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Asiabasemetals Inc V.ABZ

AsiaBaseMetals Inc. is a growth company focused on the exploration and development of metals, including precious metals such as gold and silver, base metals such as zinc and copper, and alkali metals such as cobalt and lithium. The Company has a 100% owned project in northeastern British Columbia, Canada - the 1,996-hectare Gnome zinc/cobalt project in the prolific geological district known as the Kechika Trough, a district hosting several zinc deposits. The Gnome project lies 70 km SE from the Cirque Zn-PbAg deposit and 46 km SE along the trend of the Akie Zn-Pb-Ag deposit, all of which are in the Kechika trough, a geological belt northeast of Williston Lake containing these and other the sediment hosted Zn-Pb-Ag prospects along trend. The Company has an option agreement to acquire properties, such as Paisano Gold, Cedar River, Robbins Lake and Moosetrack Lake. It is also reviewing additional advanced projects for acquisition.


TSXV:ABZ - Post by User

Bullboard Posts
Post by jcjohn36on Dec 14, 2006 2:46pm
251 Views
Post# 11868839

no worries

no worries 2 diamond sales occurred in the 3Q of 2006 versus 3 diamond sales in the 3Q of 2005 - diamond production for the quarter was up 30% to a record 1.1 million carats net to Aber from the Diavik Mine - retail sales for the 3Q from 100% owned Harry Winston up 32% to $54 million. - diamond output for the calendar year ending Dec. 31st 2006 is now forecast to exceed 9 million carats versus the revised estimate of 8 million carats. - costs were higher due to higher due to a stronger C$, early closure of the winter road, a problem with equipment and earnings were impacted by some one-time items. - Aber's 4Q ending Jan. 31st 2007 will include 3 diamond sales along with the very strong holiday retail selling period for Harry Winston.
Bullboard Posts