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An update from Dateline Resources Limited ( (AU:DTR) ) is now available.
Dateline Resources Limited has announced a change in its principal and registered address to Level 17, 2 Chifley Square, Sydney, NSW, 2000. The company is currently conducting a Bankable Feasibility Study for its Colosseum Gold-REE Project in California, which has a JORC-2012 compliant Mineral Resource estimate of 27.1Mt @ 1.26g/t Au for 1.1Moz Au. The project shows promising rare earth elements potential, similar to the nearby Mountain Pass mine. The updated economics for the Colosseum project indicate a net present value of US$550 million and an internal rate of return of 61% using a gold price of US$2,900/oz. This announcement highlights Dateline’s strategic focus on expanding its mining operations and enhancing its market position in North America.
More about Dateline Resources Limited
Dateline Resources Limited is an Australian company focused on mining and exploration in North America. It owns 100% of the Colosseum Gold-REE Project in California, which is located in the Walker Lane Trend in East San Bernardino County. The company also owns the high-grade Argos Strontium Project in the same region, reportedly the largest strontium deposit in the U.S.
Average Trading Volume: 27,347,373
Technical Sentiment Signal: Buy
Current Market Cap: A$1.81B
For detailed information about DTR stock, go to TipRanks’ Stock Analysis page.