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DATELINE RESOURCES LIMITED Capital/Financing Update 2019

Aug 13, 2019

64793_rns_2019-08-13_390c2c78-5538-4245-9b55-5e9e5240075d.pdf

Capital/Financing Update

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14 August 2019 Company Announcements Office Australian Securities Exchange Limited Exchange Centre 20 Bridge Street Sydney NSW 2000

Subject : Amended Announcement

On 13 August 2019 Dateline Resources Limited (“the Company” or “Dateline”) did release an exploration update at the Gold Links Project in Colorado, USA.

The Company did receive a request from the Australian Securities Exchange (‘ASX”) in relation to the report’s metal equivalent calculations contained in that exploration update.

To avoid any confusion, Dateline has issued an amended exploration update that retracts any metal equivalent calculations.

John Smith Company Secretary

Dateline Resources Limited (ACN 149 105 653) Level 29, 2 Chifley Square, Sydney, NSW 2000

www.datelineresources.com.au [email protected]

ASX Release 14 August 2019

Amended Exploration Update Gold Links Project, Colorado, USA

Highlights

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  • Extension of the high-grade Sacramento vein at the Gold Links Project confirmed

DATELINERESOURCES LIMITED

(ACN 149 105653) ASX Code:DTR

  • New mineralised structure intersected east of the Sacramento vein

  • 16 holes for 1,630 metres at Sacramento with 13 holes (81%) intersecting gold mineralisation

  • Mineralisation intercepted over 225 metres of strike and 60 metres down dip and remains open in all directions

  • High grade intercepts include:

CAPITALSTRUCTURE

Share Price (13/08/19) $0.004 Shares on issue 8,135million Market Cap $32.5million Unlisted Options 45 million

MAJOR SHAREHOLDERS

Southern Cross Exploration NL 32.5% Mr. Mark Johnson AO 19.6% National Nominees Ltd 15.4%

DIRECTORS & MANAGEMENT

Mark JohnsonAO Chairman Stephen Baghdadi ManagingDirector Greg Hall Non-Executive Director

John Smith Company Secretary

  • 1.75m @ 24.9g/t Au and 153g/t Ag, including 0.5m @ 80.1g/t Au and 489g/t Ag from SAC13;

  • 0.7m @ 18.1g/t Au and 241g/t Ag from SAC16;

  • 0.5m @ 14g/t Au and 94.7g/t Ag from SAC06.

  • Grab samples from a previously inaccessible area at Sacramento yielded results of up to 23.6g/t Au and 301g/t Ag

  • Re-assaying of the 1977 C2 drill hole at Sacramento returned 0.7m @ 47.0g/t Au and confirmed the original C2 intercept of 0.7m @ 35.7g/t Au

  • A further 225 metres of strike at Sacramento is yet to be tested, with follow-up drilling planned

  • A 21 hole, 4,750m drilling program targeting the extension of the 2150 vein at the Gold Links mine has commenced where 2018 results at the 2150 vein included (see ASX DTR Announcement 21 February 2018):

  • 1.9m @ 73.6g/t Au and 482g/t Ag from REY-111;

  • 0.3m @ 205g/t Au and 1200g/t Ag from REY-93;

  • 1.9m @ 26 g/t Au and 48g/t Ag from REY-14.

  • Dateline is fully funded for continued drilling with over A$4.8m cash at bank as at 30 June 2019

Near-term News-flow

  • Results from drilling the 2150 vein located at Gold Links North

CONTACT John Smith Phone: +61 2 9375 2353 Postal Address: P.O. Box 553 South Hurstville NSW 2221 Email: [email protected]

  • Deeper Sacramento vein extension drilling

  • Gold links field program

  • Lucky Strike and Mineral Hill field program

Dateline Resources Limited (ASX: DTR) is pleased to provide an update on the maiden surface drilling program which commenced on June 3, 2019 at the Northern section of the Gold Links project in Colorado, USA.

