Australia's Diablo Resources jumps on Horn Silver project acquisition
02/07/2026 03:38
BUZZ-Australia's Diablo Resources jumps on Horn Silver project acquisition ** Shares of Diablo Resources DBO.AX rise as much as 7.7% to A$0.014, set for best day since May 26 if current gains hold
** Mineral explorer says shareholders approve the 80% acquisition of high-grade Horn Silver project in Utah
** Co will buy an 80% stake in Antler Resources LLC, which holds an exclusive option over 101 patented claims and directly owns 100 unpatented claims comprising the Horn Silver Project
** About 1.7 million shares change hands, 1.6x times the 30-day avg
** Stock down ~46% YTD, including the session's moves
(Reporting by Anjali Singh in Bengaluru)
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