AABB – Asia Metals Designates $10 Million To Initial Development Program For Colima, Mexico Gold Property And Facilities
LAS VEGAS, Jan. 26, 2021 Asia Broadband Inc. (OTC : AABB), through its wholly owned subsidiary Asia Metals Inc., announced today that the Company has allocated $10 million for the initial development program to accelerate operations toward production at the high potential gold and base metal property in Colima, Mexico. This self-funded capital designation by the Company will be for the first phase of operations development to expand the infrastructure, conduct further geophysics capture, initiate a drilling exploration program and build site preparations for facilities installations. Furthermore, AABB is preparing a complete operations and expansion assessment of the property to determine a total capital budget, which will also be self-funded by the Company, for additional post-production development phases.
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AABB - Asia Metals Achieves $16 Million Annual Gross Profit and Validates Mining Operations Success
LAS VEGAS, Jan. 28, 2021 (GLOBE NEWSWIRE) Asia Broadband Inc. (OTC : AABB), through its wholly owned subsidiary Asia Metals Inc., announced today that the Company is in the process of finalizing its financial results for the year ending December 31, 2020, and has confirmed an all-time high annual gross profit of $16 million. The achievement of this milestone affirms the Company’s successful mining operations established in 2020.
Subsequent to the closing the 2020 year-end, AABB completed the sale of its mining operations in the Guerrero Gold Belt (GGB), Mexico, for $82 million, further validating the Company’s development achievements. AABB thereafter shifted its focus to leverage its resources and experience to duplicate its successful GGB mining operations expansion model on its high potential Colima, Mexico, gold property. Additionall
AABB - Asia Metals Designates $10 Million To Initial Development Program For Colima, Mexico Gold Property And Facilities
January 26, 2021 08:00 ET | Source: Asia Broadband Inc. Asia Broadband Inc. Las Vegas, Nevada, UNITED STATES
LAS VEGAS, Jan. 26, 2021 (GLOBE NEWSWIRE) Asia Broadband Inc. (OTC : AABB), through its wholly owned subsidiary Asia Metals Inc., announced today that the Company has allocated $10 million for the initial development program to accelerate operations toward production at the high potential gold and base metal property in Colima, Mexico. This self-funded capital designation by the Company will be for the first phase of operations development to expand the infrastructure, conduct further geophysics capture, initiate a drilling exploration program and build site preparations for facilities installations. Furthermore, AABB is preparing a complete operations and expansion assessment of the property to dete
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
AABB - Asia Metals Inc. Enters Negotiations To Expand Gold Property Ownership Footprint In The .
Asia Broadband Inc.January 12, 2021 GMT
LAS VEGAS, Jan. 12, 2021 (GLOBE NEWSWIRE) Asia Broadband Inc. ( AABB ), through its wholly owned subsidiary Asia Metals Inc., announced today that it has initiated negotiations to purchase an additional 200 hectares of mineral property adjacent to the Company’s existing San Palmar gold property in Colima, Mexico. The outstanding geological and geophysical trends extending from AABB’s existing property into the targeted area, creates a strategic acquisition opportunity to compliment and expand the mineral asset development footprint in this prolific mining area of Mexico.
AABB - Asia Metals Inc. Accelerates Colima Gold Property Development Program In Prolific Mining Region of Mexico
January 04, 2021 08:00 ET | Source: Asia Broadband Inc. Asia Broadband Inc. Las Vegas, Nevada, UNITED STATES
LAS VEGAS, Jan. 04, 2021 (GLOBE NEWSWIRE) Asia Broadband Inc. (
AABB), through its wholly owned subsidiary Asia Metals Inc., announced today that it has began the construction of exploration and development facilities and infrastructure roads on its high potential gold and base metal property in Colima, Mexico. The goal of the development program is to accelerate the process of moving toward production. Previous geophysics and groundwork have revealed strong indications of significant mineralization structures in multiple sectors of the property. Located in a major gold-iron-copper production area, the property is approximately 25 kms east of the Pena Colorada mine in Minatitlan, Mexico. Advantageously loca