Managing Director, Mr Stephen Baghdadi commented:

“Phase 1 of this program has confirmed that the Sacramento vein continues below the old workings and identified a previously unknown and unmapped 65 metre altered structure that contains anomalous gold values.

Mineralisation was intercepted in most of the drill holes. Encouragingly, one of the deeper holes had the widest intersection and the highest gold and silver grades. Our confidence that other veins at Gold Links are likely to have similar deeper extensions has increased even further”

ASX Release 14 August 2019

Sacramento Vein Drilling – Gold Links North

The drill program was developed during winter and commenced on June 3, 2019. It was designed to test the down dip extension of the high-grade Sacramento vein. This objective has proven successful.

Sixteen (16) holes were drilled over a strike distance of 225 metres and a dip of 60 metres of which thirteen (13) holes intersected gold and silver mineralisation. Drilling has provided a more detailed understanding of the structural geology of the vein and has enabled Dateline to refine the 3D geological model for deeper drilling.

To date, 1,630 metres have been drilled at the Sacramento and a further 1,500 metres is being planned.

SAC13 hole

  • 1.75 metres 24.9g/t Au and 153g/t Ag which includes a section of 0.5 metres of 80.1g/t Au. and 489g/t Ag.

  • Located 60 metres below the old workings.

  • Deeper drilling of this section is now a high priority.

SAC06 hole

  • 0.5 metres of 14g/t Au and 94.7g/t Ag.

  • Located 20 metres up dip and 38 metres NNE along strike from the intercept in SAC13 .

SAC16 hole

  • 0.7m @ 18.1g/t Au and 241g/t Ag.

  • 146 metres to the south of SAC06.

  • This intercept is within 10m of the 1977 C2 hole that was recently re-assayed by Dateline and returned 0.7m @ 47.0g/t Au.

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The first surface drilling program in over 40 years has successfully demonstrated that the Sacramento vein is open in all directions

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2 | ASX Release 14 August 2019

ASX Release 14 August 2019

New Target

A previously unmapped and unknown area to the east of the Sacramento vein was intersected by RC drilling. The altered zone is 65 metres wide and had several distinct zones of quartz veining, four of which contained anomalous gold values. Follow up drilling will be made to test the area adjacent to this intercept.

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Grab Samples

A previously inaccessible area of the Sacramento underground workings was opened up to allow very limited access to some broken material sitting in a shrink stope. Twenty kilograms of material was collected, samples were sent for assaying, two results have been received to date containing grades of,

  • 23.6g/t Au and 301g/t Ag

  • 16.8g/t Au and 118g/t Ag

Additional results are pending.

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3 | ASX Release 14 August 2019

ASX Release 14 August 2019

2150 Vein Drilling

Drilling of the 2150 vein has commenced. The GL03 hole intersected a highly altered zone with pervasive sulphides. Samples from this section have been sent to the lab and assay results will be available in the coming weeks.

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Images of core from 2150 vein drill hole GL03

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4 | ASX Release 14 August 2019

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----- Start of picture text -----

ASX Release 14 August 2019
Sacramento
Adit
Raymond
Reynolds Adit
Carter
Adit
Adit
Gold Links North Gold Links Centre Gold Links South
This image is intended as a guide only and is not a surveyed map of our true boundaries
----- End of picture text -----

Gold Links North includes Gold Links Centre includes Gold Links South includes
Sacramento Adit Raymond Adit Carter Adit
Sacramento vein 600 vein 100 vein
950 vein 300 vein
Reynolds Adit 1100 vein 800 vein
1200 vein 1200 vein 1320 vein
1740 vein 1700 vein 1440 vein
2100 vein 1800 vein 1480 vein
2150 vein 1825 vein 1550 vein
2200 vein 2457 vein 1925 vein
2600 vein 3300 vein 2385 vein
2800 vein Jessie vein 2500 vein
3300 vein Gold Monument vein 2835 vein
Maggie Mitchell vein 3040 vein
Volunteer vein 3131 vein
Upper Raymond vein 3640 vein
3750 vein
Veins starting with digits represent number of feet from the start of the
portal and were discovered and mapped from inside the adit
4085 vein
4778 vein
4868 vein
Veins that don't start with digits were discovered from surface outcrops 4883 vein
6300 vein
Farleyvein
Only the 2150 vein has been drilled below the valley floor Grand Prize vein
Volunteer vein
Chloride vein

