DATELINE RESOURCES LIMITED — Capital/Financing Update 2021

Dec 14, 2021

ASX Release

DATELINE RESOURCES LIMITED

(ACN 149 105 653) ASX Code: DTR

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94g/t gold and 89g/t silver intersected at Gold Links

Highlights

• High-grade gold intersections up to 94.34g/t gold and 89g/t silver intersected at Gold Links as part of the underground drilling program

• Assay results from two holes received are:

• CRG21-028: 1 .0m @ 11.78g/t Au & 40.8g/t Ag inc. 0.45m @ 25.89g/t Au and 40.8g/t Ag

CAPITAL STRUCTURE

Share Price (14/12/21) $0.077 Shares on issue 438 million Market Cap $33.7 million

• CRG21-032: 2.0m @ 8.54g/t Au & 13.3g/t Ag inc. 0.1m @ 94.34g/t Au and 89g/t Ag and 0.3m @ 14.61g/t Au and 17.38g/t Ag

• Results are in line with grade and width expectations for the 2150 vein

• Further results pending

MAJOR SHAREHOLDERS

Dateline Resources Limited (ASX: DTR) ( Dateline or the Company ) is pleased to announce high-grade gold intersections returned as part of a 4,000-metre underground drilling program at the Gold Links Gold Project, located in Gunnison County, Colorado:

Commenting on the results, Dateline’s Managing Director, Stephen Baghdadi, said:

DIRECTORS & MANAGEMENT

Mark Johnson AO Chairman

Stephen Baghdadi Managing Director

Greg Hall Non-Executive Director

Tony Ferguson Non-Executive Director

Bill Lannen Non-Executive Director

Mark Ohlsson Company Secretary

CONTACT Mark Ohlsson Phone: +61 2 9375 2353 Postal Address: P.O. Box 553 South Hurstville NSW 2221 Email: info@datelineresources.com.au

“The 2150 vein at the Gold links continues to return results in line with our overall expectations and understanding of it. These two results confirm continuity of the mineralisation both up-dip and to the south of previous drill intercepts including the Discovery zone.

“This section of the 2150 vein is shaping up as another target for mining in the near term. We will now focus our drilling on extending this area deeper and to the north”

Intersection Details

The current phase of the underground drilling program is aimed at extending a mineralised section of the 2150 vein (“The Discovery Zone”) which was drilled between 1975 and 1985. The Company expanded drilling in this area from 10 to 13 holes of which 10 have been completed. Results for five of the completed holes have been returned and five remain outstanding.

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Figure 1 - Schematic showing new drill holes into the 2150 vein in green. Scale is in feet

ASX Release 15 December 2021

CRG21-028 (Discovery Zone) returned an assay result of 1.0m @ 11.78g/t Au & 40.8g/t Ag inc. 0.45m @ 25.89g/t Au and 40.8g/t Ag. This hole was designed to test down-dip from hole CRG21-025 and up-dip from hole CRG21-027. CRG21025 contained two intersections approximately 7 metres apart and graded 13.92g/t Au and 27g/t Ag over 1.2 metres in the first section and 1.4 metres at 5.53g/t Au and 9g/t Ag in the second section. CRG21-027 contained 1.6 metres at 29.2g/t Au and 197g/t Ag[1]

CRG21-032 (Discovery Zone) returned an assay result of 2.0m at @8.54g/t Au and 13.3g/t Ag inc. 0.1m @94.34g/t Au and 89g/t Ag and 0.3m @ 14.61g/t Au and 17.38g/t Ag. This hole was designed to target approximately 50 feet (15.2 metres) south of CRG21-026. CRG21-026 contained 0.8m at @15.74g/t Au and 106g/t Ag[1]

Further details on the drilling and assay methodology can be found in Table 1 at the end of this report.

