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Diablo Resources Limited, via its wholly owned subsidiaries, holds a 100% interest in the following projects:
(a) the Devil’s Canyon Gold-Copper Project located in the Carlin Gold trend in Nevada consisting of 90 BLM claims;
(b) the Western Desert Gold-Copper Project consisting of 257 BLM claims and a state lease located in Western Utah near the Nevada border; and
(c) the 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.
DBO acquired these projects following a strategic review by Hawkstone Mining Limited (HWK) of its assets, after which HWK decided to demerge and sell its interest in the Devil's Canyon Project, Western Desert Project and Lone Pine Project to the the Company.
It is anticipated that DBO will list on the ASX during October 2021.
(a) the Devil’s Canyon Gold-Copper Project located in the Carlin Gold trend in Nevada consisting of 90 BLM claims;
(b) the Western Desert Gold-Copper Project consisting of 257 BLM claims and a state lease located in Western Utah near the Nevada border; and
(c) the 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.
DBO acquired these projects following a strategic review by Hawkstone Mining Limited (HWK) of its assets, after which HWK decided to demerge and sell its interest in the Devil's Canyon Project, Western Desert Project and Lone Pine Project to the the Company.
It is anticipated that DBO will list on the ASX during October 2021.