DATELINE RESOURCES LIMITED — Capital/Financing Update 2012

Oct 21, 2012

Perth Office 108 Outram Street West Perth ,WA, 6005

PO Box 1346 West Perth WA 6872

T: +61 8 9476 4500 F: +61 8 6314 1587

E: info@contoresources.com

W: www.contoresources.com

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ASX ANNOUNCEMENT

Monday, October 22, 2012

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

CONTO TO ACQUIRE ADVANCED COPPER-ZINC-SILVER PROJECT IN FIJI

Advanced polymetallic project with JORC resource and significant exploration upside

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• Conto Resources enters into a conditional binding Heads of Agreement to acquire up to 100% of Dateline Resources, owner of the Nukudamu Polymetallic Project, Fiji

• Former Macquarie Bank Deputy Chairman Mark Johnson (AO) to join the Conto Board

• Project contains an Inferred Resource of 4.5 million tonnes at 1.2% Cu; 3.9% Zn; 29g/t Ag and 0.3g/t Au in accordance with the JORC Guidelines

• Resource area was previously mined in the 1960’s with total production reported as 32,435t of material grading 5.9% Cu & 6.7% Zn (Udu Copper Mine)

• Significant drill results include:

• GPDDH2: 3.2m @ 7.07% Cu & 16.82% Zn from 2.3m

• GPDDH2: 33.2m @ 1.58% Cu & 5.2% Zn from 20 m

• GPDDH3: 5m @ 15.04% Cu & 11.14% Zn from 17.8m

• MUHPDDH2: 8m @ 1.87% Cu & 4.98% Zn from 42m

• UDH024: 4.6m @ 6.29% Cu & 8.42% Zn from 30.4m

• UDH030: 12m @ 3.04% Cu & 1.68% Zn from 13.9m

• UDH032: 3m @ 3.92% Cu & 8.71% Zn from 121m

• UDH033: 2m @ 5.43% Cu & 11.72% Zn from 83m

• UDH035: 6m @ 1.65% Cu & 22.1% Zn from 40m

• UDH038: 2.6m @ 12.82% Cu & 1.41% Zn from 21.4m

• UDH038: 4m @ 4% Cu & 30.32% Zn from 32m

• The mineralisation comes with gold (Au) and silver (Ag) credits

• Extensive geological database of:

• 37 Diamond drillholes for 3,716m, 2,187 Soil geochemical samples, 3D IP/Resistivity survey, ground EM, 500 line km of VTEM

• Experienced in-country management team with considerable experience operating in Fiji

• Conto is fully funded, with A$3.7m, to complete the initial drill program across the Project

• Conto cash backing per share is 12.2 cents per fully paid ordinary share

Conto Resources Limited

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Acquisition of Advanced Nukudamu Polymetallic Project

The Board of Conto Resources Limited (ASX: CNO ) ( Conto or the Company ) is pleased to announce that the Company has entered in to a conditional binding heads of agreement to acquire up to 100% shareholding in Dateline Resources Limited (ACN 152 582 217) ( Dateline ).

Dateline, through its wholly owned subsidiary Matai Holdings (Fiji) Limited ( Matai ), a Fijian incorporated private company, owns the Nukudamu Polymetallic Metal Project ( Nukudamu ).

Nukudamu is situated on three (3) contiguous Special Prospecting Licenses ( SPLs ) on Vanua Levu Island, the second largest island in the Republic of Fiji.

Nukudamu comprises the Udu Deposit located on the site of a previously mined open pit polymetal mine and both advanced and greenfield’s exploration targets in the surrounding SPLs.

The Nukudamu Polymetallic Project has an Inferred Resource of 4.5 million tonnes at 1.2% Cu, 3.9% Zn, 29g/t Ag and 0.3g/t Au in accordance with the JORC Guidelines.

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Commenting on the proposed acquisition, Conto’s Chairman Mike Ralston stated, “The Nukudamu project represents an exciting opportunity to acquire an advanced polymetallic project with significant exploration potential. The project team has considerable experience in operating in Fiji and has been with the project since 1996, representing a substantial achievement of exploration success. With cash reserves of approximately A$3.7m and cash backing per fully paid ordinary share at 12.2 cents, the company retains sufficient cash to meet its exploration commitments at its Projects.”

