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Asia Broadband Enters into LOI for Acquisition of Underground Mine and Mining Concession in Etzatlán, Mexico for Total Consideration of $5.5M

$AABBPress releaseJul 1, 2026, 8:00 AM ETRead the release

Asia Broadband signed a non-binding Letter of Intent to acquire an underground gold and silver mining concession in Etzatlán, Mexico for $5.5 million. The property features historical drilling grades of 9-12 GPT gold and 350-400 GPT silver and is located near the company's existing processing plant.

Key figures

Deal Value Usd
5500000
Gold grade gpt
9-12
Silver grade gpt
350-400

AI analysis

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