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Asia Properties, Inc. (ASPZ)

Asia Properties, Inc. (ASPZ), a junior mining and exploration company with offices in Bellingham, Washington and in Hong Kong, operates in the alluvial gold mining and resources sector. The company focuses on exploration mining claims as well as existing mines. In response to the constantly rising demand for commodities in China, Asia Properties aims to deploy Asian based capital for the development and acquisition of mines around the world in favorable mining jurisdictions.

The company's Banroy Gold property includes 16 gold claims that cover an area of 677.52 hectares in the province of Quebec, Canada. The geological setting of the property, which exist between Destor-Porcupine and Larder Lake-Cadillac faults, exhibits geological features similar to the Kerr Addison (10,457,000 oz of gold from 1938 to 1996) and Holloway (4.9 M metric tonnes grading 5.9 g/t Au) ore deposits in Ontario.

Asia Properties recently signed a definitive agreement to acquire the King's Point, North Block Mining Concession, located in Newfoundland, Canada. Consisting of 53 claims, including the historic Rendall-Jackman mine, Golden Anchor and Beetle Pond sites, the concession comprises 1,325 hectares of rich poly-metallic formations. There is excellent infrastructure in the area, including a functional mill, numerous drill companies, skilled work force and analytical laboratories.

CEO Daniel McKinney leads the company with extensive experience in mining ventures, both precious metals and gemstone mining, having established numerous businesses over the last three decades. He has also invested in many mining ventures and geological explorations around the world. With a solid management team in place as well as an expanding portfolio of promising prospects, Asia Properties represents an excellent platform to support future growth.

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