Asia Broadband Gold and Silver Production and Gross Profit Upward Trend Continues in the Third Quarter, As Gold and Silver Holdings Appreciated $38 Million Dollars
LAS VEGAS, Nov. 12, 2025 (GLOBE NEWSWIRE) -- Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce that the Company will be reporting this week increased gold and silver production and gross profit for the third quarter period ending September 30th, as gold and silver forecasts remain strong. From AABB’s second quarter results, the mining team achieved a 40% increase in production during the third quarter with added capacity and operational efficiencies. The Company also retained $2 million from its third quarter production to expand AABB’s physical gold and silver holdings.
Additionally, the Company has recently reviewed its substantial gold and silver holdings and their significant appreciation from the initial production values. AABB has been in the process of accumulating gold and silver holdings over the past five years. During this time, the increase in precious metal prices have increased the value the Company’s holdings by approximately $38 million to an estimated market value of $76 million. This increase is greater than 100% or more than double the book value of the gold and silver holdings and represents an unrealized gain to AABB of $38 million. And the Company is committed to its ongoing strategic expansion initiative to increase production and add to AABB’s physical gold and silver holdings on a quarterly basis.
“Despite the challenges of evolving new operations and recent weather issues, our team has continued to elevate our production processes every quarter. Our entire mining group is thrilled to have reached our current production level as we are just in the early stages of a strong upward trajectory of growth for years to come”, stated Chris Torres, the Company 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.
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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.