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5 | ASX Release 14 August 2019

ASX Release 14 August 2019

2019 Drill-hole Collar Coordinates

Hole ID Easting Northing Elevation (feet) Total Depth
(feet)
Total Depth
(metres)
SAC02 2695290 1292610 10186.1 363 119.1
SAC03 2695304 1292714 10193.8 335 109.9
SAC04 2695370 1292903 10187.9 322.5 105.8
SAC05 2695455 1293083 10201.1 370 121.4
SAC06 2695339 1292814 10189.2 326.5 107.1
SAC07 2695402 1292988 10190.8 330 108.3
SAC08 2695400 1292989 10191 445 146.0
SAC09 2695458 1293101 10200.8 559 183.4
SAC10 2695301 1292714 10196 54.5 17.9
SAC11 2695369 1292905 10185.4 450 147.6
SAC12 2695332 1292811 10191 358 117.5
SAC13 2695304 1292716 10194 353 115.8
SAC14 2695304 1292379 10133.4 385 126.3
SAC15 2695093 1292604 10083.2 500 164.0
SAC16 2695305 1292378 10134.1 142.5 46.8
GL02 2693993 1292571 9928.5 650 213.3
GL03 2694064 1292625 9974.4 800 262.5

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6 | ASX Release 14 August 2019

ASX Release 14 August 2019

Drill-hole table

Sample_ID Hole_ID Drill Type From (m) To (m) Length (m) Au_ppm Ag_ppm
P359414 SAC13 Core 96.7 97.1 0.5 80.1 489
P359415 SAC13 Core 97.1 97.6 0.5 9.8 61.6
P359416 SAC13 Core 97.6 98.4 0.8 2.06 14.7
P359430 SAC16 Core 31.5 32.2 0.7 18.1 241
P359431 SAC16 Core 40.6 41 0.4 0.377 16.8
P359317 SAC06 Core 90.4 90.9 0.5 14 94.7
P359318 SAC06 Core 90.9 91.4 0.5 11.5
P359319 SAC06 Core 91.4 91.9 0.5 1.71 21.3
P359425 SAC12 Core 101 101.6 0.6 2.16 49.1
P359426 SAC12 Core 101.6 101.9 0.3 8.12 268
P359341 SAC07 RC 88.6 90.2 1.6 0.549 6.79
P359342 SAC07 RC 90.2 91.9 1.6 4.08 47.2
P359390 SAC05 RC 86.9 88.6 1.6 0.377 11.1
P359355 SAC05 RC 101.7 103.3 1.6 0.651 8.66
P359330 SAC03 Core 92.8 93.1 0.3 0.343 10.6
P359331 SAC03 Core 93.1 93.8 0.7 3.12
P359335 SAC03 Core 95.1 95.4 0.3 19.4
P359338 SAC03 Core 97.7 98.1 0.5 4.03
P359323 SAC03 RC 34.4 36.1 1.6 4.33
P359252 SAC02 RC 78.7 80.4 1.6 5.03
P359253 SAC02 RC 80.4 82 1.6 0.343 23.4
P359284 SAC04 RC 68.9 70.5 1.6 3.84
P359274 SAC04 RC 70.5 72.2 1.6 4.29
P359277 SAC04 RC 77.1 78.7 1.6 46.9
P359286 SAC04 RC 78.7 80.4 1.6 4.12
P359288 SAC04 RC 82 83.7 1.6 3.9
P359278 SAC04 RC 83.7 85.3 1.6 0.514 35.4
P359280 SAC04 RC 85.3 86.9 1.6 0.309 10.1
P359346 SAC08 RC 109.9 111.5 1.6 3.63
P359501 SAC14 RC 18 19.7 1.6 3.63
P359502 SAC14 RC 19.7 21.3 1.6 0.309 5.43
P359386 SAC14 RC 32.8 34.4 1.6 3.18
P359516 SAC14 RC 103.3 105 1.6 0.309 4.58
P359401 SAC14 RC 111.5 113.2 1.6 0.274 4.19
P359407 SAC14 RC 119.8 121.4 1.6 0.309 5.35
P359409 SAC14 RC 123 124.7 1.6 0.309
P359432 SAC09 Core 81.2 81.7 0.5 0.309 5.54
P359433 SAC 11 RC 100 101.6 1.6 0.446 16.9
P359518 SAC15 RC 89.7 91.3 1.6 2.91 21.6
SAC 01 Hole abandoned
SAC 10 Hole abandoned

Grab and Channel sample table

Sample_ID Location Sample type Au_ppm Ag_ppm
P358966 Sacramento Grab Sample 23.6 301
P358967 Sacramento Grab Sample 16.8 118
P358963 Sacramento Channel Sample 4.53 116
P358965 Sacramento Channel Sample 2.19 26
P358964 Sacramento Channel Sample 2.02 20.7

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7 | ASX Release 14 August 2019

ASX Release 14 August 2019

Competent Person’s Statement

Exploration information in this announcement is based upon work reviewed by Mr Gregory Hall who is a Chartered Professional of Australasian Institute of Mining and Metallurgy (CP-IMM) and undertaken by L.J. Karr an employee of CRG Mining LLC which is a 100% owned subsidiary of Dateline Resources. Mr Gregory Hall has sufficient experience that is relevant to the style of mineralisation and type of deposit 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’ (JORC Code). Mr Gregory Hall is a nonexecutive Director of Dateline Resources Ltd and consents to the inclusion in the report of the matters based on their information in the form and context in which it appears.

Forward Looking Statements

This Announcement is provided on the basis that neither the Company nor its representatives make any warranty (express or implied) as to the accuracy, reliability, relevance or completeness of the material contained in the Announcement and nothing contained in the Announcement is, or may be relied upon as a promise, representation or warranty, whether as to the past or the future. The Company hereby excludes all warranties that can be excluded by law. The Announcement contains material which is predictive in nature and may be affected by inaccurate assumptions or by known and unknown risks and uncertainties and may differ materially from results ultimately achieved.

The Announcement contains “forward-looking statements”. All statements other than those of historical facts included in the Announcement are forward-looking statements including estimates of Mineral Resources. However, forward-looking statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by such forward-looking statements. Such risks include, but are not limited to, copper, gold and other metals price volatility, currency fluctuations, increased production costs and variances in ore grade recovery rates from those assumed in mining plans, as well as political and operational risks and governmental regulation and judicial outcomes. The Company does not undertake any obligation to release publicly any revisions to any “forward-looking statement” to reflect events or circumstances after the date of the Announcement, or to reflect the occurrence of unanticipated events, except as may be required under applicable securities laws. All persons should consider seeking appropriate professional advice in reviewing the Announcement and all other information with respect to the Company and evaluating the business, financial performance and operations of the Company. Neither the provision of the Announcement nor any information contained in the Announcement or subsequently communicated to any

For more information, please contact:

John Smith Chief Financial Officer +61 2 9375 2353 www.datelineresources.com.au

About Dateline Resources Limited

Dateline Resources Limited (ASX: DTR) is an Australian publicly listed company focused on gold exploration and development at its 100% owned Gold Links project which is in Gunnison County, Colorado, United States of America (Gold Links).

The Gold Links is comprised of several contiguous historic gold mines that have been consolidated by the company. Gold Links has produced in excess of 125,000 oz of high-grade gold (see ASX announcement of 8 February 2019)

Mineralisation can be traced on surface and underground for almost 6km from the northern to the southern sections of the project. Well documented records indicate that there are large areas that remain untested at surface and little to no exploration has been done below the valley floor.

Dateline acquired Gold Links because it believes there is a high probability of known mineralized structures continuing below the valley floor and the discovery of new veins, on this extensive brownfields mining property.

Dateline also owns the Lucky Strike and Mineral Hill permitted gold properties and has recommissioned a gold processing plant located at the Lucky Strike Mine. The Gold Links and the Lucky Strike are located approximately 50km apart

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8 | ASX Release 14 August 2019

JORC Code, 2012 Edition – Table 1 report template

Section 1 Sampling Techniques and Data

(Criteria in this section apply to all succeeding sections.)

Criteria JORC Code explanation Commentary
Sampling Nature and quality of sampling (eg •CRG Mining, LLC undertook 1,630 metres
techniques cut channels, random chips, or of drilling in 16 drill holes. Of this 380 m
specific specialised industry standard were core and 1250 m were reverse
measurement tools appropriate to the circulation (RC). Three channel samples
minerals under investigation, such as and 3 grab samples were also collected.
down hole gamma sondes, or Industry standard core handling and
handheld XRF instruments, etc). sampling procedures were employed to
These examples should not be taken insure high quality samples.
as limiting the broad meaning of •Diamond core sampling was nominally at
sampling. 1.5 m intervals. In zones of broken ground
Include reference to measures taken and mineralisation sample intervals were
to ensure sample representivity and as short as 0.2 m.
the appropriate calibration of any •Potentially mineralized intervals of diamond
measurement tools or systems used. core were identified by geological logging
Aspects of the determination of and were cut lengthways in half with one
mineralisation that are Material to the half retained as a reference sample, and
Public Report. the other dispatched for assay.
In cases where ‘industry standard’ •RC drilling obtained 1.5 m samples from
work has been done this would be which 7kg was split.
relatively simple (eg ‘reverse •Samples from drill holes and channel
circulation drilling was used to obtain samples were sent to Hazen Research,
1 m samples from which 3 kg was Golden, Colorado for sample preparation
pulverised to produce a 30 g charge and assay. Samples were dried, weighed,
for fire assay’). In other cases more crushed to -1mm and split to obtain 100gm.
explanation may be required, such Samples were placed in ring and puck
as where there is coarse gold that grinder to produce 90% minus 200 mesh
has inherent sampling problems. pulp. This material was blended on clean
Unusual commodities or cloth and packaged in paper pulp bags.
mineralisation types (eg submarine Using a pulp balance, a 29.17 gm sample
nodules) may warrant disclosure of was weighted out for traditional fire assay.
detailed information. Samples were analyzed using standard fire
assay for gold and silver.
•All samples followed a strict Chain of
Custody.
•Routine QAQC samples were inserted in
the sample runs at a rate of 10%. The
QAQC material was comprised of Certified
Reference Materials from CDN Resource
Laboratories Ltd. and blank material
(barren granodiorite).
•The sampling procedure is appropriate to
the geology and mineralisation of the
deposit and complies with industry best
practices
Drilling Drill type (eg core, reverse •The drilling program utilized both diamond
techniques circulation, open-hole hammer, coring and RC drilling.
rotary air blast, auger, Bangka, •The diamond drilling was conducted using
sonic, etc) and details (eg core an LF90 track mounted diamond core rig
diameter, triple or standard tube, and an experience diamond driller. It
depth of diamond tails, face- employed wireline core barrels, bottom
sampling bit or other type, whether discharge bits, split inner tubes and HQ3
core is oriented and if so, by what size core (61.1mm).
method, etc). •The RC drilling was conducted with a track
mounted Discovery 2 drill rig utilizing high
pressure and high volume compressed air

Criteria JORC Code explanation

Commentary

and 101mm diameter face sampling percussion hammer. The drilling was completed by an experience RC driller.

Drill Method of recording and assessing •Core was recovered using split inner tubes.
sample core and chip sample recoveries and Each core run was inspected and measured
recovery results assessed. for core recovery length and placed in wax
Measures taken to coated cardboard core boxes for permanent
maximise sample recovery storage.
and ensure representative •Diamond core recovery was measured for
nature of the samples. each run and calculated as a percentage of
Whether a relationship exists the drilled interval. In zones of mineralisation
between sample recovery and grade core recoveries were generally 95 to 100%.
and whether sample bias may have In fresh rock the core recovery was
occurred due to preferential generally 100%.
loss/gain of fine/coarse material. •Bottom discharge bits allow the water to
bypass the core and minimizes erosion of
soft materials. Split inner tubes enable
enhanced core recovery in soft and/or highly
fractured rock. Using this technology gave
excellent core recovery and the ability to
examine the core with no disturbance before
the core was placed in a core box for
permanent storage.
•No quantitative analysis of sample weights,
sample condition, recovery or repeatability
has been undertaken.
•There has been no assessment of core
or RC sample recovery and grade.
Logging Whether core and chip samples •All core and RC samples were geologically
have been geologically and logged. Lithology, veining, alteration,
geotechnically logged to a level mineralisation and weathering are recorded
of detail to support appropriate in the appropriate tables of the drill hole
Mineral Resource estimation, database.
mining studies and metallurgical •Before logging the core, each box was
studies. photographed wet and dry. Geotechnical
Whether logging is qualitative or logging for rock quality and RQD was
quantitative in nature. Core (or completed. The core was logged by the on-
costean, channel, etc) site geologist, and sample intervals selected.
photography. •Geological logging of core and RC samples
The total length and percentage of the is descriptive in nature and both qualitative
relevant intersections logged. and quantitative depending on the features
or parameters logged.
•Geotechnical logging of core is quantitative
and includes RQD measurements and
measuring of structures such as faults and
foliation.
Sub- If core, whether cut or sawn and •Intervals to be sampled were identified by
sampling whether quarter, half or all core the company geologist while logging the
techniques taken. core. Sample intervals were marked with
and sample If non-core, whether riffled, permanent marker in the core boxes and
preparation tube sampled, rotary split, etc sample number tags stapled in each interval.
and whether sampled wet or Samples are placed in a heavy duty cloth
dry. sample bag. Each sample bag was marked
For all sample types, the with permanent marker with sample number,
nature, quality and a sample tag stapled to the bag, and a
appropriateness of the sample sample tag with the corresponding sample
preparation technique. number placed in the bag. Sample bags
Quality control procedures were sealed with draw strings. Samples
Criteria JORC Code explanation Commentary
adopted for all sub-sampling were sent by United Parcel Service (UPS) or
stages to maximise representivity hand delivered by CRG Mining personnel to
of samples. Hazen Research.
Measures taken to ensure that the •Core was cut in half, and one half retained
sampling is representative of the in situ and the other sent for assay.
material collected, including for •RC samples were sub sampled using a rig
instance results for field mounted rotary splitter to produce a split
duplicate/second-half sampling. sample of approximately 7 kg in weight.
Whether sample sizes are appropriate
to the grain size of the material being
sampled.
•The splitter was routinely cleaned at the end
of sampling stages to minimize
contamination of each drill rod (1.5 m) or as
needed.
•Sample size assessment was not conducted
but the sampling size used is typical for gold
deposits.
Quality of The nature, quality and •All samples were assayed by industry
assay appropriateness of the assaying and standard methods by Hazen Research.
data and laboratory procedures used and •Fire assays for gold and silver
laboratory whether the technique is considered were completed using industry
tests partial or total. standard fire assay methodology.
For geophysical tools, spectrometers, •External certified standards and blank
handheld XRF instruments, etc, the material were added to the sample
parameters used in determining the submission.
Acceptable
levels
of
analysis including instrument make accuracy and precision were found.
and model, reading times, calibrations •Hazen included an internal blank and
factors applied and their derivation, etc. duplicate within each batch.
Nature of quality control procedures
adopted (eg standards, blanks,
duplicates, external laboratory checks)
and whether acceptable levels of
accuracy (ie lack of bias) and precision
have been established.
Verification The verification of significant •Sampling, documentation and sample
of
sampling
intersections by either independent submittal were under the guidance and care
and assaying or alternative company personnel. of Leonard J. Karr, certified professional
The use of twinned holes. geologist, CPG #11072 (American Institute of
Documentation of primary Professional Geologists), Project Geologist.
data, data entry procedures, •Intersection assays were documented by
data verification, data storage CRG's professional exploration geologists and
(physical and electronic) verified by CRG's Project Geologist.
protocols. •All assay data were received as CSV files,
Discuss any adjustment to assay data. checked, verified and merged into CRG’s
database.
•Original laboratory data files in CSV and
locked PDF formats are stored together with
the merged data.
•No drill holes were twinned
•No verification of sampling and assaying has
been undertaken.
•No assay adjustment was applied.
Location Accuracy and quality of surveys used to •All drill hole collars were surveyed by a
of data locate drill holes (collar and down-hole licensed surveyor using differential GPS
points surveys), trenches, mine workings and survey equipment. The positions are
other locations used in Mineral accurate to within 10 cm x-y and height (z)
Resource estimation. to +/- 20 cm.
Specification of the grid system used. •The holes are surveyed in the Colorado
Quality and adequacy of topographic State Plane, Central Zone, coordinate
control. system.
•Down hole surveys using a Reflex
Criteria JORC Code explanation Commentary
EZ_TRAC were done on all diamond
drill holes. Surveys were completed
for seven of the fifteen holes.
Data spacing Data spacing for reporting of Exploration •The spacing and location of data is currently
and Results. only being considered for exploration and
distribution Whether the data spacing and resource estimation purposes.
distribution is sufficient to establish the •Drill hole data is currently being evaluated
degree of geological and grade for its appropriateness in estimating a
continuity appropriate for the Mineral mineral resource.
Resource and Ore Reserve estimation •No sample compositing has been applied.
procedure(s) and classifications
applied.
Whether sample compositing has been
applied.
Orientation of Whether the orientation of sampling •Drill holes are planned to drill perpendicular
data in achieves unbiased sampling of or near perpendicular to the known
relation to possible structures and the extent to mineralized structures. This gives a good
geological which this is known, considering the approximation of vein thickness and
structure deposit type. unbiased sampling.
If the relationship between the drilling •Sample orientation is deemed to be
orientation and the orientation of key representative for reporting purposes.
mineralised structures is considered •No bias is considered to have been
to have introduced a sampling bias, introduced by the existing sampling
this should be assessed and reported orientation
if material.
Sample The measures taken to ensure sample •All samples were taken and maintained
security security. under the constant care of CRG Mining
personnel. Samples were either
delivered by UPS or personally by CRG
employees.
Audits or The results of any audits or reviews of •Sampling techniques have been developed
reviews sampling techniques and data. by Dale Sketchley, M.Sc.,
P. Geo. of Acuity Geoscience Ltd.
•No audits or reviews completed.

