DTR 0.00% 1.1¢ dateline resources limited

Ann: Wide high grade drill intercepts at Colosseum Gold Project, page-2

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    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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