Dateline Resources (ASX:DTR) is advancing its Colosseum project in California with current drilling focused on supporting the bankable feasibility study, according to a Monday filing with the Australian bourse.
Three drill rigs are on site conducting infill, extensional, geotechnical, and tailings stability holes, with the broader exploration program set to test new gold and rare earth targets identified through recent geophysical and geochemical work, the filing said.
The drill program is 67% complete and is expected to end on Nov. 7, according to the filing.
Shares rose nearly 3% in midday trade Monday.
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