AsiaBaseMetals Inc. announced its planned exploration work in 2019 on its Gnome Project (Cobalt & Zinc). Grab samples are selected samples and are not necessarily representative of the mineralization hosted on the property. The Company anticipates the additional work on the Gnome Project to include trenching (for Cobalt) and selection of drill targets and relatively shallow drilling (for Zinc) upon compilation and analysis of recent (2018) and historical exploration data and based in part on the extensive previous work performed on the Gnome Project. The Company expects the two phased exploration program to consist of: trenching to better define the Cobalt discovery (at an estimated cost of approximately $100,000, within the approximate 1 sq. km previously sampled area) in the first phase, and drilling to confirm and better define the Zinc discovery (at an estimated cost of approximately $300,000). The second phase work is expected to be comprised of up to 750 metres of drilling, likely in 10 drill holes, averaging 75 metres each. Having arranged the financing for the phase one work, the Company anticipates pursuing the funding for the second phase after completing the first phase work, with a view to minimizing dilution to shareholders. The Gnome Project (Cobalt/Zinc), owned 100% by AsiaBaseMetals (12 mineral claims encompassing 5,868 hectares), located 230 km north-northwest ("N-NW") of the town of Mackenzie in British Columbia, Canada is 35 km southeast ("SE") from Teck Resources Limited ("Teck") & Korea Zinc's ("KZ") joint ventured ("T-KZ-JV" - 50% each) Cirque Deposit and 15 km SE of the Cardiac Creek deposit - Akie Project (ZincX Resources Inc.). The Cirque deposit, the Cardiac Creek deposit, Pie, Cirque East and Yuen properties (51% interest in the Pie, Cirque East and Yuen properties that were originally optioned by Teck from ZincX Resources Inc. (formerly Canada Zinc Metals Corp.) ("ZincX") now held as part of the T-KZ JV), the Cirque Property and the Gnome property are all in the same geological belt, northeast ("NE") of Williston Lake, in north western British Columbia, Canada, within a north-northwest-south-southeast (N-NW-S-SE) -oriented geological trend in the southernmost part (Kechika Trough) of the regionally extensive Paleozoic Selwyn basin, one of the most prolific sedimentary basins in the world for the occurrence of SEDEX zinc-lead silver and stratiform barite deposits.