SIGNIFICANT SULPHIDES INTERSECTED IN SEDIMENTARY BRECCIA AT COLOSSEUM GOLD MINE HIGHLIGHTS
• Diamond drilling at Colosseum Gold Mine, California has intersected significant sulphides (pyrite, sphalerite, galena and minor electrum) over 133 metres.
• Drillhole CM23-14 was drilled to test a revised geological model and expand upon the high-grade sedimentary breccia zone identified in CM23-08, which returned exceptional results of 76.2m @ 8.62g/t Au.1
• Core has been logged, cut, and sampled with priority analysis requested. Assay results are expected in 3-4 weeks.
• An updated Mineral Resource Estimate (MRE) is expected to be released during the March quarter reflective of the recent drilling results (including CM23-14).
Dateline’s Managing Director, Stephen Baghdadi, commented:
“The objective of this drill hole was to test our current understanding of the revised geological model and extend the known high grade sedimentary breccia zone. The consistency of the 133-metre-wide sedimentary breccia intersection has exceeded our expectations and supports our current understanding of the geological model.
“The 133-metre intersection contains significant sulphides within the breccia matrix and sulphide replacement of sedimentary clasts. This drill hole has extended the sedimentary breccia beyond what was identified in drill hole CM23-08 (76.2m @ 8.62g/t Au) and we have dispatched the samples for priority analysis.”
