DBO Price sensitive 21 Jul 2026, 8:28 AM

Critical Mineral Anomalies Extended at Star Range Project

Diablo Resources Ltd

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.

Summary generated by a large language model. Please interpret with care.

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