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Asia Broadband - AABB STOCK NEWS

Welcome to our dedicated page for Asia Broadband news (Ticker: AABB), a resource for investors and traders seeking the latest updates and insights on Asia Broadband stock.

Asia Broadband Inc. (AABB) bridges traditional precious metals production with blockchain-based financial solutions through its dual mining and digital asset operations. This news hub provides investors and market observers with timely updates on the company’s strategic developments across both business segments.

Access comprehensive coverage of AABB’s operational milestones, including mineral resource acquisitions in Mexico, processing facility expansions, and advancements in its gold-backed cryptocurrency ecosystem. The curated news collection features press releases regarding production volumes, technology partnerships, and digital wallet enhancements powered by AI-driven analytics.

Key focus areas include updates on the AABBG token’s market performance, mining concession developments, and implementation of blockchain solutions for asset tokenization. Users will find factual reporting on infrastructure investments, mineral assay results, and regulatory compliance achievements that shape the company’s growth trajectory.

Bookmark this page for streamlined access to verified information about AABB’s integrated business model. Check regularly for updates on how the company continues merging physical resource extraction with next-generation digital finance innovations.

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Asia Broadband Inc. (OTC: AABB) reports exceeding production and gross profit levels in Q2 2024 compared to Q1. Gold production more than doubled in Q1 2024 versus Q4 2023, due to higher grade recoveries and increased daily throughput. The company's new processing plant in Etzatlan, Mexico, is under construction to process an estimated $1 billion ore stockpile. AABB continues its mining property acquisition strategy in Mexico, focusing on regions where it has a comparative advantage in development resources and expertise. The company aims to rapidly expand and replicate its previous gold production success.

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Asia Broadband (AABB) announced it will receive an expanded certified geological technical report for its Bonanza Gold Mine Project in Q3 2024. The report will guide and broaden exploration and development activities at the site in Acaponeta, Nayarit, Mexico. Initial estimates value gold and silver deposits at over $10 million. High-grade gold assay results exceed 10 grams per ton. The project is expected to offer rapid expansion, high production, low operating costs, and strong gross profit contributions. AABB aims to leverage its expertise for efficient development and increased gold production.

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Asia Broadband (AABB) has initiated Phase II of its drilling program at the La Paz Gold Mine in Etzatlan, Jalisco, Mexico. This follows the successful completion of Phase I, which drilled 1,088 meters. The company is analyzing mineralization to optimize further drilling. Phase II aims to enhance gold production and bolster AABB's gold holdings. AABB's Q1 2024 results showed a doubling of gold production from Q4 2023, leading to higher gross profits due to better recovery rates, increased throughput, and lower costs. Early indicators suggest continued revenue growth into Q2 2024. The La Paz project is key to AABB's strategic asset portfolio and expansion plans in Mexico.

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Asia Broadband (OTC: AABB) will launch its 3rd edition NFT collection, Golden Baboons Bitcoin Ordinals, on June 28, 2024. This collection of 888 NFTs, each costing .000888 BTC to mint, will be backed by a half gram of gold. The NFTs will be available on the Bitcoin blockchain, expanding the company's existing presence on Ethereum and Solana. The initiative aims to broaden market appeal and increase awareness in the NFT space. CEO Chris Torres highlighted the company's strategy of branding on multiple chains and offering collaborative game and prize nights backed by gold.

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Asia Broadband (OTC: AABB) and KYN Capital Group (OTC: KYNC) have signed a joint venture agreement to develop and market a next-generation AABB Wallet. This digital wallet is designed for cryptocurrency transactions and will integrate KYNC's platform alliances to enhance functionality and reach mass markets. Both companies will launch a broad marketing campaign to expand brand awareness. The wallet will be available on major platforms such as Google Play Store and iOS. The collaboration aims to leverage the strengths of both companies to deliver a comprehensive, secure, and efficient financial tool.

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Asia Broadband Inc. (AABB) reports a record quarterly gold production revenue of $1.4 million from the Tequila Gold Mine Project in Mexico, with a doubling of production compared to the previous quarter. The construction of a new processing plant in Etzatlan is progressing well to process the estimated $1 billion ore value stockpile, showing promising production levels for the upcoming quarters.
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Asia Broadband Inc. (AABB) reports a significant increase in gold production in the 1st quarter of 2024, doubling compared to the previous quarter. The company attributes this growth to higher grade recoveries, increased daily throughput levels, and economies of scale. The enhanced operational strategies have led to reduced production costs and higher gross profits. AABB is constructing a new processing plant in Mexico to handle its $1 billion ore stockpile, with an update expected soon.
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Asia Broadband Inc. (AABB) has initiated its Phase I drill program on the Picachos IV property in Mexico, aiming to expand its gold production. The strategic acquisition is expected to enhance AABB's physical gold holdings and profitability.
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Asia Broadband Inc. (AABB) introduces a new Non-Fungible Token (NFT) collection, the Golden Rascals, on the Solana blockchain. The collection includes 8,888 gold-backed NFTs, with each digital asset backed by a specific amount of gold. The NFTs offer holders access to entertainment and educational utilities, aiming to create an interactive social club. The launch signifies the Company's expansion into multi-chain status, following the success of their previous project, the Golden Baboons Mining Club on the Ethereum blockchain.
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Asia Broadband Inc. (AABB) acquires a high potential property in Mexico, expanding its gold production and holdings. The Company purchased the 4,081 hectare Picachos IV concession for $1,000,000, aiming for rapid development and production.
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75.61M
3.39B
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