Mining Assets Expansion

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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
 Globenewswire· 2025-08-21 12:00
 Core Viewpoint - Asia Broadband Inc. has reported strong production and gross profit growth in Q2 2025, surpassing Q1 levels, driven by higher grade recoveries and increased throughput at its new processing plant [1][2].   Group 1: Production and Financial Performance - The company has exceeded production and gross profit levels in Q2 2025 compared to Q1 2025, with operational enhancements contributing to this growth [1]. - The new processing plant in Etzatlan, Mexico, is expected to significantly increase operating throughput and recovery levels as it ramps up daily processing [1][2]. - The estimated value of the gold and silver ore stockpile at the new plant is approximately $1 billion, which will be a primary focus for processing [2].   Group 2: Operational Strategies - The mining team has implemented elevated operational strategies and efficiencies, laying the groundwork for higher production levels following the new plant's initial operations [2]. - The company is focused on optimizing development capital utilization by concentrating operations in regions of Mexico where it has a comparative advantage [4].   Group 3: Future Outlook and Expansion - The company anticipates that the expansion of the new processing plant will lead to unprecedented production capacity and recovery levels [3]. - Asia Broadband is committed to expanding its mining assets and leveraging its geographic expertise and industry contacts to enhance precious metals production in Mexico [5].    Group 4: Digital Assets Segment - In addition to its mining operations, the company has a digital assets segment that includes a gold-backed cryptocurrency and NFT collections, aiming to establish a stable and trusted standard of exchange [5].
