
Dateline Resources Initiates Comprehensive Exploration Program at Colosseum Gold-REE Project in California
SAN BERNARDINO COUNTY, CA / ACCESS Newswire Dateline Resources Limited (ASX:DTR)(OTC:DTREF), a leading Australian mining and exploration company, is pleased to announce the start of a comprehensive exploration program at its wholly owned Colosseum Gold and Rare Earth Elements (REE) Project in San Bernardino County, California. This strategic initiative highlights Dateline's dedication to unlocking the full potential of this high-value asset, located in the mineral-rich Walker Lane Trend.
The exploration program includes a 1,207-sample geochemical survey, now underway, targeting high-priority zones such as newly identified felsite dykes west of historic pits and untested gravity-low anomalies to the east. Samples will undergo multi-element analysis, including a full suite of rare earth elements, to identify gold and REE mineralization potential. Initial results are expected in early July 2025, with a comprehensive analysis to follow.
In parallel, a magneto telluric (MT) survey is mobilizing to map deep subsurface geological structures and alteration zones across the Colosseum claim boundary, with a progress update expected later this week. Dateline is also evaluating a ground-based magnetic survey to enhance its multi-dataset approach, aiding in the detection of buried intrusions and lithological contrasts to refine drill targets.
The Colosseum Project is central to Dateline's North American strategy, with a JORC-2012 compliant Mineral Resource Estimate of 27.1 million tonnes at 1.26 g/t gold for 1.1 million ounces, with over 67% in Measured and Indicated categories. The project's gold mineralization remains open at depth, and recent studies project an NPV of $550 million and an IRR of 61% at a gold price of $2,900 per ounce (ASX announcement, May 23, 2025). Located just 10 kilometers north of the world-class Mountain Pass REE mine, Colosseum also holds significant rare earth potential. With growing global demand for critical minerals and robust U.S. government support for domestic REE production, Dateline aims to contribute to America's strategic mineral supply chain.
Managing Director Stephen Baghdadi commented: 'The last time this mine was in operation, the gold price was under $350 per ounce and there was little incentive to do follow-up exploration work for hidden breccia pipes. During that period, rare earth elements (REEs) were not yet a focus, so the significant REE findings at Colosseum has only recently become important. We are now in a very different environment, with much higher gold prices and strong strategic demand for REEs, which makes our systematic field program at Colosseum essential.'
The geochemical and MT survey results will inform Dateline's upcoming drilling campaigns, including a maiden REE-focused drilling program. The company is adopting a 'stacked evidence' approach, integrating geochemical, gravity, MT, and potentially magnetic data to optimize drill targeting. Further updates will follow as results are received.
About Dateline Resources Limited
Dateline Resources Limited (ASX: DTR, OTC: DTREF) is an Australian publicly listed company focused on high-value mining and exploration in North America. Its flagship Colosseum Gold-REE Project in California's Walker Lane Trend combines a proven gold resource with emerging rare earth potential, positioning Dateline as a leader in critical minerals and precious metals.
Forward-Looking Statements
This press release contains 'forward-looking statements' within the meaning of applicable securities laws. These statements relate to future events or performance, including the potential of the Colosseum Project, the benefits of U.S. government support, the company's plans for future development, and the strategic importance of the project for U.S. critical minerals supply. Forward-looking statements are based on current expectations, estimates, and projections and are subject to risks and uncertainties that could cause actual results to differ materially. These risks include fluctuations in gold and rare earth element prices, changes in regulatory or permitting processes, geological or technical challenges, market conditions affecting capital raising, environmental or social factors, and risks related to securing government funding. Dateline Resources cautions readers not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. The company undertakes no obligation to update or revise these statements, except as required by law.
Contact Information
Stephen Baghdadi
Managing Director
Dateline Resources Limited
+61 2 9375 2353
info@datelineresources.com.au
www.datelineresources.com.au
Andrew Rowell
White Noise Communications
+61 400 466 226
andrew@whitenoisecomms.com
Follow Dateline on X: @Dateline_DTR
This press release is authorized for release by the Board of Dateline Resources Limited.
