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Posted On: 09/29/2020 9:00:52 AM
Post# of 44828
$AABB - Asia Metals Inc. Signs Letter Of Intent To Acquire New Mineral Property In Prolific Mining Region Of Mexico
LAS VEGAS , Sept. 29, 2020 /PRNewswire/ -- Asia Broadband Inc. (OTC:AABB), through its wholly owned subsidiary Asia Metals Inc., today announced that it has signed a Letter of Intent (LOI) to acquire a high potential mineral property in the state of Colima, Mexico . The property is located in a prolific iron-copper-gold production area approximately 25 kms east of the Pena Colorada mine in Minatitlan , Mexico. Advantageously located with direct access to main Highway #3, the property also has a natural water supply. The land parcel is located at 19°18'47.3"N 103°53'49.9"W and consists of 100 hectares. Strategically viewed as a diversification acquisition, the Colima property is situated in a region where AABB has a comparative advantage of development resources and expertise readily available to rapidly develop the project. The Company is conducting its final stages of due diligence in preparation to complete the property acquisition agreement.
https://www.barchart.com/story/stocks/quotes/...-of-mexico
LAS VEGAS , Sept. 29, 2020 /PRNewswire/ -- Asia Broadband Inc. (OTC:AABB), through its wholly owned subsidiary Asia Metals Inc., today announced that it has signed a Letter of Intent (LOI) to acquire a high potential mineral property in the state of Colima, Mexico . The property is located in a prolific iron-copper-gold production area approximately 25 kms east of the Pena Colorada mine in Minatitlan , Mexico. Advantageously located with direct access to main Highway #3, the property also has a natural water supply. The land parcel is located at 19°18'47.3"N 103°53'49.9"W and consists of 100 hectares. Strategically viewed as a diversification acquisition, the Colima property is situated in a region where AABB has a comparative advantage of development resources and expertise readily available to rapidly develop the project. The Company is conducting its final stages of due diligence in preparation to complete the property acquisition agreement.
https://www.barchart.com/story/stocks/quotes/...-of-mexico
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