Diablo Resources Secures Copper Drilling Approval in Utah

Diablo Resources (ASX: DBO) has advanced its U.S. exploration strategy with approval to commence drilling at the Fair Dinkum Prospect within the Stateline Claim Block of its Phoenix Copper Project, Utah. The Bureau of Land Management granted the permit, covering up to 36 holes across 12 pads. The Stateline Block, considered the company’s most prospective ground, lies near significant deposits, including the Lone Wolf and Flying Diamond copper deposits, within the Lisbon Valley district. Surface sampling at Fair Dinkum returned encouraging results, averaging 1.12% Cu and up to 92 g/t Ag. Meanwhile, drilling continues at the CC Claim Block, where eight reverse circulation holes have been completed, with assay results due in three weeks. With copper designated a U.S. critical mineral, Diablo is positioning itself strategically to contribute to domestic supply. The Stateline program is expected to begin in Q4 2025, pending final logistics and bonding requirements

Customer Notice:

Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.

Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com