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Time Business News
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Quick and Affordable Home Renovations to Increase Your Property's Value
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New outdoor furniture, fresh paint on decking boards, and potted plants can transform a bland space into a summer hangout. If your property lacks outdoor entertaining areas, consider adding a modest timber deck or paved section for a barbecue and seating. In a country as fond of outdoor living as Australia, these additions can be a big draw for buyers. Even smaller balconies deserve some TLC, with comfortable chairs and a couple of plants to spark the imagination of prospective owners. Smart Storage Solutions for Smaller Homes Storage space can be the deciding factor for many buyers, especially in Australia's growing urban areas where smaller properties are common. Clever storage solutions don't just help you organise; they also provide the impression of more space and a tidier life. Consider built-in wardrobes that maximise every inch, or floating shelves that create functional display areas without taking up floor space. 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Retaining period features—like decorative cornices or hardwood floors—while accentuating them with a modern colour palette can create a blend of nostalgia and contemporary comfort. This balance between old and new can be particularly enticing for buyers who appreciate character but still want the benefits of modern convenience. Selling Home Improvements: Best Improvements to Sell a House Fast If you're preparing to list your property, the goal is generally the same no matter where you are in Australia: sell as quickly as possible, for the best possible price. Thankfully, it doesn't require a complete overhaul to achieve that. The right selling home improvements communicate care, style, and liveability in ways that truly stand out. Targeting the Right Buyers with Strategic Upgrades Think about who's most likely to be interested in your home. Are you aiming for young families, downsizers, or professionals? 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Natural light also plays a major part in making rooms look bigger and more inviting, so ensure windows are clean and curtains are drawn back when showing the house. Mirrors strategically placed can add a sense of space, and fresh flowers or scented diffusers create an appealing atmosphere. Ultimately, buyers need to visualise themselves living there, so keep personal knick-knacks to a minimum. By focusing on staging, you highlight the lovely features you've worked so hard to create during your house remodelling ideas or affordable renovations. Setting Realistic Goals for Increasing Property Value It's easy to get carried away with grand ideas for renovating home ideas, but you need to match your vision with a sensible budget. List every upgrade you want to complete, then separate those tasks into categories: must-do fixes (like repairing a leaky roof), minor aesthetic changes (painting, new fixtures), and larger-scale transformations (kitchen or bathroom revamps). 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We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


CNBC
4 hours ago
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Dollar rises, yen steady ahead of Bank of Japan rate decision
The dollar firmed slightly on Tuesday though most currencies held tight ranges as investors remained spooked by ongoing tensions in the Middle East and awaited upcoming central bank decisions. The Bank of Japan (BOJ) concludes its two-day monetary policy meeting later on Tuesday, where it is expected to keep interest rates steady and consider slowing reductions in its bond purchases from next fiscal year. Ahead of the outcome, the yen edged a touch higher to 144.70 per dollar, reversing some of its declines from the previous session. "Markets are now refocusing their attention to the usual economic data and events, BOJ will be the next important driver of markets," said Carol Kong, a currency strategist at Commonwealth Bank of Australia. "Attention will be on what Governor (Kazuo) Ueda says at his press conference. Markets will be particularly interested in how he categorizes the inflation trends in Japan, especially in the context of heightened trade tensions." Japanese Prime Minister Shigeru Ishiba and U.S. President Donald Trump did not reach a tariff agreement, Fuji TV reported on Tuesday. In the broader market, the dollar extended some of its gains in a general risk-off move as ongoing tensions in the Middle East weighed on sentiment. The White House said on Monday that Donald Trump is leaving the Group of Seven summit in Canada a day early due to the situation in the Middle East, as the president has requested that the national security council be prepared in the situation room. Trump had earlier urged everyone to immediately evacuate Tehran, and reiterated that Iran should have signed a nuclear deal with the United States. The risk-sensitive Australian dollar fell 0.27% to $0.6507, while the New Zealand dollar eased 0.17% to $0.6049. Against a basket of currencies, the dollar firmed slightly at 98.23. "The developments out of the Middle East over the past few days threaten regional stability gravely," said analysts at DBS in a note. "The long-simmering Israel-Iran conflict reaching a major chapter should add to market stress, but so far, the view is global spillover risks are manageable." Still, overall moves in the currency market were largely subdued, as investors also looked ahead to a slew of central bank decisions later in the week to guide the next move in markets. The Federal Reserve's policy decision on Wednesday takes center stage. Expectations are for the central bank to keep rates on hold, though focus will be on any guidance regarding the rate outlook. "Markets anticipate two Fed rate cuts this year, but I expect zero," said Ronald Temple, chief market strategist at Lazard. "Investors will carefully examine the Summary of Economic Projections for signs of potential policy easing with the dot plot and macro forecasts being focal points. I expect another shift in the dot plot toward fewer rate cuts." Elsewhere, the euro fell 0.1% to $1.1545, while sterling eased 0.09% to $1.3563. Trump signed an agreement on Monday formally lowering some tariffs on imports from Britain as the countries continue working toward a formal trade deal.