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Figure 2 – Long section view of mineralised zones annotated - Gold Links Project. Scale is in feet

Exploration Strategy

The current program of underground development and drilling has been designed to support the Company’s plans to commence commercial production from Gold Links in the near term. Once all 13 holes from have been completed from the current drill station, the drill will be relocated inside the 400ft (120 metre) long section of the development (Drill station 6 – DD-06) so that it can explore the extension of the Discovery zone. The new site of the drill will enable much deeper drilling both to the north and south of the target.

Drilling is expected to continue relatively uninterrupted over the holiday period, with only four days of downtime scheduled before resuming.

Figure 3 below shows the location of DDS-06 and the anticipated holes that will be completed as part of the initial program from that site.

1 As disclosed in ASX release dated November 25, 2021

ASX Release 15 December 2021

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Figure 3: Long section view of planned drill holes and mineralised zones annotated - Gold Links Project. Scale is in feet

Underground Development Progress

As per ASX announcement dated 13 December 2021, a second means of egress has now been developed, following the intersection of the haulage and exploration decline with a previously established drive at 9600RL.

Underground development is currently focused on developing the accessways to be able to begin stoping the mineral resource located at 9900RL. Once mining has commenced, the company intends to continue advancing the exploration and haulage decline.

As previously announced, the Company is investigating the potential to install ore sorting technology at Gold Links to remove non-mineralised material from the ore feed going into the mill. The Company is also investigating the utilisation of narrow mechanised mining equipment to minimise dilution when mining narrow ore zones.

This announcement has been authorised for release on ASX by the Company's Board of Directors.

For more information, please contact:

Stephen Baghdadi Managing Director +61 2 9375 2353

www.datelineresources.com.au

Follow Dateline on Twitter: https://twitter.com/Dateline_DTR

ASX Release 15 December 2021

About Dateline Resources Limited

Dateline Resources Limited (ASX: DTR) is an Australian publicly listed company focused on gold mining and exploration in North America. The Company owns 100% of the Gold Links and Green Mountain Projects in Colorado, USA and has an agreement to acquire 100% of the Colosseum Gold Mine in California.

The Gold Links Gold Mine is a historic high-grade gold mining project where over 150,000 ounces of gold was mined from high-grade veins. Mineralisation can be traced on surface and underground for almost 6km from the Northern to the Southern sections of the project. The Company aims to delineate sufficient Mineral Resources to commence a small high-grade, low-cost operation by the end of 2021.

The Company owns the Lucky Strike gold mill, located 50km from the Gold Links mine, within the Green Mountain Project. It is proposed that ore from Gold Links would be transported to Lucky Strike for processing.

The Colosseum Gold Mine is located in the Walker Lane Trend in East San Bernardino County, California and produced approximately 344,000 ounces of gold (see ASX release 15 March 2021). Significant potential remains for extension to mineralization at depth.

Competent Person Statement

Sample preparation and any exploration information in this announcement is based upon work reviewed by Mr Greg Hall who is a Chartered Professional of the Australasian Institute of Mining and Metallurgy (CP-IMM). Mr 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 quality as a Competent Person as defined in the 2012 Edition of the "Australasian Code for Reporting Exploration Results, Mineral Resources and Ore Reserves" (JORC Code). Mr Hall is a Non-Executive Director of Dateline Resources Limited and consents to the inclusion in the report of the matters based on this information in the form and context in which it appears.

ASX Release 15 December 2021

Drill-hole Data for Significant Intercepts

Sample_ID	Hole_ID	Drill Type	From (m)	To (m)	Length (m)	Au ppm	Ag ppm
E255055	CRG21-004	Core	17.2	17.8	0.6	15.2	60.7
E255056	CRG21-004	Core	17.8	19.4	1.6	7.73	77.9
E255055- E255056	CRG21-004	Core	17.2	19.4	2.2	9.63	73.54
326229	CRG21-006	Core	21.8	22.3	0.5	17.95	49.6
E255177	CRG21-025	Core	17.7	19.1	1.4	5.53	9.09
E255182	CRG21-025	Core	25.3	26.2	0.9	14.71	23.7
E255183	CRG21-025	Core	26.2	26.5	0.3	11.54	35.1
E255215	CRG21-026	Core	56.4	57.2	0.8	15.74	106.29
E255234	CRG21-027	Core	64.0	64.6	0.6	56.74	383.66
E255237	CRG21-027	Core	64.9	65.2	0.3	33.19	228.35
E255239	CRG21-027	Core	65.2	65.6	0.5	8.61	39.09
E255246	CRG21-028	Core	68.7	69.2	0.5	25.89	40.8
E255269	CRG21-032	Core	48.1	48.2	0.1	94.34	89.01
E255274	CRG21-032	Core	49.8	50.1	0.3	14.61	17.38

