AABB - Asia Metals Launches $10 Million Production Facilities Expansion As Phase II Drill Program Continues
November 19 2019 - 8:56AM
InvestorsHub NewsWire
AABB - Asia Metals Launches $10
Million Production Facilities Expansion As Phase II Drill Program
Continues
Las Vegas, NV -- November 19,
2019 -- InvestorsHub NewsWire -- Asia Broadband
Inc. (OTC
: AABB), through its wholly owned subsidiary Asia Metals Inc.,
announced today the Company has begun its $10 million production
facilities expansion program
to implement a large-scale
equipment and facilities installation to dramatically increase
current production output at the Company’s mine in Guerrero,
Mexico. The Company’s technical team has been engaged with
several engineering and process consultants to finalize the scope,
budget and details to roll out the production expansion plan.
Milestone events of the production expansion will be released
as they become available.
As the Company’s production
expansion efforts continue, the second release of drilling assays
are expected to be available for publishing within the next three
weeks. The results will be specific to the second core submission
of 5,350 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 early October,
the Company’s management and technical team were thrilled to
announce the successful initial drill results from the Phase II
Program.
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.
Contact the Company at:
Email:
ir@asiabroadbandinc.com
Website: www.asiametalsinc.com
Phone:
702-866-9054
Cervitude Intelligent
Relations
Nicholas
Coriano
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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