The Dateline Resources Ltd share price is flying on Monday morning.
In its latest announcement, Dateline said that the US Government has stepped in to support the company in its ongoing legal battle.
The restriction has been in place since 10 August, following legal action brought by environmental group National Parks Conservation Association.
The next big date to watch is 26 October, when the court is scheduled to hear the applications to suspend the injunction.
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The Dateline Resources Ltd share price is flying on Monday morning.
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The article, shortened and in plain language
The Dateline Resources Ltd share price is flying on Monday morning.
The gold explorer's shares are now up 46.03% to 9.2 cents, after finishing Friday's session at just 6.3 cents.
Much of that decline has come amid legal troubles surrounding its flagship US gold project.
In its latest announcement, Dateline said that the US Government has stepped in to support the company in its ongoing legal battle.
The US Department of Justice has filed a motion asking the court to lift the injunction preventing work at its Colosseum project in California.
The restriction has been in place since 10 August, following legal action brought by environmental group National Parks Conservation Association.
The group is challenging the project's approved plan of operations.
Michael Cadenazzi, Assistant Secretary of War for Industrial Base Policy, has provided a sworn declaration highlighting Colosseum's potential to produce earth elements.
The next big date to watch is 26 October, when the court is scheduled to hear the applications to suspend the injunction.
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