AABB - Asia Metals Inc. to Release Third Assay Results of $4
LAS VEGAS, Jan. 30, 2020 /PRNewswire/ -- Asia Broadband Inc. (OTC: AABB), through its wholly owned subsidiary Asia Metals Inc., confirmed today that further assay results will be available and published next week, as the Company continues accelerating its mining operations expansion activities in 2020. The results will be specific to the third core submission of 5,148 meters (m) drilled of the Company's $4M Phase II Exploration and Development Program of the planned 20,000 (m) drilling campaign targeting areas in extended proximity to the Company's mine in Guerrero, Mexico, to further delineate the known historical and new gold vein structures.
In October and December of 2019, the Company's management and technical team were thrilled with the successful drill results of the Phase II Program. The highlights of the Phase II drill results also revealed high grade gold mineralization in multiple holes further supporting the Phase I Program drill results released in January 2019 and attesting to the mine's historical production to date. The most significant gold value intersections from the December results were 4.9 meters (m) graded at 12.1 grams per ton (g/t), 5.2 meters (m) graded at 11.0 grams per ton (g/t) and 6.5 meters (m) graded at 10.6 grams per ton (g/t).
Asia Broadband Inc. (OTC: AABB), through its wholly owned subsidiary Asia Metals Inc., is a resource company focused on the production, supply and sale of precious and base metals, primarily to Asian markets. The Company utilizes its specific geographic expertise, experience and extensive industry contacts to facilitate its innovative distribution process from the production and supply of precious and base metals in Guerrero, Mexico, to our client sales networks in Asia. This vertical integration approach to sales transactions is the unique strength of Asia Broadband and differentiates the Company to its shareholders.
Forward-Looking Statements are contained in this press release within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the Asia Broadband Inc.'s (the "Company") expected current beliefs about the Company's business, which are subject to uncertainty and change. The operations and results of the Company could materially differ from what is expressed or implied by the statements made above when industry, regulatory, market and competitive circumstances change. Further information about these risks can be found in the annual and quarterly disclosures the Company has published on the OTC Markets website. The Company is under no obligation to update or alter its forward-looking statements as future circumstances, events and information may change.
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SOURCE Asia Broadband Inc.