Diablo Resources has acquired an 80% interest in the Horn silver project in Utah, significantly expanding its position within one of the most historically productive and highly prospective silver-antimony districts in the United States.
The acquisition provides Diablo with exposure to the historic Horn silver mine, which produced approximately 17 million ounces of silver and 30,000 oz. gold at average grades of 604 g/t silver and 1.04 g/t gold.
“Alongside the opportunity to extend mineralization at and around the historic mine, the broader project area offers substantial upside, with multiple underexplored silver, antimony and copper targets identified across a large, consolidated landholding,” said Diablo Resources CEO Lyle Thorne.
“Importantly, the project provides a strong pipeline of near-term drilling opportunities supported by existing data and permitting advantages while also offering longer-term discovery potential at a district scale.”
Horn is located approximately 15 kilometers from Diablo’s existing Star Range silver-antimony project, enabling the miner to consolidate a district-scale exploration position across a historically significant and underexplored mineral system. Planned exploration activities include drilling of shallow near-mine targets at Horn, testing geophysical and geochemical targets, and advancing drilling at the North Star target within the Star Range project.