4/3/2023 0 Comments Dateline meaningIn what appears to be an astute move given the presence of high-grade mineralisation at depth, management decided to acquire a multi-purpose drill rig capable of both reverse circulation (RC) and diamond core drilling, with the latter providing access to deeper sections of the orebody. The drill program has so far been expanded from 41 to 45 holes as a result of testing further along the strike of the Sacramento vein. The drilling program is intended to prove the down-dip extension of both the Sacramento and 2150 veins. In the June quarter the company commenced an 8,000 metre drilling program at the northern section of the Gold Links Project. Gold Links and the Lucky Strike are located approximately 50 kilometres apart. While a resource is yet to be defined, well-documented records indicate that there are large areas that remain untested at surface and little to no exploration has been done below the valley floor.ĭateline also owns the Lucky Strike and Mineral Hill permitted gold properties and has recommissioned a gold processing plant located at the Lucky Strike Mine. Mineralisation can be traced on surface and underground for almost six kilometres from the northern to the southern sections of the project. Gold Links has historically produced up to 150,000 ounces of high-grade gold which featured bonanza grades of up to 493 g/t gold and in particular, records indicate crude ore shipments up to 287 g/t gold from the Gold Links ‘2150’ vein. This project is comprised of several contiguous historic gold mines that have been consolidated by the company. Dateline Resources Ltd ( ASX:DTR) released its quarterly result on Wednesday, highlighting the progress that it has made at the Gold Links Project in Colorado.
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