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DATELINE RESOURCES LIMITED Interim / Quarterly Report 2013

Jan 30, 2014

64793_rns_2014-01-30_3da0ae29-0196-49e6-a86b-1b7097440599.pdf

Interim / Quarterly Report

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Dateline Resources Limited Level 4, 20 Loftus Street Sydney NSW 2000 T: +61 2 8231 6640 F: +61 2 8231 6487 www.datelineresources.com.au [email protected]

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Dateline Resources Limited

(ACN 149 105 653 )

ASX Code: DTR

Investment Highlights

  • Australian, ASX listed, copper exploration and development company focussed on Fiji.

  • JORC Inferred resource 4.5Mt @ 1.2% Cu, 3.9% Zn, 0.3g/t Au and 29g/t Ag. From surface to 100m depth.

  • A number of near surface exploration targets, similar in nature to the resource.

  • Field exploration and a 3D IP program has identified a porphyry copper target at Nagasauva.

QUARTERLY ACTIVITIES REPORT As at 31[st] December, 2013

Dateline Resources Limited (“the Company”) is pleased to present it’s Activities Report for the Quarter ended 31[st] December, 2013.

Highlights during the Quarter

Udu Project Fiji

  • 100% owned project portfolio.

Capital Structure

  • 61.3 million ordinary shares

  • 9 million unlisted options

  • 50.47% capital held by Directors and Management

Directors & Management

Mark Johnson AO

Chairman

Steve Gemell Non-Executive Director

George Niumataiwalu Non-Executive Director

John Smith

  • Drilling confirms significant copper near surface extensions to current JORC Udu Resource :-

  • UDH067 – 10.3m @1.82% Cu, 1,41% Zn, 16g/t Ag and 0.11g/t Au from 28m downhole.

  • UDH068 - 2m @ 1.03% Cu, 4.84% Zn, 9g/t Ag and 0.07g/t Au from 35 m downhole 7m @ 2.96% Cu, 5.2% Zn, 20g/t Ag and 0.45g/t Au from 42.2m downhole.

  • 2m @ 1.77% Cu, 6.71%Zn, 30.5g/t Ag and 0.02g/t Au from 54.5m downhole.

  • 3DIP Survey defines additional VMS/epithermal targets.

Company Secretary

Stewart Capp Exploration Manager

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Contact:

  • “Classic Porphyry Copper” Target defined by 3DIP Survey, underlying a copper soil anomaly.

  • SPL1494 renewed for 2 year period.

Financial/Corporate

  • The Annual General Meeting of shareholders was held in Sydney on 29[th] November, 2013. All resolutions were carried.

  • Name change completed from Conto Resources Limited to Dateline Resources Limited.

John Smith

Phone: +61 2 8231 6640 Fax: +61 2 8231 6487 Postal Address:

  • New Board appointed – In support of Dateline Resources Limited, all Directors have agreed to zero remuneration in the short term.

P.O. Box 553 South Hurstville NSW 2221 Udu Project Fiji [email protected]

Page 1 of 18

Quarterly Activities Report as at 31[st] December 2013

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Udu Project Update

During the quarter the company completed additional processing of the new 3DIP dataset, aiming to further enhance target definition, and in conjunction with a combined interpretation of the company’s other geophysical, geochemical and geological datasets, to define and prioritise regional targets for further work.

A number of shallow targets with affinities to the mineralisation VMS/epithermal at the Udu Mine have been identified.

The company completed 753m of drilling in 7 holes to test extensions to the inferred resource indicated by initial processing of the 3DIP data. Drilling returned a number of shallow, high grade copper intercepts which confirmed continuity of polymetallic mineralisation down dip and confirmed the mineralisation is open down dip to the south, outside the current inferred resource (Appendix 1). The resource estimate will be revised to include this new information in the first quarter of 2014.

The final interpretation of the 3DIP defined four high priority VMS/epithermal targets, all within 4km of the existing resource. In addition the geophysics suggests some upside to the existing resource, and has defined a highly chargeable target beneath the current resource. The survey also defined a “classic porphyry copper target” at Nagasauva, 3km to the south of the JORC resource at a depth of at least 600m.

Shallow targets (within 100m of surface) are highlighted in Figure 2. The highest priority targets (IP01, IP05, IP11, IP10 and IP20) are all associated with copper in soil geochemical anomalies. Drilling will commence utilising the company’s own drilling equipment which is currently on site in the coming quarter.

Deeper targets (Mine Deeps, IP06) will require mobilisation of a drilling contractor with larger equipment to site.

Two additional regional targets with similarities to the Nagasauva porphyry target have been identified within the companies’ tenements. One of these targets is located within the SPL1494 and is associated with anomalously mineralised porphyry float collected during the companies’ 2013 regional work programmes. Initial observations suggest this target is closer to surface than Nagasauva, and additional soil sampling and mapping of the area to further refine the target is planned for early 2014. A decision to drill a porphyry copper target will be made after all the targets have been assessed.

Lone Wolf Project WA

There has been no activity at the Lone Wolf project during the quarter.

Page 2 of 18

Quarterly Activities Report as at 31[st] December 2013

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Figure 1: Prospect Locations – Udu Project

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Figure 2: Chargeability at -50RL and copper in soils, with shallow IP targets.

Page 3 of 18

Quarterly Activities Report as at 31[st] December 2013

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Figure 4: Regional Magnetics and Porphyry copper target areas.

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Figure 4 - Udu Project B1 to B2 Section View (Refer Figure 2 Plan)

Page 4 of 18

Quarterly Activities Report as at 31[st] December 2013

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Figure 5: Section A1 to A2

Table 1: Summary of drilling completed in the Quarter.

