Asia Broadband Corporate Update 2025 – Happy New Year
ASIA BROADBAND INC (AABB)
NASDAQ:AMEX Investor Relations:
asiabroadbandinc.com/investor.html
Company Research
Source: GlobeNewswire
LAS VEGAS, Jan. 08, 2025 (GLOBE NEWSWIRE) -- Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce the following corporate update for the Company: Mining Operations Update Etzatlan Plant:Our engineering team is expecting to have the processing plant operating by mid-March 2025. We have encountered many delays with the delivery of equipment from one of our key suppliers in China, specifically Henan Mecru Heavy Industry Co. Ltd. Additionally, severe weather and permitting issues has set our projected start date timeline back over 12 months. However, our on-site assay laboratory is fully functional and has been operating for many months now. Numerous samples from taken from our Stockpile and nearby concessions have been analyzed with very positive results. 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 mon
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