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Diablo Resources Limited ( (AU:DBO) ) has provided an announcement.
Diablo Resources Limited has commenced drilling at its high-priority Fair Dinkum Prospect within the Phoenix Copper Project in Utah, USA. This marks a significant step in advancing its U.S. critical minerals strategy, especially as copper has been added to the U.S. Critical Minerals List. The drilling aims to explore copper targets that have shown promising early results, with potential for a multi-kilometre mineralized system. The company is also continuing exploration at its Star Range Silver-Antimony Project, positioning itself to benefit from increased U.S. policy and investment in domestic critical minerals production.
More about Diablo Resources Limited
Diablo Resources Limited is a company operating in the mining industry, focusing on the exploration and development of critical minerals. The company is primarily engaged in copper exploration, with additional interests in silver and antimony projects. Diablo Resources is strategically focused on advancing its projects in the United States, particularly within the Lisbon Valley Copper District, to capitalize on the growing demand for domestic critical minerals.
Average Trading Volume: 3,814,688
Technical Sentiment Signal: Sell
Current Market Cap: A$5.9M
For a thorough assessment of DBO stock, go to TipRanks’ Stock Analysis page.