Dateline Resources Secures Key Strontium Asset to Boost U.S. Mineral Supply

Dateline Resources Limited has announced the completion of its acquisition of the Argos Strontium Project, located in San Bernardino County, California. This move grants Dateline 100% ownership of the largest known strontium deposit in the United States, a critical asset as the nation currently relies entirely on imports for strontium supply. The acquisition aligns with U.S. goals to enhance domestic production of vital minerals for national security.

The Argos project, situated near Dateline's Colosseum Gold and Rare Earth Elements mine, enhances the company's portfolio by adding a strategic mineral resource. Notably, the U.S. Department of War has allocated $192.5 million to advance domestic manufacturing of defense-critical strontium compounds, highlighting its significance to national security.

Argos boasts a high-purity celestite deposit with minimal impurities, making it economically attractive for production. With strontium's growing demand in defense and advanced manufacturing, Dateline's control over this asset strengthens its position in the U.S. strategic minerals sector.