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Diablo Resources Limited (ASX:DBO)

ALERT: Price-sensitive ASX Announcement for DBO
Current share price for DBO : $0.014 -0.011 (-43.75%)+
Announcement
Release
11 Feb 2026 11:25AM
Price at Release
$0.024
Full Release
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Summary
Diablo Resources Limited (ASX:DBO) announced the identification of high-priority silver-antimony drill targets at their Star Range project in Utah, USA. A geophysical contractor has been secured to conduct an induced polarisation survey at the North Star target, which is associated with significant silver mineralisation. Additionally, the company's maiden drilling program at the Phoenix Copper Project in Utah has confirmed copper mineralisation at the Fair Dinkum Prospect, aligning with geological sequences of the nearby Lisbon Valley Copper Mine. The results indicate potential for further exploration and expansion in these regions.
Key Points
  • High-priority silver-antimony drill targets identified at Star Range Project in Utah.
  • Geophysical contractor secured for induced polarisation survey at North Star target.
  • Silver mineralisation over 3,000 g/t Ag identified at surface rock samples.
  • Maiden copper drilling at Phoenix Copper Project confirmed at Fair Dinkum Prospect.
  • Copper mineralisation aligns with sequences of Lisbon Valley Copper Mine.
  • Potential for further exploration and expansion at both project sites.
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.