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DATELINE RESOURCES LIMITED — Interim / Quarterly Report 2013
Oct 16, 2012
64793_rns_2012-10-16_f159d2de-7feb-4030-a843-5eb672ee9927.pdf
Interim / Quarterly Report
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Perth Office 108 Outram Street West Perth WA, 6005
T: +61 8 9476 4500 F: +61 8 6314 1587
PO Box 1346 West Perth WA 6872 E: [email protected] W: www.contoresources.com
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QUARTERLY ACTIVITES REPORT AS AT 30 SEPTEMBER 2012
ASX Code: CNO Securities on Issue 24.4M Ordinary Shares (quoted) 5.9M Ordinary Shares (restricted) 4.75M Options (unlisted) Directors & Officers Michael Ralston (Non-Exec. Chairman) Robert Jewson (Non-Exec. Technical Director) Francis DeSouza (Non-Exec. Director) Tanya Woolley (Company Secretary) Contact details: Perth Office 108 Outram Street West Perth WA 6005 PO Box 1346 West Perth WA 6872 T: +61 08 9476 4500 F: +61 08 6314 1587 E: [email protected] W: www.contoresources.com
Highlights during the quarter:
Lone Wolf Project
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Exploration and field based work program devised to determine the extents and controls on gold mineralisation
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Ground based exploration activities also aim to identify additional targets within the project area
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Additional tenure is currently being evaluated in proximity to Lone Wolf Project
Cardinia Bore Project
- Detailed MMI sampling field work program currently being devised to target areas proximal to historical workings and recent high grade rock chip sampling
Financial/Corporate
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At 30 September 2012 the Company had cash reserves of $3.72 Million (~12.2c per share cash backing)
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On 13 August 2012 the Company lodged the Annual Report for the year ended 30 June 2012
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QUARTERLY ACTIVITES REPORT AS AT 30 SEPTEMBER 2012
Lone Wolf Project
During the quarter the Company undertook planning of field based work programs. Subsequent to the end of quarter, the Company commenced its initial field based reconnaissance program aimed at understanding the controls and extents of gold mineralisation at Lone Wolf. In addition to the ground based reconnaissance program, Conto is currently conducting a regional exploration targeting program to identify additional resource opportunities.
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About the Lone Wolf Project:
The Lone Wolf Project is located approximately 15km northeast of Leonora within the Northeastern Goldfields region of Western Australia. The project lies within the Keith-Kilkenny Tectonic Zone and consists of two prospecting licence applications covering a total area of approximately 3.2km[2] . East and northeast of the Leonora township, the 20km wide zone is bound by the Mt George Shear Zone to the west, and the KeithKillkenny Lineament and Pig Well Graben to the east.
Cardinia Bore Project
During the quarter the Company undertook an assessment of target areas for the upcoming sampling program.
About the Cardinia Bore:
The Cardinia Bore Project is located approximately 28km east-northeast of the Leonora township in the Northeastern Goldfields region of Western Australia. It comprises 9 tenements covering 1,309 hectares. The region has an extensive history of gold exploration and mining.
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QUARTERLY ACTIVITES REPORT AS AT 30 SEPTEMBER 2012
Other projects of interest
In addition to the exploration of Conto’s Cardinia Bore and Lone Wolf Projects, the Company intends to pursue new projects in the resources sector, both in Australia and overseas. These projects include but are not limited to; coal, potash, iron ore, copper and gold.
Competent Person Statements
Technical information in this report has been prepared under the supervision of Mr Jonathan King, a member of the Australian Institute of Geoscientist (AIG). Mr King 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 2004 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves” (the JORC Code). Mr King consents to the inclusion in this report of the Information, in the form and context in which it appears.
-ENDS-
For more information please contact:
| Robert Jewson | Tanya Woolley |
|---|---|
| Conto Resources Limited | Conto Resources Limited |
| Non-Executive Technical Director | Company Secretary |
| [email protected] | [email protected] |
| (+61) 08 9476 4500 | (+61) 08 9476 4500 |
About Conto
Conto Resources Limited is an Australian-based exploration company established to cost effectively explore its Lone Wolf Projects and Cardinia Bore areas and actively seek additional acquisition opportunities to deliver shareholder value.
The Lone Wolf Project is located approximately 15km northeast of Leonora within the North Eastern Goldfields region of Western Australia. The project consists of two prospecting licence applications, covering a total area of approximately 3.2km[2] . The limited wide spaced historical drilling has outlined a continuous mineralised strike of 830m.
The Cardinia Bore Project is located approximately 28 km ENE of Leonora and consists of 9 tenements covering 1,309 hectares.
For more information, visit www.contoresources.com
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