DATELINE RESOURCES LIMITED — Interim / Quarterly Report 2020

Jan 28, 2021

ASX Release 29 January 2021

DATELINERESOURCES LIMITED

(ACN149105653) ASX Code:DTR

CAPITALSTRUCTURE

Share Price (31/01/21)$0.002 Shares on issue 8,210million Market Cap $16.4million

MAJORSHAREHOLDERS

Southern Cross ExplorationNL 31.8% Mr. Mark JohnsonAO 19.4% National NomineesLtd 15.2%

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December 2020 Quarterly Report

Dateline Resources Limited (ASX:DTR) (“Dateline” or the “Company”), is pleased to provide this Activities Report on the Company’s Gold Links project, Colorado, for the three-month period ending 31 December2020.

Gold Links– Colorado USA 100% owned

The company finalised plans for its 2021 underground development and drilling program.

The planned program includes up to 1000 metres of underground development, a power upgrade and over 4,000 metres of underground drilling.

A detailed scope of works for the underground development was completed and bids have been called to complete the underground development. The company now has a short list of mining contractors that are capable of completing the planned work program and is actively working to secure a suitable works contract with one of the bidders.

More details will be made available once discussions are finalised and funding is secured.

DIRECTORS & MANAGEMENT

Mark JohnsonAO Chairman

Stephen Baghdadi ManagingDirector

GregHall Non-ExecutiveDirector

Tony Ferguson Non-Executive Director

Bill Lannen Non-Executive Director

John Smith CompanySecretary

CONTACT John Smith Phone:+612 93752353 PostalAddress:P.O.Box 553 South Hurstville NSW2221 Email:info@datelineresources.com.au

Ore Sorting

The Company commenced testing the feasibility of ore sorting for its Gold Links project. If successful, the ore-sorter could significantly reduce future transporting and processing costs.

Phase 1 consisted of sending 160kg of material from Colorado to Tomra oresorting technology facilities in Sydney. The material was sorted using two rock sizes and sent for bulk assaying at a certified lab, Bureau Veritas Minerals Pty Ltd in South Australia.

Phase 2 testing will use a much larger sample of material from Gold Links. The Company has collected the sample and plans are being made to ship the sample to Sydney with expectations of delivery being in the June quarter 2021.

The results of the test work will be made available once Phase 2 is completed.

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ASX Release 31 January 2021

Impacts of Covid-19

During the December quarter, the company limited its field activities to underground mapping and general maintenance and compliance related tasks. This was done in direct response to the prevailing Covid-19 situation in the USA.

Udu

The company has applied for a three-year extension to its exploration tenements in Fiji. The company has been advised that the application is currently being reviewed

Funding

Discussions continue to be advanced with US based financiers for the provision of a long-term loan facility to be used at the Gold Links project.

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 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). 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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ASX Release 31 January 2021
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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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