The Colorado Mineral Belt
The Colorado Mineral Belt (CMB) is an area of ore deposits from the La Plata Mountains in Southwestern Colorado to near the middle of the state at Boulder, Colorado and from which over 25 million troy ounces (778 t) of gold were extracted beginning in 1858.
The State of Colorado has yet to fully reap the benefits of improved mining practices and the advancement of exploration and production technologies.
Dateline’s Colorado Assets
Gold Brick District
Historically the ownership of the land in the Gold Brick District was primarily split between the descendants of A.E Reynolds, a well-known Colorado mining magnate that owned several mines in the Colorado Mineral Belt in the late 19th and early 20th century and the Gydesen Family that has owned and managed a number of mines in the Gold Brick District of the Colorado Mineral Belt for the past 70 years. Other parts of the land have been owned and traded by several entities.
Dateline has consolidated ownership of the land and has acquired all of the Reynolds descendants and Gydesen interests in the Gold Brick District.
Dateline believes there are more ounces of gold left in the ground than the ~300,000 ounces of known production that occurred sporadically and disjointedly from the 1880’s to 1982.
Dateline aims to unlock the value of this historically significant but relatively unexplored area by systematically exploring the land using modern exploration and production technologies such as 3D seismic surveys and if required to make use of rapidly improving ore sorting technology.
Dateline Resources owns 100% of two, fully permitted gold mining projects and two processing mills in Colorado.
Dateline will hold approximately 2,000 acres of freehold and approximately 600 acres of leasehold land which has produced over 300,000 ounces of gold from narrow vein, high-grade ore-bodies.
The Gold Links Mine consists of a series of patented and unpatented claims that have been prospected and operated intermittently over a 30-year period between 1885 and 1948 with the majority of the work being undertaken between 1890-1910.
The Project consists of several mineralised areas:
The Sacramento Zone produced US$600,000 worth of gold and silver by the end of 1906 (approximately 18,000oz Au and 400,000oz Ag now valued at US$20 million [$1200/oz. Au and $17/oz. Ag])
The Gold Links produced US$516,000 of gold and silver by the end of 1912 (approximately 25,800 ounces now valued at US$31 million [17,500 ounces at $1200/oz]).
The Upper Gold Links Zone stoped a continuous area of some 350m along strike, 120m along dip, at an average thickness of 0.9m (largest thickness was 7m) extracting approximately 25,000oz Au and 300,000oz Ag until 1948.
Development of all the properties was primarily vertical leaving large areas on strike between the three mines completely unexplored.
Strategically located 35km from its existing Gold Links mine, the mill’s positioning will prove an invaluable gateway for processing ore mined at both the Gold Links Mine and the Lucky Strike Mine.
A fully permitted facility for milling on 17 acres of freehold land.
Can toll treat ore, a functioning 25-35tpd mill.