Asia Broadband Increases Scope of Expanded NI 43-101 Geological and Mineral Resource Report For Bonanza Gold Mine Project
Asia Broadband Inc. (OTC: AABB) is expanding the scope of its certified geological technical report for the Bonanza Gold Mine Project in Acaponeta, Nayarit, Mexico. Recent work program activities have revealed outstanding indications, prompting the AABB geological team to mandate a further increase in the report's scope. The company is now working with a new qualified professional person (QP) to prepare the report, expected in the fourth quarter.
The Bonanza property has shown high-grade gold assay results, with significant gold values exceeding 10 grams per ton (g/t). AABB management is optimistic about the project's potential for rapid expansion, high production, low operating costs, and strong contribution to gross profits. The company continues to implement its mining property acquisition strategy, focusing on regions in Mexico where it has a comparative advantage in development resources and expertise.
Asia Broadband Inc. (OTC: AABB) sta ampliando l'ambito del suo rapporto tecnico geologico certificato per il Progetto della Miniera d'Oro Bonanza ad Acaponeta, Nayarit, Messico. Le recenti attività del programma di lavoro hanno rivelato indicazioni straordinarie, spingendo il team geologico di AABB a richiedere un ulteriore ampliamento dell'ambito del rapporto. L'azienda sta ora collaborando con un nuovo professionista qualificato (QP) per preparare il rapporto, atteso nel quarto trimestre.
La proprietà Bonanza ha mostrato risultati di analisi di oro ad alto grado, con valori significativi di oro che superano i 10 grammi per tonnellata (g/t). La direzione di AABB è ottimista sul potenziale di rapida espansione del progetto, alta produzione, bassi costi operativi e un forte contributo ai profitti lordi. L'azienda continua a implementare la sua strategia di acquisizione delle proprietà minerarie, concentrandosi su regioni in Messico dove ha un vantaggio comparativo nelle risorse di sviluppo e competenza.
Asia Broadband Inc. (OTC: AABB) está ampliando el alcance de su informe técnico geológico certificado para el Proyecto de la Mina de Oro Bonanza en Acaponeta, Nayarit, México. Las actividades recientes del programa de trabajo han revelado indicios sobresalientes, lo que llevó al equipo geológico de AABB a solicitar un aumento en el alcance del informe. La compañía ahora está trabajando con un nuevo profesional calificado (QP) para preparar el informe, que se espera en el cuarto trimestre.
La propiedad Bonanza ha mostrado resultados de análisis de oro de alta calidad, con valores significativos de oro que superan los 10 gramos por tonelada (g/t). La dirección de AABB es optimista sobre el potencial de rápida expansión del proyecto, alta producción, bajos costos operativos y una fuerte contribución a las ganancias brutas. La compañía continúa implementando su estrategia de adquisición de propiedades mineras, centrándose en regiones de México donde tiene una ventaja comparativa en recursos de desarrollo y experiencia.
아시아 브로드밴드 주식회사(OTC: AABB)가 멕시코 나야리트주 아카포네타에 있는 보난자 금광 프로젝트의 인증된 지질 기술 보고서 범위를 확장하고 있습니다. 최근 작업 프로그램 활동에서 뛰어난 지표가 나타났으며, 이에 따라 AABB의 지질 팀은 보고서의 범위를 추가로 확장하기로 결정했습니다. 회사는 현재 새로운 자격을 갖춘 전문가(QP)와 함께 보고서를 준비하고 있으며, 이는 4분기에 예상되고 있습니다.
보난자 부지는 고급 금 분석 결과를 나타내었으며, 금의 가치가 톤당 10그램(g/t)을 초과하는 중요한 수치를 보여주고 있습니다. AABB 경영진은 프로젝트의 빠른 확장, 높은 생산량, 낮은 운영 비용 및 총 수익에 대한 강력한 기여에 대해 낙관적입니다. 회사는 개발 자원 및 전문성에서 비교 우위를 갖고 있는 멕시코의 지역에 중점을 두고 광산 재산 인수 전략을 계속해서 시행하고 있습니다.
