Unexplored Cambodia Shines For Angkor Gold

17 October 2012
Market Watch
Anti-corruption / Copper / Economy and commerce / Energy / Energy policy and administration / Extractive Industries / Extractive industries policy and administration / Generation and distribution facilities / Gold / Government / Industrial mining / Land / Minerals and mineral products / Mining
Angkor Gold / Anti-Corruption laws / CA:ANK -7.69% / Cambodia's territorial waters / copper / gold / international investment / lead / Mines and Energy / mining / Ministry of Industry / natural gas deposits / oil deposits / Oyado South tenement Drilling / Phum Syarung Prospect / private business / Ratanakiri province / Silver

…On top of impressive growth, the Royal Government is opening the country to international investment… As for mining: the country is now open for international business. The stable, democratic government passed anti-corruption laws in 2011 and has dedicated itself to working with private business… The most active exploration company in Cambodia is Angkor Gold CA:ANK -7.69% . Having worked for over three years in the northeast Ratanakiri Province,… The company has developed a strong relationship with the Ministry of Industry, Mines and Energy, has numerous, active projects and employs over 125 Khmer on its projects. The company recently announced “a significant gold discovery” on its Phum Syarung Prospect in its Oyado South tenement drilling… …an impressive 16.65 g/t Au over 4.05 metres, as well as appreciable silver, copper, and lead.

http://www.marketwatch.com/story/unexplored-cambodia-shines-for-angkor-gold-2012-10-17