Asia Broadband Announces Record Q3 2026 Gold & Silver Production Revenues of $9.3 Million with Year-to-Date Totals Now Reaching $24.2 Million
The recently acquired Etzatlán-area underground mine is expected to supply additional high-grade mineralized materials for processing.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Asia Broadband (AABB) reported record gold and silver production revenues of approximately $9.3 million for the third quarter of 2026. Revenues rose approximately 6.9% from the previous quarterly record of $8.7 million in Q2 2026. Production revenues for the first nine months reached approximately $24.2 million, compared with $12.7 million for all of 2025.
The company remains focused on its previously disclosed objective of more than $30 million in production revenues for 2026. It expanded processing and production capacity at Etzatlán, Mexico, throughout 2026. Remaining-year priorities include optimizing the plant, advancing its recently acquired underground mine, developing the Picachos IV exploration program and exploring production expansion opportunities. Timothy Gomez became CEO and Fernando Ramirez became CFO, effective October 2, 2026.
How this balance works
Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.
It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.
Rhea-AI Sentiment measures something else, the tone of the wording.
Hollow bars mark forward-looking points. How the balance works
Positive
- Moderate pointQ3 2026 production revenues reached approximately $9.3 million, up approximately 6.9% from Q2's $8.7 million record.
- Moderate pointNine-month 2026 production revenues reached approximately $24.2 million, versus $12.7 million for all of 2025.
- Moderate point. Forward-looking: it has not happened yet and may not happen.2026 production revenue objective remains in excess of $30 million.
- Minor pointEtzatlán processing and production capacity expanded throughout 2026, contributing to consecutive quarterly revenue increases.
- Minor point. Forward-looking: it has not happened yet and may not happen.Recently acquired underground mine near Etzatlán is expected to contribute additional high-grade mineralized materials.
4 minor points
- Minor point. Forward-looking: it has not happened yet and may not happen.Etzatlán plant optimization remains a company priority for the rest of 2026.
- Minor point. Forward-looking: it has not happened yet and may not happen.Underground mine advancement remains a company priority for the rest of 2026.
- Minor point. Forward-looking: it has not happened yet and may not happen.Picachos IV exploration program development remains a company priority for the rest of 2026.
- Minor point. Forward-looking: it has not happened yet and may not happen.Production-base expansion opportunities remain under exploration as a company priority for the rest of 2026.
Negative
- None.
AI-generated analysis. How Rhea-AI works. Not financial advice.
LAS VEGAS, Oct. 15, 2026 (GLOBE NEWSWIRE) -- Asia Broadband Inc. (OTC: AABB) ("AABB" or the "Company") is pleased to announce that gold and silver production revenues reached a new quarterly record of approximately
Third quarter results represent an increase of approximately
Following the third quarter results, AABB has now generated approximately
Growing Production at Etzatlán
The Company's expanding operations for the processing of gold and silver in Etzatlán, Jalisco, Mexico, remain an integral part of the production growth strategy implemented by AABB.
Throughout 2026, the Company has significantly expanded the processing and production capacity at its Etzatlán facility, which resulted in consecutive increases in quarterly revenues and laid a solid foundation for continued growth.
Management continues to focus on improving processing efficiency, achieving higher recoveries and incorporating additional sources of mineralized materials into the production capacity of the Company. Recently acquired underground gold and silver mine in the Etzatlán area is expected to contribute additional high-grade mineralized materials for processing and production purposes.
New Management Team with Focus on Driving Growth
The third quarter record production results follow the recent executive leadership change within the Company, which brought Timothy Gomez on board as the Company's CEO and Fernando Ramirez as CFO, effective October 2, 2026. The new management team intends to build on the success achieved under the leadership of previous management while placing more emphasis on production efficiency, financial management and prudent growth.
Timothy Gomez, Chief Executive Officer of Asia Broadband Inc., stated:
"Having achieved another record quarter and exceeding
"As we continue under the new management, our goal is to build on our achievements, improve operational efficiency and develop the mining properties and production initiatives capable of generating sustainable growth. I believe our Company has entered an exciting new stage of its development, and we look forward to achieving further operational milestones going forward."
Outlook for the Rest of 2026
Following the achievement of cumulative production revenues in the amount of approximately
The main priorities for the rest of 2026 include further optimization of operations at the Etzatlán processing plant, advancing the recently acquired underground mine, developing its Picachos IV exploration program and exploring opportunities to expand its precious metals production base.
Management believes that the above initiatives provide a solid foundation for further operational growth as the Company moves into 2027. AABB will continue to update shareholders regarding all significant operating and corporate milestones achieved.
About Asia Broadband
Asia Broadband Inc. (OTC: AABB) is a resource company focused on the production of precious metals and the accumulation of physical gold and silver holdings. The Company utilizes its specific geographic expertise, experience and extensive industry contacts to facilitate the expansion of precious metals property holdings and production in Mexico. The Company's industry and business integration in Mexico and its asset diversification are unique strengths of AABB that differentiate it from other companies and creates distinctive value for shareholders. Additionally, the Company has a digital assets business segment with its AABBG and AABBS mine-to-token gold and silver-backed cryptocurrencies within its own proprietary GoldAxis Wallet and the unique Golden Baboons Mining Club and Shorts Rascal Club Non-Fungible Token (NFT) collections. AABB expects its token to become a world-wide standard of exchange that is stable, secured and trusted with gold backing, while having the added benefit of demand based price appreciation. These are unique and outstanding qualities relative to other cryptocurrencies and digital asset developers.
Contact the Company at:
| General Email: | ir@asiabroadbandinc.com |
| Token Support: | support@aabbgmine2token.com |
| Company Websites: | www.asiabroadbandinc.com www.aabbgmine2token.com www.goldenbaboons.com |
| Phone: | 702-744-4785 |
Forward-Looking Statements are contained in this press release within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the Asia Broadband Inc.’s (the “Company”) expected current beliefs about the Company’s business, which are subject to uncertainty and change. The operations and results of the Company could materially differ from what is expressed or implied by the statements made above when industry, regulatory, market and competitive circumstances change. Further information about these risks can be found in the annual and quarterly disclosures the Company has published on the OTC Markets website. The Company is under no obligation to update or alter its forward-looking statements as future circumstances, events and information may change.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How much gold and silver production revenue did Asia Broadband report for Q3 2026?
Asia Broadband reported approximately $9.3 million in gold and silver production revenues for the quarter ended September 30, 2026. This was a quarterly record, approximately 6.9% above the previous record of $8.7 million in Q2 2026.
What is Asia Broadband's gold and silver production revenue target for 2026?
Asia Broadband remains focused on its previously disclosed objective of production revenues in excess of $30 million for 2026. Production revenues reached approximately $24.2 million through September 30, 2026; the full-year objective remains a target rather than an achieved result.
How does Asia Broadband expect its recently acquired Etzatlán mine to support production?
Asia Broadband expects the recently acquired underground gold and silver mine in the Etzatlán area to contribute additional high-grade mineralized materials for processing and production. That contribution is expected, not reported as completed.