DATELINE RESOURCES LIMITED — Interim / Quarterly Report 2019

Jul 29, 2019

ASX Release 30 July 2019

DATELINERESOURCES LIMITED

(ACN 149 105653) ASX Code:DTR

CAPITALSTRUCTURE

Share Price (30/07/19) $0.003 Shares on issue 8,135million Market Cap $24.4million Unlisted Options 45 million

MAJOR SHAREHOLDERS

Southern Cross Exploration NL 32.5% Mr. Mark Johnson AO 19.6% National Nominees Ltd 15.4%

DIRECTORS & MANAGEMENT

Mark JohnsonAO Chairman

==> picture [73 x 73] intentionally omitted <==

June 2019 Quarterly Report

Gold Links drilling program

In the June quarter the company commenced an 8,000 metre drilling program at the northern section of the Gold links Project. The drilling program is intended to prove the down-dip extension of both the Sacramento and 2150 veins.

The drill program has so far been expanded from 41 to 45 holes as a result of testing further along the strike of the Sacramento vein.

The Company decided to acquire a multi-purpose drill rig capable of both RC and Diamond core drilling. The RC drill is very useful to get through the waste material cost effectively. A Diamond core drill contractor was appointed to oversee the drill program and to use their diamond drill to finish off the holes that were pre-collared by RC using our own rig. Some of the shallower holes were completed in full by RC drilling.

Stephen Baghdadi ManagingDirector

Greg Hall 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

As at today's date, stages one and two of the three stage Sacramento drilling program has been completed for a total of 16 holes. The company is awaiting the return of assay results for 60+ samples that have been sent to Hazen Laboratories in Denver, Colorado.

The outstanding assay results are expected back by Friday the 9th of August USA time at which stage they will be digitized and presented to the market in a separate announcement.

Drilling has commenced on the 2150 vein. The holes planned for the 2150 vein are longer than the holes drilled at the Sacramento and will take more time to complete. Updates on the 2150 drilling will be provided once results have been analysed and digitised

ASX Release 30 July 2019

Gold Links Field and Geophysics program

A comprehensive mapping and geophysics program which will complement the data obtained by the Lidar survey is being developed. This program will cover all the claims that make up the Gold Links project.

A decision on whether to proceed with the program will be made in the September ‘19 quarter.

Lucky Strike and Mineral Hill veins

Subject to the timing of the completion of the drilling program at the Gold Links, the company aims to drill below the Mineral Hill vein in the December ‘19 quarter. The Mineral Hill and Lucky Strike veins have the same orientation and characteristics and are thought to be the same structure.

The Lucky Strike and Mineral Hill veins are located at the same site as the company owned mill. The opportunity of drilling at Mineral Hill is made possible because we own our own rig and can drill cost effectively.

A decision to proceed with drilling the Mineral Hill vein will be made closer to when the current Gold Links drilling program nears conclusion.

Lucky Strike Mill

The permitted 100% owned mill remains on care and maintenance and is in a ready to operate state.

Finance

During the June ‘19 Quarter an amount in the order of USD430,000 was expended on equipment purchases that will reduce ongoing operating costs.

The company remains in a sound financial position and well-funded to complete this exploration program and any expansion thereof that is deemed to be beneficial in furthering our objectives.

Please refer to the Appendix 5B released today for additional financial information.

==> picture [475 x 4] intentionally omitted <==

==> picture [73 x 73] intentionally omitted <==

2 | ASX Release 30 July 2019

ASX Release 30 July 2019

For more information, please contact:

John Smith

CFO / Company Secretary +61 2 9375 2353

www.datelineresources.com.au

About Dateline Resources Limited

Dateline Resources Limited (ASX: DTR) is an Australian publicly listed company focused on gold mining and exploration in Colorado, United States of America. The Company owns 100% of the Gold Links project which is located in Gunnison County

The Gold Links is comprised of several contiguous historic gold mines that have been consolidated by the company. Gold Links has produced up to 150,000 oz of high-grade gold (see ASX announcement of 8 February 2019)

Mineralisation can be traced on surface and underground for almost 6km from the Northern to the Southern sections of the project. Well documented records indicate that there are large areas that remain untested at surface and little to no exploration has been done below the valley floor.

Dateline also owns the Lucky Strike and Mineral Hill permitted gold properties and has recommissioned a gold processing plant located at the Lucky Strike Mine.

The Gold Links and the Lucky Strike are located approximately 50km apart

==> picture [475 x 4] intentionally omitted <==

==> picture [73 x 73] intentionally omitted <==

3 | ASX Release 30 July 2019