LAS VEGAS, Jan. 30, 2019 /PRNewswire/ -- Asia Broadband Inc. (OTC : 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 Metals Inc  -  Phase I Drilling Program Data  -  La Coloradas Area








Hole ID

Hole  (m)

Start (m)

End (m)

Width (m)

AU (g/t)

AG (g/t)








LC2018AM-I

542

239

249

9.2

1.94

1.31



306

311

4.8

8.71

0.92



427

432

4.9

0.73

0.46

LC2018AM-II

531

168

175

6.4

1.32

1.63



292

296

3.1

10.93

0.87



341

356

14.5

0.64

0.82

LC2018AM-III

427

211

228

16.7

0.86

1.15



378

385

6.2

7.49

0.79

LC2018AM-IV

479

284

288

3.7

9.13

1.27



332

353

21

0.64

1.03



413

420

6.9

0.49

1.72

LC2018AM-V

524

356

362

5.3

6.87

0.92

LC2018AM-VI

493

179

183

3.4

2.73

1.09



341

348

6.1

7.12

0.84

LC2018AM-VII

419

196

211

14.2

5.73

0.81

LC2018AM-VIII

514

398

403

4.3

6.84

0.96

LC2018AM-IX

461

196

204

7.1

4.32

1.24

LC2018AM-X

347

-

-

-

IR*

IR*

LC2018AM-XI

483

241

254

12.4

3.71

1.08

LC2018AM-XII

392

-

-

-

IR*

IR*








* Please note that the IR in data table above represents an Insignificant Result

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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SOURCE Asia Broadband Inc.