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DATELINE RESOURCES LIMITED Interim / Quarterly Report 2020

Apr 29, 2020

64793_rns_2020-04-29_48f188a0-2e70-406f-ae52-fc60b2484780.pdf

Interim / Quarterly Report

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ASX Release 30 April 2020

March 2020 Quarterly Report

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DATELINERESOURCES LIMITED

(ACN149105653) ASX Code:DTR

Dateline Resources Limited (ASX:DTR) (“Dateline” or the “Company”), is pleased to provide this Activities Report for the three-month period ending 31 March 2020.

Green Mountain – Colorado USA 100% owned

CAPITALSTRUCTURE

Share Price (29/04/20)$0.002 Shares on issue 8,210million Market Cap $16.4million UnlistedOptions 10million

MAJORSHAREHOLDERS

Southern Cross ExplorationNL 32.5% Mr. Mark JohnsonAO 19.6% National NomineesLtd 15.4%

DIRECTORS & MANAGEMENT

Mark JohnsonAO Chairman

Stephen Baghdadi ManagingDirector

GregHall Non-ExecutiveDirector

Tony Ferguson Non-Executive Director

John Smith CompanySecretary

CONTACT

John Smith Phone:+612 93752353 PostalAddress:P.O.Box 553 South Hurstville NSW2221 Email:[email protected]

During the March quarter, the Company undertook a reconnaissance RC drilling program at the Green Mountain project. The drilling program commenced in late February and had to be finalised by March 14. Due to heavy snow and ice, access was limited to areas immediately adjacent to the Lucky Strike section of the property and on or near existing roads.

The drilling program was designed to obtain information from which further exploration plans could be made. The primary target areas were,

  • Rhyolite Porphyry Dyke - for presence of gold

  • Lucky Strike quartz vein – for continuity both on strike and dip within the amphibolite

A total of 13 holes were drilled for 970 metres.

Notable intercepts are:

  • GM20-003 - 3m of 4.65g/t Au from 54m

  • GM20-001 - 36.5m of 0.47g/t Au from 14m

  • GM20-011 - 19.8m of 0.48g/t Au from 74m

  • GM20-005 - 4.5m of 0.45g/t Au from 51m

  • GM20-012 – 6.1M of 0.32g/t Au from 32m

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Figure 1: Plan view of drill collar locations

ASX Release 30 April 2020

Rhyolite Porphyry Dyke

As disclosed in the December 2019 quarterly report, a grab sample taken from the surface expression of the Rhyolite Porphyry Dyke returned assay values of 3.75g/t Au. The main Dyke can be traced for over 5km at surface within the Company claim boundary. Follow up drilling was made on an accessible splay off the main dyke to test for mineralisation. Hole GM20-012 was drilled to a depth of 38.1m. A 6.1m section from 32-38.1 metres returned assay values of .32g/t. The hole was terminated within the Dyke and in mineralisation

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Figure 2: Cross section for hole GM20-012 looking west

Lucky Strike Vein

Drilling confirmed that the Lucky Strike vein system is open down-dip and on-strike to the east. Five of the RC drill holes intercepted the Lucky Strike vein within the amphibolite. The drilling program found that the Lucky Strike vein is in a wider vein system and several semi-parallel auriferous veins were intersected.

Hole GM20-003 intersected -3m of 4.65g/t Au from 54m

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Figure 3: Cross section for hole GM20-003 looking east

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ASX Release 30 April 2020

Wide zones of disseminated gold

Several zones of auriferous, disseminated mineralisation were found within the Lucky Strike vein system. This disseminated mineralisation has a core consisting of pyrites, quartz veinlets, and silicification. Distal to the stronger mineralisation are found lower contents of pyrites and quartz veinlets with chlorites and epidote. The wide zones of auriferous sulphide mineralization near the veins should present good targets for future IP geophysical exploration and drill targeting .

The wider zones intersected are in the amphibolite or in the meta-sediments adjacent and above the mapped and inferred amphibolite.