Conto Resources Limited (ASX:CNO)

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About Dateline

Dateline holds a 100% beneficial interest in and is the legal owner of 99.9995% of the shares in Matai, a Fijian incorporated private company with exploration and development activities located on the far northeast of Vanua Levu Island, the second largest of the islands in the Republic of Fiji.

Matai was incorporated in Fiji in 1996 as a private mineral exploration company and has spent approximately A$4.5M on exploration and development activities on the Nukudamu Project.

Persuant to the Agreement, the Company and the shareholders of Dateline intend to establish an incorporated Joint Venture to explore the Nukudamu Project.

Dateline is wholly owned by Mr Mark Johnson, a Fijian born resident of Australia. Mr Johnson was formerly the Deputy Chairman of Macquarie Bank Ltd and was the second longest serving member of the Macquarie Bank Board. Mr Johnson is one of the most accomplished and experienced corporate advisers in Australia having joined Macquarie Bank’s predecessor, Hill Samuel, in 1971 as Joint Managing Director with Mr David Clarke.

Subject to shareholder approval, Mr Johnson will be appointed to the Board of the Company in the capacity of Executive Chairman. Mr Johnson is also the Chairman of Alinta Energy and an Independent Director of ASX Listed Westfield Group (ASX:WDC).

The Nukudamu Project

Location and Access

The Nukudamu Project is located approximately 70km north east of Labasa, the largest town on the island of Vanua Levu, Fiji. Access to the project area is via boat from Labasa. Footpaths and logging tracks exist across the project area.

Resources

An Inferred Resource of 4.5 million tonnes at 1.2% copper ( Cu ), 3.9% zinc ( Zn ), 29g/t silver ( Ag ) and 0.3g/t gold ( Au ) in accordance with the JORC Guidelines has been estimated for the project area, located in the vicinity of the historical open pit Udu Copper Mine.

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Secondary copper mineralisation in Udu open pit (Malachite+Azurite)

Conto Resources Limited (ASX:CNO)

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A total of 37 diamond drill holes have been completed across the Nukudamu Project area, consisting of:

• 21 HQ diamond drill holes for 2,066.6m of drilling by Matai in 2008 (UDH020-040);

• 12 PQ diamond drill holes for 1,427.4mof drilling by Matai in 1997 (MUHPDD1-12); and

• 4 HQ diamond drill holes for 222.8m of drilling by Geopacific in 1990 (GPDDH1-4).

• All drill holes were used in the current resource estimation.

Recent drill holes (UDH020-040): were located using a hand held GPS (UTM WGS84, Zone 60); surveyed using an Eastman single shot downhole survey camera at approximately 30m intervals; and, comprised of angled holes (generally -60[o] ) orientated to approximately 319[o] magnetic, so as to be close to orthogonal to the mineralisation as possible. The drilling has an approximate section spacing of 80m over a strike length of 650m, with holes at intervals of approximately 40m per section. Historical holes that could be located were picked up using hand held GPS.

Density data was collected from the drill core by physically measuring segments of half core with engineering calipers, then weighing the core.

The resource estimation was undertaken using classical end area sectional techniques due to the relatively wide spacing of drilling and complexity of the mineralisation. Outlined mineralised blocks were projected half of the distance between each drill section and half the distance between adjacent holes on each section. Mineralised drill intersections, which form the interpreted mineralisation blocks, were composed on the basis of a lower cutoff of 0.5% Zinc, with up to 2m of continuous internal dilution included within the composite. Copper, lead, gold, silver and arsenic grades were composited over the same intervals.

Mineralisation has been extrapolated from surface to a maximum depth of 100m below the surface.

Significant potential for resource growth remains in the recently modeled, scantly drill tested, mineralised footwall strata. A subtle soil anomaly associated with this zone lies on the northern side of the resource. Additional mineralisation potential lies along strike to the north east and within the immediate vicinity of the Udu mine area as indicated by coincident geochemical and VTEM anomalies.

Exploration Targets

The target mineralisation style is similar to the VMS copper/zinc mineralisation found at the Udu Mine. Typically this style of mineralisation occurs in clusters and additional mineralisation is likely to be hosted in basin sediments which broadly trend south west from the mine area, and beneath a covering blanket of ignimbrite rock.

