- Asia Broadband takes the Los Reyes gold mine property purchase deal further with mapping and rock sampling assay results
- Asia Broadband announces the appointment of new management personnel
- AABB will be launching a new website with information highlighting all its development and operational goals with the managerial aspects of the company
Asia Broadband (OTC: AABB) has received mapping and rock sample assay results during the ongoing due diligence process for acquiring a significant gold mine property and on-site processing unit in the productive mining region of Mascota in Jalisco, Mexico. The company had signed the Letter of Intent sometime back to acquire this reputed mining area.
The 200-hectare Los Reyes property, situated at an average elevation of 2600 meters above sea level, is located approximately 3 km from Navidad, at geographic coordinates 20° 15′ – 20° 51” latitude North and 104° 31′ – 105° 11” longitude West. Spread over an expansive 25 hectares of land, the Los Reyes project has two mine sites with existing infrastructure and a humungous 50-ton per day processing unit. The effort towards this gold mine property acquisition is AABB’S strategic initiative to acquire gold production and high potential gold properties to increase the company’s physical gold holdings (https://ibn.fm/kozot).
The company also announced the appointment of new management personnel this month. Asia Broadband is a resource company that employs a unique vertical approach to the sale of its base and precious metals, giving the company an edge over its competitors. With the expansion of its mining operations, the AABBG gold-backed cryptocurrency, and administration initiatives in the pipeline, AABB requires added professional expertise and managerial infrastructure at its disposal (https://ibn.fm/CzEnk).
AABB is also launching a new website with information highlighting all its development and operational goals with the managerial aspects of the company, alongside the new management recruitments. Subsequently, the company also plans to release an audit status update.
Asia Broadband is actively engaged in the expansion and acquisition maneuvers. Last year, Asia Broadband announced its acquisition of a high potential mineral property that showed significant mineralization in its multiple sectors, in the state of Colima, Mexico.
Recently, the company also launched their AABB Gold (“AABBG”) cryptocurrency token developed by Core State Holdings, Corp. (“CSHC”). This strengthened the company’s foothold as a market leader in providing a trusted gold-backed standard of exchange targeting high growth markets globally, especially the Asian markets (https://ibn.fm/kM3mX).
For more information, visit the company’s website at www.AsiaBroadbandInc.com.
NOTE TO INVESTORS: The latest news and updates relating to AABB are available in the company’s newsroom at https://ibn.fm/AABB
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