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Asiabasemetals Inc V.ABZ

AsiaBaseMetals Inc. is a Canada-based exploration company focused on the exploration and development of metals. The Company is focused on advancing its acquisition targets in the Americas, Asia and Africa for base metals (copper), alkali metals (cobalt and lithium) and precious metals (gold and silver). The Gnome Project (Cobalt / Zinc), 100% owned by the Company, encompassing approximately 5,868 hectares (12 mineral claims) in the heart of an area that is home to both the Cirque and the Cardiac Creek Deposits, is located 35 kilometers southeast along trend from Teck Resources Limited and Korea Zinc's joint ventured Cirque deposit and 15 kilometers southeast from the Cardiac Creek deposit. It has applied for the exploration permit for the Thazi Mineral Claims (Thazi (Lithium) Project) from Myanmar's mining ministry. The Company has an option agreement to acquire properties, such as Paisano Gold, Cedar River, Robbins Lake and Moosetrack Lake.


TSXV:ABZ - Post by User

Bullboard Posts
Comment by jcjohn36on May 15, 2007 10:26am
395 Views
Post# 12782121

interesting

interestingTwo large institutional shareholdings have emerged in the last year with a combined interest of close to 25% of Aber Diamond. M & G Investment Management, London, U.K. owns 14.63% and Blackrock Inc., New York, owns 10.2% of Aber Diamond's 58.4 million shares outstanding. Since May 3, 2007, M & G Investment Management's position has was increased by 2.5% to the current level.
Bullboard Posts