Dateline Resources (ASX:DTR) has announced significant progress in its waste-to-aggregate studies at the Colosseum Gold Mine in southern Nevada. A recent Scoping Study revealed potential for turning mine waste into construction aggregates and asphalt, aligning with regional construction demand. Laboratory tests confirmed waste rock suitability for construction use.
Dateline Resources is progressing with its waste-to-aggregate studies at the Colosseum Gold Mine, following a Scoping Study that highlighted the economic and environmental potential of converting mine waste into construction materials. The laboratory tests confirmed the waste rock's compliance with necessary standards for construction use. This initiative is timely, as regional concrete demand is expected to rise due to a construction boom in South Las Vegas and infrastructure developments, including the Southern Nevada International Airport. Dateline is also evaluating the use of tailings as concrete sand, aiming to create dual revenue streams. The company remains focused on gold production but is committed to exploring additional revenue opportunities through construction material sales. Future work includes further testing and a Definitive Feasibility Study to optimize gold recovery and assess construction material sales.
The advancement of our waste-to-aggregate initiative at the Colosseum Gold Mine is pivotal. It not only offers economic benefits by potentially reducing operational costs but also aligns with our environmental goals. The positive results from laboratory testing affirm the viability of our approach, paving the way for further exploration of dual revenue streams. This is a strategic extension of our core gold production business, and we are eager to see its impact on our overall project economics.