M&A

Dateline to try its luck with Barrick asset near Las Vegas

US gold aspirant Dateline Resources is set to buy the historical Colosseum gold prospect in California from Barrick Gold for US$2.25 million, including an initial $757,000 that represents the replacement of reclamation bonds.

 Colosseum is southwest of Las Vegas, USA

Colosseum is southwest of Las Vegas, USA

The $1.5 million balance is due upon completion of a bankable feasibility study (or the start of development), with Colosseum reportedly yielding 344,000 ounces of between 1988 and 1993 from a BP Minerals-calculated mining...

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