Thursday, August 11, 2011

Asia Properties, Inc. (ASPZ) ‏is “One to Watch”

Asia Properties, Inc. is a junior mining exploration enterprise. Currently their focus is on deploying Asian based capital to develop and acquire mining assets in North America and other favorable mining jurisdictions. Asia Properties has offices in Bellingham, Washington and in Hong Kong.

The Company is concentrating on the alluvial gold mining and resources sector. They invest in exploration mining claims as well as existing mines as opportunities present themselves. Daniel McKinney is the Chief Executive Officer of Asia Properties Inc. He is an entrepreneur and investment banker who has established several businesses over the last thirty years. Mr. McKinney has had extensive experience in mining ventures in both precious metals and gemstone mining. He has invested in many mining ventures and geological explorations ranging from Burma, Thailand, Columbia, Brazil, China, several African countries and Mongolia.

Last month, Asia Properties, Inc. announced the acquisition of 16 gold claims located in the province of Quebec, Canada. The Company acquired Banroy Resources, an Ontario partnership, which owns the 16 claims located in La Pause Township, Abitibi, in Quebec, Canada for 500,000 restricted ASPZ common shares and $10,000. The claims staked by Banroy Resources cover an area of 677.52 hectares.

Mr. Daniel McKinney, CEO of Asia Properties Inc. (API) said in July, “The board decided to make this change in business into the gold mining and resources sector over numerous Asian based real estate opportunities. Our management team and consultants have extensive experience and success in this sector and we plan an aggressive roll up of gold mining properties.”

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