(Cambodia) Ltd. and involves the sale of a
78 km2 section of the Oyadao tenement for
cash payment of $2,400,000 with Angkor
retaining all rights to the remaining 222
km2 of the Oyadao license.
Angkor's own project areas include the
Dokyong Project where strong soil anomalies have generated several drill targets and
where exploration is being conducted in
an attempt to identify a 10-km shear/fault
zone which would connect Dokyong to the
Mesco-PS Project.
In addition, company geologists are
actively exploring their Okalla Project,
located in the Banlung tenement where the
company is working to confirm a large-tonnage copper-gold-molybdenum porphyry
system. To date 33 drill holes totaling 5,461
metres have been drilled with a further
1,400 metres scheduled for later this year.
Going forward, plans include further assistance to the Mesco-PS Project and mapping
and infill exploration to advance Dokyong,
Okalla and other company properties.
One important company function,
under the leadership of VP Corporate
Social Responsibility, Delayne Weeks, is
the entire realm of sustainable community
relationships. Among the goals set out for
these relationships are identifying factors
to improve health, education and economic
standards for area communities; improve
clean water facilities in the region; give
area village people stronger control and
responsibility for their own development
and provide training and workshops on
project management, planning, monitoring
and evaluation techniques.
As VP Corporate Development, Fletcher
Morgan, noted, "We strongly believe our
community support actions are the right
thing to do and are a key part of our social
license to operate. The locals are stakeholders in our success and we welcome
their active participation."
Angkor's management team is headed
by President and CEO Weeks; Chief
Operating Officer, Scott Donahue; VP
Corp. Development, Dr. Fletcher Morgan;
Country Manager, J.P Dau; VP CSR,
.
Delayne Weeks; and Special Advisor,
Richard Stanger, also President of the
Cambodian Mining Association. n
M AY 2 0 1 3
www.resourceworld.com 41
