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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
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.
About this update from Asia Broadband, Inc.
[{"type":"text","content":"\r\n\r\n \r\n \r\n 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\r\n \r\n \r\n\r\n\r\nAsia Broadband Gold and Silver Production Upward Trend Continues In Second Quarter, As Its Ore Stockpile Processing Plant’s Second Phase Installation Advances Towards Completion\r\n\r\n\r\n\r\n\r\n\r\nLAS 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 as...