Diablo Resources Ltd has reported encouraging exploration activity at its Phoenix Copper Project in the southwestern United States. The project, located within the renowned Lisbon Valley Mining District near the producing Lisbon Valley Copper Mine, has revealed high-grade copper and silver in key target areas. Recent rock sampling and handheld pXRF survey work have identified three promising prospects – Philadelphia, Trenton, and Fair Dinkum – that exhibit strong similarities in geological settings to the neighboring operating mine. Significant results have emerged from the Trenton Prospect on the CC Claim Block, where grab samples collected over nearly two kilometers yielded copper values reaching up to 7.71% and silver up to 37 g/t. The average copper grade from these samples was 2.53%, with seven of the eleven samples registering above 1% copper. Meanwhile, the Fair Dinkum Prospect on the Stateline Claim Block produced rock samples with copper peaks of 2.76% and silver as high as 92 g/t, averaging 1.12% copper across 13 samples. These findings build on prior high-grade results reported at the Philadelphia Prospect and have played a key role in planning the upcoming drilling campaign. The company has already submitted drilling permits to the Bureau of Land Management, and a maiden drill program is anticipated to commence in the third quarter of 2025. Diablo Resources Ltd is currently reviewing proposals from drilling contractors while continuing to explore additional targets within the 5,840-acre project area. The ease of access via maintained gravel roads and the strategic location on federal lands further amplify the project’s attractiveness, positioning it as a notable opportunity within a historically prolific copper district. The market reaction to the news is mixed. On the bullish side, the impressive rock sampling results and systematic geochemical surveys signal a high probability of discovering economically significant copper mineralization. The swift progression from project acquisition to permit submission in under six months reinforces investor confidence in the company’s execution capabilities. Conversely, a bearish view might focus on the preliminary nature of the pXRF-derived data, which, while promising, is based on indicative measurements rather than conclusive assays. The inherent risks of early-stage exploration remain until drilling confirms the continuity and extent of the mineralization. Overall, the announcement by Diablo Resources Ltd highlights a proactive and promising approach to expanding its asset base in a world-class mining district, driving cautious optimism among those watching the company’s progress in the copper exploration sector.