Angkor Resources Begins Drilling at Andong Bor License in Cambodia

Angkor Gold ( (TSE:ANK) ) just unveiled an update.

Angkor Resources Corp. has commenced drilling on the Andong Bor license in Cambodia, targeting copper porphyry at the Thmei North prospect. Following a magnetic survey earlier in 2025, the company identified 13 drill collar holes, with initial drilling focusing on six holes to explore copper soil anomalies. The drilling aims to assess the continuity of mineralization, with efforts concentrated on Zone C, where significant magnetic anomalies were found. This initiative is part of Angkor’s broader strategy to enhance its mineral exploration activities in Cambodia, potentially impacting its market positioning and stakeholder interests.

Spark’s Take on TSE:ANK Stock

According to Spark, TipRanks’ AI Analyst, TSE:ANK is a Underperform.

Angkor Gold’s overall score reflects significant financial difficulties, including no revenue generation, high leverage, and negative cash flows. While technical indicators show some upward momentum, the lack of profitability and dividends impacts its valuation. Recent corporate developments suggest potential growth opportunities, but financial challenges remain a primary concern.

To see Spark’s full report on TSE:ANK stock, click here.

More about Angkor Gold

Angkor Resources Corp. is a publicly traded company on the TSX-Venture Exchange, focusing on resource optimization in Cambodia and Canada. The company is involved in mineral exploration and energy solutions, with projects in carbon capture and gas conservation in Saskatchewan, Canada, and mineral and energy exploration in Cambodia through its subsidiaries Angkor Gold Corp. and EnerCam Resources.

Average Trading Volume: 69,449

Technical Sentiment Signal: Buy

Current Market Cap: C$36.31M

See more insights into ANK stock on TipRanks’ Stock Analysis page.