Asia Broadband Issues End-of-Summer Corporate Update as Record Growth Builds Momentum for Strong Fall Season
Asia Broadband reported record Q2 production revenue of approximately $14.9 million, exceeding its total production revenue for all of 2025, and management projects roughly $30 million in production revenue for full-year 2026. At Picachos IV, 38 drill holes totaling about 3,800 meters are complete on the 15,000-meter Phase 2 program, with a top intercept of 9.04 g/t gold over 16.0 meters including 12.32 g/t over 8.0 meters; management credits its newly licensed AI-assisted targeting technology for faster drill-targeting.
Key figures
- Revenue
- 14900000
- Guidance
- approximately $30 million in production revenue projected for 2026
- Best intercept
- 9.04 g/t Au over 16.0m, incl. 12.32 g/t Au over 8.0m
- Buyback deployed
- 11800000
- Meters completed
- 3800
- Buyback authorized
- 12000000
- Buyback pct deployed
- >98% as of June 30, 2026
- Drill program meters
- 15000
- Drill holes completed
- 38
- Program completion pct
- 25%
- La calabasa estimated ore value
- >$1 billion
- Projected 2026 production revenue
- 30000000
AI analysis
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