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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
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GM20-005 - 4.5m of 0.45g/t Au from 51m
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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
----- End of picture text -----
| 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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1 | 31 January 2020
Dateline Resources Limited
ASX Release 31 March 2020
| 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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2 | 31 January 2020
Dateline Resources Limited
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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| 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 holeo down hole length and interceptiondepth 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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| 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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| 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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