sur Dateline Resources Limited (NASDAQ:DTREF)
Dateline Commences Drilling at Colosseum Gold-REE Project
Dateline Resources Limited has initiated a significant drilling program at its Colosseum Gold-REE Project in San Bernardino County, California. The operation aims to expedite the Bankable Feasibility Study (BFS) and accelerate gold production. Drilling efforts focus on both gold and rare earth element (REE) targets, incorporating over 10,000 meters of combined reverse circulation (RC) and diamond drilling.
Utilizing a fast RC rig from Major Drilling, alongside their existing equipment, Dateline plans to enhance drilling speed and capacity. The program includes testing new targets identified by recent geophysical and geochemical data, targeting multiple high-priority gold areas and potential REE mineralization zones.
Stephen Baghdadi, Managing Director, states this phase is crucial for Dateline's progress towards production. The comprehensive drilling initiative is expected to provide essential data for resource upgrades and mine design, aiming to complete by the end of 2025.
R. H.
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