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Dateline Resources Limited ( (AU:DTR) ) has issued an update.
Dateline Resources has reported a series of wide, high-grade gold intercepts from recent reverse circulation and diamond drilling at its Colosseum Gold-REE Project in California, with multiple holes returning mineralisation from surface and extending beyond the current mineral resource envelope. The results confirm that the gold-bearing breccia pipe remains open to the northeast, supported by magneto-telluric conductivity data, and will inform ongoing diamond core drilling that aims to test the system’s depth and lateral extents, underscoring significant potential to expand the existing resource base and enhance the project’s future development prospects.
The most recent analyst rating on (AU:DTR) stock is a Hold with a A$0.22 price target. To see the full list of analyst forecasts on Dateline Resources Limited stock, see the AU:DTR Stock Forecast page.
More about Dateline Resources Limited
Dateline Resources Limited is an Australian-listed exploration and development company focused on gold and rare earth element projects, with its flagship 100%-owned Colosseum Gold-REE Project in San Bernardino County, California. The project currently hosts 27.1 million tonnes at 1.26g/t gold for 1.1 million ounces, with over two-thirds of the resource in the Measured and Indicated categories, and exhibits geological similarities to the nearby Mountain Pass rare earths mine, positioning the company to target both precious and strategic minerals.
Average Trading Volume: 16,236,624
Technical Sentiment Signal: Buy
Current Market Cap: A$965.7M
See more insights into DTR stock on TipRanks’ Stock Analysis page.