AABB - Asia Broadband to acquire high-grade zodiac gold mine project in Mexico
Asia Broadband (OTCPK:AABB +2.3%) signed a definitive purchase agreement to acquire a 100% interest in the Zodiac Gold Mine Project in Buen Pais, Mexico. The total purchase price of the property was $700K and the company has the option to acquire two additional Zodiac concessions. Along with the property acquisition is a 150 ton/day capacity processing plant available for lease and expansion. "The Zodiac is an amazing acquisition for the us in terms of its production potential and economic value. Also, it is the third high-grade property now in the AABB mining portfolio," president & CEO Chris Torres commented.
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Asia Broadband to acquire high-grade zodiac gold mine project in Mexico