Diablo Resources (ASX: DBO) is uncovering a broader mineralisation story at its Cupric prospect in Utah, where recent sampling has identified copper and gold alongside the prospect’s established tungsten potential. In this Watchlist interview, CEO Lyle Thorne explains what the results could mean for the wider Horn Project, how the company plans to investigate historical underground workings, and the targets that could shape its next phase of exploration.
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HIGHLIGHTS
“
Copper and gold are not historical exploration targets at Cupric, meaning our identification adds a new dimension to the prospect.
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— CEO Lyle Thorne
- Tungsten remains the key target: Recent sampling reinforces Cupric’s potential as a tungsten prospect, with the metal’s strategic importance adding to the opportunity.
- Copper and gold add a new dimension: Initial sampling has identified mineralisation that was not previously a focus of historical exploration at Cupric, opening up additional exploration potential.
- Historical workings offer a head start: Diablo plans to access old underground adits for geological mapping and verification sampling to better understand the mineralised system.
- Building a broader exploration pipeline: Cupric adds to the Horn Project’s emerging polymetallic potential, with copper, gold, silver, antimony and tungsten among the metals being investigated.
- Modern exploration could define the next steps: The underground work is intended to validate Diablo’s geological model and help prioritise targets for potential maiden drilling.
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These results further support our view overall that the Horn project is evolving into an exciting district-scale polymetallic opportunity.
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— CEO Lyle Thorne
DIABLO RESOURCES | ASX: DBO
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