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The latest update is out from Diablo Resources Limited ( (AU:DBO) ).
Diablo Resources Limited announced significant progress at its Phoenix Copper Project in the Lisbon Valley Mining District, USA. The company identified six priority targets with potential copper mineralization and reported promising sampling results, including high copper concentrations. The project, consisting of 292 unpatented lode claims, is strategically located near the Lisbon Valley Copper Mine. The company raised $576,800 to advance exploration efforts, highlighting its commitment to enhancing its operations and potential impact on the copper industry.
More about Diablo Resources Limited
Diablo Resources Limited is involved in the exploration and development of mineral resources, focusing on copper and other base metals. The company operates in highly prospective regions globally, with a particular emphasis on projects in the southwestern USA.
YTD Price Performance: -30.0%
Average Trading Volume: 1,351,274
Technical Sentiment Signal: Buy
See more insights into DBO stock on TipRanks’ Stock Analysis page.