Diablo Resources Limited · ASX:DBO
Diablo Resources — Investor Presentation (November 2021)
19 slides from Diablo Resources's investor presentation, November 2021
Slide 1: Exploring World Class Districts Gold–Copper
EXPLORING WORLD CLASS DISTRICTS GOLD–COPPER INVESTOR PRESENTATION – NOVEMBER 2021
Slide 2: Disclaimer and Forward-Looking Statements
DISCLAIMER DISCLAIMER AND FORWARD-LOOKING STATEMENTS This presentation has been authorised for release by the Board of Diablo Resources Limited. It is not a prospectus nor an offer of securities for subscription or sale in any jurisdiction nor a securities recommendation. The information in this pre
Slide 3: High-Grade Country
HIGH-GRADE COUNTRY US-FOCUSSED EXPLORER NEAR PROLIFIC GOLD MINES Historic high-grade sampling and drilling Devil’s Canyon - Nevada • Rock samples: 191.5 g/t Au, 524 g/t Ag,16.05% Cu1 Western Desert – Utah • Rock samples: 6.9 g/t Au, 1495 g/t Ag and 5.09% Cu2 Lone Pine – Idaho Drill results: • 1.2m @
Slide 4: Board and Management
BOARD AND MANAGEMENT THE TEAM BEHIND THE SUCCESSFUL BPM & PANTERA IPO’S PAUL LLOYD – LYLE THORNE – BARNABY EGERTON-WARBURTON – GREG SMITH – Non-Executive Chairman Chief Executive Officer Non-Executive Director Non-Executive Director Currently Managing Director of Lyle is a geologist with over 29 yea
Slide 5: In-Country Management Team
IN-COUNTRY MANAGEMENT TEAM HARRISON LAND SERVICES LLC – WESTERN US SPECIALISTS Team • Gavin Harrison (President) -16 years of industry experience. • Don Hamilton (Regulatory Specialist) - 20 years of industry experience. • Charlie Knowles (Senior Exploration Geologist) - 16 years of industry experie
Slide 6: Company Background
COMPANY BACKGROUND EXPLORATION SUCCESS • The Company is a spin out of the US Gold and Copper projects of Arizona Lithium Limited (AZL) formerly Hawkstone Mining Limited (HWK) • Diablo Directors have strong track record of identifying key projects and creating value for shareholders. • Technical Mana
Slide 7: Company Strategy
COMPANY STRATEGY MAXIMISE SHAREHOLDER WEALTH THROUGH TARGETED EXPLORATION • Explore regions with projects located in highly prospective, world- class terrain. • Company making potential. • Focus on USA gold and gold-copper Projects. • Identify and complete systematic exploration at priority target a
Slide 8: Company Strategy: Planned Exploration Budget
COMPANY STRATEGY MAXIMISE SHAREHOLDER WEALTH THROUGH TARGETED EXPLORATION Aggressive Exploration planned at all projects Year 1 Year 2 Total DEVILS CANYON16 (A$) (A$) (A$) Geochemistry, geophysics and mapping 95,000 110,000 205,000 Drilling and assaying 600,000 1,100,000 1,700,000 Metallurgical and
Slide 9: Devil's Canyon & Western Desert Gold-Copper Projects
DEVIL’S CANYON & WESTERN DESERT GOLD-COPPER PROJECTS LOCATED IN PROLIFIC (195 Moz) CARLIN GOLD TREND • Two 100%-owned old exploration projects located in Nevada and Western Utah, USA. • Devil’s Canyon Gold Project consists of 90 claims covering 7km2 lying 20km west of the Kinross Bald Mountain Gold
Slide 10: Devil's Canyon Gold-Copper Project
DEVIL’S CANYON GOLD-COPPER PROJECT INTRUSIVE RELATED AU-CU-AG MINERALISATION Located in the 195 Moz Carlin Trend, Nevada, USA • Minimal modern-day exploration, limited shallow drilling completed in 1980’s • Diablo high-grade rock chip sampling results: Ridgeline • 191.5 g/t Gold Switchback • 524 g/t
Slide 11: Devil's Canyon Gold-Copper Project
DEVIL’S CANYON GOLD-COPPER PROJECT INTRUSIVE RELATED MINERALISATION Rock sampling in late 2020 identified four distinct mineralised zones, associated with structural targets: Ridgeline • Gold ranging 1.12g/t - 191.5 g/t • Silver ranging 22.1g/t – 524 g/t Switchback • Copper ranging 0.54% - 10.25% co
Slide 12: Devil's Canyon Project
DEVIL’S CANYON PROJECT EXPLORING FOR WORLD CLASS GOLD-COPPER DEPOSITS • Rock Sample results and reconnaissance mapping suggest two potential styles of mineralisation resulting from multiple intrusive and mineralising phases12 • Airborne magnetic survey identified geophysical features interpreted to
Slide 13: Western Desert Gold-Copper Project
WESTERN DESERT GOLD-COPPER PROJECT EXPLORING IN UNTESTED NEW REGIONS Western Desert Gold Project covers similar geology as Newmont/Barrick 2.3Moz Long Canyon Gold Mine, located 50km to the west13 • 11 geological/structural targets on basis of geology, sampling and multi element geochemistry. Several
Slide 14: Lone Pine Gold Project
LONE PINE GOLD PROJECT HISTORICAL HIGH-GRADE GOLD PROJECT • 100% interest in the historical high-grade Lone Pine Gold Project • Minimal modern day exploration • Shallow drilling in 1990’s at King Solomon (18 holes)15 • Increased the landholding at Lone Pine to 272 claims (incl. 2 patented) covering
Slide 15: Lone Pine Vein Zone
LONE PINE VEIN ZONE HIGH GRADE ZONE AT SURFACE- NEVER DRILLED • Mined prior to 1907 via 6 adits at 30m vertical intervals the longest of which, Adit # 6 is 365m in length • Gold mineralisation has been traced over 600 metres and remains open at depth and to the northeast and southwest along strike •
Slide 16: Regional Exploration – Lone Pine Gold Project
REGIONAL EXPLORATION – LONE PINE GOLD PROJECT REGIONAL POTENTIAL FOR MULTIPLE ZONES High-grade results from 2020 regional rock chip - mapping include: Sample ID Au g/t Location KS20032 92.70 King Solomon Workings KS20018 69.50 King Solomon Workings LP113 24.70 2.1km S King Solomon LP114 19.60 2km S
Slide 17: Newsflow Catalysts
NEWSFLOW CATALYSTS NEXT STEPS WESTERN DESERT GOLD-COPPER PROJECT Maiden Drill Program and Results Q4/2021 – Q1/2022 DEVIL’S CANYON GOLD-COPPER PROJECT Surface Geochemistry, Geological Mapping Q2/2022 Maiden Drill Program and Results Q2/Q3 2022 LONE PINE PROJECT Drilling Lone Pine & King Solomon Mine
Slide 18: For further information
For further information: Paul Lloyd (Chairman) pl@diabloresources.com.au Lyle Thorne(CEO) lt@diabloresources.com.au Level 1, 10 Outram Street West Perth WA 6005 ASX:DBO | diabloresources.com.au
Slide 19: Appendix: ASX References
APPENDIX ASX REFERENCES 1 ASX Announcement, Hawkstone Mining Ltd. Acquisition of Western Desert Gold - Copper Project, Utah, USA-Hawkstone Mining Ltd (16/03/2020) 2 ASX Announcement, Hawkstone Mining Ltd. Acquisition of Carlin Trend Gold Project Hawkstone Mining Ltd (07/10/2020) 3 ASX Announcement,
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