Dateline sees multiple share price catalysts in 2020

By Trevor Hoey. Published at Nov 14, 2019, in Mining

The management of Dateline Resources Ltd (ASX:DTR) provided an update of progress at the group’s Gold Links Project at Thursday’s AGM.

The company noted that its exploration activities at the Colorado based project had come to a close due to the onset of the snow season.

However, considerable progress has been made in gaining an understanding of the geological make-up of the orebody which has historically produced more than 150,000 ounces in high-grade gold.

Dateline’s exploration campaign yielded some highly encouraging results from the Gold Links and Green Mountain areas.

One of the most compelling aspects of the areas being explored by Dateline is the high-grade mineralisation.

For example, drilling of vein 2150 at Gold Links North started in August 2019 with management planning a two-stage/21 hole exploration campaign.

In relatively quick time one drill hole returned 1.6 metres at 30 g/t gold and 78 g/t silver, including a 0.3 metres section grading 151 g/t gold and 143 g/t silver.

All six holes in the first stage intersected gold and silver mineralisation over a strike length of 160 metres.

DTR's six holes in the first stage intersected gold and silver mineralisation.
DTR's six holes in the first stage intersected gold and silver mineralisation.

Further, underground grab samples from the middle and upper Sacramento levels yielded promising assay results including 67.4 g/t gold and 816 g/t silver.

Potential for early stage development at Gold Links

Given this backdrop, chairman Mark Johnson said today that the receipt of further information could lead to the company assessing the possibility of developing a decline to access and mine selected veins in the Gold Links system.

Johnson also referred to the success that the group had in the Lucky Strike area, prompting it to peg a further 800 acres of what he considers is highly prospective ground, bringing the group’s total landholdings to approximately 3000 acres.

Working in Dateline’s favour is the fact that permitting for mining and transport is already in place.

Furthermore, the existing mill at the site has operated very successfully and produced high quality concentrate in trials.

Not only would this allow Dateline to quickly move to production at Gold Links, but it should also offer a fairly low cost investment proposition which could potentially generate early stage cash flow.

Management’s decision regarding this issue looms as a potential share price catalyst in 2020.

This combined with further exploration results could provide sustained share price momentum.

View Our Investment Portfolios

S3 Consortium Pty Ltd (CAR No.433913) is a corporate authorised representative of LeMessurier Securities Pty Ltd (AFSL No. 296877). The information contained in this article is general information only. Any advice is general advice only. Neither your personal objectives, financial situation nor needs have been taken into consideration. Accordingly you should consider how appropriate the advice (if any) is to those objectives, financial situation and needs, before acting on the advice.

Conflict of Interest Notice

S3 Consortium Pty Ltd does and seeks to do business with companies featured in its articles. As a result, investors should be aware that the Firm may have a conflict of interest that could affect the objectivity of this article. Investors should consider this article as only a single factor in making any investment decision. The publishers of this article also wish to disclose that they may hold this stock in their portfolios and that any decision to purchase this stock should be done so after the purchaser has made their own inquires as to the validity of any information in this article.

Publishers Notice

The information contained in this article is current at the finalised date. The information contained in this article is based on sources reasonably considered to be reliable by S3 Consortium Pty Ltd, and available in the public domain. No “insider information” is ever sourced, disclosed or used by S3 Consortium.

Australian ASX Small Cap stocks | Why is Australia’s leading small cap publication

Founded seven years ago, is Australia’s leading and longest standing website for investor and finance news, education and expert opinion.

Published by StocksDigital, Finfeed was created to report daily on the comings and goings of ASX listed stocks in the small cap market.

As the first digital publication dedicated specifically to this space, Finfeed soon became the most trusted publication in the market, quickly garnering over two million page views – a number that continues to rise. provides its readers with informative articles that tackle the latest in market moving #ASX small cap news, plus exclusive content you won’t find anywhere else. It is aimed at those with an interest in investing, market education, company performance, start-ups and much more. is the only media organisation operating under the strength of a Financial Services License and is backed by leading journalists and analysts all with brands of their own.

The website aims to inform, educate and entertain with content that drills down into the heart of financial matters.

Finfeed is a leading source of investor and market information, with everything investors need to know about how to invest written in a way that anyone can understand. 

Over the years, the website has expanded beyond exclusively reporting on small caps, to profile Australia’s leading ASX listed small, mid and large caps as well as some of the country’s most successful CEOs and business leaders to find out what makes them tick.

Every day you will find fresh content covering:

Fast Facts

Over 4,000 articles published

Over 2.3 Million Page Views and counting

Over 10,000 followers on social media

Subscriber list growing by 2% monthly

Thanks for subscribing!