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Welcome to HotCopper’s latest Watchlist, where we’ve this week been joined by Diablo Resources (ASX:DBO) CEO Lyle Thorne to discuss the recent acquisition of the “significant” high-grade Horn Silver project in Utah in the U.S., and how high the precious metal’s price has been across the last year.
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Speaking to HotCopper in Week 22, Mr Thorne said the Horn Silver pick-up made complete sense because it’s just 15 kilometres from Star Range (already owned by Diablo) and “has historical production in a very well-known district.”
“It was a logical bolt-on,” he continued. “We know the area, and our Utah team is very experienced. It fits with our regional polymetallurgical play.”
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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