Asia Broadband (OTC: AABB) has completed a week of shareholder tours at its new gold and silver ore processing facility in Etzatlan, Mexico. The facility features two production lines: a mineral flotation process with 500 tons per day capacity and a cyanidation process starting September 2025. The flotation line targets initial production of 350 tons daily, projecting $2.17M in net revenue for the first 3 months and $11.47M in the first year. The cyanidation line aims for 200 tons daily, expecting to generate $2.55M in the first 4 months and $15.33M in its first year. Production costs are estimated at $56.75 per ton. The facility includes an on-site lab and testing program to optimize operations. During the tours, commemorative silver coins were given to the largest shareholder each day, revealing a >5% stakeholder among participants.
Asia Broadband (OTC: AABB) ha completato una settimana di visite per gli azionisti presso il suo nuovo impianto di lavorazione di minerali d'oro e argento a Etzatlan, Messico. L'impianto dispone di due linee di produzione: un processo di flottazione minerale con una capacità di 500 tonnellate al giorno e un processo di cianurazione che inizierà a settembre 2025. La linea di flottazione punta a una produzione iniziale di 350 tonnellate giornaliere, con una previsione di 2,17 milioni di dollari di ricavi netti nei primi 3 mesi e 11,47 milioni di dollari nel primo anno. La linea di cianurazione mira a 200 tonnellate al giorno, con un'aspettativa di generare 2,55 milioni di dollari nei primi 4 mesi e 15,33 milioni di dollari nel primo anno. I costi di produzione sono stimati in 56,75 dollari per tonnellata. L'impianto include un laboratorio interno e un programma di test per ottimizzare le operazioni. Durante le visite, sono state consegnate monete commemorative d'argento al maggiore azionista presente ogni giorno, rivelando un partecipante con una quota superiore al 5%.
Asia Broadband (OTC: AABB) ha completado una semana de visitas para accionistas en su nueva planta de procesamiento de minerales de oro y plata en Etzatlan, México. La planta cuenta con dos líneas de producción: un proceso de flotación mineral con una capacidad de 500 toneladas por día y un proceso de cianuración que comenzará en septiembre de 2025. La línea de flotación tiene como objetivo una producción inicial de 350 toneladas diarias, proyectando 2,17 millones de dólares en ingresos netos durante los primeros 3 meses y 11,47 millones de dólares en el primer año. La línea de cianuración apunta a 200 toneladas diarias, esperando generar 2,55 millones de dólares en los primeros 4 meses y 15,33 millones de dólares en su primer año. Los costos de producción se estiman en 56,75 dólares por tonelada. La planta incluye un laboratorio interno y un programa de pruebas para optimizar las operaciones. Durante las visitas, se entregaron monedas conmemorativas de plata al mayor accionista presente cada día, revelando un participante con más del 5% de participación.
Asia Broadband (OTC: AABB)는 멕시코 에츠틀란에 위치한 새로운 금 및 은 광석 가공 시설에서 주주 투어를 일주일간 성공적으로 마쳤습니다. 이 시설은 두 개의 생산 라인을 갖추고 있습니다: 일일 처리 용량이 500톤인 광물 부유 공정과 2025년 9월에 시작되는 시안화 공정입니다. 부유 라인은 을 목표로 하며, 첫 3개월 동안 217만 달러의 순수익과 첫 해에 1147만 달러의 수익을 예상합니다. 시안화 라인은 일일 200톤을 목표로 하며, 첫 4개월 동안 255만 달러, 첫 해에는 1533만 달러의 수익을 기대하고 있습니다. 생산 비용은 톤당 56.75달러로 추산됩니다. 시설 내에는 운영 최적화를 위한 현장 실험실과 테스트 프로그램이 포함되어 있습니다. 투어 기간 동안 매일 가장 큰 주주에게 기념 은화가 제공되었으며, 참여자 중 5% 이상의 지분을 가진 주주가 확인되었습니다.