Asia Broadband Inc. (OTC: AABB) étend le champ de son rapport technique géologique certifié pour le Projet de Mine d'Or Bonanza à Acaponeta, Nayarit, Mexique. Les activités récentes du programme de travail ont révélé des indications remarquables, incitant l'équipe géologique d'AABB à demander une augmentation supplémentaire du périmètre du rapport. L'entreprise travaille désormais avec un nouveau professionnel qualifié (QP) pour préparer le rapport, qui est attendu au quatrième trimestre.
La propriété Bonanza a montré des résultats d'analyse d'or à haute teneur, avec des valeurs d'or significatives dépassant 10 grammes par tonne (g/t). La direction d'AABB est optimiste quant au potentiel de rapide expansion du projet, à une production élevée, à des coûts d'exploitation bas et à une forte contribution aux bénéfices bruts. L'entreprise continue à mettre en œuvre sa stratégie d'acquisition de propriétés minières, en se concentrant sur des régions au Mexique où elle dispose d'un avantage comparatif en ressources de développement et d'expertise.
Asia Broadband Inc. (OTC: AABB) erweitert den Umfang ihres zertifizierten geologischen Fachberichts für das Bonanza Gold Mine Project in Acaponeta, Nayarit, Mexiko. Jüngste Aktivitäten des Arbeitsprogramms haben herausragende Hinweise geliefert, die das geologische Team von AABB veranlasst haben, eine weitere Erweiterung des Berichts zu fordern. Das Unternehmen arbeitet nun mit einer neuen qualifizierten Fachkraft (QP) zusammen, um den Bericht vorzubereiten, der im vierten Quartal erwartet wird.
Das Bonanza-Gelände hat Ergebnisse von Goldanalysen hoher Qualität gezeigt, mit signifikanten Goldwerten von über 10 Gramm pro Tonne (g/t). Die Geschäftsführung von AABB ist optimistisch hinsichtlich des Potenzials des Projekts für eine schnelle Expansion, hohe Produktion, niedrige Betriebskosten und einen starken Beitrag zu den Bruttogewinnen. Das Unternehmen setzt seine Strategie zur Akquisition von Bergbaueigentum fort und konzentriert sich auf Regionen in Mexiko, in denen es einen komparativen Vorteil bei Entwicklungsressourcen und -kompetenzen hat.
- High-grade gold assay results with values exceeding 10 grams per ton at Bonanza Gold Mine Project
- Expanded scope of geological technical report to better represent mineral resources
- Potential for rapid expansion, high production, and low operating costs at Bonanza project
- Strategic focus on regions with comparative advantage in development resources and expertise
- Delay in the release of the certified geological technical report, now expected in Q4
LAS VEGAS, Sept. 18, 2024 (GLOBE NEWSWIRE) -- Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce that the Company is increasing the scope of its expanded certified geological technical report on its
Located in the prolific mining region of Acaponeta in Nayarit, Mexico, the Bonanza property has shown high-grade gold assay results from samples and drilling activities with the most significant gold values of more than 10 grams per ton (g/t). Company management is excited by the Bonanza project for its potential for rapid expansion, high production, low operating costs and strong contribution to gross profits.
To download the initial Bonanza Project Certified Geological Technical Report, go to: https://asiabroadbandinc.com/acaponeta-bonanza-report/
“The most recent information on Bonanza compelled us to take additional time to maximize the expanded resource scope in the new technical report to truly define the mineral levels. It will be an exciting milestone for the mining team that will further reveal the high potential of Bonanza and direct our ongoing development and production operations,” stated Chris Torres, AABB President and CEO.
AABB continues to implement its mining property acquisition strategy to optimize development capital utilization by focusing operations in regions of Mexico where AABB has a comparative advantage of development resources and expertise readily available for rapid expansion and duplication of the Company’s previous gold production success.
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.
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