Asia Broadband Gold and Silver Production Upward Trend Continues In Second Quarter, As Its Ore Stockpile Processing Plant’s Second Phase Installation Advances Towards Completion
LAS VEGAS, Aug. 21, 2025 (GLOBE NEWSWIRE) -- Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce that the results for the 2nd quarter ending June 30, 2025, were published recently confirming the Company has exceeded its production and gross profit levels achieved in the 1st quarter. Higher grade recoveries and increased daily throughput levels with the economies of scale reducing costs contributed to the growth in bottom-line gross profit for each of the last two quarters. The upward trend in operational enhancements began over a year ago and will now be combined with the expansions at the Company’s new processing plant that opened in the second quarter of this year. Operating throughput and recover levels are expected to rise significantly as the new plant continues to ramped-up its daily processing and advance the equipment installation and integration of the Phase II plant facilities.
The elevated operational strategies and efficiencies of the AABB mining team continued in the 2nd quarter to set the foundation for the higher production levels following the opening of initial operations of the Company’s new processing plant in Etzatlan, Mexico. The plant’s expanding capacity will be primarily dedicated to processing the estimated $1 billion dollar gold and silver ore value of the Company’s exclusive rights surface stockpile, along with ore from AABB’s other property locations.
“Our operations team has continued to elevate our production processes every quarter and we are eagerly awaiting to extend this expertise to our massive ore stockpile processing as the new plant expands production capacity and increases recoveries. We believe this will take us to a much higher level than we have ever reached before,” stated Chris Torres, the Company President and CEO.
AABB continues to implement its mining assets expansion strategy to optimize development capital utilization by focusing operations in regions of Mexico where AABB has a comparative advantage of development resources and expertise readily available for rapid expansion and duplication of the Company’s previous gold production success.
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.
