JBmurc
25-01-2024, 08:43 PM
Marketcap = 17.2mill @ 13c
Cash = 5mill est
#1 Project -Colosseum CAL. USA -GOLD/REE
Dateline Resources’ (ASX:DTR) Colosseum gold mine, at the southern section of the Walker Lane trend in East San Bernardino Country, California, USA boasts a 20.9Mt resource grading 1.2 g/t gold for 813,000oz.
Current and previous drilling programs have hit wide intersections, with average grades greater than the current Mineral Resource. This includes:
June 2022: 100.6m at 4.16 g/t from 79.2m
June 2023: 63.2m at 10.28 g/t from 91.2m
July 2023: 81.4m at 2.57 g/t from 81.0m
Latest annoucement
https://stockhead.com.au/resources/datelines-133m-sulphide-intersection-extends-high-grade-sedimentary-breccia-zone-at-colosseum/
REE prospectivity
As well as gold, DTR’s Colosseum acreage is also highly prospective for REEs following the discovery of notable concentrations in initial samples last year.
The explorer’s experts confirmed that rock units surrounding the breccia pipes at Colosseum are genetically related to the nearby Mountain Pass mine, the highest-grade rare earth mine globally.
Recent geophysical modelling for the project has indicated a high relative density area (postulated carbonatite body) around these breccia pipes, which again, boast similarities to Mountain Pass, only 10km to the southeast.
STRONTIUM PROJECT -USA
Dateline Resources will buy 80% of Argos, the largest known strontium deposit in the US, to bolster its critical minerals portfolio to meet future EV demand.
Strontium is a key component of permanent ferrite magnets, increasingly viewed as a low cost replacement for neodymium- based permanent magnets in EV motors.
https://stockhead.com.au/resources/what-is-strontium-dateline-taps-into-emerging-ev-demand-with-new-acquisition/
DISC-Been loading up in DTR shares last couple days >>
Cash = 5mill est
#1 Project -Colosseum CAL. USA -GOLD/REE
Dateline Resources’ (ASX:DTR) Colosseum gold mine, at the southern section of the Walker Lane trend in East San Bernardino Country, California, USA boasts a 20.9Mt resource grading 1.2 g/t gold for 813,000oz.
Current and previous drilling programs have hit wide intersections, with average grades greater than the current Mineral Resource. This includes:
June 2022: 100.6m at 4.16 g/t from 79.2m
June 2023: 63.2m at 10.28 g/t from 91.2m
July 2023: 81.4m at 2.57 g/t from 81.0m
Latest annoucement
https://stockhead.com.au/resources/datelines-133m-sulphide-intersection-extends-high-grade-sedimentary-breccia-zone-at-colosseum/
REE prospectivity
As well as gold, DTR’s Colosseum acreage is also highly prospective for REEs following the discovery of notable concentrations in initial samples last year.
The explorer’s experts confirmed that rock units surrounding the breccia pipes at Colosseum are genetically related to the nearby Mountain Pass mine, the highest-grade rare earth mine globally.
Recent geophysical modelling for the project has indicated a high relative density area (postulated carbonatite body) around these breccia pipes, which again, boast similarities to Mountain Pass, only 10km to the southeast.
STRONTIUM PROJECT -USA
Dateline Resources will buy 80% of Argos, the largest known strontium deposit in the US, to bolster its critical minerals portfolio to meet future EV demand.
Strontium is a key component of permanent ferrite magnets, increasingly viewed as a low cost replacement for neodymium- based permanent magnets in EV motors.
https://stockhead.com.au/resources/what-is-strontium-dateline-taps-into-emerging-ev-demand-with-new-acquisition/
DISC-Been loading up in DTR shares last couple days >>