Upbeat Dateline intersects 94 g/t gold and 89 g/t silver at Gold Links, eyes near term production
Gold explorer Dateline Resources has intersected 94 g/t gold and 89 g/t silver at its Gold Links Project in Colorado, USA.
The assays from part of the company’s 4,000m underground drilling included:
DTR has completed 10 out of the 13 planned holes, with results for five holes still pending.
The drilling is aimed at extending a mineralised section of the 2150 vein (The Discovery Zone) which was originally tapped between 1975 and 1985.
Dateline (ASX:DTR) managing director Stephen Baghdadi said the 2150 vein continues to return results in line with the company’s overall expectations.
“These two results confirm continuity of the mineralisation both up-dip and to the south of previous drill intercepts including the Discovery zone,” he said.
“This section of the 2150 vein is shaping up as another target for mining in the near term.
“We will now focus our drilling on extending this area deeper and to the north.”
The company plans to commence commercial production from Gold Links in the near term.
Dateline is progressing with underground development aiming to begin stoping the mineral resource located at 9900RL, and once mining has commenced, advancing the exploration and haulage decline.
Once all 13 holes have been completed from the current drill station, the drill will be relocated inside the 400ft (120 metre) long section of the development (Drill station 6 – DD-06) so it can explore the extension of the Discovery zone.
The new drill site will enable much deeper drilling both to the north and south of the target.
This article was developed in collaboration with Dateline Resources Limited, a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.