The Prospector News

Ellis Martin Report – “Diablo Resources (ASX: DBO) (OTCQB: DBORF) — Historic Utah Silver Mine, Tungsten & 2027 Drilling $DBO” (Video)

You have opened a direct link to the current edition PDF

Open PDF Close
Slider

Share this news article

Ellis Martin Report – “Diablo Resources (ASX: DBO) (OTCQB: DBORF) — Historic Utah Silver Mine, Tungsten & 2027 Drilling $DBO” (Video)

 

The Ellis Martin Report and Money Talk Radio welcome Lyle Thorne, Chief Executive Officer, and Paul Lloyd, Non-Executive Chairman of Diablo Resources Limited (ASX: DBO) (OTCQB: DBORF), for an update on the company’s historic Horn Silver Project in southwestern Utah and its expanding exploration opportunities in silver, tungsten, copper, and gold.

 

The Horn Silver Mine reportedly produced approximately 17 million ounces of silver historically. Now, Diablo Resources is revisiting the property with modern geological modeling, historical mine records, surface sampling, and plans for drilling in early 2027. The company is evaluating previously unmined mineralization and additional exploration targets across the broader project area.

 

During the interview, Lyle Thorne discusses the company’s exploration work, including high-grade copper rock samples reporting up to 12.5% copper and renewed interest in historical tungsten prospects. He explains how decades-old geological maps, underground workings, and technical records are helping Diablo identify and prioritize new exploration opportunities.

 

Paul Lloyd discusses the strategic importance of the Horn Silver Mine, the advantages of operating in the western United States, and the company’s approach to capital allocation. The conversation also examines the growing importance of domestic critical mineral supply chains and the potential for future U.S. government involvement, subject to further technical work and project advancement.

 

Diablo’s near-term priorities include additional sampling, geological interpretation, drill targeting, permitting preparations, and the planned commencement of drilling in early 2027. The company aims to build toward defining an initial mineral resource while evaluating its wider polymetallic exploration portfolio.

 

*About Diablo Resources Limited*
Diablo Resources Limited is an Australian-listed mineral exploration company focused on precious metals and critical mineral opportunities in the United States.
Its portfolio includes the historic Horn Silver Project in Utah, where the company is evaluating silver and associated polymetallic mineralization using modern exploration methods.

Website: https://diabloresources.com.au
ASX: DBO
OTCQB: DBORF

 

Courtesy of the Ellis Martin Report:
https://www.ellismartin.com/

Posted November 4, 2026

Share this news article

MORE or "SLIDER"


Jeff Christian - "Gold And Silver ALERT: Buyers Are Waiting for One Thing" (Video)

In this presentation, Jeffrey Christian of CPM Group discusses gold’s decline below $4,000,... READ MORE

November 4, 2026

Dryden Gold's CEO Issues Letter to Shareholders

Dryden Gold Corp. (TSX-V: DRY) (OTCQX: DRYGF) (FSE: X7W) is pleased to share a letter to shareholder... READ MORE

November 4, 2026

First Canadian Graphite Inc. Closes Flow-Through Financing

First Canadian Graphite Inc. (TSX-V:FCI) (OTCQB:GRAPF) is pleased to announce that it has received ... READ MORE

November 4, 2026

Historical archives and compilation validate and confirm the mineralization at the Blue Lake Cu (Ni-PGE) project

Cupani Metals Corporation (CSE: CUPA) (OTCQB: CUPIF) announces the acquisition of a large historical... READ MORE

November 4, 2026

Copyright 2026 The Prospector News