- Dateline Resources (DTREF, Financial) updates Colosseum Gold Project with enhanced financials due to revised gold price assumptions.
- The project sees a 208% boost in net revenue before tax and a 134% increase in Net Present Value (NPV) to $550 million.
- Internal Rate of Return (IRR) has improved significantly from 31% to 61%.
Dateline Resources (DTREF) has released an updated Scoping Study for its Colosseum Gold Project. The study reflects a revised gold price assumption of $2,900/oz, an increase from $2,200/oz in the October 2024 assessment, due to rising gold prices averaging $3,000/oz in 2025. As a result, the project has witnessed substantial financial improvements including a 208% increase in net revenue before tax.
The Net Present Value (NPV) of the Colosseum Gold Project has jumped to $550 million at a 6.5% discount rate, marking a 134% rise from prior estimations. Additionally, the project's Internal Rate of Return (IRR) has surged to 61%, up from 31%, signaling robust economic potential.
Production parameters remain unchanged, with the mine life set at 100 months and total gold production estimated at 635,000 ounces, averaging 71,000 ounces annually with a 92% recovery rate. The study maintains a +/-35% accuracy level and indicates that 81% of the mill feed in the initial five years come from Measured and Indicated Resources, underscoring its resource confidence.
