Dateline Resources (ASX:DTR) completed an independent geophysical assessment of the Colosseum project in California, refining its search for gold by using a 3D magneto-telluric survey combined with gravity data, according to a Monday filing with the Australian bourse.
All six targets showed the coincident low-density and low-resistivity signatures similar to the known gold-bearing breccia pipes at the project, the filing said.
The targets will be further refined with a planned induced polarization survey, per the filing.
Shares rose nearly 8% in midday trade Monday.
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