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Dateline Resources Advances Exploration at Colosseum Gold-REE Project

Story Highlights
  • Dateline Resources is conducting a geochemical sampling program at its Colosseum project in California.
  • The exploration aims to prioritize gold and rare earth element drilling targets, enhancing Dateline’s strategic positioning.
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Dateline Resources Advances Exploration at Colosseum Gold-REE Project

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Dateline Resources Limited ( (AU:DTR) ) just unveiled an update.

Dateline Resources Limited has initiated a geochemical sampling program at its Colosseum Gold-REE Project in California, targeting high-priority zones identified through recent geological mapping and gravity surveys. The program aims to generate detailed geochemical maps to prioritize areas with significant gold or rare earth element potential for drilling. The company is also preparing a magnetotelluric survey to collect deep subsurface data, with potential plans for a ground-based magnetic survey to enhance drill targeting. These initiatives are part of Dateline’s strategy to capitalize on the current high gold prices and strategic demand for rare earth elements, with the results informing upcoming drilling campaigns.

More about Dateline Resources Limited

Dateline Resources Limited is an Australian company engaged in mining and exploration activities in North America. The company owns the Colosseum Gold-REE Project in California, which is situated in the Walker Lane Trend in East San Bernardino County. The project has a JORC-2012 compliant Mineral Resource estimate of 27.1Mt @ 1.26g/t Au for 1.1Moz, with a significant portion of the resources classified as Measured and Indicated. Dateline is focused on advancing the dual gold and rare earth potential of the Colosseum project.

Average Trading Volume: 105,071,779

Technical Sentiment Signal: Buy

Current Market Cap: A$272.1M

For an in-depth examination of DTR stock, go to TipRanks’ Overview page.

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