Diablo Resources Reports Promising Copper Discoveries at Phoenix Project

Diablo Resources Limited ( (AU:DBO) ) has issued an announcement.

Diablo Resources Ltd has announced promising initial results from its exploration activities at the Phoenix Copper Project, located near the Utah/Colorado border. The project, which is situated along strike from the Lisbon Valley Copper Mine, has shown significant copper mineralization through various sampling methods, with rock chips yielding up to 42.6% copper. The ongoing exploration efforts, including soil geochemistry and geological mapping, aim to identify multiple drill targets for testing in 2025. These developments could enhance Diablo’s positioning in the copper mining industry and potentially offer substantial benefits to stakeholders as copper prices continue to rise.

More about Diablo Resources Limited

Diablo Resources Ltd is a company operating in the mining industry, focusing on the exploration and development of copper resources. The company is engaged in the Phoenix Copper Project, which is strategically located in the prolific Lisbon Valley Mining District in the southwestern USA, near the Utah/Colorado border. This project aims to exploit sediment-hosted copper mineralization in a region known for significant copper production.

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