Northing
WGS84
Easting
WGS84
Azimuth
UTM
From
M
To
m
Interval
m
Cu
%
Zn
%
Ag
g/t
Au
g/t
Hole Dip
UDH064 8210231 816899 30 -70 56 58 2 0.64 0.03 1 0.02
UDH065 8210214 816887 240 -60 NSI
UDH066 8210214 816887 60 -60 NSI
UDH067 8210280 816712 149 -60 33 43.3 10.3 1.82 1.41 16.3 0.11
UDH068 8210450 817157 150 -70 38 40 2 1.03 4.84 9 0.07
45 52 7 2.96 5.2 20 0.45
58 60 2 1.77 6.71 30.5 0.02
82 84 2 0.57 0.01 1 0.03
UDH069 8210199 816762 330 -60 NSI
UDH070 8210178 816812 60 -60 NSI

Notes:

  1. Cu – copper; Zn – zinc, Ag – silver; Au - gold

  2. Intercepts are quoted at a lower cut-off of 0.5% Zn or 0.5% Cu, with up to 2m of internal dilution

  3. Sampling is generally conducted on 1 metre intervals, with a maximum sample interval of 1.5m in areas of poor core recovery.

  4. EOH – end of hole

  5. All samples comprise ½ NQ diamond drill core, cut with chisel or a diamond saw. Drilling recoveries are measured and recorded for individual samples and certified analytical standards have been inserted into the batch at a rate of 1:20. Samples were oven dried, jaw crushed to -6mm, rotary split to a 1,000g sub-sample which was pulverised to 85% <75um. Gold was determined by 50g Fire assay with AA finish with the remaining elements being determined by ICP-AES with four acid digest.

  6. Core recovery is problematic within some of the mineralised intervals and it is possible that if core recovery had been 100% the results obtained would be different to the results reported in Table 1. At this stage it is impossible to accurately assess whether core lost has resulted in an increase or decrease in the grades of the mineralised intervals.

  7. Mineralisation is interpreted to be shallowly dipping, hence drill intercept lengths are approximately true widths of mineralisation.

  8. All collars were located using a handheld GPS and are reported in UTM-WGS84 Zone 60 south

  9. Additional details of the drilling and sampling may be found in Appendix 2 “Heli-Rig NQTT Samples”

Page 5 of 18

Quarterly Activities Report as at 31[st] December 2013

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  1. The 3DIP data was acquired by Search Exploration Services (Search) using their own equipment, which consisted of a 64 channel, full waveform receiver and a 30 kVA transmitter. The array used for the bulk of the survey was in the main a double offset dipole-dipole, at Waidere three quarters of a quad offset dipole-dipole array was recorded. The Search receiver measures the full time series voltage difference between each active electrode and a single reference electrode. This enables them to be able to recover the potential difference for any pair of electrodes by simple subtraction. The survey used 50m spaced electrodes for the bulk of the area and 100m spaced electrodes for the Nagasauva grid. From these Search were able to produce data sets at other electrode spacing’s. Search call these multipoles and for the 50m electrode spacing’s they provided 50, 100, 200 and 300m dipoles while for the 100m electrode spacing’s they provided 100, 200, 300 and 400m dipoles. The advantage of acquiring these additional data is that the changing electrode separation produces different sensitivity patterns around the electrode which adds significantly to the resolution of the survey as well as providing additional information at depth. The data was inverted by ExploreGeo Pty Ltd of Perth WA. The algorithm used by, was written by Heng Meng Loke (Loke). In total, 9 separate inversion runs were undertaken using both complex and linear perturbation IP models, trapezoidal and non-uniform meshes, L1 and L2 norms and low error subsets from one inversion as input for a second. The option to compute the model resolution was enabled.

Tenement Schedule

nement Schedule
Project Number Ownership Location
Udu SPL1387 100% Fiji
Udu SPL1396 100% Fiji
Udu SPL1494 100% Fiji
Lone Wolf P37/8113 100% WA
Lone Wolf P37/8114 100% WA
Lone Wolf P37/8187 100% WA

About Dateline Resources Limited:

Dateline Resources Limited is an Australian-based mineral exploration company with exploration projects in Australia and the Republic of Fiji.

The Udu Polymetallic Project in Fiji hosts an Inferred Resource of 4.5 million tonnes at 1.2% Cu, 3.9% Zn, 29g/t Ag & 0.3g/t Au in accordance with JORC 2012 Guidelines.

The Company plans to focus on exploration and development of the Udu Project and pursue base metals opportunities in Australia and the South Pacific.

For more information, visit .www.datelineresources.com.au

John Smith Company Secretary Ph : +61 2 8231 6640 Fax +61 2 8231 6487 Email : [email protected]

Competent Person Statement

The information in this report that relates to exploration results and mineral resources for the Udu Project is based on information compiled by or work carried out under the supervision of Mr Stewart Capp. Mr Capp is a fulltime employee of Matai Holdings (Fiji) Ltd, a subsidiary of Dateline Resources, Mr. Capp 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 2012 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves” (the JORC Code). Mr Capp is a member of the Australian Institute of Mining and Metallurgy (AusIMM). Mr Capp consents to the inclusion in this report of the information, in the form and context in which it appears.

Page 6 of 18

Quarterly Activities Report as at 31[st] December 2013

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Appendix 1: Nukudamu Base Metals Project – 2008 Resource Estimate.

