Dateline Resources has kicked the door in as the latest entrant to the million-ounce gold club on the ASX having just tabled a 1.1m ounce resource last month at its Colosseum gold and rare earths project near Las Vegas running 1.26 g/t gold. Notably, the company says the resource still has plenty of legs and unusually it also shows signs of rare earths in a region that is revered for the scale and grade of the precious metals.
True, the rare earths and lithium markets may be taking a breather recently, but gold is still shining brightly. And now, the Au$12 million market-capped Dateline Resources appears well-placed to ride the precious yellow metal’s run. At the same time the company appears poised to capture the blue-sky potential of rare earths into the future.
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Source Agencies