on Dateline Resources Limited (NASDAQ:DTREF)
Dateline Resources Identifies New Gold Targets at Colosseum
Dateline Resources Limited has announced the identification of six new high-priority breccia pipe targets at its Colosseum Gold-Rare Earth Element Project in California. The targets were identified through a 3D magneto-telluric geophysical survey, integrated with gravity data. These newly discovered targets show the same geophysical anomalies as those found in the known gold-bearing breccia pipes at the site.
The potential for increasing the Mineral Resource Estimate is significant, with four of the six new anomalies comparable in size or larger than known structures. The existing breccia pipes have yielded 1.4 million ounces of gold to a depth of 250 meters. The 3D survey suggests that breccia pipe structures might extend an additional 300 meters beyond current drilling.
Dateline will begin testing the new targets in September. This will run in parallel with ongoing rare earth exploration activities, reflecting confidence in the project's potential.
R. E.
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