Dateline unearths six new breccia pipes at US Co

Dateline unearths six new breccia pipes at US Colosseum gold play

The company picked up the large-scale anomalies after putting the results from a recent 3D magnetotelluric (MT) survey together with data from an earlier gravity study.
Management says four of the new anomalies are as big, if not bigger, than the signatures tied to the current resource. The known pipes remain open at 250 metres depth and fresh MT modelling shows they plunge at least another 300m, hinting at a far bigger mineralised system than first thought.
Among the new hot spots, Target 5 has captured plenty of attention. Stretching about 500m by 300m, it shows the broadest resistivity low of all the anomalies and plunges to a staggering 900m. Dateline says its depth and continuity point to a towering breccia body that could be packed with serious ounces.
Meanwhile, Targets 2 and 3, east of Colosseum’s North Pit, have lit up with distinct gravity lows. Both targets share an area with the lowest resistivity low in the entire survey area, suggesting a connected system at depth.
Dateline has two rigs already parked on site and expects the new pipes will get a thorough workover from the truth-telling bit within weeks, teeing up what could be one of the company’s most important drill campaigns yet.
Adding to Dateline’s exploration credentials, Colosseum lies less than 10 kilometres north of the world-class Mountain Pass rare earth mine – a geological cousin with striking similarities. The company says it plans to run its rare earths program in tandem with the hunt for more gold, giving punters a double shot at value creation.

https://thewest.com.au/business/bulls-n-bears...5728527004