Weekly Round-Up: Improving Global Economy Lifts Oil, Slows Gold
Encouraging numbers from the US, Europe and China boosted investor sentiment this week, while one gold producer kept a close eye on the situation in Mali.
Articles Tagged "TSXV:ANK"
Angkor Gold Completes First Strategic Transaction and Receives USD $2.4M
Gold – Angkor Gold Corp. (TSXV:ANK) announced the completion of the strategic transaction for the sale of a 8km subsection of its 300km Oyadao tenement to All Solutions Co. Allsol has been issued a new 78 km exploration license and the Company retains the remaining 222 km of the existing Oyadao license. The Company has received the total payment.
Angkor Gold Announces MOU with Mesco Gold for Phum Syarung
Gold – Angkor Gold (TSXV:ANK) announced that it has entered a Memorandum of Agreement with Mesco Gold Ltd. to develop and mine Angkor's Phum Syarung prospect within its Oyadao South Concession in Ratanakiri Province, Cambodia. A Definitive Agreement has been drafted and will be signed.
Weekly Round-Up: Commodities Markets Eye US Economic Talks
Concerns about the approaching fiscal cliff continued to cast a damper on trading this week.
Angkor Gold Delivers Third Medical Supply Container As Part of Its Sustainable Community Development Program
Gold – Angkor Gold Corp. (TSXV:ANK) reported that a third medical supply container was delivered on December 7, 2012 as part of its growing Sustainable Community Development program in Cambodia. The container arrived in Pursat Province, eastern Cambodia and was met by a welcoming committee composed of staff, government representatives, and Angkor's CEO and VP Corporate Social Responsibility, Mike and Delayne Weeks. Celebrations were held on December 22, 2012 with over 1000 people attending, including provincial and federal government representatives, local TV and newspapers.
Gold Lacks Luster on Post-FOMC Malaise
Gold – The gold price failed to catch fire this week even though the US Federal Reserve announced news that was bullion-supportive.
Angkor Gold Reports its Most Significant Cambodian Discovery to Date
Gold – Angkor Gold Corp. (TSXV:ANK) announced the discovery of significant quantities of visible gold on its Phum Syarung prospect. Six of eight holes drilled returned highly positive results. The Company is aiming to define its exploration program by its top three prospects next season.
Stuart Ross Resigns from Angkor Gold Corp.
Gold – Angkor Gold Corp. (TSXV:ANK) announced the resignation of Mr.Stuart Ross from its board.
Angkor Gold Intercepts 16.67g/t Gold over 4.05m on the Phum Syarung Prospect in Cambodia
Gold – Angkor Gold (TSXV:ANK) discovered gold on the Phum Syarung Prospect, Oyadao South tenement. Drilling has outlined a strike of 275m, open at depth, to the north and to the south on a linear north-south vein and 6 out of 8 holes returned highly positive results, two of which contain noticeable quantities of visible gold.
Angkor Gold Corp. Acquires the Andong Meas Concession in Cambodia
Gold – Angkor Gold Corp. (TSXV:ANK) acquired Liberty Mining ad Transol Mining, owners of the 209 square kilometre Andong Meas concession in Cambodia.
