Angkor Resources
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Angkor Resources is committed to responsible resource exploration across Cambodia, focusing on niche markets in the resource sector.
Investor website: https://angkorresources.com/
About
Angkor Resources is committed to responsible resource exploration across Cambodia, focusing on niche markets in the resource sector. The company has a 7,300 square kilometre oil and gas concession in Cambodia, with plans to begin drilling operations in 2026. Angkor integrates ESG programs aligned with the UN’s 17 Sustainable Development Goals into its projects, emphasizing community development, environmental stewardship, and ethical business practices.
Verified company data
- Cash position
- $69,053,000
- Shares outstanding
- 206129782
- Mineral resource
- The Andong Meas Exploration License has demonstrated to have a lot of potential for developing porphyry style mineralization and epithermal vein systems related to precious metal deposition. The host rock unit is the Andong Meas granitoid complex (granodiorite/granite) located in the centre of the license and elongated northwest to southeast. This intrusive complex has been intruded by multiple events of younger intrusive rocks which generated copper-molybdenum mineralization as well as quartz vein systems with gold mineralization. The Andong Bor Exploration License covers an area of 100.29 km² and is located in the province of Oddar Meanchey in north-west Cambodia. The license at its closest point is around 29 km from the Thailand International Border. The Andong Bor Project is primarily prospective for copper and gold although other base metals are a secondary consideration.
- Projects
- ["[**Onshore Cambodia Block VIII**\\\n\\\n7,300 square kilometre oil and gas concession in Cambodia. Approved license application with Production Sharing Agreement negotiations underway.\\\n\\\nCambodia\\\n\\\nActive](https://angkorresources.com/sectors/energy/cambodia-block-viii)","[**Andong Meas**\\\n\\\nCopper-gold-molybdenum porphyry system in Ratanakiri Province. Multiple prospects including Canada Wall, Wild Boar, Gossan Hills, and South Creek.\\\n\\\nCambodia\\\n\\\nExploration](https://angkorresources.com/sectors/minerals/andong-meas)","[**Andong Bor**\\\n\\\n100.29 km² copper-gold exploration license in Oddar Meanchey Province. Three significant prospects: Thmei North, Thmei South, and Minesite.\\\n\\\nCambodia\\\n\\\nExploration](https://angkorresources.com/sectors/minerals/andong-bor)","# Andong Bor\n\nCopper-Gold Exploration Project\n\n\n\n## Project Overview\n\nThe Andong Bor Exploration License (EL) covers an area of 100.29 km² and is located in the province of Oddar Meanchey in north-west Cambodia. The license at its closest point is around 29 km from the Thailand International Border. The Ministry of Mines and Energy (MME) has granted Angkor a 3-year exploration license starting August 8, 2022 and may be renewed for another two terms provided that each term does not exceed two years. Under certain circumstances, the license can be extended for another period of two years at the discretion of the MME.\n\nThe Andong Bor 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.\n\nResults 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 Ag, Pb, Mo, As, Cu and Zn along at least two adjacent WNW-NNW linear trends. These controls are similar to the currently producing Bo Sup Trup Minesite 1km to the south-west.\n\nThe Andong Bor EL has the potential to host multiple mineralized deposits which needs to be confirmed with further exploration.\n\n\n\n## Exploration Work\n\nThe property has had aeromagnetic and radiometric surveys completed, geological mapping, auger and soil sampling and some diamond drilling.\n\nAngkor completed a detailed in-fill auger survey in 2023.\n\n---\n\n# Onshore Cambodia Block VIII\n\nOil and Gas Exploration Project\n\n## Project Overview\n\nIn August, 2019, [Angkor announced](https://angkorresources.com/angkor-receives-approval-for-cambodian-oil-and-gas-concession/) that it had received approval of its license application for Block VIII, a 7,300 square kilometre oil and gas concession in Cambodia. Through COVID and by the end of 2022, EnerCam had completed the negotiation of the P.S.A covering a 30-year permitted area. Starting actual exploration in 2025, EnerCam first applied to have all parks and sensitive areas removed from the exploration zone. The company completed an Initial Environmental Impact Assessment by May of 2025, and then undertook 350 kilometres of 2‑D seismic.\n\n\n\nBlock VIII Location Map\n\n## Regional Context\n\nCambodia has traditionally been viewed primarily as country with a mining and mineral resource opportunities, with onshore exploratory oil and gas wells drilled in the entire country. However, sizeable oil and gas reserves have been developed on three sides of the country – in the Gulf of Thailand to the west, the Khorat Plateau of Thailand to the north, and in the Vietnamese Cuu Long Basin of the South China Sea to the south.