Potential disseminated mineralisation that might be associated with a larger porphyry body at depth forms a secondary target. The presence of a deeper porphyry stock from which mineralisation in the mine area might be sourced, is suggested by the significant magnetic low immediately south of the mine area, which has also been identified in mapping.

A later market announcement will discuss the imminent drilling of three additional regional targets.

Conto Resources Limited (ASX:CNO)

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Mineralisation

The Udu Deposit is a hybrid VMS system wherein both low and high sulphidation styles of mineralisation are recognised. These styles represent two stages of mineralisation within an evolving hydrothermal system in an emerging basin environment. The mineralisation is hosted in a sequence of felsic dominated sediments which were largely sourced from an adjacent porphyry which was intruded and unroofed during basin development.

Low sulphidation mineralisation is comprised of zinc rich massive sulphide (with subsidiary copper, lead, silver and gold) with abundant barite. It occurs as a series of lenses that span the deposition of the host basin sequence. It contains low iron sphalerite and crystalline barite and is consistent with a low temperature sea floor exhaliative origin.

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Stratabound low sulphidation massive sphalerite (UDH035: 45m)

Structurally controlled copper rich high sulphidation mineralisation (with subsidiary zinc, silver and gold), occurs in dilational zones and cross cuts the stratigraphy. Some associated strata bound mineralisation is interpreted to be the result of fluids leaking into surrounding permeable stratigraphy.

The two mineralisation systems spatially and temporally overlap, with the low sulphidation zinc mineralisation generally pre dating the structurally hosted high sulphidation mineralisation, which may in part have remobilised the earlier low sulphidation mineralisation.

Historical Exploration

Between 1986 and 1991 the Udu Mine was held under SPL by Geopacific Limited (Geopacific), who explored the area mainly for its gold potential. Geopacific mapped and sampled gossans and drilled four diamond drillholes within and adjacent to the open pit.

Conto Resources Limited (ASX:CNO)

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Recent Exploration

Matai Holdings applied for a Special Prospecting Licence ( SPL ) over the Udu Mine area in 1995 (SPL1387) which was granted in 1996. Two additional licences SPL 1396 and SPL 1494 were applied for and granted in 1998 and 2012 respectively.

Geophysics

An Induced Polarisation ( IP ) and resistivity survey was conducted in 2003. The survey produced chargeability high and a small resistivity low over the open pit area. Drilling subsequently completed over these targets suggests that the chargeability high is associated with low sulphidation zinc mineralisation, and the resistivity low associated with the high sulphidation mineralisation.

In addition the survey detected a moderate chargeability high and adjacent resistivity low to the west of the open pit, in an area known as Mikeles Ridge. Both anomalies are beneath ignimbrite rocks which blanket this area and mask any geochemical signature at surface.

Geochemistry

Soil geochemistry has been conducted to the south and east of the mine area. Additional soil sampling has been conducted on regional traverse lines elsewhere within the project.

Gridding and sampling across the Udu Mine and near mine area was conducted on 100m spacing, with infill lines of 50m spacing across areas of interest.

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Zinc Soil Sampling Results

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Copper Soil Sampling Results

Drilling

Matai have conducted two programmes of diamond drilling in the Udu Mine area.

The initial programme in 1997 comprised 1,427m in 12 vertical, PQ triple tube holes (MHUPDD0112). The drilling was largely designed to test for significant southern extensions to the mineralisation;

• A subsequent 2008 drill programme comprised 2,066m of HQ triple tube drilling in 21 holes (UDH020-40). The drilling comprised of angled holes (generally -60º to grid 330º) surveyed in 25m increments. The drilling was dual purpose to better understand the geology and mineralisation and to promote the preparation of a resource estimate.

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2008 Drilling (UDH027)

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The 2008 drilling was geotechnically and geologically logged prior to intervals being selected for sampling. In general sample intervals of 1m were used. The core recovery for each individual sample interval was recorded in the drilling database.

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Collar Location Plan

About Fiji

Geography

Fiji is an archipelago of more than 320 islands, atolls and islets with a total landmass of 18,274 square kilometres in the southwest Pacific. Its geographic location and size has long made Fiji a transportation and communications hub for the South Pacific islands, including being an ethnically and culturally diverse population.