Figure 4: Cross section looking east hole GM20001 36.5m of .47g.t Au in amphibolite

Figure 5: Cross section looking east hole GM20-011 19.8m of .48g/t Au in metasediments

Additional

  • Drilling has confirmed that the top of the amphibolite body plunges rapidly towards the east-southeast as was inferred by the ground magnetics study in 2019.

  • The drilling program supports the hypothesis that the vein is best defined within the easterly plunging amphibolite body.

  • Downhole multi element geochemistry has found that Ag is the best match for the Au, but that Bi, Sb, W, Pb, Zn, Cd, Mo, Rb and Li all have consistent patterns of association.

The Company will follow up this maiden reconnaissance drilling program with deeper core drilling as soon as it is able to do so.

Gold Links – Colorado USA, 100% owned

In February of 2020, the company applied to the Colorado Division of Reclamation Mining and Safety for two 110(2) mining permits for its 100% owned Raymond and Carter properties located at Gold Links Centre and South. The applications were successful, and the permits were granted in April 2020 (See ASX announcement dated April 21, 2020)

The granting of these two additional mining permits gives Dateline a total of six mining permits in the Gunnison district of which five are spread across Gold Links North, Centre and South (Gold Links). In total, the company is now permitted to extract 420,000 tonnes per annum of which Gold Links makes up 350,000 and a further 70,000 tonnes from Green Mountain.

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ASX Release 30 April 2020

Historical records show that the majority of gold production within the Gold Links Project area occurred between 1896 and 1942. The Raymond was mined between 1890 and 1906 and again between 1939 and 1941. The Carter was mined up until 1932. Documented production from these two operations is 90,000 oz Au. Production was also continuous between 1933 and closure in 1942, however no production records for this period have been found yet. (See ASX announcement: 8 February 2019)

A detailed evaluation of the underground workings at Raymond and Carter properties was done by Atlas Precious Metals (Atlas) from 1983-1985. A summary of the Atlas work concluded that almost 4,000 metres of linear drifting was done and approximately 2,000 metres was mined. Using this metric, approximately 50% of the vein was productive. The evidence is based on extensive mapping and sampling by Atlas. The sampling was professionally conducted and assayed by Chemex labs (a division of ALS) but the results are non-JORC compliant

The Company is currently planning a summer work campaign and will notify the market once they are finalised.

Udu - Fiji 100% owned

The Udu project contains a JORC compliant inferred resource estimate of 4.53 million tonnes averaging 3.9% Zn, 1.2% Cu, 0.14% Pb, 0.26g/t Au, 29g/t Ag and 635ppm As using a 0.5% Zn cutoff.

Board and management have determined to spend the minimum amount required to retain ownership of the project and actively pursue a joint venture or farm in partner.

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ASX Release 30 April 2020

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 projectwhich 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 highgrade gold (see ASXannouncement of 8 February2019)

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 valleyfloor.

Dateline also owns the Green Mountain project that hosts 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.

Competent Person’s Statement

Exploration information in this announcement is based upon work reviewed reviewed by Mr Gregory Hall who is a Chartered Professional of Australasian Institute of Mining and Metallurgy (CP-IMM) and undertaken by Mr Allen David V. Heyl who is a Certified Professional Geologist of the American Institute of Professional Geologists (AIPG) and by Dahrouge Geological consultants. Mr Gregory Hall has sufficient experience that is relevant to the style of mineralisation and type of deposit 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’ (JORC Code). Mr Gregory Hall is a non-executive Director of Dateline Resources Ltd and consents to the inclusion in the report of the matters based on their information in the form and context in which it appears.

Forward Looking Statement s

This Announcement is provided on the basis that neither the Company nor its representatives make any warranty (express or implied) as to the accuracy, reliability, relevance or completeness of the material contained in the Announcement and nothing contained in the Announcement is, or may be relied upon as a promise, representationor warranty,whetheras to the past or the future. The Companyhereby excludes all warrantiesthat can be excluded by law. The Announcementcontains material which is predictive in nature and may be affected by inaccurate assumptions or by known and unknown risks and uncertainties and may differ materially from results ultimatelyachieved.

