Mining Intelligence and News
United States

Colosseum Project

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Categories

Summary

Mine TypeOpen Pit
Study CompletedPreliminary Economic Assessment
Study in ProgressPrefeasibility
Commodities
  • Gold
Mining Method
  • Truck & Shovel / Loader
Mine Life... Lock
SnapshotThe Colosseum Gold Project is an gold mining initiative located within the so-called Walker Lane Trend, known for its abundance of gold deposits.

The deposit contains mineralization in breccia pipes, which remain open at depth, offering opportunities for further exploration and resource expansion. Dateline Resources plans to carry out additional drilling to assess the potential for rare earth elements and continue the study of the gold resources.

Dateline Resources commenced the Bankable Feasibility Study (BFS) for its flagship, based on the October 2024 PDS.

The Colosseum Scoping Study Update, released on 26 May 2025, restates the October 2024 PDS with an updated gold price forecast of $2,900. All other inputs and aspects of the mine plan remain unchanged.
Latest NewsColosseum Gold Scoping Study Update: 208% Increase in Net Revenue and NPV of US$550 million     May 22, 2025

Owners

SourceSource
CompanyInterestOwnership
Dateline Resources Ltd. 100 % Indirect
Dateline Resources Ltd. owns 100% of the Colosseum Gold-REE Project.

Deposit type

  • Breccia pipe / Stockwork
  • Epithermal
  • Hydrothermal

Summary:

The Colosseum project is hosted by Proterozoic granites, gneisses. These were intruded by Tertiary age rhyolitic stocks, dykes and breccias.

The gold mineralisation occurs in a number of different breccia pipes with both sedimentary and volcanic rock fragments. Gold is associated with pyrite within the breccia pipes.

The Colosseum deposit style is a hydrothermal breccia pipe with a combination of epithermal mineralisation at original higher levels and mesothermal mineralisation at the lower levels.

The deposit itself is associated with the emplacement of a breccia complex into Precambrian gneissic basement rocks. The complex is comprised of two felsite breccia pipes that form a northeast-southwest elongate zone, which contains mineralised zones of disseminated auriferous pyrite.

Gold at the Colosseum deposit is generally sub-microscopic and associated with sulphide mineralisation, chiefly pyrite. It occurs as free gold, with minor alloyed silver. Gold is primarily in contact with pyrite, in fractures in the pyrite or along pyrite grain edges. It also occurs as isolated particles in quartz and other gangue minerals but spatially always close to pyrite but rarely as particles encased in euhedral pyrite.

Dimensions
The Mineral Resources have an 800m by 800m surface extent. With two separate bodies 200x200m.

The mineralisation is exposed at surface and the Mineral Resources continue to a depth of approximately 300m below surface at an RL of 1410m.

The lower limit to the Mineral Resource is an arbitrary one being the result of a supplied pit shell from a cursory pit optimisation study. The mineralisation is open at depth and laterally to the southeast, beyond the North Pit zone.

Reserves

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Mining Methods

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Required Heavy Mobile Equipment

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Comminution

Crushers and Mills

Milling equipment has not been reported.

Processing

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Commodity Production

CommodityUnitsAvg. AnnualLOM
Gold koz 71635
All production numbers are expressed as metal in doré.

Operational metrics

Metrics
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Stripping ratio  ....  Subscribe
Waste tonnes, LOM  ....  Subscribe
Ore tonnes mined, LOM  ....  Subscribe
Total tonnes mined, LOM  ....  Subscribe
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* According to 2025 study.

Production Costs

CommodityUnitsAverage
All-in sustaining costs (AISC) Gold USD  ....  Subscribe
C1 cash costs Gold USD  ....  Subscribe
Assumed price Gold USD  ....  Subscribe
* According to 2025 study / presentation.

Project Costs

MetricsUnitsLOM Total
Pre-Production capital costs $M USD  ......  Subscribe
Closure costs $M USD  ......  Subscribe
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Total OpEx $M USD  ......  Subscribe
Gross revenue (LOM) $M USD  ......  Subscribe
Net revenue (LOM) $M USD  ......  Subscribe
After-tax NPV @ 6.5% $M USD  ......  Subscribe
After-tax IRR, %  ......  Subscribe

Personnel

Mine Management

Job TitleNameProfileRef. Date
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Workforce

Aerial view:

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