Diablo Resources publishes investor presentation on Horn Silver Mine acquisition in Utah

Powershares Db Multi-Sector Commodi Powershares Db Oil Fund

Powershares Db Multi-Sector Commodi Powershares Db Oil Fund

DBO

0.00
  • Diablo Resources outlined a plan to acquire 80% of Antler Resources, securing control of Horn Silver Mine project in Utah with 101 patented claims under option plus 100 unpatented lode claims across 13.2 km².
  • Consideration includes 36,000,000 shares to seller, US$ 750,000 option exercise payment to acquire 100% of patented claims, 12-month consultancy totaling $240,000.
  • Deferred equity milestones include 10,000,000 shares on completion of 1,000 meters of drilling, 30,000,000 shares on delivery of a JORC inferred resource of at least 10 Moz Ag equivalent at grade above 150 g/t Ag.
  • Funding plan centers on an AUD $3.5 million placement at AUD $0.013 per share to support drilling across Horn Silver and Star Range, targeting initial drilling in Q2 2026.
  • Project pitched on historic production of 17 Moz silver at 604 g/t Ag, with additional targets supported by legacy IP anomalies, rock sampling up to 1,310 g/t Ag, 0.25% Sb.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Diablo Resources Ltd. published the original content used to generate this news brief on May 11, 2026, and is solely responsible for the information contained therein.

This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.