The Announcement contains “forward-looking statements”. All statements other than those of historical facts included in the Announcement are forward-looking statements including estimates of Mineral Resources. However, forward-looking statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by such forward-looking statements. Such risks include, but are not limited to, copper, gold and othermetals price volatility,currencyfluctuations,increased productioncosts and variancesin ore grade recovery rates from those assumed in mining plans, as well as political and operational risks and governmental regulation and judicial outcomes. The Company does not undertake any obligation to release publicly any revisions to any “forward-looking statement” to reflect events or circumstances after the date of the Announcement, or to reflect the occurrence of unanticipated events, except as may be required under applicablesecurities laws. All persons shouldconsiderseeking appropriateprofessionaladvicein reviewing the Announcementand all otherinformation with respect to the Companyand evaluatingthe business, financialperformanceand operationsof the Company.

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----- Start of picture text -----

ASX Release 30 April 2020
Sacramento
Adit
Raymond
Reynolds Adit
Carter
Adit
Adit
Gold Links North Gold Links Centre Gold Links South
This image is intended as a guide only and is not a surveyed map of our true boundaries
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Gold Links Northincludes Gold Links Centre includes Gold Links Southincludes
Sacramento Adit RaymondAdit Carter Adit
Sacramento vein 600vein 100vein
950vein 300vein
Reynolds Adit 1100vein 800vein
1200vein 1200vein 1320vein
1740vein 1700vein 1440vein
2100vein 1800vein 1480vein
2150vein 1825vein 1550vein
2200vein 2457vein 1925vein
2600vein 3300vein 2385vein
2800vein Jessie vein 2500vein
3300vein Gold Monument vein 2835vein
Maggie Mitchell vein 3040vein
Dateline discovered Volunteer vein 3131vein
Hill vein Upper Raymondvein 3640vein
West vein 3750vein
Veins starting with digits represent the number of feet from the start of
the portal and were discovered and mapped from insidethe adit
4085vein
4778vein
4868vein
Veins that don't start with digits were discovered from surface outcrops 4883vein
6300vein
Farleyvein
Only the 2150vein has been drilled below the valley floor Grand Prize vein
Volunteer vein
Chloride vein

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ASX Release 30 April 2020

2019 Drill-hole Collar Co-ordinates

Hole ID Easting (m) Northing (m) Elev. (m) TD (ft) TD (m)
GM20-001 338052 4255299 2787 368 118.7
GM20-002 337999 4255306 2783 183 59
GM20-003 337922 4255324 2776 430 138.7
GM20-004 337895 4255330 2793 200 64.5
GM20-005 337861 4255350 2797 265 85.5
GM20-006 337823 4255372 2788 200 64.5
GM20-007 337793 4255393 2782 230 74.2
GM20-008 337795 4255389 2783 148 47.7
GM20-009 338185 4255255 2806 230 74.2
GM20-010 338188 4255295 2810 225 72.6
GM20-011 338100 4255276 2803 311 100.3
GM20-012 338025 4255432 2779 145.8 47
GM20-X 338054 4255379 2765 85 27.4

Dateline Resources Drill Hole Collar Coordinates Colorado State Plane Central Zone