ASX Release 15 December 2021

2021 Drill-hole Co-ordinates

Hole ID	Easting	Northing	Elevation	Total Depth (m)
CRG21-001	2694042	1291581	9845	21
CRG21-002	2694042	1291581	9845	27.6
CRG21-003	2694042	1291581	9845	37.1
CRG21-004	2694042	1291581	9845	45.6
CRG21-005	2694042	1291581	9845	57.1
CRG21-006	2694042	1291581	9845	58.4
CRG21-007	2694042	1291581	9845	28.9
CRG21-008	2694042	1291581	9845	32.2
CRG21-009	2693929	1291307	9807	37.1
CRG21-010	2693929	1291307	9807	18
CRG21-013	2693929	1291307	9807	96.5
CRG21-014	2693929	1291307	9807	63.6
CRG21-014a	2693929	1291307	9807	41.7
CRG21-015	2693929	1291307	9807	48.6
CRG21-016	2693929	1291307	9807	58.7
CRG21-017	2693929	1291307	9807	49.9
CRG21-018	2693929	1291307	9807	48.3
CRG21-025	2694056	1291599	9845	121
CRG21-026	2693699	1291534	9710	70.7
CRG21-027	2693699	1291534	9710	72.8
CRG21-028	2693699	1291534	9710	82.3
CRG21-029	2693699	1291534	9710	90.8
CRG21-032	2693699	1291534	9710	67.1

ASX Release 15 December 2021

Drill-hole table (for drill holes with greater than 0.2g/t Au)

