Dateline Resources reports significant increase in Colosseum Gold Project's Mineral Resource Estimate

Dateline Resources Limited (ASX: $DTR) has announced a substantial 35% increase in the Mineral Resource Estimate (MRE) for the Colosseum Gold Project, located in San Bernardino County, California. The updated MRE represents a 35% increase in the total MRE since it was first reported in July 2022, with the Measured component of the MRE increasing by 77% in ounces to 455koz and 23% in grade to 1.47g/t Au.

Managing Director's Perspective on Mineral Resource Update

Managing Director, Stephen Baghdadi, expressed his enthusiasm, stating, 'These results are extremely encouraging and demonstrate that our drilling has added higher grade tonnes, particularly to the Measured mineral resource. With a high proportion of Measured and Indicated Mineral Resources, the Company will now commence mining studies to determine what material can be mined in the most suitable and economically viable way and review the drill program to determine how best to expand the known resource further.'

Outlook and Future Plans

The significant increase in the Mineral Resource Estimate for the Colosseum Gold Project reflects Dateline Resources' commitment to advancing its mining and exploration activities. The Company's engagement of AMDAD for mine planning studies and the review of the drill program to expand the known resource further demonstrate its dedication to maximizing the potential of the Colosseum Gold Project. Dateline Resources continues to pursue non-dilutive funding to undertake exploration for Rare Earth Elements (REE) at the Colosseum, indicating its broader strategic vision. The Company's ambitions and goals are aligned with its focus on advancing projects in North America, with the Colosseum Gold Project being a key asset in its portfolio.