Angkor Gold Corp reported the discovery of a new gold-in-soil anomaly at Angkor’s Koan Nheak license in Cambodia, according to the company’s statement released last week.
The anomaly extends over 700 metres from north to south, and up to 300 metres east to west.
It is located less than a kilometre north of the Peacock South Prospect previously defined by Angkor Gold.
Exploration was carried out by Emerald Resources through its Cambodian subsidiary, Renaissance Minerals (Cambodia) Ltd., under a definitive earn-in agreement with Angkor announced last month.
Planning is underway for Emerald’s reconnaissance drill testing programme on both of the Koan Nheak targets.
“We are very pleased to see Emerald developing more drill targets following new and last year’s encouraging results on our Koan Nheak license,” Angkor’s president John-Paul Dau said in the statement.
“These large gold-in-soil targets represent more discovery opportunities for Angkor and our shareholders, and we are very much looking forward to the drill results,” he added.