Dateline Resources plans OTCQB market listing as US interest in Colosseum mine surges

Dateline Resources (ASX: DTR) is planning to seek an OTCQB market listing on the back of growing US interest in its Colosseum rare earth element (REE)-gold mine and an acknowledgment from US president Donald Trump.

“The Colosseum mine, America’s second rare earths mine, has been approved after years of stalled permitting,” President Trump recently posted in his official Truth Social weekly update.

Dateline said it would pursue OTCQB listing to improve the company’s market access and engagement with US investors.

Significant gold resource

The company has a significant gold asset at Colosseum with a mineral resource of 27.1 million tonnes and 1.1 million ounces.

Dateline has now officially added REE to the company’s exploration field work, targeting carbonatite-hosted systems analogous to those at Mountain Pass, the only operating REE mine in the US.

The US government has welcomed that move, with the Department of the Interior (DOI) and the Bureau of Land Management stating the resumption of mining at Colosseum would support America’s capacity to produce the critical materials needed to manufacture the technologies that will power the nation’s future.

Strategic asset

“The DOI’s confirmation explicitly includes rights to explore for and extract REEs in addition to gold, positioning Colosseum as a strategic asset in the US critical minerals supply chain,” managing director Stephen Baghdadi said.

Dateline has commenced a bankable feasibility study (BFS) at Colosseum, utilising recent drilling, updated pricing and refined mine planning.

The company intends to apply the $1.4 million in proceeds from its recent placement toward the study.

‘Game-changer’ for Colosseum

Mr Baghdadi said the DOI’s attention was a “game-changer for Colosseum’s perception in the US,” leading to a wave of new US shareholders and pushing the company’s social media and investor engagement in the country to an all-time high.

“Aligning our US trading platform via OTCQB is timely, as it caters to this growth in US investor interest,” he added.

Dateline is hoping to finalise the OTCQB listing in early Q3 2025