$AABB report good read. very good grams per ton[8grams to 13.2 grams per ton]
Here is the full report with increased gold production and revenue potential!!!
big time potential.
Here is the full report with increased gold production and revenue potential!!!
AABB - Asia Metals Inc. Assay Results From $4 Million Drilling Program Establish High Grade Gold Mineralization,
As Gold Outlook Remains Strong
Press Release | 09/01/2020
LAS VEGAS, Sept. 01, 2020 (GLOBE NEWSWIRE) -- Asia Broadband Inc. (OTC : AABB), through its wholly owned subsidiary Asia Metals Inc., announced today further results of the Phase II Drill Program conducted in close proximity to the Company’s mine in Guerrero, Mexico.
The fifth and final drilling stage of the Phase II Program was completed in August 2020 on the Company’s concessions in the La Coloradas area and consisted of 7 holes to an average depth of 398 meters (m) and 2,785 (m) in total were drilled.
The results revealed high grade gold mineralization intersections in multiple drill holes and the most significant gold values were 4.4 meters (m) graded at 12.3 grams per ton (g/t), 5.2 meters (m) graded at 10.8 grams per ton (g/t) and 5.7 meters (m) graded at 8.0 grams per ton (g/t).
Asia Metals Inc. - Phase II Drilling Program Data August 2020 - La Coloradas
Hole ID Hole (m) Start (m) End (m) Width (m) AU (g/t) AG (g/t)
LC2020AM-LIV 396 297 306 8.8 7.71 0.94
356 369 12.8 2.69 1.37
LC2020AM-LV 406 252 260 7.34 3.18 1.15
304 310 5.2 10.81 0.89
361 374 12.3 1.47 0.54
LC2020AM-LVI 379 248 254 5.9 3.65 1.26
311 318 6.6 5.92 0.97
LC2020AM-LVII 421 276 282 5.7 8.01 1,13
325 333 7.2 4.24 1.22
381 393 11.6 1.93 0.68
LC2020AM-IVIII 383 - - - IR* IR*
LC2020AM-LIX 412 262 276 13.1 2.25 1.89
309 314 4.4 12.31 1.01
378 384 5.8 2.06 0.95
LC2020AM-LX 388 299 306 6.9 5.12 1.23
347 358 10.5 2.86 1.72
* Please note that the IR in data table above represents an Insignificant Result
The $4M Phase II Exploration and Development Program that began in the third quarter of 2019 is now complete with 48 holes and 21,037 (m) total drilled.
AABB’s management and technical team have been thrilled with the successful drill results of the Phase II Program in all five phases of assay results published.
The highlights of drill results have revealed high grade gold mineralization in multiple holes in each phase published attesting to the mine’s historical production to date.
Some of the most significant gold value intersections fr$AABB report good read. very good grams per ton. big time potential.
Here is the full report with increased gold production and revenue potential!!!om all of the results are 4.1 meters (m) graded at 13.2 grams per ton (g/t), 4.9 meters (m) graded at 12.6 grams per ton (g/t), 4.4 meters (m) graded at 12.3 grams per ton (g/t).
The Company is now planning a series of post-program evaluations to prepare to engage in the mineral resource and reserves report generation process.
As AABB continues accelerating its mining operations expansion in 2020 and the outlook for gold remains strong, the Company is on target to achieve it highest production quarter in Q3.
AABB is also anticipating gold production to triple in 2020 from its 2019 benchmark due to higher daily throughput levels and metals extraction efficiencies achieved with the new production facilities installed earlier this year.
Additionally, the recent economic conditions have created strong and unprecedented fundamentals for gold producer equities and increased demand from the investment community.
The economic instability, uncertainty and inflationary effects of the Coronavirus pandemic have launched gold and gold producers into a significant growth phase and increased profit margins.
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