Japan Oil, Gas and Metals Corporation (Jogmec) and Angkor Gold Corp. have increased their budget for phase 2 of the Angkor Oyadao South project by $425,000, according to Angkor Gold’s president.
In total, $1.425 million will be spent in phase 2 of the exploration of the Angkor Oyadao South project.
John-Paul Dau, Angkor Gold’s president, said their strategy continues to be to generate new targets for the intrusive systems on the property.
“We have a window during the wet season to focus our efforts on areas where we have previously identified extensive porphyry style alteration or geophysical anomalies which will be the target of future drilling,” Mr Dau said.
