MiningNewsBreaks – Asia Broadband Inc. (AABB) Enters Joint Venture Agreement for Producing Tequila Gold Mine Project

Asia Broadband (OTC: AABB) today announced its entry into a definitive joint venture agreement to secure a 75% interest in the Tequila Gold Mine Project and 100% of the current and future gold production from the property. According to the update, the company came to terms with owner Juan Enrique Michel Arambula Y Socios for the 66.6792-hectare concession # 219165, La Guadalupe, located approximately 70 kilometers north of Guadalajara near the town San Martin de las Canas in the municipality of Tequila, Jalisco, Mexico. In addition, negotiations are ongoing to add concessions to the Tequila Project joint venture. The Tequila property is currently producing gold, silver and base metals from its 25 ton-per-day processing facility, and efforts are underway to significantly increase daily production capacity with a mill facilities expansion installation in the first quarter of 2022. AABB will continue the previous exploration and drilling program, done by a Canadian mining company, that revealed multiple high-grade potential gold and silver mineralization veins. The additional development work on the property will facilitate completion of a professional geological resource assessment report as well as further define the scope of the joint venture’s capital budget.

To view the full press release, visit https://ibn.fm/CSrlh

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.

NOTE TO INVESTORS: The latest news and updates relating to AABB are available in the company’s newsroom at https://ibn.fm/AABB

About MiningNewsWire

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

To receive SMS text alerts from MiningNewsWire, text “BigHole” to 21000 (U.S. Mobile Phones Only)

For more information, please visit https://www.miningnewswire.com

Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published: https://www.miningnewswire.com/Disclaimer

MiningNewsWire
Los Angeles, California
www.miningnewswire.com
310.299.1717 Office
Editor@MiningNewsWire.com

MiningNewsWire is part of the InvestorBrandNetwork.

Lacey@MNW

Share
Published by
Lacey@MNW

Recent Posts

MiningNewsBreaks – ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) Begins On-Site Construction at Montauban Gold-Silver Project 

ESGold (CSE: ESAU) (OTCQB: ESAUF) has commenced on-site construction and mill assembly at its fully…

4 days ago

MiningNewsBreaks – ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) Closes C$3.45M Financing to Advance Montauban Gold-Silver Project 

ESGold (CSE: ESAU) (OTCQB: ESAUF) has closed its previously announced non-brokered private placement for gross…

5 days ago

MiningNewsBreaks – ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) Advances Toward Production with Q3 Gold-Silver Timeline at Montauban

ESGold (CSE: ESAU) (OTCQB: ESAUF) issued a corporate update highlighting steady progress at its fully…

6 days ago

MiningNewsBreaks – Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Reports Strong Tin-Silver Results, Expands Drilling at Iska Iska 

Eloro Resources (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) reported final assays from its 10-hole definition…

6 days ago

MiningNewsBreaks – Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Advances Waterberg Mine Toward Development Decision

Platinum Group Metals (NYSE American: PLG) (TSX: PTM) reported financial results for the six months…

7 days ago

MiningNewsBreaks – Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) Upsizes Private Placement to C$1.5 Million on Strong Investor Demand 

Fathom Nickel (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) has increased its previously announced non-brokered private…

2 weeks ago