Economy

Fiji is one of the most developed of the South Pacific economies with natural resources in arable land, forestry, minerals, and fisheries. Fiji has been an independent country since October 1970 when it ceased being a British colony. Its legal system reflects this colonial heritage being based on British common law. Many of its commercial statutes are modelled on Australian, English and New Zealand legislation for precedents and practice.

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Political Status

Despite its developing state status, Fiji is the leading independent country within the Pacific Islands region in terms of its civil service, economic development, and state capacity. It has a well-developed legal system and police service necessary for effective domestic law and order. These have remained remarkably intact despite the episodic political instability at the apex of the governance process Fiji has exhibited from time to time.

Fiji has been governed since December 2006 by a military appointed government headed by Prime Minister Frank Bainimarama. The Bainimarama Government abrogated the 1997 constitution and in July 2009 issued a five-year plan known as the “Roadmap” for returning Fiji to a parliamentary democracy. Under this plan, the Government has scheduled elections for September 2014.

The Bainimarama Government has adopted a national development strategy that seeks to promote economic growth outside the Suva-Nausori corridor on Viti Levu. This has been a key Government focus. In addition, the Government stated in mid-2011 that they aim to make mining a major source of income (equalling sugar and tourism). These have provided a positive climate for investment in Vanua Levu and the outlying islands.

On July 30, 2012 Australia and New Zealand moved to restore ties with Fiji agreeing to restore high commissioners between the three countries.

Transaction Details

The Company, Dateline and the Dateline shareholders have conditionally agreed to enter into an incorporated joint venture ( Joint Venture ) for the purposes of exploring for minerals in the area covered by the SPLs ( Project ) and pursuant to which the Company has the right to acquire up to a 100% interest in Dateline.

Completion of the transaction contemplated by the heads of agreement ( Transaction ) is subject to satisfaction (or waiver) of a number of conditions precedent ( Conditions Precedent ) including:

• I. each of Conto and Dateline receiving all necessary third party, regulatory and shareholder approvals (including consents and approvals ;

• II. each of the Company and the shareholders of Dateline completing and being satisfied with their due diligence investigations on Dateline and Conto, respectively, to their absolute discretion;

• III. Conto’s shareholders approving the appointment to the Company’s Board of Directors of a nominee of the Dateline Shareholders (other than CNO); and

• IV. the Company, Dateline and the Dateline shareholders executing a full form legally binding subscription and shareholders agreement to govern the Joint Venture and their relationship as shareholders in Dateline.

The Joint Venture will commence immediately following satisfaction (or waiver) of the Conditions ( Commencement Date ). Complete details of the terms of the Transaction will be set out in the Notice of Meeting to be issued to the Company’s shareholders.

First Farm-in

The Company intends to earn an initial 10% shareholder interest in Dateline ( Shareholder

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Interest ) ( First Farm-in Interest ) by contributing up to A$450,000 towards an already commenced drilling programme of approximately 10-15 holes totaling 1,000m – 1,500m in depth by 31[st] December 2012( First Farm-in Period ) ( Phase 1 Exploration Programme ).

Upon completion of the Phase 1 Exploration Programme the Company may:

• a) elect to cease sole funding exploration, in which case it will retain its shareholder interest earned as at the end of the First Farm-in Period; or

• b) continue sole funding exploration, in which case, the Second Farm-in Period (defined below) will commence.

Second Farm-in

The Company may subscribe for up to a further 40% shareholder interest in Dateline ( Second Farm-in Interest ) by electing to sole fund a further exploration programme following completion of the Phase 1 Exploration Programme ( Phase 2 Exploration Programme ).

Funding for the Phase 2 Exploration Programme will comprise 4 quarterly payments made in advance of each quarter ( Payment Period ), commencing immediately after the completion of First Farm-in Period ( Second Farm-in Period ). Each payment will be of an amount determined under an agreed budget and totalling $3 million in aggregate across the entire Second Farm-in Period.

