on Dateline Resources Limited (NASDAQ:DTREF)
Dateline Resources Identifies Expansion Potential at Colosseum Project
Dateline Resources Limited has revealed new geological data for its Colosseum Gold and Rare Earth Element (REE) Project, suggesting significant resource expansion potential. The project, located in California, already boasts a JORC-2012 compliant Mineral Resource of 1.1 million ounces of gold. Recent findings suggest the possibility of broader mineralization.
Updated data indicates additional breccia pipes that might host further gold reserves. These results are supported by gravity and geochemical analyses showing low gravity anomalies aligning with historically mined areas and new outcrops.
Dateline is set to launch enhanced exploration activities, including soil geochemical and geophysical surveys. A targeted REE drilling program is also planned. These efforts aim to confirm and extend the Colosseum's resource potential.
R. H.
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