Diablo Resources Limited (ASX:DBO)
Diablo Resources Limited (ASX:DBO) aims to complete further exploration, including geophysical surveys, geochemical sampling, geological mapping and drilling of existing mineral anomalies and exploration targets at its three projects.
- Devils Canyon Gold-Copper Project located in the Carlin Gold trend in Nevada consisting of 90 BLM claims (Devils Canyon Project);
- Western Desert Gold-Copper Project consisting of 257 BLM claims and a state lease located in Western Utah near the Nevada border (Western Desert Project)
- Lone Pine Gold Project located approximately 10km west of Salmon, Idaho and which consists of 2 patented mining claims surrounded by a further 268 BLM claims (Lone Pine Project).
Diablo Resources was formed following a strategic review by Hawkstone Mining Limited (ASX:HWK) of its assets. HWK decided to demerge and sell its interest in the Projects to the Company.