Angkor Gold (TSE:ANK) has released an update.
Angkor Resources Corp. has signed a lucrative Joint Exploration and Development Agreement with BSN Ratanak Sambath Co. Ltd. to explore and potentially develop gold and copper resources in their Andong Meas license area. Under the agreement, Angkor will receive financial compensation and retain a 20% interest up to the feasibility stage, while BSN commits to covering all exploration costs and earning an 80% interest. The collaboration aims to fast-track the feasibility studies and production permits, particularly focusing on the promising Canada Wall and South Creek copper-gold porphyry systems.
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