Asia Broadband Announces the Grand Opening and Ribbon Cutting Ceremony for its Gold and Silver Ore Processing Plant in Etzatlan, Mexico
Asia Broadband (OTC: AABB) has celebrated the grand opening of its new gold and silver ore processing facility in Etzatlan, Mexico. The event was attended by local government officials, industry leaders, and dignitaries.
The facility features two production lines: a mineral flotation process with capacity up to 500 tons per day, targeting 350 tons daily for the first 3 months, and a cyanidation process scheduled to begin in September 2025. With production costs at $56.75 USD per ton, the company projects:
- First line: $2.17M net revenue in first 3 months, $11.47M in first year
- Second line: $2.55M net revenue in first 4 months, $15.33M in first year
The plant incorporates advanced mining equipment automation and features an on-site lab and testing program to optimize processing throughput and metals extraction while minimizing costs.
Asia Broadband (OTC: AABB) ha inaugurato la sua nuova struttura di lavorazione di minerale d'oro e argento a Etzatlan, in Messico. All'evento hanno partecipato rappresentanti del governo locale, leader del settore e dignitari.
La struttura dispone di due linee di produzione: un processo di flottazione minerale con una capacità fino a 500 tonnellate al giorno, con un obiettivo di 350 tonnellate giornaliere per i primi 3 mesi, e un processo di cianurazione previsto per iniziare a settembre 2025. Con costi di produzione di 56,75 USD per tonnellata, l'azienda prevede:
- Prima linea: 2,17 milioni di dollari di ricavi netti nei primi 3 mesi, 11,47 milioni nel primo anno
- Seconda linea: 2,55 milioni di dollari di ricavi netti nei primi 4 mesi, 15,33 milioni nel primo anno
Lo stabilimento integra un'automazione avanzata delle apparecchiature minerarie e dispone di un laboratorio e un programma di test in loco per ottimizzare la capacità di lavorazione e l'estrazione dei metalli, riducendo al minimo i costi.
Asia Broadband (OTC: AABB) celebró la inauguración de su nueva planta de procesamiento de mineral de oro y plata en Etzatlan, México. Al evento asistieron funcionarios del gobierno local, líderes de la industria y dignatarios.
La planta cuenta con dos líneas de producción: un proceso de flotación mineral con una capacidad de hasta 500 toneladas diarias, apuntando a 350 toneladas diarias durante los primeros 3 meses, y un proceso de cianuración programado para comenzar en septiembre de 2025. Con costos de producción de 56.75 USD por tonelada, la empresa proyecta:
- Primera línea: 2.17 millones de dólares en ingresos netos en los primeros 3 meses, 11.47 millones en el primer año
- Segunda línea: 2.55 millones de dólares en ingresos netos en los primeros 4 meses, 15.33 millones en el primer año
La planta incorpora automatización avanzada en equipos mineros y cuenta con un laboratorio y programa de pruebas en sitio para optimizar la capacidad de procesamiento y la extracción de metales, minimizando los costos.
Asia Broadband (OTC: AABB)는 멕시코 에츠틀란에 새로운 금 및 은 광석 처리 시설의 성대한 개장을 축하했습니다. 이번 행사에는 지역 정부 관계자, 업계 리더 및 귀빈들이 참석했습니다.
이 시설에는 두 개의 생산 라인이 있습니다: 일일 최대 500톤 처리 용량의 광물 부상 공정으로, 첫 3개월 동안은 일일 350톤을 목표로 하며, 2025년 9월에 시작 예정인 시안화 공정이 포함되어 있습니다. 톤당 생산 비용이 미화 56.75달러인 가운데, 회사는 다음과 같은 수익을 예상합니다:
- 첫 번째 라인: 첫 3개월 동안 순수익 217만 달러, 첫 해 1147만 달러
- 두 번째 라인: 첫 4개월 동안 순수익 255만 달러, 첫 해 1533만 달러
이 공장은 첨단 광산 장비 자동화를 도입했으며, 현장 내 실험실 및 테스트 프로그램을 통해 처리량과 금속 추출을 최적화하면서 비용을 최소화합니다.
Asia Broadband (OTC : AABB) a célébré l'inauguration de sa nouvelle installation de traitement de minerai d'or et d'argent à Etzatlan, au Mexique. L'événement a réuni des représentants du gouvernement local, des leaders de l'industrie et des dignitaires.
