AABB – Asia Metals Inc. Initiates Phase II Drill Program as Gold Price Hits 6 Year High

LAS VEGAS, July 2, 2019 /PRNewswire/ — Asia Broadband Inc. (OTC : AABB), through its wholly owned subsidiary Asia Metals Inc., has initiated its Phase II Exploration and Development Program that will continue to target areas in extended proximity to the Company’s mine in Guerrero, Mexico, to further delineate the known historical and new gold vein structures. The progressive and variable drill program has a committed budget of $4,000,000 with a 10% cost variance allowance and an estimated completion timeline of 6 months. In its entirety, the Program estimates that more than 40 drill holes and over 20,000 (m) of drilling will be completed. The preparatory groundwork on the first drill target area has already begun. All drill targets defined in the Program protocol were selected using data obtained from the Company’s Phase I Drill Program completed in the fourth quarter of 2018 and new geophysics data captured from the property region in the first quarter of this year.