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ASX Release 30 April 2020

Drill-hole table

Green Mountain Drilling (>0.1 Au gm/T) Green Mountain Drilling (>0.1 Au gm/T) Green Mountain Drilling (>0.1 Au gm/T) Green Mountain Drilling (>0.1 Au gm/T) Green Mountain Drilling (>0.1 Au gm/T) Green Mountain Drilling (>0.1 Au gm/T) Green Mountain Drilling (>0.1 Au gm/T) Green Mountain Drilling (>0.1 Au gm/T) Green Mountain Drilling (>0.1 Au gm/T) Green Mountain Drilling (>0.1 Au gm/T)
SampleID Hole_ID Type From (ft) To (ft) **Length (ft) ** From (m) To (m) **Length (m) ** Au_ppm
GM001-013 GM20-001 RC 45 50 5 13.7 15.2 1.5 0.139
GM001-015 GM20-001 RC 55 60 5 16.8 18.3 1.5 1.170
GM001-016 GM20-001 RC 60 65 5 18.3 19.8 1.5 0.487
GM001-017 GM20-001 RC 65 70 5 19.8 21.3 1.5 0.376
GM001-018 GM20-001 RC 70 75 5 21.3 22.9 1.5 2.220
GM001-021 GM20-001 RC 75 80 5 22.9 24.4 1.5 0.512
GM001-023 GM20-001 RC 85 90 5 25.9 27.4 1.5 0.306
GM001-024 GM20-001 RC 90 95 5 27.4 29.0 1.5 0.172
GM001-025 GM20-001 RC 95 100 5 29.0 30.5 1.5 0.107
GM001-028 GM20-001 RC 110 115 5 33.5 35.1 1.5 1.035
GM001-031 GM20-001 RC 115 120 5 35.1 36.6 1.5 0.124
GM001-036 GM20-001 RC 140 145 5 42.7 44.2 1.5 1.760
GM001-037 GM20-001 RC 145 150 5 44.2 45.7 1.5 1.510
GM001-041 GM20-001 RC 160 165 5 48.8 50.3 1.5 1.135
GM001-048 GM20-001 RC 180 185 5 54.9 56.4 1.5 0.143
GM001-049 GM20-001 RC 185 190 5 56.4 57.9 1.5 1.045
GM001-050 GM20-001 RC 190 195 5 57.9 59.5 1.5 0.215
GM001-090 GM20-001 RC 330 335 5 100.6 102.1 1.5 0.516
GM002-014 GM20-002 RC 50 55 5 15.2 16.8 1.5 0.477
GM002-027 GM20-002 RC 105 110 5 32.0 33.5 1.5 0.182
GM002-045 GM20-002 RC 175 180 5 53.4 54.9 1.5 0.162
GM003-047 GM20-003 RC 180 185 5 54.9 56.4 1.5 1.080
GM003-049 GM20-003 RC 185 190 5 56.4 57.9 1.5 8.230
GM003-050 GM20-003 RC 190 195 5 57.9 59.5 1.5 0.702
GM003-064 GM20-003 RC 250 255 5 76.2 77.7 1.5 1.965
GM003-065 GM20-003 RC 255 260 5 77.7 79.3 1.5 0.156
GM004-034 GM20-004 RC 130 135 5 39.6 41.2 1.5 0.843
GM004-035 GM20-004 RC 135 140 5 41.2 42.7 1.5 0.515
GM004-036 GM20-004 RC 140 145 5 42.7 44.2 1.5 0.102
GM005-044 GM20-005 RC 170 175 5 51.8 53.4 1.5 0.434
GM005-045 GM20-005 RC 175 180 5 53.4 54.9 1.5 0.122
GM005-049 GM20-005 RC 190 195 5 57.9 59.5 1.5 0.807
GM011-007 GM20-011 RC 25 30 5 7.6 9.1 1.5 0.13
GM011-062 GM20-011 RC 240 245 5 73.2 74.7 1.5 1.965
GM011-063 GM20-011 RC 245 250 5 74.7 76.2 1.5 1.000
GM011-064 GM20-011 RC 250 255 5 76.2 77.7 1.5 0.724
GM011-065 GM20-011 RC 255 260 5 77.7 79.3 1.5 0.423
GM011-066 GM20-011 RC 260 265 5 79.3 80.8 1.5 0.208
GM011-068 GM20-011 RC 265 270 5 80.8 82.3 1.5 0.202
GM011-071 GM20-011 RC 280 285 5 85.4 86.9 1.5 0.507
GM011-072 GM20-011 RC 285 290 5 86.9 88.4 1.5 0.197
GM011-073 GM20-011 RC 290 295 5 88.4 89.9 1.5 0.391
GM011-075 GM20-011 RC 295 300 5 89.9 91.5 1.5 0.225
GM011-076 GM20-011 RC 300 305 5 91.5 93.0 1.5 0.374
GM012-028 GM20-012 RC 110 115 5 33.5 35.1 1.5 0.419
GM012-031 GM20-012 RC 115 120 5 35.1 36.6 1.5 0.341
GM012-032 GM20-012 RC 120 125 5 36.6 38.1 1.5 0.407
GM012-033 GM20-012 RC 125 130 5 38.1 39.6 1.5 0.144
GM00X-021 GM20-00X RC 75 80 5 22.9 24.4 1.5 0.115