Section 1 – Sampling Techniques and Data

Criteria JORC Code Explanation Commentary
Sampling Techniques Nature and quality of sampling (eg cut
channels, random chips, or specific
specialised industry standard measurement
tools appropriate to the minerals under
investigation, such as down hole gamma
sondes, or handheld XRF instruments, etc).
These examples should not be taken as
limiting the broad meaning of sampling.
All sampling used in the estimate is diamond
drill core, varying in size from PQ, HQ core. All
sampling was carried out under the direct
supervision of a qualified geologist.
Include reference to measures taken to
ensure sample representivity and the
appropriate calibration of any measurement
tools or systems used.
Half core samples are collected, with the core
cut along a line drawn on the top of the core,
as it was placed into the trays by the drillers.
The left hand side of the cut core is bagged for
submission to a laboratory.
Aspects of the determination of mineralisation
that are Material to the Public Report. In cases
where ‘industry standard’ work has been
done this would be relatively simple (eg
‘reverse circulation drilling was used to obtain
1 m samples from which 3 kg was pulverised to
produce a 30 g charge for fire assay’). In other
cases more explanation may be required,
such as where there is coarse gold that has
inherent sampling problems. Unusual
commodities or mineralisation types (eg
submarine nodules) may warrant disclosure of
detailed information.
Samples are generally 1m in length, with half
core submitted to a laboratory for sample
preparation, no sub-sampling is performed in
site.
In areas of poor core recovery samples may be
collected between core blocks to a maximum
of 1.5m length.
Drilling techniques Drill type (eg core, reverse circulation, open-hole
hammer, rotary air blast, auger, Bangka, sonic, etc) and
details (eg core diameter, triple or standard tube, depth
of diamond tails, face-sampling bit or other type,
whether core is oriented and if so,bywhat method,etc).
Drilling used in the estimate comprises PQ and
HQ triple tube diamond drilling.
Drill sample recovery Method of recording and assessing core and chip
sample recoveries and results assessed.
Core recovery is measured and recorded
individually for each sample and the
information stored in the analytical database.
Measures taken to maximize sample recovery and
ensure representative nature of the samples.
Large diameter (PQ or HQ) triple tube diamond
drilling provides the best core recovery in what
is commonly difficult ground conditions both
within mineralisation and the surrounding
alteration zones. Sample recovery is a
significant risk.
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.
Both composite data and individual sample
data were compared against core recovery, and
there is no relationship between them.
However the grade of the material lost is not
known, and the impact on the estimate might
be either positive or negative. The bulk of the
intercepts used in the estimate had recoveries
above 80%.
Logging Whether core and chip samples have been geologically
and geotechnically logged to a level of detail to support
appropriate Mineral Resource estimation, mining
studies and metallurgical studies.
All recent drilling has been geologically and
geotechnically logged by qualified geological
staff.
Historical drilling used in this estimate was
geologically logged by qualified geologists, but
geotechnical data was not recorded.
Whether logging is qualitative or quantitative in nature.
Core (or costean, channel, etc) photography.
All recent core is photographed prior to being
sampled. The photography is stored in a digital
format. Half core for all but 4 of 37 holes is
stored on site and available for review.
The total length and percentage of the relevant
intersections logged.
100% of the core was geologically logged.

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Quarterly Activities Report as at 31[st] December 2013

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Sub-sampling techniques
and sample preparation
If core, whether cut or sawn and whether quarter, half
or all core taken.
Half core is either cut with a diamond saw, or
generated usinga brickies chisel in soft zones.
If non-core, whether riffled, tube sampled, rotary split,
etc and whether sampled wet or dry.
Not applicable.
For all sample types, the nature, quality and
appropriateness of the sample preparation technique.
All samples were submitted to either Genalysis,
Analabs or ALS, where they were dried,
crushed and pulverised to 90% passing -80#
prior to being sub sampled for a variety of
analytical work. The process is considered
appropriate given the generally fine grained
nature of the mineralisation. The work was
conducted to generally accepted industry
standards.
Quality control procedures adopted for all sub-sampling
stages to maximise representivity of samples.
Field QC procedures require that certified
analytical standard reference materials are
submitted at a rate of 1:20.
Measures taken to ensure that the sampling is
representative of the in situ material collected, including
for instance results for field duplicate/second-half
sampling.
Re-splitting and re-assaying sub samples and
field duplicated has not yet been conducted
due to the early stage nature of the project.
However analytical pulps and half core are
stored so that this work can be undertaken in
the future.
Whether sample sizes are appropriate to the grain size
of the material being sampled.
Sample sizes are considered appropriate due to
the fine grained nature of the mineralisation
beingsampled(sulphides <1mm).
Quality of assay data and
laboratory tests
The nature, quality and appropriateness of the assaying
and laboratory procedures used and whether the
technique is considered partial or total.
Holes GPDDH 1 to 4 were submitted to
Analabs, Suva

Gold was determined by fire assay

Cu, Pb, Zn, Ag were determined by
Acid Digest and ICPMS.

The exact nature of the acid digest is
not recorded, it is therefore not
possible to say if the digest was
complete or partial.
Holes MUPDDH1 to 12 were submitted to
Analabs, Suva.

Gold was determined by fire assay

Cu, Pb, Zn, Ag were determined by
Acid Digest and ICPMS.

The exact nature of the acid digest is
not recorded, it is therefore not
possible to say if the digest was
complete or partial.
Holes UDH20 to 40 were submitted to
Genalysis Perth

Gold was determined by 50g fire
assay.

A multi acid digest was used

Ag, As, Sb, Th, U were determined
by ICP

Cu, Pb, Zn, Ni, Co were determined
by Flame absorbent Spectrometry.

The acid digest used is considered to
be a total digest.
For geophysical tools, spectrometers, handheld XRF
instruments, etc, the parameters used in determining the
analysis including instrument make and model, reading
times, calibrations factors applied and their derivation,
etc.
Not Applicable.
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.
Laboratory QA/QC data is available for all
analytical jobs. The data suggests an
acceptable level of precision was achieved.
For holes UDH20 to 40 the company submitted
an independent suite of standards at a rate of 1
in 20. Analysis of this data confirms an
acceptable level ofprecision was achieved.

