Diablo Resources Ltd
Diablo Resources Limited is an Australia-based mineral exploration company.
The business
Diablo Resources Limited is an Australia-based mineral exploration company. The principal activity of the Company is the exploration for gold, focusing on the Devil's Canyon Gold Project, King Solomon Gold Project, and Phoenix Copper Project in the United States. The Devil's Canyon Gold Project consists of about 90 claims covering approximately seven square kilometers lying 20 kilometers (km) west of the Kinross Bald Mountain Gold Mine in the prolific Carlin Gold Trend and 40 km north of the Ruby Hill Mine, Nevada. The King Solomon Project consists of about 272 claims (including two patents) covering an area of 20.23 square kilometers (km2). The Phoenix copper project consists of over 292 unpatented lode claims covering 5840 acres. It also operates the Star Range Project, which is located 6 km west of the town of Milford in Beaver County, southwestern Utah, USA, and consists of 104 unpatented lode claims for 8.74 km2, consisting of two claim blocks, North Star and South Star Prospects.
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Latest news
Diablo Resources Completes $2m Placement to Acquire High-Grade Star Range Project in the US
Diablo Resources (ASX: DBO) has completed a $2 million capital raising to fund its acquisition of the high-grade Star Range silver-antimony project in Utah, marking a major step in its US critical minerals growth strategy. The project covers about 2,100 acres near Milford in Beaver County, with historical sampling returning bonanza silver grades up to 8,760 […]
Diablo Resources Receives Drilling Approval at Stateline Copper Prospect in Utah
Diablo Resources (ASX: DBO) has received approval to begin drilling at the Stateline claim block of its Phoenix copper project in Utah, USA. The permit covers up to 36 holes targeting shallow mineralisation at the Fair Dinkum prospect, a zone Diablo believes could extend the mineralised fault system that hosts the Flying Diamond deposit. The […]
Diablo Resources to target high-grade copper at newly acquired Phoenix project
Diablo Resources (ASX: DBO) has already commenced exploration activities at the new Phoenix copper project it has recently acquired in south-western USA. The program of mapping and sampling aims to deliver drill targets the company anticipates testing throughout 2025. The exploration activities will be supported by a $576,800 placement to professional, experienced and sophisticated investors […]
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