DATELINE RESOURCES LIMITED — Capital/Financing Update 2011

Sep 26, 2011

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Tuesday, 27 September 2011

ASX ANNOUNCEMENT

The Manager Company Announcements Office Australian Stock Exchange Limited PO Box H224 Australia Square SYDNEY NSW 2000

Perth Office Suite 2, Level 3 1292 Hay Street West Perth, WA, 6005

PO Box 1974 West Perth WA 6872 T: +61 (08) 6140 2449 F: +61 (08) 6314 158

CONTO RESOURCES ACQUIRES FURTHER PROSPECTIVE TENURE IN LEONORA REGION

• Two prospecting licences applied for in close proximity to Leonora mining centre

• Project evaluation commencing across both Cardinia bore and the recently applied for Lone Wolf Project

• Evaluating acquisition opportunities within the Leonora Region to enhance project portfolio

Conto Resources Limited (“Conto” or “the Company”) is pleased to announce that a regional targeting and acquisition initiative has been implemented to enhance the current project portfolio. In order to maximise shareholder value Conto is focusing on evaluating resource opportunities both locally and abroad.

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Figure 1- Lone Wolf Project Geology

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ASX Announcement – 27 September 2011

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Project Acquisition- Lone Wolf:

In the process of commencing a regional targeting initiative Conto has identified and applied for two prospecting licenses P37/8113 and P37/8114 covering a total area of approximately 320 Hectares.

A comprehensive project evaluation has commenced to acquire all historical exploration information pertaining to the project. The Company will inform the market of developments as they occur.

-Ends-

For more information:

Tanya Woolley Robert Jewson Company Secretary Non Executive Technical Director (08) 6140 2449 (08) 6140 2449

Competent Person Statements

Technical information in this report has been prepared under the supervision of Mr Jonathan King, a member of the Australian Institute of Geoscientist (AIG). Mr King has sufficient experience which is relevant to the styles of mineralisation under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves” (the JORC Code). Mr King consents to the inclusion in this report of the Information, in the form and context in which it appears.

About Conto

Conto Resources Limited is an Australian-based exploration company established to cost effectively explore its Cardinia Bore Project and actively seek acquisition opportunities.

The Cardinia Bore Project is located approximately 28 km ENE of Leonora in the GoldfieldsEsperance region of Western Australia and consists of 9 tenements covering 1,309 hectares. The region has a long history of gold mining and exploration. For more information, visit www.contoresources.com

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ASX Announcement – 27 September 2011