Sample_ID	Hole_ID	Drill **Type **	From (m)	To (m)	Length (m)	Au ppm	Ag ppm
326245	CRG21-003	Core	33.4	33.7	0.3	0.21	3.49
326246	CRG21-003	Core	33.7	33.9	0.2	2.57	38.30
326247	CRG21-003	Core	33.9	34.0	0.2	1.03	8.20
326248	CRG21-003	Core	34.0	34.4	0.4	0.89	10.80
E255055	CRG21-004	Core	17.2	17.8	0.6	15.20	60.70
E255056	CRG21-004	Core	17.8	19.4	1.6	7.73	77.90
E255058	CRG21-004	Core	19.4	10.7	-8.7	0.31	3.86
E255061	CRG21-004	Core	21.1	21.5	0.4	0.29	1.95
326229	CRG21-006	Core	21.8	22.3	0.5	17.95	49.60
E255081	CRG21-007	Core	5.9	6.1	0.2	0.80	5.13
E255084	CRG21-007	Core	6.6	7.0	0.5	0.38	17.80
E255087	CRG21-007	Core	9.0	9.5	0.6	0.41	5.48
E255088	CRG21-007	Core	9.5	10.2	0.7	0.37	4.21
E255089	CRG21-007	Core	10.2	10.5	0.3	0.41	3.65
E255097	CRG21-013	Core	32.6	32.8	0.2	0.41	7.51
E255099	CRG21-014	Core	29.0	30.5	1.5	0.37	2.50
E255100	CRG21-014	Core	30.5	32.2	1.7	0.22	9.30
E255105	CRG21-014	Core	55.4	55.8	0.4	0.25	3.49
E255114	CRG21-016	Core	18.3	18.4	0.1	0.30	1.81
E255115	CRG21-016	Core	18.4	18.7	0.3	0.60	4.51
E255130	CRG21-014a	Core	29.0	29.3	0.2	0.30	2.40
E255132	CRG21-014a	Core	29.6	30.1	0.5	2.33	14.40
E255133	CRG21-014a	Core	30.1	30.8	0.7	0.40	13.30
E255144	CRG21-017	Core	20.8	21.2	0.4	1.32	6.36
E255145	CRG21-017	Core	21.2	21.9	0.7	0.72	14.70
E255148	CRG21-017	Core	23.9	24.4	0.5	0.73	2.59
E255163	CRG21-018	Core	30.9	31.2	0.3	0.35
E255176	CRG21-025	Core	17.2	17.7	0.6	0.44	9.56
E255177	CRG21-025	Core	17.7	19.1	1.4	5.53	9.09
E255179	CRG21-025	Core	21.3	21.9	0.6	0.20	8.19
E255182	CRG21-025	Core	25.3	26.2	0.9	14.71	23.70
E255183	CRG21-025	Core	26.2	26.5	0.4	11.54	35.10
E255193	CRG21-026	Core	10.8	11.0	0.2	2.62	TBD
E255209	CRG21-026	Core	53.2	53.7	0.5	0.33	0.86
E255215	CRG21-026	Core	56.4	57.2	0.8	15.74	106.29
E255219	CRG21-026	Core	57.8	58.2	0.4	0.68	3.43
E255226	CRG21-027	Core	58.3	58.7	0.4	2.07	4.11
E255232	CRG21-027	Core	63.3	64.0	0.7	0.29	25.37
E255234	CRG21-027	Core	64.0	64.6	0.6	56.74	383.66
E255236	CRG21-027	Core	64.6	64.9	0.3	1.47	35.32
E255237	CRG21-027	Core	64.9	65.1	0.3	33.19	228.35
E255239	CRG21-027	Core	65.1	65.6	0.5	8.61	39.09
E255244	CRG21-028	Core	68.7	69.2	0.5	25.89	40.80
E255268	CRG21-032	Core	48.1	48.2	0.1	94.34	89.01
E255270	CRG21-032	Core	48.2	48.8	0.5	0.56	4.50
E255273	CRG21-032	Core	49.3	49.7	0.5	0.27	5.25
E255274	CRG21-032	Core	49.7	50.1	0.3	14.61	17.38

