actively exploring over the past 9 years with the support of the Cambodian government, local communities and with the assistance of one of the most complete geological databases in Cambodia.
A Proven Record of Success
10 Deals To Date Generating Approximately USD $20 Million Including:
Part of Angkor's success has been the recognition of its long-term commitment to the local communities and the people, whether it is free dental clinics, medical equipment, support for schools, clean water and sanitation, and sustainable local businesses, making it welcome at all levels of government.
Angkor's 150 sq. km Banlung license hosts two distinct projects – Okalla West and Okalla East. The two projects are approximately 7 kilometres apart.
Oyadao South Halo Project – Copper Porphyry
Exploration work completed in 2017 clearly indicates that Halo is not the only porphyry target on the property that merits further investigation.
Andong Meas Project
Koan Nheak Project
2016 Sample Results:
Phum Syarung (Net Smelter Return) Project
Management and Directors
Mike Weeks, Executive Chairman
Mr. Weeks has over 25 years experience in project management of power generation and petroleum-related industries. He spent over 15 years negotiating with foreign governments in developing and implementing natural resource concessions.
Stephen Burega, Chief Executive Officer
Mr. Burega has more than 10 years experience in management of resource companies, 12 years in the finance, communications, and government relations fields.
John-Paul Dau, President
Mr. Dau, now based in Phnom Penh, Cambodia, brings over 10 years experience managing various projects in the land development business and 5 years of working in the venture capital business.
Dennis Ouellette, P.Geo., Vice President of Exploration
Mr. Ouellette has over 30 years experience as a geologist designing and managing exploration programs around the world and advising governments.
Stephen Lautens, Vice President of Corporate Affairs & General Counsel
Mr. Lautens has a wide range of experience in communications, investor relations and business development. Mr. Lautens is a lawyer and was VP Corporate Communications of Inter-Citic Minerals Inc. (China).
Delayne Weeks, Vice President of Corporate Social Responsibility
Mrs. Weeks has 20 years of experience participating in international community development projects all over the world.
Grant T. Smith, CPA, CA, Chief Financial Officer
Mr. Smith's management background extends over 20 years and has over a decade of experience in the accounting field. Mr. Smith is the senior partner with Clearline Chartered Accountants.
Ken Booth, B.Sc., MBA, Independent Director
Mr. Booth has more than 30 years of experience in exploration, mining and corporate finance and public company administration.
Terry Mereniuk, Independent Director
Mr. Mereniuk has been a Director and CFO of several public and private companies. He has owned and operated his own accounting firm for 9 years. Mr. Mereniuk obtained a Bachelor of Commerce (with distinction) – University of Alberta – April 1981. He is a Certified Management Consultant since June 1988 and a Chartered Accountant since December 1983. Mr. Mereniuk was director and CFO of Wescorp Energy Inc., an OTC Bulletin Board listed company from 2003 to 2009.
Rhonda Hewko, B.A.Sc., P.Eng., Independent Director
Mrs. Hewko has over 17 years' experience in the environmental consulting and chemical manufacturing fields.
Jiancheng Peng, Independent Director
Mr. Peng is the President of Tohui Beishan Property Group Holding Limited. He received his engineering degree from Southwest Jiaotong University and has spent 20 years in enterprise management and business operations for Chinese state-owned companies. He founded and chairs Tonghui Investment Management Corp. and the Tonghui Group of companies, specializing in the financial, industrial and service sectors.
Dr. Adrian G. Mann, P.Geol., Advisor
Dr. Frank Farraye, M.D., M.Sc., Special Advisor
On September 19, 2018, Angkor Gold Corp. announced that it has entered into an USD $3.65 million earn-in agreement with Canadian-based private company Hommy 5 Resources Inc. on Angkor's wholly owned Banlung property in northeastern Cambodia.
On August 8, 2018, Angkor Gold Corp. announced that it has discovered a new gold-in-soil anomaly at Angkor's Koan Nheak licence in Cambodia.
On July 17, 2018, Japan Oil, Gas and Metals Corp. (Jogmec) and Angkor Gold Corp. have increased the previously announced phase 2 budget of $1-million (U.S.) on Angkor's Oyadao South licence with an additional $425,000 (U.S.) for a new total of $1,425,000 (U.S.) to be spent in phase 2 exploration.
On July 16, 2018, Angkor Gold Corp. announced that it has closed the final tranche of its previously announced convertible note offering for a final aggregate total of $1.05-million raised.
On July 12, 2018, Angkor Gold Corp. announced that further to the Company's news release of July 9, 2018, Angkor Gold Corp.'s application to extend the expiry date of its warrants has been accepted by the TSX Venture Exchange.
On July 9, 2018, Angkor Gold Corp. announced that it has applied to the TSX Venture Exchange for approval to extend the expiry date of 1,563,000 common share purchase warrants that were issued as part of a non-brokered private placement completed by the Company in July, 2016. The warrants are exercisable for common shares of Angkor at a price of 50 cents per share. The Company is proposing to extend the expiry date of the warrants by an additional two years to 4:30 p.m. Alberta time on July 29, 2020.
On June 28, 2018, Angkor Gold Corp. announced that underground sampling by Angkor at Mesco's Phum Syarung Mine Site yields up to 40.2 g/t gold in grab sample.
On June 21, 2018, Angkor Gold Corp. has provided an update on the recent mapping and sampling program at Angkor's Andong Meas licence in Cambodia.
Highlights of exploration at Wild Boar and Wild Monkey prospects include: