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DATELINE RESOURCES LIMITED Capital/Financing Update 2014

Jul 6, 2014

64793_rns_2014-07-06_448a7dd7-e0f1-40f9-9672-1a72fc4f8810.pdf

Capital/Financing Update

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Dateline Resources Limited Level 4, 20 Loftus Street Sydney NSW 2000 T: +61 2 8231 6640 F: +61 2 8231 6487 www.datelineresources.com.au [email protected]

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**Dateline

Resources Limited (ACN** 149 105 653 )

**ASX

Code: DTR**

**Investment

Highlights**

  • Australian, ASX listed, copper exploration and development company focussed on Fiji.

  • JORC Inferred resource 4.53mt at 1.2% Cu, 3.9% Zn, 0.26g/t Au and 29g/t Ag. From surface to 100m depth.

  • A number of near surface exploration

    • targets, similar in nature to the resource.
  • Field exploration and a 3D IP program have identified a porphyry copper target at Nagasauva.

  • 100% owned project portfolio.

**Capital

Structure**

  • 68.8 million ordinary shares

  • 45% of capital held by Directors and Management

**Directors

& Management**

Mark Johnson AO Chairman

Steve Gemell

Non-­‐Executive Director

George Niumataiwalu Non-­‐Executive Director

Stephen Baghdadi

Non-­‐Executive Director

John Smith Company Secretary

Stewart Capp Exploration Manager

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Contact:

**John

Smith**

Phone: +61 2 8231 6640 Fax: +61 2 8231 6487 Postal Address: P.O. Box 553 South Hurstville NSW 2221 Udu Project Fiji [email protected]

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**EXPLORATION

UPDATE 7[th] July 2014**

Dateline Resources Limited (“the Company” or “Dateline”) is pleased to present its exploration plans for the second half of 2014.

Highlights

**Udu

Project Fiji**

  • Ø The Company has undertaken a complete review of its strategic focus to better accommodate the current market conditions.

  • Ø Dateline’s technical team have identified additional porphyry copper exploration targets over a strike length of 20 kilometres within the Company’s permits and applications.

  • Ø The company believes the Udu project may be host to a previously unrecognised Porphyry Copper Province

  • Ø New exploration licence applications have been submitted covering 8,868 hectares for an additional 15 kilometres of strike of the porphyry belt.

  • Ø The near term focus to be on regional exploration for porphyry copper systems with a view to defining a new and historically under explored porphyry copper province.

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Exploration Update, 7[th] July 2014

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Dateline’s near term strategy and work program for the Udu Project will focus on building on the company’s regional geological database to assess the extent of porphyry copper systems which appear to underlie the VMS/epithermal mineralisation at Nukudamu.

Earlier in the year the company completed additional processing of the regional aero-­‐magnetics data in order to identify additional porphyry copper exploration targets with similar magnetic properties to the Nagasauva exploration target.

Some of these exploration targets are associated with historical stream sediment samples, anomalous in copper. In addition this program identified a number of additional targets along a narrow belt over a strike of 35 kilometres which the Company believes could be a previously unrecognised porphyry copper belt.

The exploration targets with affinities to the Nagasauva Porphyry Copper exploration target were identified (Figure 1), both within and adjacent to the company’s current tenure, which prompted applications to be made for two areas totalling an 8,868 hectares to the east and west of the current tenements (Figure 2).

The combination of ground work, 3DIP and other data has indicated possible extensive porphyry occurrence on the company’s tenements. The board views the most economical use of limited financial resources over the next several months is to conduct advanced geochemical and supporting work aimed at further delineation of the porphyry occurrences. Given the specialised technical skills and substantial financial resources required for porphyry exploration and development, DTR will work towards a joint venture or other corporate arrangements with appropriate partners.

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Exploration Update, 7[th] July 2014

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Figure 1: Reprocessed aero-­‐magnetics data and porphyry copper exploration targets

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Figure 2: Tenement Applications location plan – CX814 andCX815

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Exploration Update, 7[th] July 2014

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About Dateline Resources Limited:

Dateline Resources Limited is an Australian-­‐based mineral exploration company with exploration projects in Australia and the Republic of Fiji.

The Udu Polymetallic Project in Fiji hosts an Inferred Resource of 4.53mt at 1.2% Cu, 3.9% Zn, 29g/t Ag and 0.26g/t Au in accordance with JORC 2012 Guidelines.

The Company plans to focus on exploration and development of the Udu Project and pursue base metals opportunities in Australia and the South Pacific.

For more information, visit .www.datelineresources.com.au

John Smith Company Secretary Ph : +61 2 8231 6640 Fax +61 2 8231 6487 Email : [email protected]

**Competent

Person Statement**

The information in this report that relates to exploration results and mineral resources for the Udu Project is based on information compiled by or work carried out under the supervision of Mr Stewart Capp. Mr Capp is a fulltime employee of Matai Holdings (Fiji) Ltd, a subsidiary of Dateline Resources, Mr. Capp 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 2012 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves” (the JORC Code). Mr Capp is a member of the Australian Institute of Mining and Metallurgy (AusIMM). Mr Capp consents to the inclusion in this report of the information, in the form and context in which it appears.

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