L'installation comprend deux lignes de production : un procédé de flottation minérale avec une capacité allant jusqu'à 500 tonnes par jour, visant 350 tonnes quotidiennes pendant les trois premiers mois, ainsi qu'un procédé de cyanuration prévu pour débuter en septembre 2025. Avec un coût de production de 56,75 USD par tonne, la société prévoit :
- Première ligne : 2,17 millions USD de revenus nets au cours des 3 premiers mois, 11,47 millions USD la première année
- Deuxième ligne : 2,55 millions USD de revenus nets au cours des 4 premiers mois, 15,33 millions USD la première année
L'usine intègre une automatisation avancée des équipements miniers et dispose d'un laboratoire sur site ainsi que d'un programme de tests pour optimiser le débit de traitement et l'extraction des métaux tout en minimisant les coûts.
Asia Broadband (OTC: AABB) hat die feierliche Eröffnung seiner neuen Anlage zur Verarbeitung von Gold- und Silbererz in Etzatlan, Mexiko, gefeiert. An der Veranstaltung nahmen lokale Regierungsvertreter, Branchenführer und Würdenträger teil.
Die Anlage verfügt über zwei Produktionslinien: einen Mineral-Flotationsprozess mit einer Kapazität von bis zu 500 Tonnen pro Tag, wobei in den ersten 3 Monaten eine tägliche Produktion von 350 Tonnen angestrebt wird, sowie einen Cyanidierungsprozess, der im September 2025 starten soll. Bei Produktionskosten von 56,75 USD pro Tonne prognostiziert das Unternehmen:
- Erste Linie: 2,17 Mio. USD Nettoumsatz in den ersten 3 Monaten, 11,47 Mio. USD im ersten Jahr
- Zweite Linie: 2,55 Mio. USD Nettoumsatz in den ersten 4 Monaten, 15,33 Mio. USD im ersten Jahr
Die Anlage integriert eine fortschrittliche Automatisierung der Bergbauausrüstung und verfügt über ein vor Ort befindliches Labor sowie ein Testprogramm, um den Durchsatz und die Metallgewinnung zu optimieren und gleichzeitig die Kosten zu minimieren.
- New processing facility operational with 500 tons/day capacity per line
- Advanced automation and on-site lab to optimize efficiency and reduce costs
- Projected combined first-year revenue of $26.8M from both production lines
- Low production costs at $56.75 per ton
- Initial production starts at reduced capacity (350 tons/day vs 500 capacity)
- Second production line delayed until September 2025
LAS VEGAS, April 16, 2025 (GLOBE NEWSWIRE) -- Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce the Company’s grand opening and ribbon cutting ceremony for the new gold and silver ore processing facility in Etzatlan, Mexico. Attending this historic event for the Company were government officials, industry leaders and dignitaries to mark and celebrate the tremendous milestone achievement of AABB’s mining operations group and highlight the extensive local economic benefits for the community with the new facility operations. The attendees included Municipal President of Etzatlan Lic. Carlos Martinez Reyes, Municipal President of San Marcos Lic. Laura Sardy Alcantar Hernandez, Representatives of the Association of Mining, Metallurgical and Geological Engineers of Mexico (AIMMGM) and Priest Jose Guadalupe Cabrera Nodal. The participants also commemorated the grand opening with a meet and greet breakfast event at the facility.
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
“This is an incredibly special and historic day for AABB with the achievement of opening of our ore processing plant in Etzatlan. Our technical team has worked meticulously long hours since the beginning of the year to bring all the elements together for the opening of the new facility. 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 achieve 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: | 702-866-9054 |
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:
https://www.globenewswire.com/NewsRoom/AttachmentNg/a1a8ca48-897e-4756-929c-a99277b18dd9
https://www.globenewswire.com/NewsRoom/AttachmentNg/3bcadd94-72fc-4f00-8cb0-e46117b175bd
https://www.globenewswire.com/NewsRoom/AttachmentNg/61a5b705-c3bf-4f72-8099-bd41bffb450e
FAQ
What is the processing capacity of AABB's new Etzatlan facility?
When will AABB's second production line (cyanidation) begin operations?
What is the projected revenue for AABB's new processing facility?
What is the production cost per ton at AABB's new Etzatlan facility?
