Dateline Resources Enters Option Agreement to Secure Water, Land Rights for US Project

MT Newswires Live2025-12-29

Dateline Resources (ASX:DTR) said it entered an option agreement to lease about 27 acres of real estate that includes two wells to supply water for mining and processing operations at the Colosseum gold and rare earths project in the US, according to a Monday filing with the Australian bourse.

Under the deal, the company can start the lease at any time within the next 16 months for a fee of $200,000, after which the agreement converts into a 10-year lease, the filing said. The deal also covers an additional five-year extension.

The company is on track to complete the bankable feasibility study at the project in the first quarter of 2026, the filing added. It expects to start construction at the project next year.

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