Asia Broadband (OTC : AABB) a achevé une semaine de visites pour actionnaires dans sa nouvelle installation de traitement de minerais d'or et d'argent à Etzatlan, au Mexique. L'installation dispose de deux lignes de production : un processus de flottation minérale avec une capacité de 500 tonnes par jour et un processus de cyanuration débutant en septembre 2025. La ligne de flottation vise une production initiale de 350 tonnes par jour, avec un chiffre d'affaires net projeté de 2,17 millions de dollars pour les 3 premiers mois et de 11,47 millions de dollars la première année. La ligne de cyanuration cible 200 tonnes par jour, avec une prévision de 2,55 millions de dollars sur les 4 premiers mois et 15,33 millions de dollars la première année. Les coûts de production sont estimés à 56,75 dollars par tonne. L'installation comprend un laboratoire sur site ainsi qu'un programme de tests pour optimiser les opérations. Pendant les visites, des pièces commémoratives en argent ont été offertes au principal actionnaire présent chaque jour, révélant un participant détenant plus de 5 % des parts.
Asia Broadband (OTC: AABB) hat eine Woche lang Aktionärsführungen in seiner neuen Gold- und Silbererzaufbereitungsanlage in Etzatlan, Mexiko, abgeschlossen. Die Anlage verfügt über zwei Produktionslinien: einen Mineralaufschlussschwebeschwimmprozess mit einer Kapazität von 500 Tonnen pro Tag und einen Cyanidierungsprozess, der im September 2025 starten soll. Die Schwimmlinie zielt auf eine anfängliche Produktion von 350 Tonnen täglich ab und prognostiziert 2,17 Mio. USD Nettoumsatz in den ersten 3 Monaten sowie 11,47 Mio. USD im ersten Jahr. Die Cyanidierungsanlage strebt 200 Tonnen täglich an und erwartet 2,55 Mio. USD in den ersten 4 Monaten sowie 15,33 Mio. USD im ersten Jahr. Die Produktionskosten werden auf 56,75 USD pro Tonne geschätzt. Die Anlage umfasst ein Labor vor Ort sowie ein Testprogramm zur Optimierung der Abläufe. Während der Führungen wurden dem größten Aktionär des Tages Gedenkmünzen aus Silber überreicht; unter den Teilnehmern wurde ein Anteilseigner mit über 5 % bekannt.
Positive
New gold and silver processing facility operational with advanced automation
Projected first-year revenue of $11.47M from flotation line and $15.33M from cyanidation line
Low production cost of $56.75 per ton
On-site lab and testing program reduces costs and maximizes revenue
Discovery of >5% shareholder indicates strong investor confidence
Negative
Initial production starts below maximum capacity (350 tons vs 500 tons capacity)
Cyanidation line won't be operational until September 2025
LAS VEGAS, May 14, 2025 (GLOBE NEWSWIRE) -- Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce that the Company has now completed a week of shareholder tours of AABB’s new gold and silver ore processing facility in Etzatlan, Mexico. The daily tour participants were transported by helicopter from Guadalajara to the La Paz Mine and the processing plant site to view and learn about all aspects of the mine and the facility operations. As a token of appreciation for attending, the Company gifted a commemorative AABB silver coin, made with silver processed on-site, to the largest shareholder on each tour. Additionally, the Company learned that one of the coin recipients is more than a 5% shareholder and his holdings will now be reported in the quarterly disclosures. AABB encourages all large shareholders to disclose their positions for reporting and to highlight the confidence in the Company’s growth that large holdings represent.
Thrilled with the success of the inaugural tours, the Company is planning to host additional tours to highlight and inform shareholders of AABB’s current and future projects. These events could accommodate the many shareholders that inquired about the tours, but were unable to travel and attend at this time.
