Asia Broadband (OTC: AABB), a precious metals resource holder and cryptocurrency developer, has been assessing several gold mining projects and has issued letters of intent (“LOIs”) for mines and processing facilities in the Mexico-based states of Jalisco and Nayarit. These efforts are underway in order for AABB to add to its gold holdings under its mine-to-token strategy. The company is moving forward with its intent to acquire new gold reserves and recently announced that one of the mines subject to its LOI has produced high-grade assay results from random samples collected throughout the property when due diligence procedures began. “The preliminary report on the sample assay from the Acaponeta-Bonanza project increases the company’s hopes of obtaining high-grade mineralization values and vein concentrations throughout the property once an acquisition agreement is finalized,” reads a recent article. The company anticipates that the potential acquisition will “expeditiously advance AABB into production and an expansion program… The Acaponeta project in Nayarit has two mine sites, existing infrastructure and a 200 ton-per-day processing facility located in a prolific mining region. According to a May 25 announcement, the random rock samples included findings of 10.4 grams per ton (g/t), 8.9 (g/t) and 6.8 (g/t) of gold.”
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About Asia Broadband Inc.
Asia Broadband 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 Mexico to client sales networks in Asia. This vertical integration approach to sales transactions is the unique strength of AABB that differentiates the company and creates distinctive value for shareholders. The company has recently released its freshly minted mine-to-token, gold-backed cryptocurrency AABB Gold token (“AABBG”) and strives to become a worldwide standard of exchange that is secured and trusted with gold backing, an outstanding quality relative to other cryptocurrencies. For more information, visit www.AsiaBroadbandInc.com and www.AABBGoldToken.com.
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