Page 8 of 18

Quarterly Activities Report as at 31[st] December 2013

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Verification of sampling
and assaying
The verification of significant intersections by either
independent or alternative company personnel.
No verification has been undertaken to date,
do to the early stage nature of the project.
Drill core and analytical pulps have been stored
so that this work can be undertaken in the
future.
The use of twinned holes. No drill holes on which this estimate is based
have been twined to date.
Documentation of primary data, data entry procedures,
data verification, data storage (physical and electronic)
protocols.
All drilling information was recorded on paper
on site, then entered into Excel spreadsheets
which were subsequently imported into an
Access database where they were checked for
irregularities on a 1:50 random check back to
the paper logs. All information used in the
resource estimate was backed up onto CD’s
which are filed with the resource report.
Discuss any adjustment to assay data. No adjustments have been made to the
analytical data.
Location of data points Accuracy and quality of surveys used to locate drill
holes (collar and down-hole surveys), trenches, mine
workings and other locations used in Mineral Resource
estimation.
All drill hole collars were located with a hand
held GPS, by taking a number of readings over
a period of days and averaging the results. RL
was taken from a DTM generated from satellite
data. Accuracy is considered to be +/- 5m.
Eastman single shot downhole survey data was
collected at 30m intervals in UDH020 to 040.
No downhole survey data was available for
historical drill holes, which were in the main
vertical holes. Due to their short lengths
(~100m) and the lack of deviation in the holes
that were surveyed the unsurveyed holes are
considered appropriate for use in an inferred
resource.
Specification of thegrid system used. WGS84,UTM Zone 60 South.
Quality and adequacy of topographic control. The topographic model is a DTM generated
from a stero pair of satellite images taken in
2006.
Data spacing and
distribution
Data spacing for reporting of Exploration Results. Drilling was conducted on a section spacing of
approximately 80m with holes at 40m intervals
on each section. Drill spacing is impacted by
topographic features.
Whether the data spacing and distribution is sufficient
to establish the degree of geological and grade
continuity appropriate for the Mineral Resource and
Ore Reserve estimation procedure(s) and classifications
applied.
Data density is considered sufficient for
estimation of an inferred resource, but not
sufficient for Ore reserve Estimation.
Whether sample compositing has been applied. Samples were collected on 1m intervals, or in
zones of poor recovery to a maximum of 1.5m
(core run length). No compositing has been
applied to theprimarysamples.
Orientation of data in
relation to geological
structure
Whether the orientation of sampling achieves unbiased
sampling of possible structures and the extent to which
this is known, considering the deposit type.
The bulk of the mineralisation dips at 15
degrees, drilling at angles between vertical and
60ogive approximately true width intercepts.
Some mineralisation is hosted in steeply
dipping structures. Angled drilling is the
preferred orientation, as vertical holes have the
potential toproduce biased results.
If the relationship between the drilling orientation and
the orientation of key mineralised structures is
considered to have introduced a sampling bias, this
should be assessed and reported if material.
The company considers it can identify the
structural mineralisation as it is distinctly
different visually and compositionally from the
stratiform VMS mineralisation. This style of
mineralisation comprises approximately half
the tonnage of the inferred resource. Further
drilling is required to upgrade confidence in
thispart of the resource model.
Sample security The measures taken to ensure sample security. The chain of custody for UDH020 to 040 was
managed by the company to the point of
delivery to an international freight company,
the samples were then shipped directly to
Genalysis in Perth who managed quarantine
and customs permitting.
The chain of custody for the other drill holes is
unrecorded, however the tenor of the results,
and the geology of that drilling is consistent
with later drillingand the companyhas no

Page 9 of 18

Quarterly Activities Report as at 31[st] December 2013

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reason to suspect the samples were interfered
with.
Audits or reviews The results of any audits or reviews of sampling
techniques and data.
No external audits or reviews of the sampling
techniques and procedures have been
conducted to date.

Section 2 – Reporting of Exploration Results

Criteria JORC Code Explanation Commentary
Mineral Tenement and land
tenure status
Type, reference name/number, location and
ownership including agreements or material issues
with third parties such as joint ventures,
partnerships, overriding royalties, native title
interests, historical sites, wilderness or national
park and environmental settings.
The Inferred Resource is located on Special
Prospecting License (SPL)1387 which is 100%
owned by Matai Holdings Ltd, a wholly owned
subsidiary of Dateline Resources Ltd. There are
no 3rdparty issues of which the company is
aware at this point in time.
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.
The tenement is currently valid until 22ndof Jan
2015, at which time the tenement may be
renewed if the terms of the licence have been
met. Currently the company sees no reason
whya renewal would not begranted.
Exploration done by other
parties
Acknowledgment and appraisal of exploration by
other parties.
The resource surrounds an abandoned open pit
mine which operated as a copper mine in the
a1960’s. Limited records of this work exist, and
no analytical data is available for the drilling
conducted by the mine operator. Exploration
post mining and prior to the company’s work
comprised surface sampling and mapping, and
four diamond drill holes (GPDDH1 to 4) in the
1980’s.
Geology Deposit type, geological setting and style of
mineralisation.
The mineralisation is a hybrid of VMS and
epithermal styles wherein both low and high
sulphidation styles are recognised, these
represent two stages of mineralisation in an
evolving hydrothermal system in an emergent
basin environment. The mineralisation is
hosted in a sequence of felsic dominated
sediments deposited into a basin environment,
largely sourced from adjacent porphyry. The
mineralisation is interpreted be Late Miocene
in age.
Drill hole Information A summary of all information material
to the understanding of the exploration results
including a tabulation of the following information
for all Material drill holes: easting and northing of
the drill hole collar

elevation or RL (Reduced Level –
elevation above sea level in metres) of
the drill hole collar

dip and azimuth of the hole

down hole length and interception depth

hole length.
See attached table 1 for drill hole collar details,
and a table 2, significant intercepts.

