An announcement from Angkor Gold ( (TSE:ANK) ) is now available.
Angkor Resources’ Cambodian subsidiary, EnerCam Resources, has initiated an Environmental Impact Assessment (EIA) for its onshore oil and gas license in Block VIII, Cambodia. This assessment, conducted with a local consulting firm, is crucial for establishing baseline environmental data and engaging with local communities, setting the stage for future exploration activities. The EIA is expected to take 2-3 months, during which EnerCam will also conduct seismic studies and engage with stakeholders, including local communities and government departments, to ensure a comprehensive understanding and preparation for upcoming exploration efforts.
More about Angkor Gold
Angkor Resources Corp. is a public company listed on the TSX-Venture Exchange, focusing on mineral and energy solutions in Cambodia and Canada. The company is involved in carbon capture, gas conservation projects in Saskatchewan, and holds mineral exploration licenses in Cambodia. Its Cambodian subsidiary, EnerCam Resources, has an onshore oil and gas license in Cambodia’s Block VIII.
YTD Price Performance: 150.0%
Average Trading Volume: 87,689
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$36.89M
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