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8 | ASXRelease 30 April 2020

Dateline Resources Limited

ASX Release 31 March 2020

JORC Code, 2012 Edition – Table 1 report template

Section 1 Sampling Techniques and Data

(Criteria in this section apply to all succeeding sections.)

Criteria JORC Code explanation Commentary
Sampling Nature and quality of sampling (eg •To date, on the Green Mountain Project
techniques cut channels, random chips, or CRG Mining, LLC has completed 970
specific specialised industry metres of drilling in 13 drill holes. All the
standard measurement tools drilling was done with reverse circulation
appropriate to the minerals under (RC). Industry standard RC handling and
investigation, such as down hole sampling procedures were employed to
gamma sondes, or handheld XRF ensure high quality samples.
instruments, etc). These examples •The RC sampling was nominally at 1.5 m
should not be taken as limiting the intervals.
broad meaning of sampling. •RC drilling samples had an average of 7
Include reference to measures kg split.
taken
to
ensure
sample
•The entirety of each drill hole was
representivity and the appropriate sampled. Potentially mineralized intervals
calibration of any measurement were identified by geological logging and
tools or systems used. dispatched for assay.
Aspects of the determination of •Samples from drill holes samples were
mineralisation that are Material to sent to ALSGlobal, Reno, Nevada for
the Public Report. sample preparation and assay. Samples
In cases where ‘industry standard’ were dried, weighed, crushed and split to
work has been done this would be obtain 250 gm. Samples were placed in
relatively simple (eg ‘reverse ring and puck grinder to produce 85%
circulation drilling was used to minus 75 micron pulp. This material was
obtain 1 m samples from which 3 blended on clean cloth and packaged in
kg was pulverised to produce a 30 paper pulp bags. Using a pulp balance, a
g charge for fire assay’). In other 30 gm sample was weighted out for
cases more explanation may be traditional fire assay. Samples were
required, such as where there is analyzed using standard fire assay for
coarse gold that has inherent gold.
sampling problems. Unusual •All samples followed a strict Chain of
commodities or mineralisation Custody.
types (eg submarine nodules) may
warrant disclosure of detailed
information.
•Routine QAQC samples were inserted in
the sample runs at a rate of 20%,
comprising Certified Reference Materials
from CDN Resource Laboratories Ltd.,
and duplicates generated in field and at
the lab including for testing by an outside
lab (Hazen Research Laboratories,
Golden, Colorado).
•Sampling practice is appropriate to the
geology and mineralization of the deposit
and complies with industry best practice.
Drilling Drill type (eg core, reverse •The drilling program utilized RC drilling.
techniques circulation, open-hole hammer, •The RC drilling was conducted with a track
rotary air blast, auger, Bangka, mounted Scout drill rig utilizing high
sonic, etc) and details (eg core pressure and high volume compressed
diameter, triple or standard tube, air and 101mm diameter face sampling
depth of diamond tails, face- percussion hammer. The drilling was
sampling bit or other type, whether completed by an experience RC driller.
core is oriented and if so, by what
method, etc).

