Angkor Resources Corp. has announced the identification of a new gold target named CZ Gold on the west side of its Canada Wall prospect within the Andong Meas exploration license in Cambodia's Ratanakiri Province. The discovery stems from physical workings observed in a tunnel excavated by artisanal miners, where a quartz stockwork with an apparent thickness of 30 metres was mapped. The target area features multiple shallow trenches and a 47-metre-long tunnel located on a steep slope, with artisanal miners having driven a raise to surface following several veins at the tunnel's end.
Dennis Ouellette, the company's VP Exploration, described historical drilling from 2012 where three holes were collared approximately 70 metres apart. While these holes did not intersect the quartz stockwork zone, they cored into a granite containing abundant miarolytic cavities, likely an alaskite type granite, along with thick bands of 'bucky quartz'—a coarsely crystallized, non-laminating quartz. Ouellette noted that although alaskite and bucky quartz do not directly host gold deposits, they are frequently found in proximity to gold mineralization, suggesting promising geological indicators.
The company uses the annual rainy season from June to November to review all prospects, samples, assays, and core from its licenses. With the recent spike in gold prices, Angkor conducted analysis on all gold prospects, including those near copper porphyry systems like Canada Wall. This review incorporated historical artisanal workings, leading to the identification of the CZ Gold target. The company plans to conduct a surface trenching and sampling program in the first quarter of 2026 to determine the setting and orientation of the quartz stockwork, which will inform subsequent diamond drilling plans. More information about the company's activities can be found at https://angkorresources.com.
Angkor also acknowledged the restart of border conflicts between Thailand and Cambodia in the northwest quadrant of Cambodia, resulting in evacuations and school closures. While the company's oil project Block VIII is located in southern Cambodia and the Andong Meas license is far east of the conflict zone, management is carefully monitoring the situation regarding its Andong Bor license, where all work has been suspended until further notice to ensure staff safety. The original press release can be viewed at https://www.newmediawire.com.
The identification of the CZ Gold prospect represents a significant development in Cambodia's emerging mineral exploration sector. For investors and industry observers, this announcement highlights Angkor's systematic approach to prospect evaluation and its ability to leverage historical data alongside modern geological analysis. The planned 2026 exploration program could potentially expand Cambodia's known gold resources, contributing to regional economic development if discoveries prove economically viable. However, the ongoing border conflict underscores the geopolitical risks that resource companies must navigate in Southeast Asia, potentially affecting operational timelines and investment decisions in the region.
