Dateline Resources Limited, an Australian mining and exploration company, has launched a comprehensive exploration program at its Colosseum Gold and Rare Earth Elements $(REE)$ Project in San Bernardino County, California. The initiative is part of Dateline's North American strategy and aims to unlock the potential of this asset located in the mineral-rich Walker Lane Trend. The Colosseum Project boasts a JORC-2012 compliant Mineral Resource Estimate of 27.1 million tonnes at 1.26 g/t gold, translating to 1.1 million ounces, with over 67% in Measured and Indicated categories. The project also holds significant rare earth potential, situated near the Mountain Pass REE mine. Dateline's exploration efforts include a geochemical survey and a magneto telluric $(MT)$ survey to optimize drill targeting, with initial results expected in July 2025. The company aims to contribute to the U.S. strategic mineral supply chain amidst growing global demand for critical minerals.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.