Dateline delineates high-grade zones at Gold Links
Dateline Resources Ltd (ASX:DTR) has released promising results from the surface drilling program which commenced in early June at the northern section of the Gold Links Project in Colorado.
All six holes intersected gold and silver mineralisation over 160 metres of strike with some exceptional results including 1.6 metres at 30.4 g/t gold and 78 g/t silver.
Interestingly, in 2018 a drill hole located 30 metres from that high-grade drill intersection assayed 1.7 metres at 91 g/t gold.
There have also been outstanding assay results from grab samples at the newly discovered ‘’Hill’’ vein.
These samples included 56.5 g/t gold and 200 g/t silver.
This vein is 120 metres south-east of the Sacramento vein which has delivered underground grab sample assay results of up to 67.4 g/t gold and 816 g/t silver.
Judging from these results it would appear that Dateline has discovered plenty of needles in the course of locating the haystack.
Other veins yet to be tested
In discussing the exploration results and their significance in terms of the group’s exploration strategy, managing director Mr Stephen Baghdadi said, “The past few weeks have been focused on drilling for the extension of the 2150 vein, and commencing a surface sampling and mapping program, both with excellent outcomes.
‘’The surface sampling and mapping program yielded immediate results with the discovery of the new Hill vein.
"All six holes drilled to test for the extension of the 2150 vein have intersected mineralisation.
"As with the Sacramento vein, the 2150 vein is where we expected it to be, and high-grade intercepts are being made.’’
This is very encouraging given the number of other known veins that are yet to be tested and the large number of LiDar generated surface targets yet to be explored by Dateline.
Potentially market moving near term news flow includes deeper drilling of the 2150 and Sacramento veins, as well as follow-up work on the Hill vein.