DATELINE RESOURCES LIMITED — Capital/Financing Update 2021

Oct 26, 2021

ASX Release

DATELINE RESOURCES LIMITED

(ACN 149 105 653) ASX Code: DTR

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Completion of Colosseum Acquisition

Highlights

• All conditions precedent completed for the acquisition of the Colosseum Gold Mine and associated permits from LAC Minerals (USA) LLC (LAC), a wholly owned subsidiary of Barrick Gold Corporation (Barrick);

• Dateline has arranged for the replacement of the required reclamation bonds with the relevant authorities, totalling US$770,000;

CAPITAL STRUCTURE

Share Price (26/10/21) $0.09 Shares on issue 438 million Market Cap $39.4 million

MAJOR SHAREHOLDERS

• Digitising of historical data progressing well

Dateline Resources Limited (ASX: DTR) ( Dateline or the Company ) is pleased to announce it has closed on the acquisition of the Colosseum Gold Mine and associated permits with LAC Minerals (USA) LLC ( LAC ), a wholly owned subsidiary of Barrick Gold Corporation ( Barrick ).

All outstanding conditions precedent for completion of the acquisition have been fulfilled. As part of the transaction, Dateline has provided US$770,000 in reclamation bonds to replace the Barrick bonds with the relevant authorities.

Since announcing the acquisition in March 2021, Dateline has reviewed a significant volume of historical data and has compiled 386 drillholes and 35,352 assays into a modern electronic database. Data compilation is ongoing.

DIRECTORS & MANAGEMENT

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

Mark Johnson AO Chairman

Stephen Baghdadi Managing Director

Greg Hall Non-Executive Director

Tony Ferguson Non-Executive Director

“ With the settlement now completed, w e are working to complete the Colosseum data compilation and finalise plans for a field program aimed at verifying and better understanding aspects of the previous work conducted at site”

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

Bill Lannen Non-Executive Director

For more information, please contact:

John Smith Company Secretary

CONTACT

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

Stephen Baghdadi Managing Director +61 2 9375 2353

www.datelineresources.com.au

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

ASX Release 27 October 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 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.