Announcement Date: 2022-06-06
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Dateline Resources Ltd.
Project name: Colosseum
Location: United States
Commodities: Gold
Highlight: Drilling results incl. 100.6m @ 4.16g/t Au from 79.24m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Dateline Resources Limited (ASX: DTR) (Dateline or the Company) is pleased to announce it has received the final assay results for drill hole CM22-05 from the drilling program at the Colosseum Gold Project in California, US. The drilling program, comprising five holes for 605 metres, confirmed the geology of the deposit, as informed by the original paper-based data compilation. The geologists collected information including lithology, veining, alteration, mineralisation, oxides and rock quality designation (RQD). Samples were collected every five feet (~1.s2m) and assayed at Paragon Geochemical Laboratory in Reno Nevada. QA/QC including duplicates, standards and blanks were included in the sampling and assaying program. Highlights from the drilling program included Dateline acquired a significant volume of hardcopy data as part of the Colosseum acquisition in 2021. All of the data was reviewed and loaded into a relational database for the first time, building the first 3D view of the mine. The data collected by the previous operators was to a very high standard, enabling a database that reflects the deposit to be collected and analysed. For the Company to use the historical data and report to JORC-2012 standards, a program of confirmatory drillholes was completed.
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