Gold Links Project is located in a proven gold mining province with highly compelling geology.
Dateline owns approximately 2,000 acres of freehold land in Gunnison County, Colorado USA. This region is part of the ‘Gold Brick District’ of the Colorado Mineral Belt, which has produced over 25 million ounces of gold.
Since acquiring the permitted Gold Links Mine in 2016, the Company has consolidated ownership of additional mining and exploration ground in the region and now owns 100% of four permitted gold mines (Gold Links, Sacramento, Raymond & Carter) and a permitted mill (Lucky Strike), collectively known as the Gold Links Project. It is the first time in the region’s history that a single entity has been able to consolidate the majority of the land in the Gold Brick District. Over 150,000 ounces of gold has been produced within the Project area.
Previous exploration has assessed that the geological potential of a section of the properties to have more than 6 million tons of ore containing over 2 million ounces of gold. Dateline has begun the process of delineating the ore for extraction and will begin by extracting 33,000 tons of ore in the first year and aim to increase the known resource base and expand production capacity to 66,000 tons per annum.
The Gold Links Project includes the Gold Links Mine, Sacramento Mine, Raymond Mine and Carter Mine. Ore from these mines will be processed at the Lucky Strike Mill.
Lucky Strike Mill
Project location, access and topography, Gunnison County
Processing of the ore extracted from the Gold Links Project will occur at the Lucky Strike Mill, located 50km from the Gold Links Mine, which can process 100 tons of ore per day. The flotation cells can handle double this volume and the mill has been designed to capture gold by gravity separation and sulphide flotation.
At current processing capacity and on the assumption that the delineated resource will be extracted, the mill will be able to operate for 12 months on a 24/7 basis from commencement of production.
Mineral Resource
Dateline has conducted four targeted drilling programs on a small section of the northern part of the Gold Links Project during 2017-2019. Drilling has confirmed mineralisation is open at depth at the 2150 and Sacramento veins and sections of the 2150 vein that may have been considered sub-economic when previously mined were still present above the old workings.
Dateline has delineated the following JORC compliant resource as described in the table below:
| Zone | Category | Tons | Average Grade (Au g/t) | Total Ounces Au |
|---|---|---|---|---|
| 2150 vein “Above” (9900ft elevation) | Indicated | 9,033 | 14.73 | 3,879 |
| 2150 vein “Above” (9900ft elevation) | Inferred | 4,134 | 7.32 | 882 |
| 2150 vein “Below” (9450ft elevation) | Inferred | 21,026 | 10.52 | 6,453 |
Sacramento | Inferred | 110,780 | 3.21 | 10,378 |
Sub-surface animation of the four mines looking east. Green lines represent mapped and mined sections of the vein within each adit. The areas below and in between are our targets
Gold Links Mine
The Gold Links Mine is the most advanced development in the Gold Links Project and hosts several narrow, high-grade gold veins. Two veins (Sacramento and 2150) have been prospected and operated intermittently between 1885 and 1948. Approximately 50,000 ounces of gold was produced from the 2150 vein.
Numerous drill holes from the area have intersected gold mineralization grades of over 60 grams per ton and the channel sampling has returned similar grades. Recent high-grade assay results from the Gold Links site confirms the project as a mineable resource.
Assay results from 67 drill holes and 74 channel samples have been taken across the area, including:
- 37 were drilled to define the 9900-mineralised zone.
- 23 drill holes returned grades of more than 20g/t (0.6oz).
- 6 drill holes returned grades greater than 60g/t (~2oz).
- 1 drill intersection returned a grade of 223g/t (7oz+).
Drilling below the old workings has confirmed that gold mineralisation continues and is open at depth. Additional systematic drilling is planned.
Sacramento Mine
The Sacramento Mine was discovered in the 1896 and mined by drifting directly on the vein over three levels. Historical production from the Sacramento was in excess of 17,500 ounces of gold.
The down dip extension of the Sacramento vein was successfully drilled by Dateline in 2019. The vein continues to be mineralised at depth and additional follow up drilling is planned.
Raymond Mine
The Raymond Mine is situated between the Carter Mine and the Gold Links Mine. Historical production was estimated at approximately 25,000 ounces of gold from above the adit. Horizontal development at Raymond totals 3.2 km over several levels however no mining or exploration has ever been done below the adit level.
Carter Mine
The Carter Mine was the largest producer in the gold brick district. Like the Gold Links and the Raymond adits, multiple veins were intersected during its development. Recorded production is over 65,000 ounces of gold. No mining or exploration has been completed below the adit level.