Dateline Resources Limited (ASX: $DTR) has announced a significant expansion of high-grade gold zone at the Colosseum Gold Project in San Bernardino County, California, USA. The company intercepted 88m at 4.18g/t Au in diamond drill hole CM24-16, along with other notable results, indicating a substantial increase in the target zone. The analysis of past geophysical data has commenced, and additional geochemistry analysis has been received.
The drilling program has been accelerated and expanded at Colosseum. Both of these diamond drill holes have intersected wide zones of gold mineralisation outside of the known high-grade sedimentary breccia unit. CM24-16 intersected a wide 88m @ 4.18g/t Au in the upper and lower part of the drill hole in the felsite breccia unit. This is an encouraging development because the felsite breccia unit is the most voluminous rock type at the Colosseum.
Dateline Resources Limited (ASX: $DTR) has reported a major expansion of high-grade gold zone at the Colosseum Gold Project. The intercept of 88m at 4.18g/t Au in diamond drill hole CM24-16, along with other significant results, indicates a substantial increase in the target zone. The company has also commenced the analysis of past geophysical data and received additional geochemistry analysis. The drilling program has been accelerated and expanded, and additional drill holes are planned to test the extents of the felsite breccia mineralization. The company's revised geology model will be completed once the balance of the results from CM24-16 become available. Dateline Resources aims to enhance the potential success of its drilling program through additional geophysics surveys, depending on the outcome of the low-cost analysis of the historical geophysical data.