Angkor Resources Completes IP Survey, Identifies New Drill Targets at Andong Meas License

GRANDE PRAIRIE, ALBERTA — May 7, 2026 — Leads & Copy — Angkor Resources Corp. has successfully completed a 20 line-kilometre Induced Polarization (IP) geophysical survey over the Gossan Hills copper-iron target on its Andong Meas mineral exploration license in Ratanakiri Province, Cambodia. The survey, which highlights metal-bearing rocks beneath the surface, was announced on March 31, 2026.

The IP survey has identified several chargeability anomalies corresponding with ground magnetic features and soil copper geochemical anomalies. Angkor Resources plans to test three of these targets through a 1,100-metre diamond drill program.

Dennis Ouellette, VP Exploration, said the IP results align with expectations for a copper porphyry with an adjacent skarn zone.

Two priority areas have been identified for drilling:

The northern target, where the underground electrical signature intersects the southern edge of the Canada Wall copper target, potentially indicating a direct connection between the copper-rich end of the Gossan Hills zone and the Canada Wall copper system.

The Line 6 target, where the underground electrical signature, surface magnetite, and zinc-lead in soils align. This defines a separate zinc-lead target on the same mineralized trend.

The company is finalizing drill collar locations and angles based on the size, depth, and shape of the underground targets imaged by the IP survey. Drilling is the next step in advancing Gossan Hills toward defining the size and grade of a potentially significant copper-zinc-lead system on the Andong Meas license.

The 20 line-kilometre IP survey was conducted across eight 2,500-metre lines using a dipole-dipole electrical configuration. The data was modeled into 2-D cross-sections of the subsurface, highlighting the presence of metal-bearing minerals at depth.

The survey mapped the Gossan Hills mineralized zone and was strongest on the northernmost line, crossing the southernmost portion of the Canada Wall copper target. The strongest surface soil copper anomaly along the Gossan Hills trend lies 500 metres west of the Canada Wall copper target. The IP results suggest the underground signature continues eastward toward the deep magnetic high outlined by the company’s 2022 ground magnetic survey.

A second underground signature on the east end of Line 6 coincides with an area where abundant magnetite was noted at the surface, along with anomalous lead and zinc in soils. This chemical fingerprint is consistent with the more distal, zinc-lead-rich edge of a copper porphyry system.

The Gossan Hills consists of a northwest-trending body of carbonate-rich layered rocks that have been altered by heat and pressure. These rocks are highly reactive to metal-bearing fluids associated with copper porphyry systems.

The result is a skarn, a mineralized zone formed when hot, metal-bearing fluids from an intrusion react with surrounding carbonate rocks, depositing ore minerals. The Gossan Hills skarn is several hundreds of metres long and geochemically graduates from iron oxide at the southern end to massive magnetite, then zinc-lead, and finally more copper-rich at the northern end. This natural ordering of metals is a classic indicator of a well-developed mineralized system.

These rock layers tilt about 35 degrees eastward toward a deep, strong magnetic signature outlined by the 2022 ground magnetic survey. This geometry is consistent with a copper porphyry model.

The data interpretation phase of the IP survey was carried out in collaboration with the Institute of Technology of Cambodia (ITC), with one ITC student using the survey results as the basis of a thesis. This continues the partnership between Angkor and ITC.

Angkor Resources Corp. is a public company, listed on the TSX-Venture Exchange, and is a resource explorer and developer in Cambodia working towards mineral and energy solutions. Angkor’s mineral subsidiary holds two mineral exploration licenses in Cambodia with multiple prospects in copper and gold. Angkor’s Cambodian energy subsidiary was granted an onshore oil and gas license in the southwest quadrant of Cambodia called Block VIII. EnerCam completed 2D-seismic in 2025 and has identified multiple drill targets.

Source: Angkor Resources Corp.