Asia Broadband Initiates Drill Program in Gold Production Area on Strategic High-Grade Property, as Gold Continues Upward Momentum
ASIA BROADBAND INC (AABB)
NASDAQ:AMEX Investor Relations:
asiabroadbandinc.com/investor.html
Company Research
Source: GlobeNewswire
LAS VEGAS, April 03, 2024 (GLOBE NEWSWIRE) -- Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce that the Company has began its Phase I drill program on its recently acquired high potential Picachos IV property in the prolific mining region of Hostotipaquillo, Jalisco, Mexico. The 4,081 hectare high-grade acquisition concession #239735 is located a rapidly developing area and is adjacent to TSX and OTCQX listed producer GoGold Resources Inc.’s Los Ricos South property. The Picachos gold project is another prospective high yield asset addition in the Company’s strategic expansion initiative to acquire gold production and increase the AABB’s physical gold holdings. The initial Picachos drill program is currently identifying targets and drilling depths based on the extension of data gathered from due diligence activities conducted prior to the property acquisition. The Company is currently refining the scope of the drill program to set the Phase I budget
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