Dateline Resources is an ASX-listed company primarily engaged in mineral exploration and development in the United States.
The Company owns 100% of the Colosseum Gold-REE Project. The Colosseum Mine is in the Walker Lane Trend in East San Bernardino County, California.
Situated less than 10km north of the Mountain Pass Mine, USA’s only operating rare earth mine, owned by MP Materials.
The Colosseum Mine is uniquely positioned to potentially hold valuable reserves of both gold and rare earth minerals, which is not unusual for this area, as the Mountain Pass mine was originally mined for gold.
The Colosseum Mine has a Resource of 1.1 million ounces of gold,
The US government is greenlighting the development of a historic mine in California next to its only rare earths operation, as part of President Donald Trump’s recent executive order to bolster domestic production of critical minerals.
On April 8, the Department of the Interior (DOI) issued approval for Dateline Resources (ASX: DTR) to continue its development of the Colosseum rare earths project situated within the Mojave National Preserve in San Bernardino County. Due to its location, the project has been stalled for years.
According to the Australian miner, the Department’s communication reaffirms that the company’s existing rights under the Mining Act and the California Desert Protection Act are now valid.
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