ASX Release 15 December 2021

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 cut		• As of 11/29/2021, the Gold Links Project CRG Mining, LLC
techniques	channels, random chips, or specific		has completed 1,709 metres of drilling in 31 drill holes.
	specialised industry standard		All the drilling was done underground with diamond drill
	measurement tools appropriate to the		core. Industry standard core handling and sampling
	minerals under investigation, such as		procedures were employed to ensure high quality
	down hole gamma sondes, or handheld		samples.
	XRF instruments, etc). These examples		• Core sample boundaries were defined by changes in
	should not be taken as limiting the broad		lithology, alteration, and mineralization noted in logging.
	meaning of sampling.		• Potentially mineralized intervals were identified by
	• Include reference to measures taken to		geological logging and dispatched for assay with
	ensure sample representivity and	the	minimum 0.3 metre shoulder samples.
	appropriate calibration of	any	• Logging geologist identified zones of interest for sampling
	measurement tools or systems used.		and sampled them. They also sampled a length equivalent
	• Aspects of the determination of		to approximately 20% of the zone of interest on each side
	mineralisation that are Material to the		of it. These are referred to as shoulder samples.
	Public Report.		• Core remaining after sampling was stored in wax coated
	• In cases where ‘industry standard’ work		cardboard core trays.
	has been done this would be relatively		• Samples from drill holes were sent to ALSGlobal and
	simple (eg ‘reverse circulation drilling was		Paragon Geochemical in Reno, Nevada for sample
	used to obtain 1 m samples from which 3		preparation and assay. Samples were dried, weighed,
	kg was pulverised to produce a 30 g		crushed and split to obtain 250 gm. Samples were placed
	charge for fire assay’). In other cases		in ring and puck grinder to produce 85% minus 75
	more explanation may be required, such		micron pulp. This material was blended on clean cloth
	as where there is coarse gold that has		and packaged in paper pulp bags. Using a pulp balance, a
	inherent sampling problems. Unusual		30 gm sample was weighted out for traditional fire
	commodities or mineralisation types (eg		assay. Samples were analyzed using standard fire assay
	submarine nodules) may warrant		for gold. Overlimits were analyzed via gravimetric
	disclosure of detailed information.		analysis.
			• All samples followed a strict Chain of Custody.
			• Routine QAQC samples were inserted in the sample runs
			at a rate of 20%, comprising Certified Reference
			Materials from CDN Resource Laboratories Ltd., and
			verified blank granitic material.
			• Sampling practice is appropriate to the geology and
			mineralization of the deposit and complies with industry
			best practice.
Drilling	• Drill type (eg core, reverse circulation,		• The drilling program utilizes underground core drilling.
techniques	open-hole hammer, rotary air blast,		• The core drilling is being conducted with a DE-130
	auger, Bangka, sonic, etc) and details (eg		Sandvik rig with HQTT core tooling. Standard tubes were
	core diameter, triple or standard tube,		used for the first 6 drillholes, the rest utilized triple tube
	depth of diamond tails, face-sampling	bit	to increase recoveries. The drilling has been completed
	or other type, whether core is oriented		by an experienced diamond drilling core driller.
	and if so, by what method, etc).
Drill sample	• Method of recording and assessing core		• All drilling recoveries have been logged and
recovery	and chip sample recoveries and results		notated each run based on 1.65-meter tooling.
	assessed.		• To maximize sample recoveries, use of triple tube
	• Measures taken to maximise		and long chain polymer muds were used to
	sample recovery and ensure		increase recovery.
	representative nature of the		• There has been no analysis between sample
	samples.		recoveries and grade to date.

ASX Release 15 December 2021

Criteria	JORC Code explanation	Commentary
	• Whether a relationship exists between
	sample recovery and grade and whether
	sample bias may have occurred due to
	preferential loss/gain of fine/coarse
	material.
Logging	• Whether core and chip samples have	• Core samples were geologically logged. Lithology, veining,
	been geologically and geotechnically	alteration, mineralization and weathering are recorded in
	logged to a level of detail to support	the appropriate tables of the drill hole database.
	appropriate Mineral Resource	• Each core box was photographed dry and wet, after
	estimation, mining studies and	logging of unit and structures were notated on the core.
	metallurgical studies.	• Core was cut along the long axis using a diamond saw,
	• Whether logging is qualitative or	half-core was sampled, and half stored for reference.
	quantitative in nature. Core (or	• Geological logging of core samples is qualitative
	costean, channel, etc) photography.	and quantitative in nature.
	• The total length and percentage of the
	relevant intersections logged.
Sub-sampling	• If core, whether cut or sawn and	• All drill core samples were cut along the long axis. The left
techniques	whether quarter, half or all core	side when looking down hole was sampled. Samples were
and sample	taken.	placed in a heavy-duty poly sample bag. Each core sample
preparation	• If non-core, whether riffled, tube	placed in heavy duty poly sample bag, noted interval width
	sampled, rotary split, etc and	in sample book, with a sample tag with the corresponding
	whether sampled wet or dry.	sample number placed in the bag with the other tag
	• For all sample types, the nature,	stapled to the top of the bag. Sample bags were stapled
	quality and appropriateness of the	along the top. Samples were sent by freight to ALSGlobal
	sample preparation technique.	Paragon Geochemical, or Kappes Cassiday & Associates
	• Quality control procedures adopted for	Reno, Nevada.
	all sub-sampling stages to maximise	• Routine QAQC samples were inserted at a 20% rate into
	representivity of samples.	the sample batches and comprised Certified Reference
	• Measures taken to ensure that the sampling	Materials (CRMs) from CDN Resource Laboratories Ltd.
	is representative of the in situ material	and verified blank granitic material.
	collected, including for instance results for	• Rock samples sent to ALS Laboratories were dried,
	field duplicate/second-half sampling.	weighed, crushed and split, with a split pulverized to
	• Whether sample sizes are appropriate to the	better than 85% passing 75 microns. Samples were
	grain size of the material being sampled.	analyzed for trace elements using 4-acid digestion.
		Additionally, rocks samples were analyzed by standard
		30gm fire assay for gold and silver.
		• Sample size assessment was not conducted but used
		sampling size which is typical for gold deposits.
Quality of	• The nature, quality and appropriateness of	• Samples were assayed by industry standard methods by
assay data	the assaying and laboratory procedures	ALSGlobal Laboratories, Paragon Geochemical, and
and	used and whether the technique is	Kappes Cassiday & Associates in Reno, Nevada and
laboratory	considered partial or total.	Hazen Research Laboratories in Golden, Colorado.
tests	• For geophysical tools, spectrometers,	• Fire assays for gold and silver were completed
	handheld XRF instruments, etc, the	using industry standard fire assay methodology.
	parameters used in determining the	• External certified standards and blank material were
	analysis including instrument make and	added to the sample submission.
	model, reading times, calibrations factors
	applied and their derivation, etc.
	• 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.

