Company Overview

Angkor Resources Corp. is a Canada-based natural resource company focused on the exploration and development of mineral and energy assets, operating primarily in the mining and oil and gas industries. The company’s core activities center on mineral exploration for gold, copper, and other base metals, complemented by a smaller but strategic involvement in upstream oil and gas exploration. Its business model is characteristic of a junior resource company, emphasizing early-stage exploration, asset delineation, and partnership-driven development rather than full-scale production.

Originally incorporated in 2009 as Angkor Gold Corp., the company rebranded to Angkor Resources Corp. to reflect a broader resource mandate beyond precious metals. Angkor Resources has positioned itself as one of the longest-operating Western resource companies in Cambodia, leveraging early-mover status, regulatory familiarity, and long-standing local relationships as strategic advantages. Its primary customers are not end users but rather potential joint venture partners, acquirers, and capital market investors seeking exposure to frontier and underexplored resource jurisdictions.

Business Operations

Angkor Resources operates through two primary business segments: Mineral Exploration and Oil & Gas Exploration. The mineral exploration segment focuses on identifying and advancing gold and copper prospects through geochemical sampling, geophysics, and drilling, with revenue generation historically derived from option agreements, joint ventures, and asset transactions rather than mineral sales.

Operations are conducted largely through its wholly owned Cambodian subsidiary, Angkor Gold Ltd., which holds the company’s mineral licenses and manages in-country exploration programs. In the energy segment, the company maintains an interest in upstream oil and gas assets in Cambodia through EnerCam Cambodia Ltd., providing exposure to onshore hydrocarbon basins. Data inconclusive based on available public sources regarding commercial production, as operations remain at the exploration and appraisal stage.

Strategic Position & Investments

The company’s strategy emphasizes capital-efficient exploration, asset monetization through partnerships, and selective diversification across resource types. Growth initiatives have included expanding its copper-gold exploration footprint and entering the Cambodian oil and gas sector to balance commodity exposure. A notable strategic move was the acquisition of EnerCam Cambodia Ltd., which added oil and gas exploration licenses and technical data to the company’s portfolio.

Angkor Resources continues to focus on emerging resource opportunities in underexplored jurisdictions, with particular attention to copper due to its relevance in electrification and energy transition themes. While the company has evaluated joint venture and farm-out opportunities, publicly available disclosures indicate no definitive development commitments or producing assets to date.

Geographic Footprint

Angkor Resources’ operational footprint is concentrated in Southeast Asia, with Cambodia representing its principal area of activity. The company’s corporate headquarters are located in Canada, where it manages financing, investor relations, and regulatory compliance, while field operations, licensing, and stakeholder engagement are conducted locally through its Cambodian subsidiary.

Within Cambodia, Angkor Resources has historically held multiple exploration licenses across several prospective regions, providing exposure to both mineralized belts and onshore hydrocarbon basins. Outside of Cambodia, the company does not report material operational assets, and its international influence is primarily financial and exploratory rather than production-based.

Leadership & Governance

Angkor Resources is led by an executive team with experience in junior resource development, frontier market operations, and capital markets. The leadership philosophy emphasizes long-term asset stewardship, local engagement, and disciplined capital allocation, reflecting the risks and timelines inherent in early-stage resource exploration.

Key executives include:

• Delano Perez – President & Chief Executive Officer
• Mike Weeks – Chairman of the Board
• Allison Butchart – Chief Financial Officer
• Steve Burega – Vice President, Exploration

Data inconclusive based on available public sources regarding recent changes to board composition beyond these roles, as disclosures vary slightly across reporting periods.