Diablo Strengthens Utah Presence with Horn Silver Acquisition
Diablo Resources Limited (ASX: DBO) has signed a binding agreement to acquire an 80% interest in the Horn Silver Project in Utah, expanding its exposure to high-grade silver exploration. The historic Horn Silver Mine previously produced around 17 million ounces of silver and 30,000 ounces of gold at average grades of 604 g/t silver and 1.04 g/t gold. The mineralised system continues beyond the currently defined zones, with expansion potential identified both along the strike length and at deeper levels, supported by multiple advanced exploration targets ready for drilling.
Rock sampling confirmed a district-scale silver-antimony system with results of up to 1,310 g/t silver and 0.2% antimony. Historical drilling also highlighted strong copper-silver intercepts, including 54 metres at 1.4% copper from 46 metres and 102 metres at 0.58% copper from 194 metres. The project spans 13.2 square kilometres across 201 claims, including 101 patented claims. Located 15 kilometres from the Star Range Project, Horn Silver strengthens Diablo’s district-scale position. The company has obtained commitments for AU$3.5 million in funding to support upcoming exploration programs and drilling campaigns.
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.au
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Diablo Strengthens Utah Presence with Horn Silver Acquisition
Diablo Resources Limited (ASX: DBO) has signed a binding agreement to acquire an 80% interest in the Horn Silver Project in Utah, expanding its exposure to high-grade silver exploration. The historic Horn Silver Mine previously produced around 17 million ounces of silver and 30,000 ounces of gold at average grades of 604 g/t silver and 1.04 g/t gold. The mineralised system continues beyond the currently defined zones, with expansion potential identified both along the strike length and at deeper levels, supported by multiple advanced exploration targets ready for drilling.
Rock sampling confirmed a district-scale silver-antimony system with results of up to 1,310 g/t silver and 0.2% antimony. Historical drilling also highlighted strong copper-silver intercepts, including 54 metres at 1.4% copper from 46 metres and 102 metres at 0.58% copper from 194 metres. The project spans 13.2 square kilometres across 201 claims, including 101 patented claims. Located 15 kilometres from the Star Range Project, Horn Silver strengthens Diablo’s district-scale position. The company has obtained commitments for AU$3.5 million in funding to support upcoming exploration programs and drilling campaigns.
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.au