Dateline Resources Limited (ASX: DTR) ( Dateline or the Company) is pleased to
announce assay results from the data validation drilling program at the Colosseum
Gold Project in California, US.
HIGHLIGHTS
• The drilling program confirmed the lithological interpretation of historic drill
data.
• The drilling program assessed areas within densely drilled parts of the deposit
as well as the potential below the historic resource model.
• Best results from the program include:
o 10.67m @ 13.71g/t Au from 18.29m in CM22-04
o 19.81m @ 5.19g/t Au from 79.24m in CM22-05
• The data from these holes confirms the geological model.
• The Company will now finalise the estimation of a JORC-2012 compliant
Mineral Resource for the Colosseum deposit.
Commenting on the drill results, Dateline’s Managing Director, Stephen Baghdadi,
said:
“Whilst holes 1-3 were largely drilled to confirm the geology of the modelled
deposit, we are most excited by the results from holes 4 and 5, which were planned
to assess beneath the mineralised model.
“Multiple intersections were returned from CM22-04, with the high-grade zone of
10.67m @ 13.71g/t Au returned in an area that we didn’t expect strong
mineralisation. The deeper intersections highlight the potential for the deposit to
continue at depth.
“The intersection of 19.81m @ 5.19g/t Au in CM22-05 indicates the broad nature of
mineralisation extends beneath the previously defined mineralisation model.
“We will now progress with the estimation of the Mineral Resource at Colosseum
and plan the next drilling campaign to assess the significant potential that exists in
the pipe-like structure at depth.”
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