ASX Release 15 December 2021

Criteria	JORC Code explanation	Commentary
Verification of	• The verification of significant	• Sampling, documentation and sample submittal were under
sampling and	intersections by either independent or	the guidance and care of Graham Craig, GIT (Association of
assaying	alternative company personnel.	Professional Engineers and Geoscientists of Manitoba).
	• The use of twinned holes.	• Drilling, sample, and assay data is currently stored in
	• Documentation of primary data,	MX Deposit, a secured data management system
	data entry procedures, data	through Seequent.
	verification, data storage
	(physical and electronic)
	protocols.
	• Discuss any adjustment to assay data.
Location of	• Accuracy and quality of surveys used to	• All drill hole collars are surveyed using differential GPS survey
data points	locate drill holes (collar and down-hole	equipment. The positions are accurate to within 10 cm x-y
	surveys), trenches, mine workings and other	and height (z) to +/- 20 cm.
	locations used in Mineral Resource	• The holes are surveyed in the Colorado State Plane, UTM
	estimation.	zone 12, NAD 1983 coordinate system.
	• Specification of the grid system used.	• Down hole surveys will be done using a Reflex SPRINT-IQ
	• Quality and adequacy of topographic	north seeking gyro on all diamond drill holes. With collars
	control.	surveyed using Reflex TN-14 Azimuth Aligner.
		• Sample locations were surveyed using Colorado State
		Plane, UTM zone 12, NAD 1983 coordinate system.
Data spacing	• Data spacing for reporting of Exploration	• The spacing and location of data is currently 16-33 meter
and	Results.	spacing according to previous Mineral Resource
distribution	• Whether the data spacing, and distribution	estimation completed.
	is sufficient to establish the degree of	• No sample compositing has been applied.
	geological and grade continuity
	appropriate for the Mineral Resource and
	Ore Reserve estimation procedure(s) and
	classifications applied.
	• Whether sample compositing has been
	applied.
Orientation of	• Whether the orientation of sampling	• Drill holes are planned to be drilled obliquely to near
data in	achieves unbiased sampling of possible	perpendicular to the known mineralized structures.
relation to	structures and the extent to which this is	Definition of structure location is the principal goal.
geological	known, considering the deposit type.	• Sample orientation is deemed to be representative
structure	• If the relationship between the drilling	for reporting purposes.
	orientation and the orientation of key	• No bias is considered to have been introduced by the
	mineralised structures is considered to	existing sampling orientation.
	have introduced a sampling bias, this
	should be assessed and reported if
	material.
Sample	• The measures taken to ensure sample	• All samples were taken and maintained under the
security	security.	constant care of CRG Mining personnel. Samples were
		delivered to laboratories by a licensed transportation
		company.
Audits or	• The results of any audits or reviews of	• Drill hole sampling techniques and QAQC procedures
reviews	sampling techniques and data.	have been developed and reviewed by Dale Sketchley,
		M.Sc., P. Geo. of Acuity Geoscience Ltd., Graham Craig,
		GIT.
		• The QAQC program has demonstrated its ability to catch
		errors.
		• A QAQC review will be completed for this program.