AABB’s new plant is designed to utilize advanced mining equipment automation and efficiencies to maximize processing throughput and metals extraction and minimize the production costs. The unique benefits of the Company’s on-site lab and testing program accelerates the new processing facility operations with reduced costs and maximized plant revenues. Additionally, the facility has been built with expanded processing capability that will be implemented after the initial production levels have been established.
The first line of production, which is a mineral flotation process, will be capable of producing up to 500 tons per day. The initial processing target will be 350 tons per day for the first 3 months and then gradually increase to 500 tons per day. With an average production cost of $56.75 USD per ton, the Company estimates a net revenue of $2,170,610 USD in the first 3 months of operations and $11,473,227 USD in the first 12 months. The second line of production, which is a cyanidation process, is also estimated to go into production September 2025, with an initial target of 200 tons per day for the first 4 months and gradually increase to 500 tons per day. Since the cyanidation process produces a higher yield, the estimated net revenue is expected to increase to $2,554,367 USD in the first 4 months of operations and $15,326,203 USD in the first 12 months.
“It was an amazing week for AABB and the shareholders that attended our tours of the new processing facility in Etzatlan. The Company had the unique opportunity to showcase to some of our greatest supporters the achievements of our technical team. We are all very proud and excited to have reached this pivotal point in our Company’s mining operations and to have created the foundation to reach the next level of growth for AABB,” expressed Chris Torres, AABB President and CEO.
About Asia Broadband
Asia Broadband Inc. (OTC: AABB) is a resource company focused on the production of precious metals and the accumulation of physical gold holdings. The Company utilizes its specific geographic expertise, experience and extensive industry contacts to facilitate the expansion of precious metals property holdings and production in Mexico. The Company's industry and business integration in Mexico and its asset diversification are unique strengths of AABB that differentiate it from other companies and creates distinctive value for shareholders. Additionally, the Company has a digital assets business segment with its AABBG mine-to-token gold-backed cryptocurrency within its own proprietary AABB Wallet and the unique Golden Baboons Mining Club and Shorts Rascal Club Non-Fungible Token (NFT) collections. AABB expects its token to become a world-wide standard of exchange that is stable, secured and trusted with gold backing, while having the added benefit of demand based price appreciation. These are unique and outstanding qualities relative to other cryptocurrencies and digital asset developers.
Contact the Company at:
General Email:
ir@asiabroadbandinc.com
Token Support:
support@aabbgmine2token.com
Company Websites:
www.asiabroadbandinc.com
www.aabbgmine2token.com
www.goldenbaboons.com
Phone:
702-744-4785
Forward-Looking Statements are contained in this press release within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the Asia Broadband Inc.’s (the “Company”) expected current beliefs about the Company’s business, which are subject to uncertainty and change. The operations and results of the Company could materially differ from what is expressed or implied by the statements made above when industry, regulatory, market and competitive circumstances change. Further information about these risks can be found in the annual and quarterly disclosures the Company has published on the OTC Markets website. The Company is under no obligation to update or alter its forward-looking statements as future circumstances, events and information may change.
Photos accompanying this announcement are available at
What is AABB's projected revenue from its new Etzatlan processing facility?
AABB projects $11.47M in first-year revenue from the flotation line and $15.33M from the cyanidation line, totaling approximately $26.8M in combined revenue for the first year of operations.
When will AABB's cyanidation processing line begin operations in Etzatlan?
The cyanidation processing line is scheduled to begin operations in September 2025, starting with 200 tons per day and gradually increasing to 500 tons per day.
What is the production capacity of AABB's new Etzatlan facility?
Each production line (flotation and cyanidation) has a maximum capacity of 500 tons per day, for a total potential capacity of 1,000 tons per day when fully operational.
What is the production cost per ton at AABB's Etzatlan facility?
The average production cost at the Etzatlan facility is $56.75 USD per ton.
How many shareholders own more than 5% of AABB stock?
At least one shareholder owns more than 5% of AABB stock, as revealed during the facility tours, and will be reported in quarterly disclosures.
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