tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Diablo Resources to Begin Drilling at Phoenix Copper Project

Story Highlights
  • Diablo Resources focuses on copper exploration at its Phoenix Copper Project in Utah.
  • The company begins its first drilling operation at key prospects, aiming to enhance its copper mining position.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Diablo Resources to Begin Drilling at Phoenix Copper Project

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

An update from Diablo Resources Limited ( (AU:DBO) ) is now available.

Diablo Resources Limited is set to commence drilling at its Phoenix Copper Project in Utah, focusing on the Trenton and Philadelphia Copper Prospects. This marks the company’s first drilling operation at these sites, which are strategically located near the Lisbon Valley Copper Mine. The drilling initiative, fully funded by a recent investment round, aims to explore the potential of significant copper mineralization, potentially enhancing Diablo’s position in the copper mining sector.

More about Diablo Resources Limited

Diablo Resources Limited is a company operating in the mining industry, focusing on copper exploration and development. Its primary project is the Phoenix Copper Project in Utah, USA, which targets sediment-hosted copper mineralization.

Average Trading Volume: 653,557

Technical Sentiment Signal: Hold

Learn more about DBO stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1