Asia Broadband Inc. reports company developments across precious-metals mining, mineral processing and digital assets linked to physical bullion. News for AABB centers on its gold and silver operations in Mexico, including the Etzatlan processing facility, mining-asset expansion planning, production-line repairs, and the integration of reduced graphene oxide technology for gold recovery.
The company also announces product and platform updates tied to its precious-metal-backed digital asset strategy. Recurring topics include the GoldAxis wallet, the AABBG gold-backed token, the AABBS silver-backed token, multichain wallet functionality, physical bullion backing, and corporate updates on mining and cryptocurrency projects.
Asia Broadband (OTC:AABB) has received a significant delivery of additional production line processing equipment from Mecru Heavy Industry Technology Co. Ltd. in China for its newly opened facility in Etzatlan, Mexico. The delivery consists of 6 containers of equipment, with the remaining 4 containers expected to arrive in early August 2025.
This equipment is designated for the company's Phase 2 second line of production processing operations, which is planned for installation and integration later in 2025. The facility, which opened in April 2025, will see enhanced processing capabilities once the Phase 2 line is operational.
Asia Broadband (OTC: AABB) has launched a new legal action program targeting specific market makers on OTC Markets suspected of price manipulation. The company is adopting an alternative approach to gather historical trade and position data to strengthen their legal case. This initiative comes in response to numerous shareholder complaints alleging that AABB's share price has been artificially suppressed through deceptive trading practices by certain market makers. The company aims to eliminate price manipulation and ensure fair market price determination for its shares.
Asia Broadband has signed a Letter of Intent to sell its Bonanza mineral property in Acaponeta, Nayarit, Mexico. The company expects to finalize and announce the sale next week, with proceeds aimed at strengthening its financial position.
The strategic move allows AABB to concentrate on high-grade mineral asset investments near their new processing plant in Etzatlan, Jalisco. This regional focus in Mexico provides AABB with a competitive advantage, leveraging local development resources and expertise for rapid expansion.
The decision aligns with AABB's mining property portfolio strategy to optimize development capital utilization, building on their previous gold production success through focused regional operations.
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) has announced a second registration opportunity for non-shareholders and media to tour its gold and silver ore processing facility in Etzatlan, Mexico, beginning May 12th, 2025. The company opened this additional registration to fill remaining available tour seats.
Interested non-shareholders must submit their full name and reason for visit to info@asiabroadbandinc.com. Media representatives need to provide their name, media affiliation, position, and visit purpose. Random selection will conclude on April 16th, with winners notified via email to arrange their travel.
The tour includes helicopter transportation to the facility, requiring approximately 3 hours round trip from Zapopan's Andares area. Participants are advised to arrange flights to Guadalajara airport and accommodation near the departure point.