Total
0
Shares
Dateline Resources (ASX:DTR) - CEO & Managing Director, Stephen Baghdadi
CEO & Managing Director, Stephen Baghdadi
Source: Dateline Resources
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Dateline Resources (DTR) intersects high-grade gold and silver at the Gold Links Project in Gunnison County, Colorado
  • Underground drilling is continuing at the project with aims to extend a known mineralised zone drilled between 1975 and 1985
  • Eight of a planned 10 holes have been drilled so far with results received for three and grades peaking at 56.74 g/t gold and 384 g/t silver
  • Shares in Dateline are up 9.76 per cent on the market and are trading at 9 cents

Dateline Resources (DTR) has intersected high-grade gold and silver at the Gold Links Project in Gunnison County, Colorado.

Underground drilling is continuing at the project with aims to extend a known mineralised zone drilled between 1975 and 1985.

Eight of a planned 10 holes have been drilled so far with results received for three and the remaining five pending.

Significant results include 1.6 metres at 29.2 grams per tonne (g/t) gold and 197 g/t silver, including 0.6 metres at 56.74 g/t gold and 384 g/t silver.

“The Gold Links Project is a high-grade multi-vein gold system. These results are in line with our expectations and support the case that significant high-grade mineralisation continues below the workings,” Managing Director Stephen Baghdadi said.

“To date, the best assay results have been achieved when we have drilled into the sediments and below the old workings, this will remain the case as we head north in the decline.”

Results from the remaining holes will be released in due course.

Shares in Dateline were up 9.76 per cent on the market and were trading at 9 cents at 2:48 pm AEDT.

DTR by the numbers
More From The Market Herald

" New World Resources (ASX:NWC) drills deepest hole on record at Antler

New World Resources (NWC) has drilled its deepest hole on record at the Antler Copper Deposit in Arizona, with 43 metres of high-grade

" Torian Resources (ASX:TNR) reports first assays from major Mt Stirling drilling program

Junior explorer Torian Resources (TNR) has announced the first set of assay results from a 17,500-metre drilling program at its Mt Stirling Gold

" Alice Queen (ASX:AQX) commences IP survey at Horn Island

Alice Queen (AQX) has commenced a second dipole-dipole induced polarisation (DDIP) survey at its Horn Island Project, located in the Torres Strait in

" Flexiroam (ASX:FRX) signs commercial agreement with BP Mobile

Communications company Flexiroam (FRX) has signed a commercial agreement with BP Mobile.