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Data aggregation methods In reporting Exploration Results, weighting
averaging techniques, maximum and/or minimum
grade truncations (eg cutting of high grades) and
cut-off grades are usually Material and should be
stated.
Tabulated results in Table 2 are at either a 0.5%
Zn or 0.5% Cu, lower cut off with up to 2m of
internal dilution. No upper cut was applied to
the data.
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.
Table 2 states higher grade short intercepts
which have been incorporated into the broader
mineralised zones the procedure for which is
documented above.
The assumptions used for any reporting of metal
equivalent values should be clearlystated.
Not Applicable.
Relationship between
mineralisation widths and
intercept lengths
These relationships are particularly important in the
reporting of Exploration Results.
If the geometry of the mineralisation with respect
to the 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’).
See section 1 aboveOrientation of data in
relation to geological structure.
Diagrams Appropriate maps and sections (with scales) and
tabulations of 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.
These are included in the resource report held
on file.
Balanced reporting Where comprehensive reporting of 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.
See Table 2.
Other substantive exploration
data
Other exploration data, if meaningful and material,
should be reported including (but not limited to):
geological 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
contaminatingsubstances.
Bulk density measurements used in this
estimate were measured from drill core. No
metallurgical work of significance has been
undertaken.
Further work The nature and scale of planned further work (eg
tests for lateral extensions or depth extensions or
large-scale step-out drilling).
Further drilling is required to close off the
mineralisation down dip.
Diagrams clearly highlighting the areas of possible
extensions, including the main geological
interpretations and future drilling areas, provided
this information is not commerciallysensitive.
See resource Report.

Section 3 – Estimation and Reporting of Mineral Resources

Criteria JORC Code Explanation Commentary
Database integrity Measures taken to ensure that data has not been
corrupted by, for example, transcription or keying
errors, between its initial collection and its use for
Mineral Resource estimationpurposes.
See above Section 1Verification of sampling
and assaying
Data validation procedures used. See above Section 1Verification of sampling
and assaying
Site visits Comment on any site visits undertaken by the
Competent Person and the outcome of those visits.
The author supervised the majority of the
drilling utilised in the estimate and has spent
considerableperiods of time on site.
If no site visits have been undertaken indicate why
this is the case.
Not applicable.

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Quarterly Activities Report as at 31[st] December 2013

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Geological interpretation Confidence in (or conversely, the uncertainty of)
thegeological interpretation of the mineral deposit.
As more data is collected the geological
interpretation will be updated.
Nature of the data used and of any assumptions
made.
Logging and mapping were the basis of the
geological interpretation. Interpretation, as a
rule,heavilyrelies on assumptions.
The effect, if any, of alternative interpretations on
Mineral Resource estimation.
An alternative interpretation will have an
impact on the resource estimate.
The use of geology in guiding and controlling
Mineral Resource estimation.
The geological interpretation was developed
first, and then a model of the resource was
constructed.
The factors affecting continuity both of grade and
geology.
These are poorly understood due to the wide
spacing of the current drilling, hence
classification as inferred.
Dimensions The extent and variability of the Mineral Resource
expressed as length (along strike or otherwise),
plan width, and depth below surface to the upper
and lower limits of the Mineral Resource.
The mineralisation outcrops, and generally dips
at 15o to the south. The resource estimate
covers a strike of 800m to a maximum depth of
100m. Mineralisation comprises a number of
VMS pods, and structurally hosted epithermal
mineralisation.
Estimation and modelling
techniques
The nature and appropriateness of the estimation
technique(s) applied and key assumptions,
including treatment of extreme grade values,
domaining, interpolation parameters and maximum
distance of extrapolation from data points. If a
computer assisted estimation method was chosen
include a description of computer software and
parameters used.
Due to the sparse nature of the drilling and the
complexity of the mineralisation resource
estimation was undertaken using classical end
area sectional techniques, with mineralisation
being projected half the distance between each
drill section and half the distance between
adjacent holes on each section.
Intercepts were composited on the basis of a
lower cutoff of 0.5% Zinc, with up to 2m of
continuous internal dilution included within the
composite. Copper, Lead, Gold, Silver and
Arsenic grades were composited over the same
intervals.
Mineralisation has been modelled to a
maximum depth of 100m below surface and to
a maximum distance of 40m from a drill hole.
The availability of check estimates, previous
estimates and/or mine production records and
whether the Mineral Resource estimate takes
appropriate account of such data.
Previous (both unpublished and non JORC
compliant) estimates are of similar quanta.
Mine production records are not available.
The assumptions made regarding recovery of by-
products.
No assumptions have been made at this stage,
it is considered reasonable to expect Zn, Cu, Au
and Ag would contribute to the economics of
theproject,if itprogresses to development.
Estimation of deleterious elements or other non-
grade variables of economic significance (eg
sulphur for acid mine drainage characterisation).
The inferred Resource is estimated to contain
on average 635ppm of As. No other potentially
deleterious elements have been assessed at
this stage, and acid mine drainage (AMD)
assessments have not been undertaken.
In the case of block model interpolation, the block
size in relation to the average sample spacing and
the search employed.
Not Applicable to this estimate.
Any assumptions behind modelling of selective
miningunits.
Not Applicable to this estimate.
Any assumptions about correlation between
variables.
Not Applicable to this estimate.
Description of how the geological interpretation
was used to control the resource estimates.
The modelled mineralisation is based on the
geological interpretation.
Discussion of basis for using or not using grade
cuttingor capping.
A probability plot of the grade data was
generated and no outliers were observed.
The process of validation, the checking process
used, the comparison of model data to drill hole
data, and use of reconciliation data if available.
Not Applicable to this estimate, the model
grades are the composited grade of the drill
hole. No reconciliation data from historical
miningis available.
Moisture Whether the tonnages are estimated on a dry basis
or with natural moisture, and the method of
determination of the moisture content.
Tonnages were estimated on a dry basis, the
moisture content has not been measured.
Cut-off parameters The basis of the adopted cut-off grade(s) or quality
parameters applied.
0.5% Zn or 0.5% Cu was considered to be a
reasonable estimate for a cut off grade for this
style of mineralisation at the time the estimate
was made.
Mining factors or assumptions Assumptions made regarding possible mining
methods, minimum mining dimensions and internal
(or, if applicable, external) mining dilution. It is
The resource estimate has been undertaken on
the premise that the project would be
exploited via openpit methods,as a

