US share price rockets as Dateline stacks up rare | Australian Markets

Dual-listed Dateline Resources noticed its share price go ballistic on the United States market on Friday, on the back of the company’s latest modelling displaying traditionally mined breccia pipes at its Colosseum gold project in California are surrounded by a massive zoned felsite-breccia pipe advanced. The company can be now firmly on the hunt for rare earth components (REE) on the project.

Dateline’s share price was already on a enormous run in Australia. The previous 4 weeks have been spectacular, as the company’s share price repeatedly reached new highs on enormous turnovers.

The development continued in the present day. Dateline’s share price closed at $0.145 on the ASX, up from $0.097 at Friday’s close, on virtually 219.2M shares traded.

Based on a 15-cent trading price, Dateline’s ASX-listed share price has risen 4186 per cent to this point in 2025 and 1567 per cent over May.

During final Friday’s trading within the US, the company hit US$0.20 (A$0.30) per share. Dateline is listed on the “pink sheets” OTC market within the US beneath the ticker DTREF however is seeking to transfer to the higher-profile OTCQB Venture market to make its shares more accessible to buyers.

Dateline’s revised modelling, primarily based on outdated data and geological mapping, reveals the Colosseum pipes had been shaped together with an underlying felsic intrusive occasion.

Recently sampled felsite dykes 200 metres to 900m from Colosseum’s open pits have a right-angled cross-fracture community and ring-dyke sample typical of deep-seated intrusive our bodies punched almost vertically into the encircling geology.

Along with figuring out the community sample, the invention reveals the 2 traditionally mined gold pipes correlate with a comparable sample of gravity lows outlined by the company’s 2023 gravity survey.

The interpretation suggests the 2 Colosseum pipes may very well be simply two of many breccia pipes within the advanced. Unlike the remainder of the breccia iceberg, the primary two pipes rose to shallow depths and had been uncovered by subsequent erosion.

The model opens up a realm of gold exploration centres across the two historic gold workings, unveiling the chance of discovering more gold mineralised pipes in a common sample close by, laterally and at unexplored depths.

Dateline has just lately recognized a number of exploration indicators, such as gravity lows, felsite intrusive dykes and intrusion-related gold system pathfinder geochemistry, which it says present convincing vectors for a target-defining pathway.

In sensible phrases, which means that when targets have been outlined by geophysics, Dateline can run floor mapping and geochemistry to detect any “gold bleed” from them at floor and/or to search out remnant gold within the near-surface regolith.

It may run a shallow scout drilling program within the higher zones of the pipes, interpreted at depth from gravity lows and that are past the attain of floor geochemistry.

Alternatively, given the high degree of fracturing of the world, ultra-low-level leach geochemistry could offer a attainable answer to figuring out deeper anomalism.

Inspired by the new model and its potential to speed up the tempo of gold discovery and building of extra assets, Dateline is already ramping up its multi-disciplinary geological, structural, geophysical and geochemical exploration method to review its complete tenement space.

The company is hoping the method may even help outline the potential for rare earths within the Colosseum project space.

Dateline is about to launch a complete soil sampling program throughout the higher Colosseum project space. The four-week marketing campaign will comprise systematic sample sampling over potential gravity low goal zones and alongside projected structural trends between them.

The analytical bundle is designed to determine geochemical anomalies related to gold and rare earth components and their pathfinders to bag the company’s subsequent precedence targets.

Dateline plans to begin a magneto-telluric (MT) survey later in June throughout the project space.

The passive approach measures the Earth’s subsurface electrical conductivity from measurements of natural geomagnetic and geoelectric area variation at floor.

It can define large-scale buildings, alteration zones and potential carbonatite-hosted rare earths our bodies and/or fluid pathways that may not be evident from gravity or floor geochemistry alone.

As the new knowledge is acquired, Dateline will combine its already-defined gravity lows with geochemical knowledge and any new MT signatures to refine its understanding of the subsurface geology and how the native buildings decide mineralisation.

The company can be finalising plans for an inaugural drilling program to substantiate gold and/or rare earth mineralisation within the new goal zones and start defining the size and grade of any new discoveries.

The imminent drilling will take a look at for attainable gold extensions of the recognized breccia pipes and any indicated breccia our bodies recognized by the upcoming work.

Dateline additionally hopes the drilling will sniff out depth extensions of attainable fenite/trachyte dykes that may host or be related to rare earths. The company may even take a look at coincident gravity-MT anomalies that may signify carbonatite intrusions, which stand a good probability of internet hosting rare earths.

Colosseum is traditionally a gold-producing mine, and the project’s rare earth-bearing outcrops had been by no means explored by earlier operators.

Dateline’s plan to guage Colosseum’s rare earth potential was partly impressed by the project’s geologic setting alongside strike from MP Materials’ famed Mountain Pass rare earth deposit. Mountain Pass is the US’s solely working rare earth mine and processing website.

Encouragingly, the US Geological Survey additionally recognized sturdy thorium/uranium anomalism on the claims.

Dateline just lately engaged two of the world’s foremost rare earth geologists to research the property’s potential. The area investigations recognized a number of occurrences of fenite and associated alkaline igneous dykes throughout the Colosseum claims.

According to the investigation report, the identification of “multiple outcrops of these lithologies at a distance of almost a mile apart” factors to the chance of a massive, linked carbonatite system at depth.

This discovering, coupled with laboratory analyses confirming the presence of anomalous rare earths, together with neodymium, within the geology at Colosseum prompted Dateline to increase its rare earths exploration program.

In June final yr, the company delivered a JORC-compliant measured and indicated useful resource of 27.1 million tonnes gold at an average grade of 1.26 grams per tonne for 1.1 million ounces gold.

More than 67 per cent of the mixed measured and indicated reserve and useful resource classes exist beneath the 2 open pits, inserting the project in a very superior stage of exploration.

That useful resource seems prefer it is perhaps only the start and when the new soil geochemical outcomes begin to trickle in during June and July, and drilling outcomes come home a short time later, the company will know for sure if its model is working.

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