• Acquisition of 80% interest in the Horn Silver Project, a historic high-grade silver producer
• Project has immediate drill targets and district-scale exploration upside
• Located near Diablo's existing Star Range Silver-Antimony Project, consolidating a district-scale position

Diablo Resources Limited (ASX:DBO) has announced the transformational acquisition of an 80% interest in the Horn Silver Project, a historic high-grade silver producer located in Utah. The project hosts the historic Horn Silver Mine, which produced approximately 17 Moz of silver at an average grade of 604 g/t Ag and 30,000 oz of gold at 1.04 g/t Au. The mineralization remains open at depth and along strike, with multiple drill-ready targets identified through previous exploration. The broader project area also offers substantial upside, with a district-scale silver-antimony-copper system and several untested geophysical anomalies. The acquisition consolidates Diablo's footprint in a highly prospective and historically productive mining district, with the Horn Silver Project located just 15 km from the company's existing Star Range Silver-Antimony Project. Diablo plans to rapidly advance the Horn Silver Project through a focused exploration program, including initial drilling to test the interpreted extensions of the historic mine and high-priority geophysical targets. The company has also received firm commitments for a $3.5 million placement to fund the acquisition and exploration activities.

Diablo plans to rapidly advance the Horn Silver Project through a focused exploration program, including initial drilling to test the interpreted extensions of the historic mine and high-priority geophysical targets. The company will also complete detailed mapping and sampling to advance regional priority targets, and continue reviewing historic datasets to identify further targets. Diablo will combine upcoming exploration activities at the Star Range Project and the Horn Silver Project to maximize the value of its district-scale position.