The Company is entitled to elect whether to continue sole funding exploration at the end of each Payment Period during the Second Farm-in Period. At the end of each Payment Period during the Second Farm-in Period, the Company will earn a further 1% shareholder interest in Dateline for every $75,000 paid by the Company to Dateline, up to a maximum of 30% in the form of ordinary Dateline shares and following this a further 10% in the form of non-voting Dateline shares.

Upon completion of the Second Farm-in Period ( Second Earn-in Date ), and assuming the Company has paid the full $3 million, the Company’s shareholder interest in Dateline will comprise a 40% voting interest and a 10% non-voting interest (a 50% aggregate Shareholder interest).

Acquisition of 100% Shareholder Interest

If the Company has completed the acquisition of an additional 40% Shareholder Interest during the Second Farm-in Period (to take its total Shareholder Interest to 50%) and either:

• I. an independent expert has confirmed that at least 200,000 tonnes of contained copper (or equivalent) at a grade of greater than 2% copper equivalence has been delineated at the Project; or

• II. in the Company’s opinion, another equally commercially valuable resource has been, or is likely to be, delineated at the Project,

then the Company may, within 30 days of the end of the Second Farm-in Period, elect to acquire the remaining 50% shareholder interest in Dateline not owned by the Company ( Remaining Shareholder Interest ), but is not obliged to do so.

Conto Resources Limited (ASX:CNO)

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The consideration for the acquisition of the Remaining Shareholder Interest will comprise the issue, to the remaining Dateline Shareholders in their respective proportions, of:

• I. 30,400,000 new fully paid ordinary Company shares ( CNO Shares ) at a deemed issue price per Ordinary CNO Share equal to the volume weighted average price of CNO Shares as traded on ASX for the 30 trading days immediately prior to the issue date ( Consideration Shares );

• II. 750,000 options to acquire new CNO Shares ( CNO Options ) exercisable at $0.20 each on or before 1 April 2014, and otherwise on the same terms as the options with the same expiry date that the Company currently has on issue ( Class A Consideration Option s); and

• III. 4,000,000 CNO Options exercisable at $0.20 each on or before 31 May 2014, and otherwise on the same terms as the options with the same expiry date that the Company currently has on issue ( Class B Consideration Options ).

The Consideration Shares, Class A Consideration Options and Class B Consideration Options together form the Consideration Securities .

Board Representation

It is currently intended that Mr Mark Johnson will be appointed as Executive Chairman of the Company. In addition, the Company will be entitled to appoint 2 directors to the Dateline board (one of whom will be Mark Johnson) and will retain that right while it is sole funding the Phase 2 Exploration Programme.

Shareholders Agreement

One of the agreements that the Company, Dateline and the Dateline shareholders will be required to enter into as a condition precedent to the Transaction is a shareholders agreement in respect of Dateline. This will include provisions dealing with, amongst other things, the agreement for the management of Dateline.

General Meeting

The Transaction is conditional upon the Company gaining Shareholder approval . The Board has engaged an independent expert to report on the Transaction and expects to dispatch a Notice of Meeting for a general meeting of the Company’s shareholders to vote on the Transaction, expected to be held before the end of 2012.

Further details will be set out in the Notice of Meeting to be issued to the Company’s shareholders when seeking approval for the Transaction. The Company will continue to provide regular updates to the market with the progress of the transaction and the outcomes of the legal and technical due diligence.

Existing Projects

Lone Wolf and Cardinia Bore Projects

The Lone Wolf and Cardinia Bore Projects are located north-east of Leonora within the North Eastern Goldfields region of Western Australia.

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As outlined in the Company’s 2011 IPO Prospectus, the Company entered into an option and farm-in agreement to acquire up to an 80% interest in the Cardinia Bore Project. Complete details on the farm-in agreement can be found in the Company’s IPO Prospectus on ASX and the Company’s website.

The Lone Wolf Project licence areas were granted in June 2012, and available historical reports identified a number of significant drill intercepts of gold mineralisation, including drilling intercepts of up to 6m @ 3.35g/t Au. The limited, wide spaced drilling outlined a continuous mineralised strike of 830m.

Exploration Programme – Existing Projects

A Mobile Metal Ion ( MMI ) and rock chip sampling work programme conducted at the Cardinia Bore Project defined numerous low level anomalies of limited areal extent, not warranting further investigation at this point in time. On-ground inspection of the mineralisation indicated that the vein widths at surface were of limited width and extent.

