Efforts to confirm copper reserves in Andong Bor located in Oddar Meanchey province are advancing towards the target, market research firm TipRanks reported quoting a statement issued by Angkor Resources.
Angkor Resources in partnership with CanBodia Copper has been conducting ground magnetic surveys in Andong Bor to define drill targets for copper-gold porphyry systems.
The project’s objective is to confirm potential copper resource, with previous drilling indicating significant copper equivalent results. The report also highlighted the company’s ongoing commitment to advancing its exploration efforts despite regional holiday disruptions.
The Andong Bor Exploration Licence covers an area of 100.29 square kilometres and its closest point is around 29 km from the Thailand border. The Ministry of Mines and Energy (MME) granted Angkor Resources a three-year exploration license starting August 8, 2022.
Subjected to certain circumstances, the licence can be extended for another period of two years at the discretion of the MME.
According to the company, the project is primarily prospective for copper and gold although other base metals are a secondary consideration. “It contains three significant prospects; The Cu-Au-Mo Thmei North, Thmei South Cu Prospect, and the Au-Pb-As Minesite Prospect.
“Results have shown the Thmei North Prospect to be highly anomalous for Cu-Au-Mo over 1km in width with coincidental anomalous values of Bi and Te overlying magnetic and satellite anomalies.
“Intense propylitic alteration has been observed between the Thmei North and Thmei South Prospects. Cu Porphyry and/or Cu skarn seem the most plausible mineralization models at this early stage.
“Minesite Prospect on the other hand looks to be highly anomalous for lode style gold and to a lesser degree silver, lead, molybdenum, arsenic, copper and zinc along at least two adjacent linear trends. These controls are similar to the currently producing Bo Sup Trup Minesite one kilometre to the south-west.
“The Andong Bor EL has the potential to host multiple mineralised deposits, which needs to be confirmed with further exploration.
“The property has had aeromagnetic and radiometric surveys completed, geological mapping, auger and soil sampling and some diamond drilling.” The company completed a detailed in-fill auger survey in 2023.
Dennis Ouellette, Vice-President of Exploration at the company, had earlier said: “This continuing exploration is to follow-up on the previously announced high-grade copper drill intervals and leads us to build solid value, define a resource, and prove a world-class project in Cambodia.”
