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Dateline Resources Limited ( (AU:DTR) ) has provided an update.
Dateline Resources Limited has announced the commencement of preparations for a rare earth element drilling program at the Colosseum Mine in California. The project has received significant attention, including a mention from President Donald J. Trump, highlighting its strategic importance as a potential major domestic source of rare earths. The U.S. Department of the Interior has confirmed mining and exploration rights, and federal funding support is available, aligning with the U.S. government’s push for domestic REE supply chains. The exploration is supported by renowned geologists and is expected to reveal a substantial REE orebody, potentially positioning Dateline as a key player in the U.S. rare earth industry.
More about Dateline Resources Limited
Dateline Resources Limited is a company involved in the mining industry, focusing on gold and rare earth elements (REE). The company is actively exploring the Colosseum Mine in California, which is strategically located near the Mountain Pass rare earth mine, indicating a strong potential for REE deposits.
YTD Price Performance: 170.0%
Average Trading Volume: 129,389,912
Technical Sentiment Signal: Hold
Current Market Cap: A$74.67M
See more insights into DTR stock on TipRanks’ Stock Analysis page.