Ellis Martin Report: Bonanza Silver in Utah as Diablo Resources (DBORF) Begins Maiden Drilling at North Star
In this edition of The Ellis Martin Report and MoneyTalk Radio, Ellis Martin speaks with Lyle Thorne, Chief Executive Officer of Diablo Resources Limited (ASX:DBO) (OTCMKTS:DBORF), and Gavin Harrison, President and Founder of Harrison Land Services and Diablo's on-the-ground exploration manager in Utah.
Diablo Resources trades on the Australian Securities Exchange under the symbol DBO and in the United States on the OTC market under the symbol DBORF.
The company is advancing two neighboring silver, copper and critical-minerals projects in southwestern Utah. Maiden diamond drilling has commenced at the North Star prospect within the Star Range Project, with an initial five-hole program designed to test high-priority silver-antimony veins and structures beneath historic surface workings.
At the nearby Horn Silver Project, recent reconnaissance sampling returned grades as high as 4,190 grams per tonne silver, together with gold and 2.41% copper. Additional high-grade silver, gold and copper results were reported from the Washington, Accrington and Michigan prospect areas.
The historic Horn Silver Mine produced approximately 17 million ounces of silver at an average grade of 604 grams per tonne, together with gold and copper. Diablo has now exercised its option over the patented Horn Silver claims, consolidating its position across approximately 13.2 square kilometres of prospective ground.
In this interview, Thorne and Harrison discuss:
- The district-scale potential of the Horn Silver mineralized system
- Maiden drilling now underway at North Star
- The relationship between historic workings and modern exploration targets
- High-grade silver, copper, gold and antimony mineralization
- Year-round access, infrastructure and Utah's mining-friendly jurisdiction
- The drilling, assay results and exploration milestones investors can expect next
The reconnaissance grab samples discussed in the interview are selective samples collected from historic workings, mine dumps, subcrop and visibly mineralized material. They are not drill intercepts and should not be considered representative of average grade, mineralized widths or future drilling results.
Listen to the interview:
https://www.youtube.com/watch?v=MsBdgWj-N8g
DISCLAIMER
The Ellis Martin Report is sponsored by the companies featured on the program. The information presented is for informational and educational purposes only and does not constitute investment advice or a recommendation to buy or sell any security. Investors should conduct their own due diligence and consult a qualified financial adviser before making investment decisions.
Diablo Resources Limited CEO: Lyle Thorne Telephone: +61 8 6383 7837 Email: info@diabloresources.com.au Email: lt@diabloresources.com.au Website: https://diabloresources.com.au
News Provided by ABN Newswire
