After converting another tranche options, Dateline Resources MD Stephen Baghdadi has pumped another $277,000 into Dateline, bringing his total personal investment in the company just since June to $1.35m and boosting his stake to 12 per cent of the $1.3b company.

Dateline’s Colosseum project in the USA has driven a market frenzy this year, with punters liking both its gold endowment and its potential for rare earths.

Dateline says its exploration crews onsite are hammering away at the ex-Barrick gold mine in the mineral-soaked Walker Lane trend that is prospective for both gold and rare earths.

Two rigs are currently operational with a third on the way, as targeting of high-priority gold-bearing breccia pipes looks to extend the already substantial 1.1-million-ounce gold resource.

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