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Dateline Resources Limited ( (AU:DTR) ) has shared an announcement.
Dateline Resources Limited announced significant progress in its Colosseum Gold-REE Project in California, with mining studies underway and potential for rare earth elements exploration. The company is advancing a Bankable Feasibility Study with the help of consultants, aiming for completion by the end of 2025. Additionally, Dateline has secured rights from the US Department of the Interior to continue operations under its existing plan, which includes both gold mining and rare earth exploration. The company is also exploring opportunities to use waste materials from mining as aggregates in the construction industry, potentially increasing project value and reducing environmental risks. In Fiji, Dateline is working on an Environmental Management Plan for its Udu Copper Zinc project to renew its licenses and is seeking joint venture partners or a structured sale for these assets. To fund these activities, Dateline raised A$1.4 million through placements to strategic investors.
More about Dateline Resources Limited
Dateline Resources Limited is a company operating in the mining industry, focusing on gold and rare earth elements. Its primary project, the Colosseum Gold-REE Project, is located in California, USA. The company is also involved in a copper-zinc project in Fiji and is actively seeking partnerships to develop these assets.
Technical Sentiment Signal: Buy
Current Market Cap: A$19.36M
For detailed information about DTR stock, go to TipRanks’ Stock Analysis page.