Section 2 Reporting of Exploration Results

(Criteria listed in the preceding section also apply to this section.)

Criteria JORC Code explanation Commentary
Mineral Type, reference name/number, •All tenements are 100% owned by
tenement and location and ownership including Dateline Resources Limited or a
land tenure agreements or material issues with wholly owned subsidiary and there
status third parties such as joint ventures, exists production based royalties as
partnerships, overriding royalties, previously disclosed to ASX
native title interests, historical sites,
wilderness or national park and
environmental settings.
The security of the tenure held at the
time of reporting along with any
known impediments to obtaining a
licence to operate in the area.
Exploration Acknowledgment and appraisal of •Historical data was completed by
done by other exploration by other parties. several parties over 100 years.
parties •All previous work undertaken by is non-
JORC compliant
Criteria JORC Code explanation Commentary
Geology Deposit type, geological setting and •The Gold Links Project is hosted by an Early
style of mineralisation. Proterozoic assemblage of fine-grained
meta-sediments and interbedded meta-
volcanics. These were intruded by Early
Proterozoic granite, pegmatite and gabbro.
Tertiary age rhyolitic stocks, dikes and sills
intrude the Proterozoic rocks.
•The gold and silver mineralization
occurs in fissure quartz veins. Veins
in the district trend north northeast.
Drill hole A summary of all information material
Information to the understanding of the •See Table 1 within this report for details
exploration results including a of the drill holes and sample locations
tabulation of the following information
for all Material drill holes:
o easting and northing of the drill hole
collar
o elevation or RL (Reduced Level
– elevation above sea level in
metres) of the drill hole collar
o dip and azimuth of the hole
o down hole length and interception
depth
o hole length.
If the exclusion of this information is
justified on the basis that the
information is not Material and this
exclusion does not detract from
the understanding of the report, the
Competent Person should clearly
explain why this is the case.
Data In reporting Exploration Results, •Drill hole intersections are reported above a
aggregation weighting averaging techniques, lower cut-off grade of 0.3 g/t Au and no
methods maximum and/or minimum grade upper cut-off grade has been applied. A
truncations (eg cutting of high grades) minimum intercept 0.2 m applies to the drill
and cut-off grades are usually Material core, and 1.5 m applies to the RC sampling
and should be stated. in the tabulated results presented in the
Where aggregate intercepts main body of this release.
incorporate short lengths of high
grade results and longer lengths of
low grade results, the procedure used
for such aggregation should be stated
and some typical examples of such
aggregations should be shown in
detail.
The assumptions used for any
reporting of metal equivalent values
should be clearly stated.
Relationship These relationships are •Drill holes are orientated to drill
between particularly important in the perpendicular or near to perpendicular to the
mineralisation reporting of Exploration Results. mineralized structures.
widths and If the geometry of the
intercept mineralisation with respect to the
lengths drill hole angle is known, its
nature should be reported.
If it is not known and only the down
hole lengths are reported, there should
be a clear statement to this effect (eg
‘down hole length, true width not
known’).
Criteria JORC Code explanation Commentary
Diagrams Appropriate maps and sections •Supporting figures have been included
(with scales) and tabulations of within the body of this release.
intercepts should be included for
any significant discovery being
reported These should include, but
not be limited to a plan view of drill
hole collar locations and appropriate
sectional views.
Balanced Where comprehensive reporting of •All results have been reported.
reporting all Exploration Results is not
practicable, representative reporting
of both low and high grades and/or
widths should be practiced to avoid
misleading reporting of
Exploration Results.
Other Other exploration data, if meaningful
substantive and material, should be reported
exploration including (but not limited to): geological
data observations; geophysical survey
results; geochemical survey results;
bulk samples – size and method of
treatment; metallurgical test results;
bulk density,
groundwater, geotechnical and
rock characteristics; potential
deleterious or contaminating
substances.
Further work The nature and scale of planned •Future will include drilling the on-strike and
further work (eg tests for lateral down-dip extensions of the Sacramento
extensions or depth extensions or Vein, reopening, mapping and sampling of
large-scale step-out drilling). previously inaccessible underground
Diagrams clearly highlighting the areas workings, surface trenching and surface
of possible extensions, including the mapping and sampling. Both surface and
main geological interpretations and downhole geophysical surveys are under
future drilling areas, provided this evaluation.
information is not commercially
sensitive.