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Diablo Resources Limited ( (AU:DBO) ) has issued an announcement.
Diablo Resources has confirmed high-grade silver and antimony mineralisation at its Star Range Project in Utah, with reconnaissance sampling returning silver grades up to 534 grams per tonne and further copper and gold values across multiple prospects. The latest results extend mineralised trends, validate the company’s exploration model and support the imminent start of a maiden drilling program in the current quarter, reinforcing Star Range’s status as a highly prospective critical minerals system and underlining Diablo’s ambitions to strengthen its position in the U.S. critical minerals sector.
Additional rock and soil sampling has defined a coherent copper anomaly at the North Star Prospect and expanded the project footprint through promising gold assays on the recently acquired Utah TLA lease. By aggressively advancing priority targets and reviewing further U.S. critical mineral opportunities, Diablo is seeking to leverage its in-country expertise to build scale in a key jurisdiction, with the Star Range results bolstering confidence among stakeholders in the project’s potential significance.
More about Diablo Resources Limited
Diablo Resources Limited is an Australian-listed explorer focused on critical minerals, primarily targeting silver, antimony and copper deposits in southwestern Utah, U.S. The company is advancing its Star Range Project in a Tier-1 mining jurisdiction, aiming to define high-grade mineral systems that can support future drilling and potential development.
Average Trading Volume: 654,108
Technical Sentiment Signal: Sell
Current Market Cap: A$4.01M
For a thorough assessment of DBO stock, go to TipRanks’ Stock Analysis page.