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Criteria JORC Code explanation Commentary
Drill Method of recording and assessing •There has been no assessment
sample core and chip sample recoveries and beyond visual of RC sample
recovery results assessed. recovery. Recoveries were variable.
Measures taken to •To maximize sample recoveries
maximise sample recovery coordinations were done with the
and ensure representative driller and the collected sample
nature of the samples. splitting ratios would be modified,
Whether a relationship exists ranging from 20% to 33% of the
between sample recovery and drilled sample.
grade and whether sample bias •There has been no analysis between
may have occurred due to sample recoveries and grade.
preferential loss/gain of fine/coarse
material.
Logging Whether core and chip •RC samples were geologically logged.
samples have been Lithology, veining, alteration, mineralization
geologically and geotechnically and weathering are recorded in the
logged to a level of detail to appropriate tables of the drill hole database.
support appropriate Mineral •Each chip tray was photographed wet. The
Resource estimation, mining chips were logged both by quick logging
studies and metallurgical on-site and then by optical microscope by
studies. the on-site geologist, and sample intervals
Whether logging is qualitative or selected afterwards.
quantitative in nature. Core (or •Geological logging of RC samples is
costean, channel, etc) qualitative and quantitative in nature.
photography.
The total length and percentage of the
relevant intersections logged.
Sub- If core, whether cut or sawn and •All drill intervals were sampled and split
sampling whether quarter, half or all core during drilling. Samples for analysis were
techniques taken. identified by the company geologist while
and sample If non-core, whether riffled, logging the samples. Samples were placed
preparation tube sampled, rotary split, etc in a heavy duty cloth sample bag. Each
and whether sampled wet or sample bag was marked with permanent
dry. marker with sample number, a sample tag
For all sample types, the stapled to the bag, and a sample tag with
nature, quality and the corresponding sample number placed in
appropriateness of the the bag. Sample bags were sealed with
sample preparation draw strings. Samples were sent by freight
technique. to ALSGlobal, Reno, Nevada.
Quality control procedures •RC samples were sub sampled using an
adopted for all sub-sampling adjustable Gilson splitter to produce a split
stages to maximise sample of approximately 7 kg in weight.
representivity of samples. •The splitter and pans were routinely cleaned
Measures taken to ensure that the at the end of each sampling interval (1.5 m)
sampling is representative of the in to minimize contamination or as needed.
situ material collected, including for •Duplicate drilling field samples were
instance results for field collected.
duplicate/second-half sampling. •Routine QAQC samples were inserted at a
Whether sample sizes are appropriate 20% rate into the sample batches and
to the grain size of the material being comprised Certified Reference Materials
sampled. (CRMs) from CDN Resource Laboratories
Ltd. And field and lab generated duplicates.
•Rock samples sent to ALS Laboratories
were dried, weighed, crushed and split,
with a split pulverized to better than 85%
passing 75 microns. Samples were
analyzed for trace elements using 4-acid
digestion. Additionally, rocks samples

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ASX Release 31 March 2020

Criteria JORC Code explanation Commentary
were analyzed by standard 30gm fire
assay for gold and silver.
•Sample size assessment was not
conducted but used sampling size which is
typical for gold deposits.
•An accident in the lab prep stage occurred
for the third and final sample shipment of
selected drill intercepts for seven drill holes
resulting an average of 24% of the samples
lost, primarily from three drill holes but the
losses are not considered crucial for the
evaluation of the project.
Quality of The nature, quality and •Samples were assayed by industry
assay appropriateness of the assaying and standard methods by ALSGlobal
data and laboratory procedures used and Laboratories in Reno, Nevada and Hazen
laboratory whether the technique is considered Research Laboratories in Golden,
tests partial or total. Colorado.
For geophysical tools, spectrometers, •Fire assays for gold and silver were
handheld XRF instruments, etc, the completed using industry standard
parameters used in determining the fire assay methodology.
analysis including instrument make •External certified standards and blank
and model, reading times, material were added to the sample
calibrations factors applied and their submission.
derivation, etc.
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.
Verification The verification of significant •Sampling, documentation and sample
of
sampling
intersections by either submittal were under the guidance and care
and assaying independent or alternative of Allen David V. Heyl, certified Professional
company personnel. Geologist, CPG #11277 (American Institute
The use of twinned holes. of Professional Geologists.
Documentation of primary •Drilling, sample, and assay data is
data, data entry currently stored in MaxGeo Datashed 5,
procedures, data a secured cloud hosted data
verification, data storage management system.
(physical and electronic)
protocols.
Discuss any adjustment to assay data.
Location Accuracy and quality of surveys used •All drill hole collars are to be surveyed using
of data to locate drill holes (collar and down- differential GPS survey equipment. The
points hole surveys), trenches, mine positions are accurate to within 10 cm x-y and
workings and other locations used in height (z) to +/- 20 cm.
Mineral Resource estimation.
Specification of the grid system used.
•The holes are surveyed in the Colorado
State Plane, UTM zone 12, NAD 1983
Quality and adequacy of coordinate system.
topographic control. •Down hole surveys will be done using a
Reflex EZ_TRAC on all diamond drill
holes.
•Sample locations were surveyed using
WGS 1948 UTM Zone 13N.

