sur Dateline Resources Limited (NASDAQ:DTREF)
Dateline Resources Unveils Positive Drill Results at Colosseum Project
Dateline Resources Limited announces promising gold assay results from the Colosseum Gold and Rare Earth Element Project in California. Recent drilling returned substantial gold intercepts, confirming mineralisation continuity within the existing open-pit resource. A standout intercept of 85.34m at 1.33 g/t Au from hole RC25-020 and 61.26m at 1.18 g/t Au from CM25-19 underpin the potential to upgrade the resource classification from Inferred to Measured and Indicated.
These findings align with Dateline's strategy to bolster its resource base ahead of a Bankable Feasibility Study. The upgraded Measured and Indicated resource will enhance the economic reliability of the project, reinforcing mine design and development plans. With 67% of the known resource already classified as Measured and Indicated, further drilling aims to de-risk production pathways.
Dateline will continue to provide updates as additional assays are processed. The ongoing efforts signal a hopeful trajectory for increased project value and resource certainty.
R. P.
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