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always necessary as part of the process of
determining reasonable prospects for eventual
economic extraction to consider potential mining
methods, but the assumptions made regarding
mining methods and parameters when estimating
Mineral Resources may not always be rigorous.
Where this is the case, this should be reported with
an explanation of the basis of the mining
assumptions made.
zinc/copper dominant deposit.
The resource estimate lies partly beneath a
historical open cut copper mine.
Metallurgical factors or
assumptions
The basis for assumptions or predictions regarding
metallurgical amenability. It is always necessary as
part of the process of determining reasonable
prospects for eventual economic extraction to
consider potential metallurgical methods, but the
assumptions regarding metallurgical treatment
processes and parameters made when reporting
Mineral Resources may not always be rigorous.
Where this is the case, this should be reported with
an explanation of the basis of the metallurgical
assumptions made.
Preliminary metallurgical test work undertaken
in 1998 suggested that it was likely that a
payable zinc concentrate could be produced.
Further work is required to confirm and
optimize these results.
The zinc and copper grades in this estimate are
head grades, not recoverable grades.
Environmental factors or
assumptions
Assumptions made regarding possible waste and
process residue disposal options. It is always
necessary as part of the process of determining
reasonable prospects for eventual economic
extraction to consider the potential environmental
impacts of the mining and processing operation.
While at this stage the determination of potential
environmental impacts, particularly for a
greenfields project, may not always be well
advanced, the status of early consideration of these
potential environmental impacts should be
reported. Where these aspects have not been
considered this should be reported with an
explanation of the environmental assumptions
made.
Environmental impacts have not been
considered in detail; however an open pit
mining operation previously operated on the
site.
The company is collecting environmental data
so a baseline is available when environmental
impacts are assessed.
Bulk density Whether assumed or determined. If assumed, the
basis for the assumptions. If determined, the
method used, whether wet or dry, the frequency of
the measurements, the nature, size and
representativeness of the samples.
Density data was collected from the core by
physically measuring 79, 10 to 20cm long
segments of HQ core with engineering
callipers, then weighing the core. It was not
possible to use the more classical technique of
weighing the core in air and water, as the core
tends to be porous. Samples of all major rock
units and ore types were measured. In future
the use of downhole radiometric tools to
collect in situ density data should be seriously
considered.
The bulk density for bulk material must have been
measured by methods that adequately account for
void spaces (vugs, porosity, etc), moisture and
differences between rock and alteration zones
within the deposit.
See above.
Discuss assumptions for bulk density estimates
used in the evaluation process of the different
materials.
No assumptions were made.

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Classification The basis for the classification of the Mineral
Resources into varying confidence categories.
The estimate was been entirely classified as an
Inferred Resource under the 2004 JORC
Guidelines. There is no reason to revise this in
the light of 2012 guidelines. In order for
confidence in the estimate to be upgraded the
following work is recommended;
1.
All drill hole collars should be picked
up by a licensed surveyor.
2.
In preference previous drill holes
DDHG1to 4 and MUHPDDH1 to 12
would not be utilized in a future
estimate as they have not been
downhole surveyed and the core is
no longer available for review.
3.
Consideration should be given to
logging future drill holes with a
gamma radiation tool in order to
collect in situ density data.
Further infill drilling is required to increase
confidence in the estimate and the geological
interpretation, to a density of approximately
20x80m spaced drill holes.
Whether appropriate account has been taken of all
relevant factors (ie relative confidence in
tonnage/grade estimations, reliability of input data,
confidence in continuity of geology and metal
values, quality, quantity and distribution of the
data).
Yes it has.
Whether the result appropriately reflects the
Competent Person’s view of the deposit.
Yes it does.
Audits or reviews. The results of any audits or reviews of Mineral
Resource estimates.
No audits or reviews of the Mineral resource
Estimate have been carried out.
Discussion of relative accuracy/
confidence
Where appropriate a statement of the relative
accuracy and confidence level in the Mineral
Resource estimate using an approach or procedure
deemed appropriate by the Competent Person. For
example, the application of statistical or
geostatistical procedures to quantify the relative
accuracy of the resource within stated confidence
limits, or, if such an approach is not deemed
appropriate, a qualitative discussion of the factors
that could affect the relative accuracy and
confidence of the estimate.
The estimate has been classified entirely as an
Inferred resource, the classification
appropriately reflects the confidence level in
the mineral resource.
The statement should specify whether it relates to
global or local estimates, and, if local, state the
relevant tonnages, which should be relevant to
technical and economic evaluation. Documentation
should include assumptions made and the
procedures used.
See above.
These statements of relative accuracy and
confidence of the estimate should be compared
withproduction data,where available.
No production data is available.

