DATELINE RESOURCES LIMITED — Capital/Financing Update 2021

Jul 19, 2021

ASX Release

DATELINE RESOURCES LIMITED

(ACN 149 105 653) ASX Code: DTR

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GOLD LINKS GOLD MINE Drilling Commenced

Highlights

• Underground drilling contractor has mobilised to site and has commenced drilling;

• 4,000 metres of underground drilling planned for H2 targeting the high-grade 2150 and West veins;

CAPITAL STRUCTURE

Share Price (19/7/21) $0.105 Shares on issue 381 million Market Cap $40 million

MAJOR SHAREHOLDERS

• Quartz veining intersected in upgraded road development. Assays pending.

US gold developer, Dateline Resources Limited (ASX: DTR) ( Dateline or the Company ) is pleased to advise the underground drilling contractor has mobilised to site at Gold Links and has commenced drilling the 2150 vein.

The underground exploration program comprises 4,000 metres of diamond core drilling and is targeted towards further assessment of the West and 2150 veins. Both targets are known to host high-grade gold mineralisation. The 2150 Vein includes an Indicated Mineral Resources grading 14.73g/t Au[1] . The West vein was discovered by Dateline in 2019 with a drill hole intercept of 0.98m @ 30.2g/t Au and 61g/t Ag[2] .

The Company expects the underground mine exploration program to take ~5-6 months to complete and a decision to mine in H2 2021.

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

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

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Figure 1: Undergound drilling at Gold Links

Dateline’s Managing Director, Stephen Baghdadi, commented “There is a sense of excitement at Gold Links with a full complement of mining contractor, drilling contractor and geological teams working well together.

“We have a clear strategy to define sufficient Mineral Resources to commence highgrade mining at Gold Links and processing the ore through our wholly-owned Lucky Strike mill located 50km away.”

1 ASX announcement 27 April 2021 – Quarterly Activities Report 2 ASX announcement 31 January 2021 – Quarterly Activities Report

ASX Release 20 July 2021

Road Construction & Infrastructure

Dateline is upgrading the access road to upper levels of Gold Links to provide year-round access within the project. Geologists have reported multiple intersecting quartz vein zones in the road development. These quartz vein zones represent repetitions of the high-grade zones seen in the underground workings.

The geological team is mapping and sampling these new quartz veins to understand if they represent new mineralised targets for assessment.

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Figure 3: Quartz veins intersected during the construction of an internal access road

Authorised by the Board of Dateline Resources Limited.

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 20 July 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.