AsiaBaseMetals Inc. Reports Earnings Results for the Second Quarter and Six Months Ended March 31, 2023

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.