Asia Broadband On-Site Mineral Analysis Lab Reveals High-Grade Results In Ore Stockpile Testing Campaign
Asia Broadband Inc. (OTC: AABB) has announced high-grade results from its on-site mineral analysis laboratory in Etzatlan, Mexico. The lab is testing ore stockpiles for the company's new processing facility, using recent data and a technical report to identify high mineral concentration targets. This efficient testing process accelerates production target identification, reducing costs and maximizing potential revenues.
The new processing plant, currently under construction, will utilize advanced mining equipment automation to optimize throughput and metals extraction. AABB has exclusive rights to purchase a 4 million ton ore stockpile, estimated to contain over $1 billion in gold and silver value. The facility is initially planned for a 200 ton per day (tpd) capacity, with potential revenue of $11 million annually. AABB aims to expand capacity to 1,000 tpd once initial operations are established.
Asia Broadband Inc. (OTC: AABB) ha annunciato risultati di alta qualità dal suo laboratorio di analisi minerali situato a Etzatlan, Messico. Il laboratorio sta testando le scorte di minerale per il nuovo impianto di lavorazione dell'azienda, utilizzando dati recenti e un rapporto tecnico per identificare obiettivi ad alta concentrazione minerale. Questo processo di test efficiente accelera l'identificazione degli obiettivi di produzione, riducendo i costi e massimizzando i potenziali introiti.
Il nuovo impianto di lavorazione, attualmente in costruzione, utilizzerà automazione avanzata delle attrezzature minerarie per ottimizzare il flusso di lavoro e l'estrazione dei metalli. AABB ha diritti esclusivi per acquistare una scorta di minerale di 4 milioni di tonnellate, stimata contenere oltre 1 miliardo di dollari in valore di oro e argento. L'impianto è inizialmente pianificato per una capacità di 200 tonnellate al giorno (tpd), con un potenziale introito di 11 milioni di dollari all'anno. AABB punta ad espandere la capacità a 1.000 tpd una volta stabilite le operazioni iniziali.
Asia Broadband Inc. (OTC: AABB) ha anunciado resultados de alta calidad de su laboratorio de análisis mineral en Etzatlan, México. El laboratorio está probando pilas de mineral para la nueva planta de procesamiento de la compañía, utilizando datos recientes y un informe técnico para identificar objetivos de alta concentración mineral. Este proceso de prueba eficiente acelera la identificación de objetivos de producción, reduciendo costos y maximizando los ingresos potenciales.
La nueva planta de procesamiento, actualmente en construcción, utilizará automatización avanzada de equipos mineros para optimizar el rendimiento y la extracción de metales. AABB tiene derechos exclusivos para comprar una pila de mineral de 4 millones de toneladas, que se estima contiene más de 1 mil millones de dólares en valor de oro y plata. La instalación está inicialmente planificada para una capacidad de 200 toneladas por día (tpd), con un ingreso potencial de 11 millones de dólares anuales. AABB tiene como objetivo expandir la capacidad a 1,000 tpd una vez que las operaciones iniciales estén establecidas.
아시아 브로드밴드 주식회사(OTC: AABB)는 멕시코 에차틀란에 위치한 자사의 현장 광물 분석 실험실에서 고도 금속 결과를 발표했습니다. 이 실험실은 최신 데이터와 기술 보고서를 사용하여 회사의 새로운 가공 시설을 위한 광석 재고를 시험하고 있습니다. 이 효율적인 테스트 과정은 생산 목표 확인 속도를 높여 비용을 줄이고 잠재 수익을 극대화합니다.
현재 건설 중인 새로운 가공 공장은 고급 채굴 장비 자동화를 통해 처리량과 금속 추출을 최적화할 예정입니다. AABB는 4백만 톤의 광석 재고를 구매할 수 있는 독점 권리를 보유하고 있으며, 이는 10억 달러 이상의 금 및 은 가치를 포함할 것으로 추정됩니다. 이 시설은 초기적으로 하루 200톤(tpd) 용량으로 계획되어 있으며, 연간 1100만 달러의 잠재적 수익을 가져올 것으로 기대됩니다. AABB는 초기 운영이 확립되면 1000 tpd로 용량을 확장할 계획입니다.
Asia Broadband Inc. (OTC: AABB) a annoncé des résultats de haute qualité provenant de son laboratoire d'analyse minérale sur site à Etzatlan, au Mexique. Le laboratoire teste les stocks de minerai pour la nouvelle installation de traitement de l'entreprise, en utilisant des données récentes et un rapport technique pour identifier des cibles de forte concentration minérale. Ce processus de test efficace accélère l'identification des objectifs de production, réduisant les coûts et maximisant les revenus potentiels.
