on Dateline Resources Limited (NASDAQ:DTREF)
Colosseum Gold Project Shows Promising Expansion
Dateline Resources Limited has announced positive developments in the Colosseum Gold-REE Project located in San Bernardino County, California. New drilling at the North Pit has revealed two significant gold intersections, extending the prospect's mineralized zone further to the northeast and greater depth.
Key intersections from recent drill tests include 287.3 meters at 1.05g/t gold in drillhole CM25-41 and 214 meters at 1.06g/t gold in drillhole CM26-42. These findings suggest enhanced potential for underground targets in the area.
Mineralization extends beyond the current resource envelope, reinforcing the notion of potential upsides. For REE exploration, nearly 3,000 meters of focused drilling has been completed, bringing promising SG readings indicative of valuable densities.
Ongoing activities include the expansion of the REE program to 18 holes as part of expanded modeling and target drilling for gravity anomalies adjacent to the trackable area. These exploration efforts aim to verify further extensions and possibilities.
R. E.
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