DBO.ASX: Critical Mineral Anomalies Extended at Star Range Project

Critical Mineral Anomalies Extended at Star Range Project

Stock	Diablo Resources Ltd (DBO.ASX)
Release Time	21 Jul 2026, 8:28 a.m.
Price Sensitive	Yes

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Diablo Resources Extends Critical Mineral Anomalies at Star Range

Key Points

South Star Ag-Sb anomaly extended by ~1,400m, totaling over 3,000m
East Star defines a ~400m copper-in-soil anomaly associated with historical workings
Maiden diamond drilling at North Star scheduled to commence
$3.5 million placement completed to support exploration
Horn Silver acquisition progressing

Full Summary

Diablo Resources Ltd. announced extended critical mineral anomalies at its Star Range Project in Utah. The South Star area's silver-antimony anomaly was extended by approximately 1,400 meters, bringing the total trend to over 3,000 meters. Additionally, initial soil sampling at East Star identified a 400-meter copper-in-soil anomaly associated with historical workings, with rock chip results up to 7.39% copper. The company plans to commence maiden diamond drilling at North Star and is progressing with the acquisition of an 80% interest in the Horn Silver Project.

Guidance

No specific financial guidance provided in the announcement.

Outlook

Diablo Resources anticipates significant exploration and drilling activities across its Utah portfolio, with a focus on expanding mineral targets and advancing towards drilling.