Feb 16, 2012 (GlobeNewswire via COMTEX) ---- Diamond drilling commences on the Okalla gold prospect, Banlung tenement, Cambodia -- Over 2000m programmed for this prospect
VANCOUVER, British Columbia, Feb. 16, 2012 (GLOBE NEWSWIRE) --ANGKOR GOLD CORP. CA:ANK +9.30% ("ANGKOR") is pleased to announce that a contract for a minimum of 2000m NQ cored diamond drill holes in the Okalla Prospect on Banlung tenement, Ratanakiri Province, Cambodia, has been awarded to Kluane Drilling Inc, a Canadian owned and operated contractor operating in Cambodia. The rig is on site and drilling of BL12-028 commenced on February 15, 2012.
Deployment of this rig means that the company now has 2 diamond drilling rigs working in Cambodia. An earlier press release (November 21, 2011) announced that a Cambodian company, Veriak, had started drilling on the Border prospect, Oyadao tenement.
The Okalla drill program is aimed at a large disseminated gold-copper occurrence in diorite that coincides with a 'C' zone soil geochemical gold-copper-molybdenum anomaly on the prospect. The geochemical anomaly terminates to the north against an overlying Quaternary flood basalt flow, and reappears about 1km to the northeast, beyond the basalt ridge. Two holes drilled into this anomaly prior to the onset of the last monsoons were reported previously (press release dated October 25, 2011), and they and 3 others showed encouraging thicknesses and gold and copper values: Read the rest of the article at Market Watch.
VANCOUVER, British Columbia, Feb. 16, 2012 (GLOBE NEWSWIRE) --ANGKOR GOLD CORP. CA:ANK +9.30% ("ANGKOR") is pleased to announce that a contract for a minimum of 2000m NQ cored diamond drill holes in the Okalla Prospect on Banlung tenement, Ratanakiri Province, Cambodia, has been awarded to Kluane Drilling Inc, a Canadian owned and operated contractor operating in Cambodia. The rig is on site and drilling of BL12-028 commenced on February 15, 2012.
Deployment of this rig means that the company now has 2 diamond drilling rigs working in Cambodia. An earlier press release (November 21, 2011) announced that a Cambodian company, Veriak, had started drilling on the Border prospect, Oyadao tenement.
The Okalla drill program is aimed at a large disseminated gold-copper occurrence in diorite that coincides with a 'C' zone soil geochemical gold-copper-molybdenum anomaly on the prospect. The geochemical anomaly terminates to the north against an overlying Quaternary flood basalt flow, and reappears about 1km to the northeast, beyond the basalt ridge. Two holes drilled into this anomaly prior to the onset of the last monsoons were reported previously (press release dated October 25, 2011), and they and 3 others showed encouraging thicknesses and gold and copper values: Read the rest of the article at Market Watch.
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