Angkor Resources Corp.
Angkor Resources Corp. (TSXV: ANK, formerly Angkor Gold Corp., renamed September 2019, incorporated 2008) is a Sexsmith, Alberta-headquartered company advancing Cambodia's first onshore oil & gas license. Through its 75%-owned subsidiary EnerCam, it holds Block VIII under a 30+ year production sharing contract, with 350 line-km of seismic acquired/interpreted and over 21 confirmed oil seeps; planned exploration drilling pending EIA approval. This is now the company's primary focus, alongside a legacy copper-gold exploration portfolio (Andong Bor in northwest Cambodia, Andong Meas in the northeast) with defined mineralization and multiple drill targets but no published resource estimate.
Lifecycle Milestones
Jurisdiction (40%)5/10
Cambodia -- a frontier jurisdiction for Western-listed resource companies, but Angkor has operated there 15+ years with established government and community relationships, and holds Cambodia's first onshore oil & gas production sharing contract (30+ year term). Score reflects a genuine frontier market with real political/regulatory-continuity risk, offset by the company's unusually long local track record.
Infrastructure (40%)Not yet researched
No flagship project on file yet, so existing mill, road access, grid power, and tailings facility haven't been researched.
Nearby producing mine (20%)Not yet researched
No project coordinates on file yet, so distance to a producing mine can't be measured.
Acquisition Susceptibility
A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal in the research, a producer that already owns part of the company, is scored from its disclosed strategic shareholders. A producer that is a joint-venture or earn-in partner on the project, rather than a shareholder, isn't captured yet.
How this score is built
- Disclosed pending dealSub-score: Not scored
No pending acquisition or merger disclosed (checked)
Not scored: having no deal in flight isn't held against a company.
Weight 26.25% - Producer's strategic stakeSub-score: Not scored
No producer holds a disclosed stake on file (holder register researched) See holders
Not scored: most juniors that do get bought had no prior toehold, so a missing stake says little either way.
Weight 25% - Distance to a producing mineSub-score: Not yet researched
Distance not yet researched: no project coordinates on file
Distance can't be measured without coordinates, so excluded rather than counted as far.
Weight 22.5% - Lifecycle stageSub-score:1/10
Stage: Grassroots Exploration
Feasibility and permitting score 10, where deals cluster, and production 5.5; earlier stages score less, down to 1 at grassroots.
Weight 15% · 57% here - JurisdictionSub-score:5/10
Cambodia: jurisdiction score 5/10
Our jurisdiction score, used as is: higher means lower political and permitting risk.
Weight 6.75% · 26% here - CommoditySub-score:2/10
Primary commodity: Oil & Gas
Gold 10, copper 8, silver 5, nickel and uranium 4, others 2: most majors' deals are for gold.
Weight 4.5% · 17% here
Weight is each input's share of the full score. “Here” is its share of this company's score: inputs that aren't scored are left out and the rest re-weighted, never counted as zero.
Your Rankings
Management Team
Over 30 years of experience in corporate structure, finance, and business management. Has implemented mergers and acquisitions across the private sector and has a strong influence in ESG implementation, having worked in management across multiple countries.
Founder of Angkor Gold Corp. and previously served as its president and CEO. 25 years of experience in project management of power generation and petroleum-related industries; over 14 years negotiating with foreign governments on natural resource concessions. Holds a First Class Power Engineering Certificate.
Chartered Professional Accountant (CPA, CA) with over 25 years of management experience including York University and PriceWaterhouseCoopers. Has served as CFO or director for several TSX Venture-listed public companies with operations in Canada, the USA, and Mexico.
Insiders, Investors & Smart Money
Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.
The one positive signal is genuine but dated: Mike Weeks and Delayne Weeks each bought on the open market on 16 July 2025 — 219,857 and 237,143 shares at C$0.175 — and there is no record of either ever selling, with earlier purchases by Delayne Weeks in 2022 on the same pattern. That is thirteen months ago, just outside the window that would count as current. Beyond it we found no producer or strategic shareholder, no named institutional holder, and no reported institutional ownership figure at all.
No notable insiders tracked for this miner yet.
Reports, Presentations & Documents
Angkor Resources, renamed from Angkor Gold in September 2019, now focuses on Cambodia's first onshore oil and gas licence, Block VIII, which it holds through its 75%-owned subsidiary EnerCam under a production sharing contract of more than 30 years, with 350 line-km of seismic and more than 21 confirmed oil seeps. The environmental impact assessment for drilling is under inter-ministerial review, and drilling could start in late 2026 or early 2027 once approved. It also holds a legacy copper-gold exploration portfolio at Andong Bor and Andong Meas in Cambodia, which has no resource estimate.