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Appendix 2: Nukudamu Base Metals Project – Heli Rig NQTT samples

Section 1 – Sampling Techniques and Data

Criteria JORC Code Explanation Commentary
Sampling Techniques Nature and quality of sampling (eg cut
channels, random chips, or specific
specialised industry standard measurement
tools appropriate to the minerals under
investigation, such as down hole gamma
sondes, or handheld XRF instruments, etc).
These examples should not be taken as
limiting the broad meaning of sampling.
All sampling is half diamond drill core, NQ size.
Include reference to measures taken to
ensure sample representivity and the
appropriate calibration of any measurement
tools or systems used.
Half core samples are collected, with the core
cut along a line drawn on the top of the core,
as it was placed into the trays by the drillers.
The left hand side of the cut core is bagged for
submission to a laboratory.
Aspects of the determination of mineralisation
that are Material to the Public Report. In cases
where ‘industry standard’ work has been
done this would be relatively simple (eg
‘reverse circulation drilling was used to obtain
1 m samples from which 3 kg was pulverised to
produce a 30 g charge for fire assay’). In other
cases more explanation may be required,
such as where there is coarse gold that has
inherent sampling problems. Unusual
commodities or mineralisation types (eg
submarine nodules) may warrant disclosure of
detailed information.
Half core is submitted to a laboratory for
sample preparation, no sub-sampling is
performed in site.
Drilling techniques Drill type (eg core, reverse circulation, open-hole
hammer, rotary air blast, auger, Bangka, sonic, etc) and
details (eg core diameter, triple or standard tube, depth
of diamond tails, face-sampling bit or other type,
whether core is oriented and if so,bywhat method,etc).
All samples are diamond drill core NQ size.
Drilling is triple tube to improve core
recoveries. Core is not orientated.
Drill sample recovery Method of recording and assessing core and chip
sample recoveries and results assessed.
Core recovery is measured and recorded
individually for each sample and the
information stored in the analytical database.
Measures taken to maximise sample recovery and
ensure representative nature of the samples.
Large diameter (PQ or HQ) triple tube diamond
drilling provides the best core recovery in what
is commonly difficult ground conditions both
within mineralisation and the surrounding
alteration zones. Poor sample recovery in clay
alteration zones is a significantproblem.
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.
Analytical data is compared against core
recovery. To date there is no clear relationship
apparent between grade and recovery.
However the grade of the material lost is not
known, and the impact on the overall grade of
an intercept might be either positive or
negative.
Logging Whether core and chip samples have been geologically
and geotechnically logged to a level of detail to support
appropriate Mineral Resource estimation, mining
studies and metallurgical studies.
All drilling reported has been geologically and
geotechnically logged by qualified geological
staff at level suitable to support a mineral
resource estimate if required in the future.
Whether logging is qualitative or quantitative in nature.
Core (or costean, channel, etc) photography.
All core is photographed prior to being
sampled. The photography is stored in a digital
format. Half core for all holes is stored on site
and available for review.
The total length and percentage of the relevant
intersections logged.
100% of the core was geologically logged.

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Sub-sampling techniques
and sample preparation
If core, whether cut or sawn and whether quarter, half
or all core taken.
Half core is either cut with a diamond saw, or
with a brickies chisel in soft clayeyzones.
If non-core, whether riffled, tube sampled, rotary split,
etc and whether sampled wet or dry.
Not applicable.
For all sample types, the nature, quality and
appropriateness of the sample preparation technique.
Samples were submitted to ALS Lami, where
they were dried, crushed and pulverised to 90%
passing -80# prior to being sub sampled for
analytical work. The process is considered
appropriate given the generally fine grained
nature of the mineralisation. The work is
conducted to accepted industrystandards.
Quality control procedures adopted for all sub-sampling
stages to maximise representivity of samples.
Field QC procedures require that certified
analytical standard reference materials are
submitted at a rate of 1:20.
Measures taken to ensure that the sampling is
representative of the in situ material collected, including
for instance results for field duplicate/second-half
sampling.
Re-splitting and re-assaying sub samples and
field duplicates of ½ core has not yet been
conducted due to the early stage nature of the
project. However analytical pulps and half core
are stored so that this work can be undertaken
in the future if required.
Whether sample sizes are appropriate to the grain size
of the material being sampled.
Sample sizes are considered appropriate due to
the fine grained nature of the mineralisation
beingsampled(sulphides <1mm).
Quality of assay data and
laboratory tests
The nature, quality and appropriateness of the assaying
and laboratory procedures used and whether the
technique is considered partial or total.

Samples were submitted to ALS,
Lami for sample preparation, they
were oven dried, jaw crushed to -
6mm, rotary split to a 1,000g sub-
sample which was pulverized to 85%
<75um.

The pulps were then sent via
airfreight to ALS Brisbane where:

Gold was determined by 50g Fire
assay with AA finish.

Ag, Al, As, Bi, Ca, Cd, Co, Cr, Cu, Fe,
K, Li, Mg, Mn, Mo, Na, Ni, P, S, Sb,
Sc, Sr, U, V, W, Zn being determined
at a variety of detection limits by
ICP-AES with four acid digest.

The acid digest used is considered to
be a total digest.
For geophysical tools, spectrometers, handheld XRF
instruments, etc, the parameters used in determining the
analysis including instrument make and model, reading
times, calibrations factors applied and their derivation,
etc.
Not Applicable.
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.
Laboratory QA/QC data is provided available
for all analytical jobs. The data suggests an
acceptable level of precision was achieved.
The company submits an independent suite of
standards. Analysis of this data confirms an
acceptable level ofprecision was achieved.
Verification of sampling
and assaying
The verification of significant intersections by either
independent or alternative company personnel.
No verification has been undertaken to date,
do to the early stage nature of the project.
Drill core and analytical pulps have been stored
so that this work can be undertaken in the
future.
The use of twinned holes. At this point in time no drill holes have been
twinned.
Documentation of primary data, data entry procedures,
data verification, data storage (physical and electronic)
protocols.
All drilling information was recorded on paper
on site, then entered into Excel spreadsheets.
Hardcopy data is held on file in the Nadi office,
and electronic data is stored on a server in the
Nadi office which is backed up at regular
intervals.
Discuss any adjustment to assay data. No adjustments have been made to the
analytical data.

