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Diablo Resources to Commence Drilling at Phoenix Copper Project

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Diablo Resources to Commence Drilling at Phoenix Copper Project

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Diablo Resources Limited ( (AU:DBO) ) has shared an update.

Diablo Resources Ltd has announced the commencement of a drilling program at its Phoenix Copper Project in Utah, USA. The project is strategically located near the Lisbon Valley Copper Mine, and the company has received necessary drilling approvals, highlighting a favorable regulatory environment. The drilling program aims to explore high-grade copper prospects, with results expected in August 2025, potentially enhancing the company’s position in the copper mining sector.

More about Diablo Resources Limited

Diablo Resources Ltd is a company operating in the mining industry, focusing on copper exploration and development. The company is engaged in projects that involve sediment-hosted copper mineralization, with a significant market focus on regions in the USA, particularly Utah.

Average Trading Volume: 408,392

Technical Sentiment Signal: Buy

See more insights into DBO stock on TipRanks’ Stock Analysis page.

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