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Asia Broadband Inc. reports company developments across precious-metals mining, mineral processing and digital assets linked to physical bullion. News for AABB centers on its gold and silver operations in Mexico, including the Etzatlan processing facility, mining-asset expansion planning, production-line repairs, and the integration of reduced graphene oxide technology for gold recovery.
The company also announces product and platform updates tied to its precious-metal-backed digital asset strategy. Recurring topics include the GoldAxis wallet, the AABBG gold-backed token, the AABBS silver-backed token, multichain wallet functionality, physical bullion backing, and corporate updates on mining and cryptocurrency projects.
Asia Broadband (AABB) has closed the USD $5.5 million acquisition of the La Vencedora high-grade underground gold and silver mining concession in the Etzatlán region of Jalisco, Mexico, securing 100% ownership of the 1,200-hectare property.
The purchase terms call for 50% of the price to be paid in cash immediately, with the balance in installments, and no AABB common shares will be issued, avoiding shareholder dilution. La Vencedora lies about 18 kilometers from AABB’s existing Etzatlán processing facility and has roughly 1.3 kilometers of underground development on multiple levels, which is expected to lower initial development costs versus a new greenfield mine. Based on its internal plan, the company expects to feed approximately 150–200 tons per day of underground material to the Etzatlán plant, and targets starting extraction and first processing of La Vencedora material in Q4 2026, subject to mine development and operational factors.
Asia Broadband (AABB) reports that third-quarter 2026 gold and silver production and revenues are on track to exceed the record levels achieved in the second quarter ended June 30, 2026.
The company reported Q2 2026 gold and silver production revenues of $8.7 million, contributing to total production revenues of $14.9 million for the first half of 2026, which already surpassed full-year 2025 production revenues of $12.7 million. Etzatlan plant processing doubled to over 600 tons per day, generating about $1.6 million per month and $4.8 million in Q2 production. Based on this trend, the company projects 2026 gross production revenues to exceed $30 million.
Asia Broadband (AABB) issued an end-of-summer 2026 update reporting record Q2 production revenue of approximately $14.9 million, already exceeding its total 2025 production revenue. Management projects about $30 million in 2026 production revenue, reflecting rapid growth in the company’s precious metals operations.
AABB advanced its 15,000-meter Phase 2 drilling at Picachos IV, completing about 3,800 meters (38 holes) with high-grade intersections, including 9.04 g/t gold over 16.0m and 12.32 g/t over 8.0m. The company finalized a definitive long-term processing agreement for the La Calabasa gold-silver stockpile, whose estimated ore value is expected to exceed $1 billion. AABB also progressed commercialization of its proprietary rGO recovery technology, initiated a transition to next-generation infrastructure and off-ramp capabilities for its GoldAxis digital asset platform, and deployed about $11.8 million (over 98%) of its authorized $12 million share repurchase program.
Asia Broadband (OTC:AABB) has begun transitioning its GoldAxis Wallet to a new technology and service provider following operational, reliability and Phase 2 development delays that did not meet its security and service standards. The company strongly recommends that all GoldAxis Wallet users promptly transfer their AABBG, AABBS, ALGO, BTC, ETH and other supported assets to independent, compatible self-custody wallets until the new infrastructure is available.
Asia Broadband is evaluating new providers with a focus on cybersecurity, infrastructure reliability, system availability, incident response, technical support and defined service levels, and will issue further migration and security instructions only through official Asia Broadband and GoldAxis channels.
Asia Broadband (OTC:AABB) announced that it has filed a voluntary notice of dismissal without prejudice of its civil action in the U.S. District Court for the Central District of California. This procedural move enables legal counsel to analyze additional trading data collected during the initial pleading phase and reassess the scope of any future legal actions.
According to the company, the dismissal preserves its legal rights to initiate related proceedings while it optimizes its overall legal strategy. AABB also stated that it continues executing its operational plans, including expanding precious metals production in Mexico and advancing its gold- and silver-backed digital asset ecosystem.
Asia Broadband (OTC:AABB) reported $8.7 million in gold and silver production revenues for Q2 2026, bringing first-half 2026 production revenues to $14.9 million, already above full-year 2025 production revenues of $12.7 million.
The Etzatlan plant’s processing rate doubled to over 600 tons per day, generating about $4.8 million in Q2 production. According to Asia Broadband, the company now projects 2026 gross production revenues to exceed $30 million and has increased its gold and silver bullion holdings to a $48.5 million book value.
Asia Broadband (OTC:AABB) reports that its financial results for the second quarter ended June 30, 2026 are being finalized and are expected to be published next week. The company says these results will confirm its ongoing upward trend in production and gross profit during 2026.
Asia Broadband focuses on precious metals production and physical gold and silver holdings in Mexico and also operates a digital assets segment offering gold- and silver-backed cryptocurrencies and NFT collections.
Asia Broadband (OTC:AABB) announced a licensing agreement for an AI-assisted exploration and mine optimization technology platform supporting its planned 15,000-meter Phase 2 drill program at the Picachos IV gold property in Jalisco, Mexico.
The agreement includes customization options and a future intellectual property buyout option, aligning with AABB’s technology-driven mining and rGO processing strategy across its Mexican gold and silver assets.
Asia Broadband (OTC:AABB) signed a non-binding LOI to acquire a high-grade underground gold and silver mining concession in Etzatlán, Jalisco, Mexico for $5.5 million. The property lies near AABB’s Etzatlán processing plant and features historical drill results of 9–12 GPT gold and 350–400 GPT silver. The company targets definitive agreement and closing in the third quarter, with mine planning, extraction and processing activities expected to start in the fourth quarter of 2026, subject to due diligence, title verification and regulatory approvals.
Asia Broadband (OTC:AABB) opened a new office in Guadalajara, Jalisco, Mexico to support its Etzatlán gold and silver processing plant and broader Mexican operations. The regional center will coordinate management, plant operations, suppliers, technical services, administration, and logistics as the company advances its precious metals growth initiatives.