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Location of data points Accuracy and quality of surveys used to locate drill
holes (collar and down-hole surveys), trenches, mine
workings and other locations used in Mineral Resource
estimation.
All drill hole collars were located with a hand
held GPS, by taking a number of readings over
a period of days and averaging the results. RL
was taken from a DTM generated from satellite
data. Accuracyis considered to be +/- 5m.
Specification of thegrid system used. WGS84,UTM Zone 60 South
Quality and adequacy of topographic control. The topographic model is a DTM generated
from a steropair of satellite images
Data spacing and
distribution
Data spacing for reporting of Exploration Results. Drilling was conducted on a section spacing of
approximately 80m with holes at 40m intervals
on each section. Drill spacing is impacted by
topographic features.
Whether the data spacing and distribution is sufficient
to establish the degree of geological and grade
continuity appropriate for the Mineral Resource and
Ore Reserve estimation procedure(s) and classifications
applied.
Not applicable
Whether sample compositing has been applied. Samples were collected on 1m intervals, or in
zones of poor recovery to a maximum of 1.5m
(core run length). No compositing has been
applied to theprimarysamples.
Orientation of data in
relation to geological
structure
Whether the orientation of sampling achieves unbiased
sampling of possible structures and the extent to which
this is known, considering the deposit type.
The bulk of the mineralisation dips at 15
degrees, drilling at angles between vertical and
60ogive approximately true width intercepts.
Some mineralisation is hosted in steeply
dipping structures. Angled drilling is the
preferred orientation, as vertical holes have the
potential toproduce biased results.
If the relationship between the drilling orientation and
the orientation of key mineralised structures is
considered to have introduced a sampling bias, this
should be assessed and reported if material.
The company considers it can identify the
structural mineralisation as it is distinctly
different visually and compositionally from the
stratiform VMS mineralisation. This style of
mineralisation comprises approximately half
the tonnage of the inferred resource. Further
drilling is required to upgrade confidence in
thispart of the resource model.
Sample security The measures taken to ensure sample security. The chain of custody for UDH020 to 040 was
managed by the company to the point of
delivery to an international freight company,
the samples were then shipped directly to
Genalysis in Perth who managed quarantine
and customs permitting.
The chain of custody for the other drill holes is
unrecorded, however the tenor of the results,
and the geology of that drilling is consistent
with later drilling and the company has no
reason to suspect the samples were interfered
with.
Audits or reviews The results of any audits or reviews of sampling
techniques and data.
No external audits or reviews of the sampling
techniques and procedures have been
conducted to date.

Section 2 – Reporting of Exploration Results

Criteria JORC Code Explanation Commentary
Mineral Tenement and land
tenure status
Type, reference name/number, location and
ownership including agreements or material issues
with third parties such as joint ventures,
partnerships, overriding royalties, native title
interests, historical sites, wilderness or national
park and environmental settings.
The Inferred Resource is located on Special
Prospecting License (SPL)1387 which is 100%
owned by Matai Holdings Ltd, a wholly owned
subsidiary of Dateline Resources Ltd.
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.
The tenement is currently valid until 22~~nd~~of Jan
2015, at which time the tenement may be
renewed if the terms of the licence have been
met. Currently the company sees no reason
whya renewal would not begranted.
Exploration done by other
parties
Acknowledgment and appraisal of exploration by
other parties.
The resource surrounds an abandoned open pit
mine which operated as a copper mine in the
a1960’s. Limited records of this work exist, and
no analytical data is available for the drilling
conducted bythe mine operator. Exploration

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post mining and prior to the company’s work
comprised surface sampling and mapping, and
four diamond drill holes (GPDDH1 to 4) in the
1980’s.
Geology Deposit type, geological setting and style of
mineralisation.
The mineralisation is a hybrid of VMS and
epithermal styles wherein both low and high
sulphidation styles are recognised, these
represent two stages of mineralisation in an
evolving hydrothermal system in an emergent
basin environment. The mineralisation is
hosted in a sequence of felsic dominated
sediments deposited into a basin environment,
largely sourced from adjacent porphyry. The
mineralisation is interpreted be Late Miocene
in age.
Drill hole Information A summary of all information material
to the understanding of the exploration results
including a tabulation of the following information
for all Material drill holes: easting and northing of
the drill hole collar

elevation or RL (Reduced Level –
elevation above sea level in metres) of
the drill hole collar

dip and azimuth of the hole

down hole length and interception depth

hole length.
See attached table 1 for drill hole collar details,
and a table 2, significant intercepts.
Data aggregation methods In reporting Exploration Results, weighting
averaging techniques, maximum and/or minimum
grade truncations (eg cutting of high grades) and
cut-off grades are usually Material and should be
stated.
Tabulated results in Table 2 are at either a 0.5%
Zn or 0.5% Cu, lower cut off with up to 2m of
internal dilution. No upper cut was applied to
the date.
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.
Table 2 states higher grade short intercepts
which have been incorporated into the broader
mineralised zones the procedure for which is
documented above.
The assumptions used for any reporting of metal
equivalent values should be clearlystated.
Not Applicable.
Relationship between
mineralisation widths and
intercept lengths
These relationships are particularly important in the
reporting of Exploration Results.
If the geometry of the mineralisation with respect
to the 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’).
See section 1 aboveOrientation of data in
relation to geological structure.
Further work The nature and scale of planned further work (eg
tests for lateral extensions or depth extensions or
large-scale step-out drilling).
Further drilling is required to close off the
mineralisation down dip.

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