Welcome to HotCopper’s latest Watchlist, where we’ve been joined by Diablo Resources (ASX:DBO) CEO Lyle Thorne to talk about the company’s major new acquisition – the historic, high-grade Horn Silver Project in Utah, which boasts both immediate drill targets and district-scale exploration upside.
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Speaking to HotCopper in Week 19, Mr Thorne called the acquisition “very exciting” and said it would be a winner for anyone who loves the Old West.
“Horn Silver mine has one of the most colourful and significant histories of any silver mine in the U.S.,” he explained. “It was discovered in the mid-1870s and quickly became known as one of the richest silver deposits of its time. The operation grew so rapidly that the town nearby transformed overnight.”
Mineralisation remains open at depth and along strike with multiple drill-ready targets, Mr Thorne pointed out, and shallow high-grade Au-Ag mineralisation has already been confirmed outside the historic workings.
You can watch the full DBO Watchlist interview in the browser above.
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Disclaimer: This article is disseminated in partnership with Diablo Resources Ltd. It is intended to inform investors and should not be taken as financial advice.
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