AsiaBaseMetals Inc.
- Seeking & Reviewing Advanced Copper & Gold Projects in Safe Mining Friendly Jurisdictions
AsiaBaseMetals Inc.
- Seeking & Reviewing Advanced Copper & Gold Projects in Safe Mining Friendly Jurisdictions
About Us
Building Value
Building Value
AsiaBaseMetals Inc. (the "Company") is focused in the mining sector for value driven assets; globally.
Project Diversification
The Company, in addition to advancing its current mining projects, is continually reviewing advanced projects for acquisitions.
We are interested in projects for:
- Copper
- Gold
- Silver
- Uranium
- Potash
- Zinc
Accomplished Team
The Company is lead by an accomplished Board of Directors, Management, with an Advisory Board (the "Team") operating under a high code of business conduct and ethics that is:
- successful
- entrepreneurial
- business oriented
- experienced in mining from early exploration through to production
- operating under high standards of business conduct
- building shareholder value
- advancing its current projects
- seeking and reviewing advanced mining projects for acquisition, exploration and development
- focused on safe mining friendly jurisdiction.
Building Value
Building Value
Building Value
AsiaBaseMetals Inc. (the "Company") - is a publicly reporting company listed and trading on a Stock Exchange in Canada.
Stock Exchange Listing
The Company is listed on the TSX Venture Exchange in Canada (Trading Symbol: TSX.V: ABZ.
Advancing Current Project and Reviewing Additional Advanced Projects for Acquisition
The Company is advancing its current mining projects forward, and continually reviewing advanced mining assets for acquisition to build and further enhance shareholder value.
Featured Project
Gnome Project, a 100% owned Cobalt/Zinc exploration property encompassing four (4) mineral claims (1,996 hectares) in the heart of an area that is home to both the Cirque and the Cardiac Creek Deposits is located 35 kilometers SE along trend from Teck Resources Limited ("Teck") & Korea Zinc's joint ventured ("T-KZ-JV" - 50% each) Cirque deposit ("Cirque Deposit") and 15 kilometers south east from ZincX Resources ("ZincX") Cardiac deposit ("Cardiac Creek Deposit").
The Cirque Deposit, the Cardiac Creek Deposit, Pie, Cirque East and Yuen properties, the Cirque Property and the Gnome property are all in the same geological belt, NE of Williston Lake, in northeastern British Columbia, Canada, within a north-northwest-south-southwest-oriented geological trend in the southernmost part of the Kechika Trough of the regionally extensive Paleozic Selwyn basin.
The Selwyn Basin is already recognized as of the most prolific sedimentary basins in the world for the occurrence of sedex zinc-lead-silver and strataform barite deposits discovered in the heday of northern B.C., Canada, Pb-Zn-Ag exploration (late 1970's and early 1980's).
Our History
Building Value
Our History
AsiaBaseMetals Inc. (the "Company") became an independent publicly reporting company effective September 30, 2009 pursuant to the completion of plan of arrangement ("POA") completed by Tintina Resources America Inc. (name changed to Sandfire Resources America Inc. effective February 2, 2018).
Completion of Plan of Arrangement ("Spin-Out") Undertaken by AsiaBaseMetals Inc., and Completed to Create Three (3) Independent Publicly Reporting Companies (September 2, 2020):
The independent public reporting company status of the three (3) Mantra companies (noted above) resulted upon completion of a court approved statutory plan of arrangement under the Business Corporations Act (British Columbia) (the "Plan of Arrangement") undertaken and executed by AsiaBaseMetals Inc. with approval from the TSX Venture Exchange and the British Columbia Courts.
In accordance with the Plan of Arrangement, among other things:
- Mantra Exploration Inc. acquired a 100% interest in the Jean (Iron Ore) Project from AsiaBaseMetals Inc.; and
- Mantra 2 Real Estate Inc. acquired the option to purchase a real estate project (under option) in Croatia from AsiaBaseMetals Inc. ; and
- Mantra Pharma Inc. acquired a medical marijuana project (undertaken with a city) in Croatia (part of the European Union (EU) from AsiaBaseMetals Inc.
In consideration of the foregoing, the shareholders of AsiaBaseMetals Inc., as of the record date, received one common share in the capital of each of Mantra Exploration Inc. , Mantra 2 Real Estate Inc., and Mantra Pharma Inc., each a Publicly Reporting Company ("Spin-Co" or all three jointly referred to as the "Spin-Co's") for each share of AsiaBaseMetals Inc. held on the record date.
As a result, upon completion of the Plan of Arrangement, as noted above, each of the three Spin-Co's ceased to be a wholly owned subsidiary of AsiaBaseMetals Inc. as of the record date, and became independent publicly reporting companies; with each company seeking a listing on a Stock Exchange.