AABB - Asia Metals Drill Program Results Affirm Significant Gold Mineralization Intersections
LAS VEGAS, NV -- January 30, 2019 -- InvestorsHub NewsWire -- Asia Broadband Inc. (USOTC: AABB), through its wholly owned subsidiary Asia Metals Inc., today announced the results of the 2018 Phase I Drill Program conducted in close proximity to the Company's mine in Guerrero, Mexico. The drill program was completed primarily during the 4th quarter of 2018 on the Company's concessions in the La Coloradas area and consisted of 12 holes to an average depth of 468 meters (m) and 5,612 (m) in total were drilled. The focal point of the results were significant gold mineralization intersections in multiple drill holes. The most prominent gold value intersections were 3.1 meters (m) graded at 10.9 grams per ton (g/t), 4.8 meters (m) graded at 8.7 grams per ton (g/t) and 14.2 meters (m) graded at 5.7 grams per ton (g/t).
The Company's management and its technical team, lead by Operations and Exploration Manager Felipe Morales Rodriguez, will be meeting this week to collectively assess the drilling program data and begin planning the details to proceed with the Phase II Property Development Program.
Asia Broadband Inc. (USOTC: 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.
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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.