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Diablo Resources Limited (ASX:DBO)

ALERT: Price-sensitive ASX Announcement for DBO
Current share price for DBO : $0.015 -0.015 (-50%)+
Announcement
Release
29 Jan 2026 9:08AM
Price at Release
$0.030
Full Release
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Summary
Diablo Resources Limited released its Quarterly Activities Report for the period ending 31 December 2025. The report highlighted significant progress at its Star Range Silver-Antimony Project, including the staking of additional claims and the completion of a drone aeromagnetic survey. Initial sampling returned high-grade silver and antimony results. At the Phoenix Copper Project in Utah, the company completed its maiden drill program with promising copper results and continued its exploration activities. The company also announced a change in its board, with Matthew Blumberg joining as a Non-Executive Director. Financially, Diablo held $943,000 in cash at the end of the quarter.
Key Points
  • Star Range Silver-Antimony Project saw 186 claims staked covering 14.5km².
  • Initial sampling returned high-grade silver and antimony results.
  • Drone aeromagnetic survey completed with results expected in Q1 2026.
  • Phoenix Copper Project's maiden drill program revealed promising copper results.
  • Matthew Blumberg joined as a Non-Executive Director.
  • Diablo held $943,000 in cash at quarter-end.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.