WIDE HIGH-GRADE GOLD AT COLOSSEUM 70.1 metres at 6.53g/t Au Highlights
• 70.1m @ 6.53g/t Au in drill hole CM23-14 Inc. 25.9m @ 15.31g/t Au.
• Consistency of assay results for drill hole CM23-14 suggests stability in the geologic structure.
• Multi-element geochemistry analysis of drill hole CM23-14 is underway.
• New hole, CM24-15, is almost complete and will test the southern extension of the sedimentary unit. Results are expected in March 2024.
• Mineral Dynamics researchers confirm Colosseum drill hole data fits a Log Normal Energy distribution.
Dateline Resources Limited (Dateline or the Company) is pleased to announce it has received assay results for diamond drillhole, CM23-14, drilled at the Colosseum Gold Project in San Bernardino County, California, USA, that intersected 70.1m @ 6.53g/t Au, including a higher grade section of 25.9m @ 15.31g/t Au. Drill hole CM23-14 is the eigth exploratory hole the Company has completed at the Colosseum project.
Highlights of the drill results to date are: • 70.1m @ 6.53g/t Au inc. 25.9m @ 15.31g/t Au in drill hole CM23-14 • 100m @ 4.16g/t Au in drill hole CM22-051 • 10.67m @ 13.71g/t Au in drill hole CM22-042 • 19.17m @ 1.81g/t Au in drill hole CM23-093 • 81.35m @ 2.57g/t Au inc. 36m @ 3.97g/t Au in drill hole CM23-11a4 • 76.2m @ 8.62g/t Au inc. 23.5m @ 21.8g/t Au in drill hole CM23-084
Commenting on the results, Managing Director, Stephen Baghdadi, commented: “The wide intersection in drill hole CM23-14, that includes a higher grade zone, is consistent with other drill holes that have been completed. “The results from drill hole CM23-14 have increased the size of the sedimentary breccia unit and the higher grade mineralised envelope within that unit. It has also increased our confidence in the current geologic model for the Colosseum deposit. “An intersection of 70.1m @ 6.53g/t that includes 25.9m @ 15.31g/t Au, is very encouraging and when added to the data from previous drill holes, it reinforces our confidence in the stability of the geologic structure. “Drill hole CM24-15 is underway and is designed to test south east and down dip extension of the sedimentary breccia. This drill hole is almost complete and sections of the drill core have been sent to the lab for priority processing”.