A work program to investigate the potential of the Lone Wolf Project is currently being conducted to investigate extent of mineralization and determine further work to be conducted across the project.

In light of the recent results at the Cardinia Bore Project, all work has been postponed until the completion of the initial phase of field based reconnaissance and target ranking at the Lone Wolf Project.

The Company is investigating additional tenement acquisition opportunities in the vicinity of the Cardinia Bore Project that demonstrate higher prospectivity.

Cash Position

The Company’s cash position as at 30 September 2012 was $3,715,820. It is proposed that the Company’s estimated expenditure from those funds over the following quarter to 31 December 2012 (the end of the First Farm-in Period) ( Q4, 2012 ) will be as set out in the table below:

Item	Amount (A$)
Estimated costs of the Transaction	100,000
Cardinia Bore Project	6,250
Lone Wolf Project	75,000
Nukudamu Project	450,000
Corporate administration	110,000
Working capital*	2,974,570
TOTAL	3,715,820

*Allocation of working capital beyond Q4, 2012 will be determined following review of exploration results.

Following review of the results from Company’s activities on the Lone Wolf and Cardinia Bore Projects and the Nukudamu Project (including results from the Phase 1 Exploration Programme) during Q4, 2012, the Company will determine whether or not to continue sole funding the Nukudamu Project and will review its planned expenditure on all assets for the following quarter.

Conto Resources Limited (ASX:CNO)

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About Conto Resources Limited:

Conto Resources Limited is an Australian-based exploration company that was initially established to acquire, explore, evaluate and exploit gold deposits at its at its Lone Wolf & Cardinia Bore Projects and explore prospective gold tenements and other minerals.

In addition to seeking to earn in to the Cardinia Bore Project and explore the Lone Wolf Project and as outlined in the Company’s Prospectus, the Company intends to pursue new projects in the resources sector, both in Australia and overseas, by way of acquisition or investment.

These projects may include other types of minerals including, without limitation, coal, iron ore, copper, gold, manganese, tin, nickel, potash and tungsten.

For more information, visit www.contoresources.com

Tanya Woolley Company Secretary T: +61(0) 8 9476 4500 F: +61(0) 8 6314 1587 E: info@contoresources.com

Competent Person Statements

The technical information in this report that relates to Exploration Results and Mineral Resources is based on information compiled under the supervision of Mr Jonathan King, a member of the Australian Institute of Geoscientist (AIG). Mr King, a fulltime employee of Weston Consultancy Group Pty Ltd, a private geological/geochemical consultancy, has sufficient experience that 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.

Conto Resources Limited (ASX:CNO)

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Appendix 1: Significant Drilling Results

