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Diablo uncovers promising new silver and antimony prospects at Star Range

ASX News, Materials
ASX:DBO      MCAP $4.245M
20 April 2026 12:05 (AEST)

Sample site of MFD139 (534 g/t silver, 0.19% antimony and 0.5% copper. Image on right taken from sample site, showing ferrugenised vein breccia.

Diablo Resources (ASX:DBO) has received further high-grade critical minerals results from its expanding Star Range project in southwestern Utah, with additional assay results from reconnaissance rock and soil samples boosting the company’s confidence as it prepares for maiden drilling this quarter.

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CEO, Lyle Thorne, said exploration is aggressively focused on advancing priority targets for future drill programs at the silver and antimony project.

“The company continues to build strong technical momentum across the Star Range project, with multiple datasets converging to reinforce the scale and quality of the mineralised system,” he explained today.

“Reconnaissance rock samples collected across several prospect areas again returned high-grade results, extending known mineralised trends and defining new zones of interest. First pass soil sampling along strike from the North Star Prospect has outlined a coherent copper-in-soil anomaly directly associated with copper-mineralised outcrop hosted in strongly altered intrusive rocks.”

Several new prospect areas have also been identified, with encouraging gold values up to 1.04 grams per tonne (g/t) from outcropping quartz breccia within the recently acquired Utah Trust Lands Administration (TLA) lease.

“Specifically, seeing silver grades as high as 534 g/t silver at South Star and 1.04 g/t gold on our new TLA lease gives us immense confidence as we finalise our drill targets,” Mr Thorne told Diablo shareholders today.

“Collectively, these results continue to strengthen the company’s exploration model and reinforce our belief that the Star Range district is highly prospective.

“Drill planning is advancing, with permitting submissions lodged with the relevant authorities and logistics progressing to support the upcoming maiden drilling program. Confirming a robust silver-antimony-copper system positions Diablo at the forefront of the critical minerals space in a tier-one jurisdiction.”

Sampling completed earlier in CY26 defined a silver–antimony soil anomaly exceeding 1,000m in length, open towards the northeast. Mapping within the soil anomaly located several old workings containing silica-carbonate veins/breccia zones with silver to 231 g/t and 0.1% antimony. Historical soil results from South Star increase the overall length of the prospective trend to more than 2,500m.

Follow-up investigation of the soil anomaly resulted in the location of further historical workings, which were mapped and sampled to provide further context to the South Star prospect, with significant rock samples results received.

Diablo continues to undertake an active review of additional U.S. critical mineral opportunities, leveraging the company’s in-country expertise.

DBO is steady at 1.8¢. Mkt cap $4.245M.

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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.

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