\n\nCambodia's own oil and gas industry is not as well explored and developed as in surrounding countries, but activity is progressing rapidly. Angkor's energy subsidiary in Cambodia, EnerCam Resources Co. Ltd., has been leading the change to develop onshore hydrocarbon resources.\n\n\n\nKnown Regional Oil and Gas Fields\n\n## The Geology\n\nThe potential for petroleum accumulations in Cambodia is indicated by:\n\n- onshore natural oil seepages\n- presence of sedimentary rocks\n- geological structures that may trap and hold oil and gas\n- interpretation of regional geology\n- similarity of geology of areas adjacent to Cambodia within which oil and gas has been found and is being produced\n\n(SOURCE: Cambodian National Petroleum Authority, 2012)\n\nThe thickness, burial history and reservoir and source rock characteristics of the Permian limestones in Cambodia appear to be as good or better than in Thailand, but no onshore wells have ever been drilled on the Cambodian side of the border.\n\nSedimentary basins are acknowledged to be the prerequisite for oil and gas discoveries. The sedimentary basins inland in Cambodia have never been systematically explored, partially because of previous historical regional instability and a poor understanding of local geology as it relates to hydrocarbons.\n\nThe Kampong-Som Basin is a newly recognized and completely unexplored onshore sedimentary basin in southwestern Cambodia. The Kampong-Som Basin was first identified and interpreted as a foreland basin in 2016 by researchers from the Danish Geological Survey who were interpreting a marine seismic database off the south coast of Vietnam. Khorat Plateau Basin, Tonle Sap Basin, and the Kampong-Som Basin are now interpreted to be one continuous foreland basin. The Kampong-Som Basin of western Cambodia extends from west side of Tonle Sap down to the Kampot area of the southern coast and is bounded by fold belts on East and West. Oil and gas pool geometry appears structurally-controlled by high-angle faults. The Kampong-Som Basin has a thermal maturity within the oil window and a higher thermal maturity within the dry gas window.\n\n\n\nThe Kompong Som Basin\n\n\n\nCambodia's Oil Block Licenses\n\nCambodia's inland basin is covered by Mesozoic (Cretaceous, Jurassic) sandstones interbedded by conglomerates and clay stones. These structures are of Late Cretaceous-Cenozoic age and may have been developed at the same time as the basins in the Gulf of Thailand. The thick organic-rich shales of Cretaceous, Triassic or Permian Age are the probable source rock. The thickness, burial history and reservoir and source rock characteristics of the Kampong-Som Basin in Cambodia appear comparable to the Khorat Plateau Basin in Thailand, but no onshore wells have ever been drilled on the Cambodian side of the border. Until one or more high-risk exploratory test wells are drilled into this basin to assess the thermal maturity of these Permian limestones, it is impossible to determine if light oil or dry gas will be found, but comparisons have already been made by the — USEIA to the prolific Permian oil fields of Texas in the USA."]
- Leadership
- Delayne Weeks (Chief Executive Officer, Over 30 years of experience in corporate structure, finance, and business management. She has implemented various mergers and acquisitions and has a strong influence in ESG implementation.), Mike Weeks (Director and Executive VP of Operations, Founder of Angkor Gold Corp. with 25 years of experience in project management of power generation and petroleum-related industries.), Grant T. Smith, CPA, CA (Chief Financial Officer, Over 25 years of management experience with diverse operations, a Chartered Professional Accountant, and active in community service.), Mads Braemer-Jensen (Chief Financial Officer, EnerCam Cambodia, Over 30 years of international experience in finance and strategic business development.), Justin Snelling (Geologist and Reservoir Specialist, Experienced in petroleum geology with a focus on onshore hydrocarbon exploration in Cambodia.), Keith Edwards (Technical Manager, Energy, Over 41 years of experience as a geophysicist in the oil and gas industry.), Yun Bunchhay (Logistics and Country Manager, Over 20 years of experience in operations management and strategic planning in Cambodia's education and energy sectors.), Dennis Ouellette, B.Sc., P.Geo. (Vice President, Exploration, Qualified Person with extensive experience in exploration programs across Canada and internationally.)
Verified data last updated:
Recent filings
- News release · ANK_2026-08-17_20-31-27.pdf
- News release · ANK_2026-08-12_16-08-58.pdf
- News release · ANK_2026-08-04_15-03-43.pdf
- News release · ANK_2026-07-15_15-43-23.pdf
- 52-109FV2 - Certification of interim filings - CFO (E) · ANK_2026-06-29_22-16-44.pdf
- 52-109FV2 - Certification of interim filings - CEO (E) · ANK_2026-06-29_22-16-14.pdf
- MD&A · ANK_2026-06-29_22-14-43.pdf
- Interim financial statements/report · ANK_2026-06-29_22-13-11.pdf