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ASX Release 31 March 2020

Criteria JORC Code explanation Commentary
Data spacing Data spacing for reporting of •The spacing and location of data is
and Exploration Results. currently only being considered for
distribution Whether the data spacing and exploration purposes.
distribution is sufficient to establish •No sample compositing has been applied.
the degree of geological and grade
continuity appropriate for the Mineral
Resource and Ore Reserve
estimation procedure(s) and
classifications applied.
Whether sample compositing has
been applied.
Orientation of Whether the orientation of sampling •Drill holes are planned to be drilled obliquely
data in achieves unbiased sampling of to near perpendicular to the known
relation to possible structures and the extent to mineralized structures. Definition of structure
geological which this is known, considering the location is the principal goal.
structure deposit type. •Sample orientation is deemed to be
If the relationship between the representative for reporting purposes.
drilling orientation and the •No bias is considered to have been
orientation of key mineralised introduced by the existing sampling
structures is considered to have orientation.
introduced a sampling bias, this
should be assessed and reported if
material.
Sample The measures taken to ensure sample •All samples were taken and maintained
security security. under the constant care of CRG Mining
personnel. Samples were delivered to
ALSGlobal by a licensed transportation
company.
Audits or The results of any audits or reviews of •Drill hole sampling techniques and QAQC
reviews sampling techniques and data. procedures have been developed and
reviewed by Dale Sketchley, M.Sc., P.
Geo. of Acuity Geoscience Ltd.,
Dahrouge Geological Consulting, Ltd.,
and Allen David V. Heyl, CPG.
•The QAQC program has demonstrated
its ability to catch errors.
•A QAQC review will be completed for this
program.

Section 2 Reporting of Exploration Results

(Criteria listed in the preceding section also apply to this section.)

Criteria JORC Code explanation Commentary
Mineral Type, reference name/number, •All tenements are 100% owned by
tenement and location and ownership including Dateline Resources Limited or a
land tenure agreements or material issues with wholly owned subsidiary and there
status third parties such as joint ventures, exist production-based royalties as
partnerships, overriding royalties, previously disclosed to ASX.
native title interests, historical sites,
wilderness or national park and
environmental settings.
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.

