- Earthworks completed on priority drill targets at Star Range
- Drilling to test multiple polymetallic targets beneath high-grade surface results
- Reconnaissance work initiated across unpatented claims at Horn Silver
- Advancing finalisation of maiden drill program at Horn Silver
Diablo Resources (ASX: DBO) is accelerating exploration activities across its Utah critical minerals assets at Star Range and the recent Horn Silver project acquisition.
Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more.
At Star Range earthworks have been completed at the North Star prospect in preparation for an upcoming diamond drill program.
The initial drill program will comprise five diamond drill holes for approximately 1,000m of drilling. These holes are designed to evaluate the subsurface scale, continuity and geometry of the mineralised breccia-vein system at depth where surface sampling has returned high-grade silver of up to 3,043 grams per tonne (g/t) and antimony of up to 0.7%.
At the historic Horn Silver project, reconnaissance work has commenced across the unpatented claims, with field teams undertaking geological mapping, regional sampling and validation of historical workings.
The company has acquired an 80% interest in 101 unpatented lode claims and holds an exclusive option to acquire 101 patented claims forming the Horn Silver tenure package.
CEO, Lyle Thorne, said this enables the company to advance early-stage fieldwork within the unpatented claims while progressing the option exercise on the patented claims, which remains on schedule for completion in September.
Horn Silver hosts multiple historical workings, including the Horn Silver mine, where approximately 17 million ounces of silver at an average grade of 604 g/t were extracted between the late 1800s and the 1950s.
“The completion of earthworks at Star Range and the progress made at Horn Silver mark important steps in advancing our district-scale critical minerals strategy in Utah,” Mr Thorne said.
“We now have drill-ready access at Star Range and a clear pathway to define our maiden drill program at Horn Silver as initial reconnaissance and data integration continue.
“With both projects moving forward in parallel, the company is well positioned to begin testing high-priority targets across two highly prospective mineralised system in coming months.”
The initial exploration phase at Horn Silver is designed to refine structural interpretations, confirm the distribution of mineralised zones and support systematic target ranking.
Early observations continue to reinforce the presence of widespread polymetallic mineralisation across multiple structural corridors, consistent with a district-scale carbonate-replacement system.
In parallel, the company is continuing to review the extensive historical datasets to rank both near-mine extensions and regional prospects targets for the planned upcoming maiden drill program.
DBO was steady at 1.8¢ with a Mkt cap of $9.091M prior to markets opening.
Join the discussion: See what HotCopper users are saying about Diablo Resources and be part of the conversations that move the markets.
The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.
-1200x645-800x430.jpg)