Asia Broadband Inc. (AABB) is executing its strategic initiative to expand its physical gold holdings through the acquisition of high-potential production assets in Mexico. A cornerstone of this strategy is the La Paz Gold Mine Project.

Acquisition and Confirmation

AABB demonstrated its commitment to the project by signing a definitive purchase agreement to acquire a 100% interest in the La Paz Gold Mine Project. The company finalized terms for the 184-hectare La Paz concession (#236301), located in the municipality of Etzatlan in Jalisco, Mexico, for a total purchase price of $700,000. The company is actively negotiating for additional mining concessions in the surrounding area.

Following the acquisition, AABB secured the official registration for the property. Early in 2024, the property title concession was officially confirmed in the Mexican Mining Registry, successfully navigating administrative backlogs.

Development and Production

The La Paz project has been consistently recognized as a key strategic asset. While the development and drilling program was briefly paused in late 2023 to strategically redirect equipment, the work quickly resumed.

• Mid-2024 saw the launch of Phase II of the drilling program. The Company’s mining group reported being “elated with the many signs revealed so far of high gold mineralization,” validating the potential of the concession.
• By June 2025, the La Paz mine moved into an active mining phase, contributing to AABB’s growing production output.

Strategic Location

The La Paz mine’s location is a significant operational advantage, as it is situated approximately 8 miles from AABB’s new Etzatlan processing plant. This proximity allows for optimized logistics and reduced production costs, making the La Paz project a high-yield asset perfectly integrated into the company’s regional production hub. This strategic alignment will further facilitate the growth of AABB’s operations and profitability, reinforcing the company’s goal of significantly increasing its physical gold reserves.