LAS VEGAS, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce that the Company has finalized the terms of another historic and long-term processing and production agreement for a large-scale gold and silver ore stockpile in Etzatlan, Jalisco, Mexico. The estimated gold and silver ore value of this second stockpile agreement exceeds the value of the Company’s first stockpile agreement completed in December 2022. AABB management is thrilled to re ...

Core Insights - Asia Broadband Inc. (AABB) has successfully completed a week of shareholder tours at its new gold and silver ore processing facility in Etzatlan, Mexico, showcasing its operations and engaging with shareholders [3][4][7] Company Operations - The new processing plant is designed to maximize processing throughput and metals extraction while minimizing production costs through advanced mining equipment automation [5] - The facility includes an on-site lab and testing program that enhances operational efficiency and revenue generation [5] Production Capacity and Financial Projections - The first production line, utilizing a mineral flotation process, aims for an initial target of 350 tons per day, increasing to 500 tons per day after three months, with an average production cost of $56.75 USD per ton [6] - Estimated net revenue for the first three months of operations is projected at $2,170,610 USD, with a total of $11,473,227 USD expected in the first year [6] - A second production line using a cyanidation process is expected to begin operations in September 2025, with initial production targets of 200 tons per day, increasing to 500 tons per day, and projected net revenues of $2,554,367 USD in the first four months and $15,326,203 USD in the first year [6] Shareholder Engagement - The company plans to host additional tours to accommodate shareholders who expressed interest but could not attend the initial events [4] - AABB gifted commemorative silver coins made from on-site processed silver to the largest shareholders attending the tours, promoting transparency and encouraging large shareholders to disclose their positions [3][4] Company Overview - Asia Broadband Inc. focuses on precious metals production and physical gold holdings, leveraging its geographic expertise and industry contacts to expand its operations in Mexico [8] - The company also has a digital assets segment, including a gold-backed cryptocurrency and NFT collections, aiming to establish a stable and trusted standard of exchange [8]