InvestSMART

Diablo Resources Limited (ASX:DBO)

ALERT: Price-sensitive ASX Announcement for DBO
Current share price for DBO : $0.014 -0.011 (-44%)+
Announcement
Release
23 Feb 2026 8:23AM
Price at Release
$0.025
Full Release
download
Summary
Diablo Resources Limited has reported the identification of a large silver-antimony anomaly at its Star Range project near Milford, Utah. The project, covering 238 unpatented lode claims, shows potential for multiple mineralized zones with a silver-antimony anomaly extending over 1 km. The company has conducted initial soil sampling and plans further exploration, including a maiden drilling program by Q2 2026. The project holds promise for silver, antimony, and copper mineralization based on early results.
Key Points
  • Diablo Resources Limited has identified a large silver-antimony anomaly in Utah.
  • The Star Range project is located near Milford, Utah, with historical silver production history.
  • The project consists of 238 unpatented lode claims over approximately 4,596 acres.
  • A significant silver-antimony anomaly extends over 1 km and remains open, indicating potential for multiple mineralized zones.
  • Initial soil sampling and geochemical sampling have shown promising results for silver, antimony, and copper.
  • Diablo Resources plans further extension of exploration activities and a maiden drilling program by Q2 2026.
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.