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Posted On: 04/22/2021 5:14:30 PM
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NetworkNewsBreaks – Asia Broadband Inc. (AABB) Enters LOI to Acquire Acaponeta Gold Project
Asia Broadband (OTC: AABB) today announced its entry into a letter of intent (“LOI”) to acquire a historic-production mine property in the prolific mining region of Acaponeta in Nayarit, Mexico. The high-grade acquisition target, located approximately 48 kms southeast from the city of Acaponeta and 3 kms from the town of El Carrizo, has existing infrastructure, two mine sites and a facility capable of processing 200 tons per day. The Acaponeta gold project is another prospective high-yield asset addition in Asia Broadband’s strategic expansion initiative to acquire production and increase AABB’s physical gold holdings. In the coming weeks, the company will conduct further due diligence and continue its negotiations to acquire the economical $11 million property.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Asia Broadband (OTC: AABB) today announced its entry into a letter of intent (“LOI”) to acquire a historic-production mine property in the prolific mining region of Acaponeta in Nayarit, Mexico. The high-grade acquisition target, located approximately 48 kms southeast from the city of Acaponeta and 3 kms from the town of El Carrizo, has existing infrastructure, two mine sites and a facility capable of processing 200 tons per day. The Acaponeta gold project is another prospective high-yield asset addition in Asia Broadband’s strategic expansion initiative to acquire production and increase AABB’s physical gold holdings. In the coming weeks, the company will conduct further due diligence and continue its negotiations to acquire the economical $11 million property.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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