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ASX Release 31 March 2020

Criteria JORC Code explanation Commentary
Exploration Acknowledgment and appraisal of •Historical work was completed by various
done by other exploration by other parties. groups over 100 years. Review of this work
parties was completed by Dahrouge Geological
Consulting Ltd. In 2019.
•All previous work undertaken by others is
non-JORC compliant.
Geology Deposit type, geological setting and •The Green Mountain Project is hosted by
style of mineralisation. an Early Proterozoic assemblage of fine-
grained meta-sediments and interbedded
felsitic meta-volcanics. These were
intruded by Early Proterozoic amphibolites,
granites, and rhyolite porphyry dykes.
Tertiary age rhyolitic stocks, dikes and sills
intrude the Proterozoic rocks.
•The gold and silver mineralization occurs
in narrow fissure quartz veins. Veins in the
district trend West-Northwest with steep
Southerly dips.
•The auriferous quartz veins cut
through the various rock types. There
appears to be an affinity for the veins
with the amphibolites. The primary
sulphide occurring in these veins is
pyrite. Broad zones of silicification
and disseminated sulfides have been
found near the veins.
Drill hole A summary of all information material •See Table 1 within this report for
Information to the understanding of the details of the drill holes and sample
exploration results including a intervals.
tabulation of the following information •The drilling found disseminated
for all Material drill holes: weakly (<0.1 gm Au/T) to strongly (>
o easting and northing of the drill hole 2 gm Au/T) auriferous zones of
collar pyrite, quartz veinlets and
o elevation or RL (Reduced Level silicification in the wallrocks
– elevation above sea level in approaching the quartz veins.
metres) of the drill hole collar •These mineralized zones at times
o dip and azimuth of the hole
o down hole length and interception
depth
o hole length.
had significant intercepted widths
(not true widths) of over 20 meters.
•Post-mineral faulting has caused
small to moderate scale offsets of the
If the exclusion of this information is
justified on the basis that the
information is not Material and this
Precambrian-aged Lucky Strike vein
system.
•The drill hole GM20-001 had its
exclusion does not detract from
the understanding of the report, the
Competent Person should clearly
explain why this is the case.
entirety assayed for Au and
multielement (ME) analyses. The ME
showed a positive relationship
between Au and the trace elements
Ag, Sb, Bi, Pb, Zn, Cd, Cr, In, Mo,
Rb, Li, Sr and W.
•Vein intercept widths ranged from 20
cm to 3 m and with the veins Au
values ranging from < 0.1 gm Au/T to
>8 gm Au/T.
•The Lucky Strike vein was
intercepted in five drill holes and the
related vein system was found in
another three drill holes out of a total
of 13 drill holes completed.

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Dateline Resources Limited

ASX Release 31 March 2020

Criteria JORC Code explanation Commentary
Data In reporting Exploration Results, •Drill hole intersections are reported
aggregation weighting averaging techniques, above a lower exploration cut-off
methods maximum and/or minimum grade grade of 0.1 g/T Au and no upper cut
truncations (eg cutting of high grades) off grade has been applied.
and cut-off grades are usually Material •A minimum intercept of 1.5 m applies
and should be stated. to the RC sampling in the tabulated
Where aggregate intercepts results presented in the main body of
incorporate short lengths of high this release.
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.
The assumptions used for any
reporting of metal equivalent values
should be clearly stated.
Relationship These relationships are •Drill holes are orientated
between particularly important in the obliquely to the mineralized
mineralisation reporting of Exploration Results. structures and disseminated
widths and If the geometry of the bodies.
intercept mineralisation with respect to the •Interception angles of the
lengths drill hole angle is known, its mineralized structures are
nature should be reported. estimated by geometries
If it is not known and only the down from known occurrences in
hole lengths are reported, there should the adjacent mine workings
be a clear statement to this effect (eg and the RC drilled
‘down hole length, true width not intercepts.
known’).
Diagrams Appropriate maps and sections •Supporting figures have been included
(with scales) and tabulations of within the body of this release.
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.
Balanced Where comprehensive reporting of •Representative reporting of both low and
reporting all Exploration Results is not high grades and/or widths have been
practicable, representative reporting reported.
of both low and high grades and/or
widths should be practiced to avoid
misleading reporting of
Exploration Results.
Other Other exploration data, if meaningful
substantive and material, should be reported
exploration including (but not limited to): geological
data 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 contaminating
substances.

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ASX Release 31 March 2020

Criteria JORC Code explanation Commentary
Further work The nature and scale of planned •Further work is being planned and a
further work (eg tests for lateral market update will be provided once the
extensions or depth extensions or work program has been agreed
large-scale step-out drilling).
Diagrams clearly highlighting the areas
of possible extensions, including the
main geological interpretations and
future drilling areas, provided this
information is not commercially
sensitive.

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7 | 31 January 2020