Asia Broadband Inc (AABB)

[TAZMANS]

AABB - Asia Metals Inc. Budgets $4 Million for Phase II Drilling and Exploration Program

LAS VEGAS, April 18, 2019 /PRNewswire/ -- Asia Broadband Inc. (OTC : AABB), through its wholly owned subsidiary Asia Metals Inc., has committed a $4 million budget to its Phase II Exploration and Development Program near the Company's mine in Guerrero, Mexico. The Phase II Program will further target a specific area in close proximity to the mine to continue delineating the existing historical gold vein structure. Additionally, the new exploration program will expand the drill target scope to several other property areas that are adjacent to the mine.
The Company's management and its technical team are ecstatic with the successful drill results from the Phase I Program. The highlights of the drill results revealed high grade gold mineralization that attested the mine's historical production to date. The most significant 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). Consequently, planning and analysis meetings have been ongoing over past several months to finalize the scope, budget and specific areas that will be the focus of the Phase II Drill Program. Further details of the Phase II Program will be announced soon in conjunction with start of the work activities.