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DATELINE RESOURCES LIMITED Interim / Quarterly Report 2015

Jan 29, 2015

64793_rns_2015-01-29_53ecb6d3-6b5b-4335-8893-8eed94b84e50.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 4.53mt at 1.2% Cu, 3.9% Zn, 0.26g/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.

  • 100% owned project portfolio.

Capital Structure

  • 76.3 million ordinary shares

  • 50.4% capital held by Directors and Management

Directors & Management

Mark Johnson AO Chairman

Stephen Baghdadi Executive Director

George Niumataiwalu

Non-Executive Director

Greg Hall

Non-Executive Director

John Smith

Company Secretary

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Contact:

John Smith

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

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

Udu Project Fiji

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QUARTERLY ACTIVITIES REPORT As at 31[st] December 2014

Dateline Resources Limited (“the Company” or “Dateline”) is pleased to present its Activities Report for the Quarter ended 31[st] December, 2014

Highlights during the Quarter

Udu Project Fiji

  • The company continues to review its strategy, the near term focus to be on regional exploration for porphyry copper systems with a view to defining a new and historically under explored porphyry copper province.

  • Drilling programs during the December ’14 quarter continue to be on hold due to budgetary constraints.

  • Further alternative exploration approaches costed and evaluated.

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Quarterly Activities Report as at 31[st] December 2014

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Tenement Schedule

nement Schedule
Project Number Ownership Location
Udu SPL1387 100% Fiji
Udu SPL1396 100% Fiji
Udu SPL1494 100% Fiji
Udu CX814 Application 100% Fiji
Udu CX815 Application 100% Fiji

Corporate

Conditions for junior exploration companies continued to be extremely difficult. There is an uncertain outlook for economic growth and for commodity prices. In these circumstances financial markets will only support projects offering near term cash flow or really outstanding prospects. DTR’s response has been to adopt stringent cash control, and to confine all but absolutely essential expenditures.

DTR’s tenements at Udu are prospective for porphyry occurrences. Data and information on these prospects and a conceptual framework for low cost exploration were further evaluated. The company is now in a position to provide potential joint venture partners with access to a considerable data base.

Opportunities in gold and base metals outside Fiji could dilute single project risk and be in the interests of DTR shareholders. Considerable effort was given to the development of other opportunities, a number were examined and several were judged to be attractive. Evaluation of these prospects and analysis of possible terms of entry are continuing.

Examination regarding possible participation in a number of new projects and maintaining and reviewing the Company's existing projects were the principal activities during the quarter. There were no acquisitions or disposals of any interests in any of the Company's projects during the quarter. Directors continue to investigate opportunities to participate in joint ventures and acquire projects in Australia and overseas.

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 4.53mt at 1.2% Cu,3.9% Zn, 29g/t Ag and 0.26g/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]

*The resource estimate was reported to JORC 2012 guidelines in the company’s quarterly activities report for the quarter ending December 2012. All material assumptions and technical parameters underpinning the estimates in that announcement continue to apply and have not materially changed.

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 an independent consultant and a fulltime employee of Derwent Geoscience (Fiji) Pte Ltd. Mr Capp has sufficient experience 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.

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