up 200 percent
Pursuit of OTCQB Listing to Engage U.S. Investors
Highlights:
• Presidential Recognition:
President Donald J. Trump highlighted Colosseum in his official Truth Social weekly update, stating:
“The Colosseum Mine, America’s second rare earths mine, has been approved after years of stalled permitting.”
• U.S. Government Endorsement:
The Bureau of Land Management stated:
“The resumption of mining at Colosseum Mine, America’s second rare earth elements mine, supports efforts to bolster America’s capacity to produce the critical materials needed to manufacture the technologies to power our future… Interior continues to support industries that boost the nation’s economy and protect national security.”
• OTCQB Listing in Progress:
Dateline is pursuing an OTCQB listing in the U.S. to improve market access and engagement with U.S. investors. Shares currently trade under the code DTREF.
• Significant Gold Resource:
The Colosseum Project hosts a JORC-compliant Mineral Resource of 27.1 Mt at 1.26 g/t Au for 1.1 Moz, with 67% in the Measured and Indicated categories.
• Strong Scoping Study Economics:
The 2024 Scoping Study outlined an 8+ year mine life producing ~75,000 oz/year, with a pre-tax NPV of ~US$235 million and IRR of 31% at a US$2,200/oz gold price.
• Bankable Feasibility Study Underway: A Bankable Feasibility Study has commenced, building on recent drilling, updated pricing, and refined mine planning.
• Rare Earth Exploration Integrated:
Rare earth elements are now formally incorporated into the Company’s exploration fieldwork, targeting carbonatite-hosted systems analogous to nearby Mountain Pass.