DBO: Annual Report 2026
Diablo Resources Limited reported its annual financial results for the year ended June 30, 2026, showing a loss but highlighting significant operational advancements. The company progressed exploration at its Phoenix Copper Project, including maiden drilling at Stateline and further drilling at Philadelphia, confirming shallow copper-oxide mineralization with high-grade intercepts. Post-year-end, Diablo completed a 'transformational acquisition' of the high-grade Horn Silver Project in Utah, a historic silver-gold mine, significantly expanding its critical minerals portfolio and strengthening its district-scale position.