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