‘Entering a significant period’: Diablo extends critmin anomalies at Utah Star Range

Diablo Resources (ASX:DBO) has expanded geochemical silver-antimony anomalies and new copper soils amid ongoing preparations for its maiden drilling campaign, after recent reconnaissance sampling across the East Star and South Star prospects successfully broadened the ASX-listed explorer’s pipeline.

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.

The explorer was recently given the green light to start its maiden 1,000-metre diamond drilling program at the project after U.S. permitting came in.

Early works at the prospects have seen assay results extend the silver-antimony anomaly by approximately 1,400 meters to the northeast. When combined with previous data, the total prospective trend now spans more than 3,000 meters.

Meanwhile, first-pass soil sampling at East Star defined a coherent copper-in-soil anomaly measuring approximately 400 by 200 meters. This anomaly aligns with historical workings and complements previous chip sampling that returned peak grades of up to 7.39% copper alongside strong silver associations.

“Latest results continue to expand the exploration pipeline,” CEO Lyle Thorne said this morning. “South Star now hosts an Ag-Sb anomaly extending more than 3,000 metres, while East Star has defined a coherent copper-in-soil anomaly associated with historical workings and previously reported results.”

“With maiden drilling at North Star commencing in the coming weeks and the Horn Silver acquisition progressing, Diablo is entering a significant period of drilling and exploration activity across its Utah portfolio,” he declared.

Site preparations are now underway at the North Star prospect, where a maiden diamond drilling program is scheduled to commence in the coming weeks.

This exploration activity is backed by a recent $3.5 million share placement designed to fund the broader drilling-led exploration phase across Diablo’s Utah portfolio, the Oz company pointed out to shareholders today.

Elsewhere, Diablo is progressing the acquisition of an 80% interest in the nearby Horn Silver Project in accordance with its agreement terms. HotCopper understands the company will integrate latest geochemical data with existing geophysical datasets to rank additional high-priority targets as exploration advances.

Heading into Tuesday morning, DBO shares are 11cps.

Join the discussion: See what Hot Copper users are saying about Diablo Resources Ltd and be part of the conversations that move the markets.

Disclaimer: This content has been prepared as part of a partnership with Diablo Resources Ltd and is intended for informational purposes only.

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.