La nouvelle usine de traitement, actuellement en construction, utilisera une automatisation avancée des équipements miniers pour optimiser le débit et l'extraction des métaux. AABB a des droits exclusifs d'achat d'un stock de minerai de 4 millions de tonnes, estimé contenir plus de 1 milliard de dollars de valeur en or et en argent. L'installation est initialement prévue pour une capacité de 200 tonnes par jour (tpd), avec un revenu potentiel de 11 millions de dollars par an. AABB envisage d'augmenter la capacité à 1 000 tpd une fois que les opérations initiales seront établies.
Asia Broadband Inc. (OTC: AABB) hat hochwertige Ergebnisse aus seinem vor Ort befindlichen Mineralanalyselabor in Etzatlan, Mexiko, bekannt gegeben. Das Labor testet Erzlagerbestände für die neue Verarbeitungsanlage des Unternehmens unter Verwendung aktueller Daten und eines technischen Berichts, um Ziele mit hoher Mineralienkonzentration zu identifizieren. Dieser effiziente Testprozess beschleunigt die Identifizierung von Produktionszielen, senkt Kosten und maximiert potenzielle Einnahmen.
Die neue Verarbeitungsanlage, die sich derzeit im Bau befindet, wird fortschrittliche Automatisierung von Bergbaumaschinen nutzen, um den Durchsatz und die Metallextraktion zu optimieren. AABB hat das ausschließliche Recht, einen Erzlagerbestand von 4 Millionen Tonnen zu kaufen, der voraussichtlich über 1 Milliarde Dollar an Gold- und Silberwert verfügt. Die Anlage ist zunächst für eine Kapazität von 200 Tonnen pro Tag (tpd) geplant, mit potenziellen Einnahmen von 11 Millionen Dollar jährlich. AABB plant, die Kapazität auf 1000 tpd zu erweitern, sobald die ersten Betriebseinstellungen etabliert sind.
- On-site mineral analysis lab confirms high-grade results in ore stockpile testing
- New processing facility utilizes advanced automation for maximized throughput and extraction
- Exclusive rights to purchase 4 million ton ore stockpile with estimated $1 billion in gold and silver value
- Initial 200 tpd processing capacity estimated to generate over $11 million in annual revenue
- Plans to expand processing capacity to 1,000 tpd after initial operations are established
- New processing facility construction requires $3 million investment
LAS VEGAS, Aug. 21, 2024 (GLOBE NEWSWIRE) -- Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce that the Company’s on-site mineral analysis laboratory has confirmed high-grade results in the targeted ore stockpile testing campaign on the new processing facility site in Etzatlan, Mexico. The testing campaign is utilizing recently gathered data and the stockpile evaluation technical report to extrapolate the highest mineral concentration targets for evaluation and confirmation for prioritized processing. The on-site analysis lab is an efficiency tool that expedites the production target identification process with rapid test results and extensive testing capacity. The lab and testing program accelerates the new processing facility operations with reduced costs and maximized plant revenues.
AABB’s new plant is designed and under construction to utilize advanced mining equipment automation and efficiencies to maximize processing throughput and metals extraction and minimize the production costs. Additionally, the new facility will be built with expanded processing capability that will be implemented after the initial production levels have been established.
In December 2022, AABB completed the land purchase for the site of the new processing facility to be constructed with respect to the terms of the historic and long-term processing and production agreement signed previously for a large-scale gold and silver ore stockpile located in Las Jimenez, Etzatlan, Jalisco, Mexico. The agreement allows the Company exclusivity to purchase the 4 million ton ore stockpile at an economically feasible price point. An evaluation report has estimated the stockpile to represent over
The 4.94 hectare processing plant land parcel, that includes a water concession, is located approximately 5.8 miles from the ore stockpile in Etzatlan, Mexico, and 48 miles from the AABB Buenavista mining warehouse. The new facility build-out is budgeted for a
“The high-grade testing results completed by our technical team continues to validate our stockpile resource value and is creating prioritized target zones for production. With our own mineral testing lab on the facility site, we can identify the highest mineral concentration priority targets in a very short period of time instead of having to rely on outside mineral analysis services. The lab gives us a significant efficiency and quality advantage with our processing to achieve the greatest value throughput to maximize revenues,” explained 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.
FAQ
What are the results of AABB's on-site mineral analysis lab in Etzatlan, Mexico?
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What are AABB's expansion plans for the new processing facility?
