Diablo Resources Limited · ASX:DBO
Diablo Resources — Investor Presentation (June 2022)
14 slides from Diablo Resources's investor presentation, June 2022
Slide 1: Exploring World Class Districts: Gold – Copper
EXPLORING WORLD CLASS DISTRICTS GOLD – COPPER INVESTOR PRESENTATION –June 2022
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: Company Background: Committed to Exploration Success
COMPANY BACKGROUND COMMITTED TO EXPLORATION SUCCESS Paul Lloyd Non-Executive Chairman Chartered Accountant with over 30 years’ • Listed October 2021 after raising $6.5M commercial experience. Currently MD of AZL, with directorships in BPM and LRD • At current share price, no EV assigned to high impa
Slide 4: Lone Pine, Devil's Canyon & Western Desert Projects: Drill Ready Targets
LONE PINE GOLD PROJECT, DEVIL’S CANYON & WESTERN DESERT GOLD-COPPER PROJECTS LOCATED IN PROLIFIC MINERALISED REGIONS- DRILL READY TARGETS • Three 100%-owned drill-ready exploration projects located in Western USA • Lone Pine Gold Project consists of 2 patented claims and 268 unpatented claims for 21
Slide 5: Lone Pine Gold Project: Potential for Multiple Zones
LONE PINE GOLD PROJECT POTENTIAL FOR MULTIPLE ZONES Located in Idaho 6km west of Revivals Gold’s Beartrack Mine (3 Moz 14) in a similar geological setting Two priority areas to be targeted with drilling: A’ • Lone Pine Vein Zone • Quartz vein-clay alteration zone at granite- sediment contact • King
Slide 6: Lone Pine Vein Zone: High Grade Mineralisation Untested at Depth
LONE PINE GOLD PROJECT LONE PINE VEIN ZONE HIGH GRADE MINERALISATION UNTESTED AT DEPTH Drilling at Lone Pine Vein Zone (2020) intersected steeply dipping, high grade mineralisation associated with old workings,14, 15, 18-19: • 17.02 g/t Au over 1.22m in LPDD01 incl. 65.6 g/t Au over 0.3m • 7.06 g/t
Slide 7: King Solomon Prospect: Broad Stockwork Gold Mineralisation
LONE PINE GOLD PROJECT KING SOLOMON PROSPECT BROAD STOCKWORK GOLD MINERALISATION • Lies 600m SE of Lone Pine vein zone, three old adits and numerous shallow pits. • Very little exploration in last 30 years, despite encouraging historical drilling results from the early 1990’s including13,16: • 115m
Slide 8: King Solomon Prospect: Broad Stockwork Gold Mineralisation
LONE PINE GOLD PROJECT KING SOLOMON PROSPECT BROAD STOCKWORK GOLD MINERALISATION • DBO plans to complete the first ever programme of DDH drilling with screen fire assaying to account for the presence of coarse, nuggety gold. • Geological target - Stockwork zone(s) in NE trending shear zone, associat
Slide 9: Devil's Canyon Project: Multiple High Grade Gold-Copper Targets
DEVIL’S CANYON PROJECT MULTIPLE HIGH GRADE GOLD-COPPER TARGETS • Rock Sample results and reconnaissance mapping returned high grade mineralisation 7-10 associated with multiple intrusive phases • Peak results to 191.5 g/t Au, 524 g/t Ag and 16.05% Cu 7-10 • Airborne magnetic survey identified geophy
Slide 10: Western Desert Gold-Copper Project: Carlin Style Mineralisation Intersected
WESTERN DESERT GOLD-COPPER PROJECT CARLIN STYLE MINERALISATION INTERSECTED Maiden (5 hole) wide spaced drill programme identified Carlin-style mineralisation at the A3 and Copper Blossom Prospects 23 • Broad zones of anomalous Ag intersected with associated As, Sb, Hg, Te, Ba, Mn and Au in carbonate
Slide 11: Western Desert Gold-Copper Project: Large Geochemical and Structural Target
WESTERN DESERT GOLD-COPPER PROJECT LARGE GEOCHEMICAL AND STRUCUTRAL TARGET A3 Prospect – 1500m long coincident structural, geophysical and geochemical target. Two holes drilled 500m apart (WD004 & 005). Carlin style mineralisation and alteration intersected in both holes23. • WD005 – 110m @ 1.18 g/t
Slide 12: Newsflow Catalysts: Drilling Planned for 2022
NEWSFLOW CATALYSTS DRILLING PLANNED AT SEVERAL PROSPECTS FOR 2022 LONE PINE PROJECT Drilling Lone Pine & King Solomon Q3-Q4 2022 Surface Geochemistry, Geological Mapping Q3/2022 DEVIL’S CANYON GOLD-COPPER PROJECT Surface Geochemistry, Geological Mapping Q4/2022 Maiden Drill Program Q3-Q4 2022 WESTER
Slide 13: Lyle Thorne, Chief Executive Officer
For further information: Lyle Thorne, Chief Executive Officer lt@diabloresources.com.au Office Level 2, 10 Outram Street West Perth WA 6005 +61 08 6383 7837 ASX:DBO diabloresources.com.au
Slide 14: Appendix: ASX References
APPENDIX ASX REFERENCES Western Desert 1. ASX Announcement 16/03/2020, Acquisition of Western Desert Gold - Copper Project, Utah, USA, Hawkstone Mining Ltd 2. ASX Announcement 03/07/2021 –Hawkstone Mining Ltd 950% increase in Western Desert Copper-Gold Project. 3. Barrick Gold Corporation, 2020. Ann