Hole	Easting	Northing	Azimuth	Dip	Total Depth	From	To	Interval	Au g/t	Ag g/t	Cu%	Zn%
GPDDH1	816855	8210333	312	-65	50.6	23.1	34.45	11.35	0.46	43	1.28	2.20
GPDDH2	816732	8210310	131	67	74	2.3	5.5	3.2	2.75	132	7.07	16.82
				-		20	53.2	33.2	0.18	33	1.58	5.20
						9.3	13.8	4.5	0.334	29.5	1	3.74
GPDDH3	816782	8210261	312	-66	60.6
						17.8	22.8	5	0.53	272	15.04	11.14
	816747	8210271	0	-90	37.6	7.95	29.25	20.8	0.22	56	3.15	1.03
						15	16.5	1.5	0.26	74	7.06	0.08
GPDDH4					Including
						20	25	5	0.32	90	5.66	0.18
	816747	8210271	0	-90	37.6	32	35	3	0.12		2.12	4.27
MUHPDDH1	817119	8210421	0	-90	89			No Significant Intercepts
	817133	8210421	0	-90	65.75	42	50	8	0.40	41	1.87	4.98
MUHPDDH2
					Including	42	44	2	0.19	21	4.16	6.875
MUHPDDH3	817094	8210336	0	-90	171.7	34	37	3	0.12	4.67	2.02	0.10
MUHPDDH4	817004	8210269	0	-90	121.8			No Significant Intercepts
MUHPDDH5	816966	8210327	0	-90	132	115	116	1	0.32	9	2.57	0.62
MUHPDDH6	817066	8210390	0	-90	132.4			No Significant Intercepts
						23	24	1	0.42	92	1.07	3.88
MUHPDDH7	817220	8210444	0	-90	75.5
						70	71	1	0.06	18	2.4	0.10
						36	37	1	0.11	16	1.08	8.40
MUHPDDH8	817175	8210504	0	-90	141.1
						38	39	1	0.61	28	1.16	3.28
MUHPDDH9	817335	8210474	0	-90	75.6			No Significant Intercepts
MUHPDDH10	816664	8210039	0	-90	155.7			No Significant Intercepts
MUHPDDH11	816583	8209884	0	-90	155.1			No Significant Intercepts
MUHPDDH12	817150	8210388	0	-90	115.8	78	79	1	0.10	9	0.28	4.24
						42	43	1	0.11	16	14.08	0.53
UDH020	816680	8210370	341	-60	117.4
						57	58	1	0.43	92	0.34	6.09
UDH021	816597	8210231	341	-60	118.9			No Significant Intercepts
UDH022	816874	8210034	322	-60	120.9			No Significant Intercepts
UDH023	816815	8210178	341	-60	97.9			No Significant Intercepts
	816787	8210218	341	-60	104.9	15.4	22.4	7	0.81	17	3.16	1.14
					Including	20.9	21.9	1	0.85	25	6.63	1.94
UDH024	816787	8210218	341	-60	104.9	30.4	35	4.6	0.25	123	6.29	8.42
					Including	30.4	33	2.6	0.31	173	7.5	14.49
	816787	8210218	341	-60	104.9	39	40	1	0.1	27	6.99	0.87
UDH025	816894	8210223	341	-60	64.4			No Significant Intercepts
UDH026	816758	8210197	319	-60	45.4			No Significant Intercepts
UDH027	816760	8210197	341	-60	21.3			No Significant Intercepts
	816868	8210337	319	-60	120.7	24.3	30.3	6	0.70	75	4.34	3.61
UDH028
					Including	25.3	27.3	2	0.90	41	8	0.86
UDH029	816847	8210367	318	-60	102.4			No Significant Intercepts

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Hole	Easting	Northing	Azimuth	Dip	Total Depth	From	To	Interval	Aug/t	Ag g/t	Cu%	Zn%
						13.9	25.9	12	1.01	37	3.04	1.68
UDH030	816962	8210401	318	-60	69.4
						36.4	39	2.6	0.44	25	3.53	1.83
UDH031	816977	8210355	319	-60	105.4	67.9	69.4	1.5	0.65	37	3.85	0.35
UDH032	817099	8210330	315	-60	182.9	121	124	3	0.62	136	3.92	8.71
						83	85	2	0.63	107	5.425	11.72
UDH033	817096	8210381	328	-60	121.9
						87	88	1	0.28	31	4.81	2.12
UDH034	817077	8210419	318	-60	82.9			No Significant Intercepts
UDH035	816997	8210410	318	-60	73.9	40	46	6	0.21	127	1.65	22.1
UDH036	816956	8210303	318	-60	178.9	106	107	1	0.10	11	0.99	6.12
UDH037	817159	8210516	319	-60	48.4	7.9	9.4	1.5	0.30	47	1.68	8.26
						21.4	22.9	2.6	0.30	16	12.82	1.41
UDH038	817191	8210483	319	-60	78.9
						32	36	4	1.12	193	4.00	30.32
UDH039	817017	8209982	319	-60	106.9			No Significant Intercepts
UDH040	816832	8210269	318	-60	102.9	24.4	25.9	1.5	0.36	90.9	0.15	16.82

All coordinates are reported in UTM-WGS84 Zone 60. Holes UDH020 to UDH040 were sampled and half core was sent to Genalysis Perth for assay. Samples were pulverised to 90% passing - 80#. Gold was determined by 50g Fire Assay (0.01ppm), Silver was determined by multi acid digest with ICP finish (0.1 ppm), Copper & Zinc was determined by Flame Absorption Spectrometry (1ppm).

Conto Resources Limited (ASX:CNO)

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