on Dateline Resources Limited (NASDAQ:DTREF)
Dateline Resources Validates High-Priority REE Target at Colosseum Project
Dateline Resources Limited has confirmed a significant rare earth element (REE) target at its Colosseum Gold-REE Project in California. Independent modeling from Dr. Kate Selway at Vox Geophysics using ModEM 3D magneto-telluric (MT) inversion aligns with earlier findings by Viridien's RLM-3D model, highlighting a resistive anomaly on line 2200N. This anomaly, showing potential for carbonatite-hosted REE, reinforces previous interpretations and suggests deep mineralization.
The consistency between two independent models underpins confidence in the target's viability. Drill testing is set to commence in the upcoming December quarter, with additional rigs mobilizing for expedited exploration. This target area, previously unexplored for REE, offers new discovery opportunities. Parallelly, validation for gold targets at the Colosseum Project continues, solidifying Dateline’s dual strategy of advancing both gold and REE prospects.
R. H.
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