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Dateline Resources Limited ( (AU:DTR) ) has provided an update.
Dateline Resources has completed a ground induced polarisation (IP) geophysical survey at its Colosseum Gold and Rare Earth Project in California, identifying elevated chargeability zones at both shallow and deeper levels that are spatially aligned with magnetotelluric conductivity features, USGS thorium radiometric trends and a mapped fault zone. This convergence of multiple independent datasets is seen by the company as technically encouraging evidence of a large, structurally controlled mineral system with potential sulphide-hosted and rare earth-bearing zones at depth, and will be used to refine and prioritise drill targets as Dateline plans an expanded, deeper drilling program to advance the project toward its ongoing feasibility work.
The most recent analyst rating on (AU:DTR) stock is a Hold with a A$0.43 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 exploration and development company focused on its 100%-owned Colosseum Gold and Rare Earth Project in California, USA. The project hosts a 27.1Mt resource at 1.26g/t gold for 1.1Moz, with more than two-thirds in the Measured and Indicated categories, and carries additional rare earths potential given its geological similarities to the nearby Mountain Pass rare earth mine.
Average Trading Volume: 13,329,572
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$1.48B
See more insights into DTR stock on TipRanks’ Stock Analysis page.