ASX Release 15 December 2021

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, location	• All tenements are 100% owned by Dateline Resources
tenement and	and ownership including agreements or	Limited or a wholly owned subsidiary and there exist
land tenure	material issues with third parties such as	production-based royalties as previously disclosed to
status	joint ventures, partnerships, overriding	ASX.
	royalties, 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 exploration	• Historical work was completed by various groups over 100
done by other	by other parties.	years. Review of this work was completed by Dahrouge
parties		Geological Consulting Ltd. In 2019.
		• All previous work undertaken by others is non-JORC
		compliant.
Geology	• Deposit type, geological setting and style of	• The Gold Links Project is hosted by an Early Proterozoic
	mineraliation.	assemblage of fine-grained meta-sediments and
		interbedded felsitic meta-volcanics. These were intruded
		by Early Proterozoic amphibolites, granites, and rhyolite
		porphyry dykes. Tertiary age rhyolitic stocks, dikes and sills
		intrude the Proterozoic rocks.
		• The gold and silver mineralization occurs in narrow fissure
		quartz veins. Veins in the district trend West-Northwest
		with steep Southerly dips.
		• The auriferous quartz veins cut through the various
		rock types. There appears to be an affinity for the
		veins with the amphibolites. The primary sulphide
		occurring in these veins is pyrite. Broad zones of
		silicification and disseminated sulfides have been
		found near the veins.
Drill hole	• A summary of all information material to	• See Table 1 within this report for details of the drill
Information	the understanding of the exploration results	holes and sample locations.
	including a 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, weighting	• Drill hole intersections are reported above a lower
aggregation	averaging techniques, maximum and/or	exploration cut-off grade of 0.2 g/T Au and no upper
methods	minimum grade truncations (eg cutting of	cut off grade has been applied.

ASX Release 15 December 2021

Criteria	JORC Code explanation		Commentary
	high grades) and cut-off grades are usually
	Material and should be stated.
	• Where aggregate intercepts 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 particularly		• Drill holes are orientated obliquely to the
between	important in the reporting of		mineralized structures and disseminated
mineralisation	Exploration Results.		bodies.
widths and	• If the geometry of the mineralisation		• Interception angles of the mineralized
intercept	with respect to the drill hole angle is		structures are estimated by geometries
lengths	known, its nature should be reported.		from known occurrences in the adjacent
	• If it is not known and only the down hole		mine workings and the core drilling
	lengths are reported, there should be a clear		intercepts.
	statement to this effect (eg ‘down hole
	length, true width not known’).
Diagrams	• Appropriate maps and sections (with		• Supporting figures have been included within the body of
	scales) and tabulations of intercepts		this release.
	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		• Representative reporting of both low and high grades
reporting	Exploration Results is not practicable,		and/or widths have been reported.
	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 and
substantive	material, should be reported including (but
exploration	not limited to): geological observations;
data	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 further		• At Gold Links, future work will include expanded drilling
	work (eg tests for lateral extensions or		the on-strike and down-dip extensions of the 2150,
	depth extensions or large-scale step-out		Hanging Wall, and 1700 veins, preparation for
	drilling).		underground exploitation, finalizing the surface program;
	• Diagrams clearly highlighting the areas of		reopening, mapping and sampling of previously
	possible extensions, including the main		inaccessible underground workings; as well as infill and
	geological interpretations and future drilling		expanded surface soil geochemistry, geological mapping,
	areas, provided this information is not		and geophysics.
	commercially sensitive.