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DATELINE RESOURCES LIMITED Interim / Quarterly Report 2022

Jul 28, 2022

64793_rns_2022-07-28_046ac69b-78dd-44c7-ae0f-eff7e93eed2e.pdf

Interim / Quarterly Report

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ASX Release

DATELINE RESOURCES LIMITED

(ACN 149 105 653) ASX Code: DTR

CAPITAL STRUCTURE

Share Price (28/09/22) $0.10 Shares on issue 491.5 million Market Cap $49.5 million

MAJOR SHAREHOLDERS

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JUNE 2022 QUARTERLY ACTIVITIES REPORT

Dateline Resources Limited (ASX: DTR) ( Dateline or the Company ) is pleased to provide an update on its activities for the June 2022 quarter. During the quarter, the Company formally became a gold producer following the commencement of gold concentrate sales from the Gold Links Gold Mine in Colorado. The Company also made significant gold and rare earth progress on its Colosseum Project in California.

HIGHLIGHTS

Colosseum Gold Mine

  • Validation drilling campaign completed, confirming the digitally compiled database[1]

  • Significant high-grade intercept of 100m @ 4.16g/t Au returned[2] , outside the Mineral Resource envelope, increasing potential for extensions at depth

  • Post quarter end, the Company announced a JORC-2012 Mineral Resource estimate of 20.9Mt @ 1.2g/t Au for 813,000oz Au , with 70% classified as Measured or Indicated[3]

DIRECTORS & MANAGEMENT

Mark Johnson AO Chairman

Stephen Baghdadi Managing Director

Greg Hall Non-Executive Director

Tony Ferguson Non-Executive Director

Bill Lannen Non-Executive Director

Mark Ohlsson Company Secretary

  • Sampling and mapping by specialist REE advisors confirms genetic link between Colosseum and nearby Mountain Pass Rare Earth Mine[5]

Gold Links Gold Mine

  • Concentrate sales agreement executed during the quarter, with increased throughput planned for the September quarter[6]

  • New Komatsu USA mining fleet delivered and commenced operations

  • Transition to ‘owner mining’ during the quarter with experienced mining team recruited

  • Some delays and logistical issues experienced, however the Company is aiming for steady state production by the end of September

Corporate

CONTACT Mark Ohlsson Phone: +61 2 9375 2353 Postal Address: P.O. Box 553 South Hurstville NSW 2221 Email: [email protected]

  • During the quarter, the Company raised $4.515 million via equity raises, issuing 44.96 million new Ordinary shares

  • At the end of the quarter, the Company’s cash balance was $3.2 million

Commenting on the progress during the quarter, Dateline’s Managing Director, Stephen Baghdadi, said:

“The June quarter was transformational for the company, we now have a producing mine in Colorado, an 813,000-ounce gold resource in California and an active Rare Earth Exploration program located less than 10km from the Mountain Pass rare earth mine”

The Mountain Pass rare earth mine hosts the richest known carbonatite in the world and is the only operating rare earth mine in the USA

ASX Release 29 July 2022

Colosseum Gold Mine, California

The Colosseum Gold Mine is in the southern section of the Walker Lane Trend in California, USA. The Walker Lane Trend hosts numerous substantial discoveries including the Corvus Gold owned 1.7Moz Mother Lode deposit and the 6.5Moz Castle Mountain gold mine owned by Equinox Gold (located 50km to the Southeast of Colosseum).

The June quarter was extremely positive for the Company with the first gold drilling program successfully validating the digital database that was compiled by Dateline geologists, allowing the Company to announce a JORC-2012 compliant Mineral Resource estimate post the end of the quarter.

The five-hole drilling program was designed to validate the database and identify areas of potential beneath the historic resource area[1] . The Colosseum Project had an original 1.1Moz resource when estimated pre-mining, with 344,000 ounces produced from 1988-1993 before mining ceased due to a low gold price environment.

The drilling results included holes drilled under the historic resource, with CM22-05 returning a significant intercept of 100m at 4.16g/t Au, outside of the Mineral Resource estimate[2] .

Dateline was confident of defining a Mineral Resource in excess of 700,000 ounces, given the high-quality operators at the time of mining and the fact the project had remained dormant for over 25 years.

In early July, the Company announced a Mineral Resource estimate of 20.9Mt at 1.2g/t Au for 813,000 oz Au[3] .

Table 1: JORC-compliant Mineral Resource estimate for Colosseum Gold Mine[3]

Cut-off
Grade g/t
Au
Tonnes Grade g/t Au Contained
Ounces
%
Measured 0.48 6,866,000 1.2 257,000 32%
Indicated 0.48 8,326,000 1.2 321,000 39%
Inferred 0.48 5,745,000 1.3 234,000 29%
Total 0.48 20,936,000 1.2 813,000 100%

Table 2: 2022 Micro-Model generated Colosseum in-situ Tonnage/Grade values for varying cut-offs[ 3]

Cutoff Grade
(Aug/mt) Tonnes Aug/mt Oz Au
0.48 20,935,108 1.20 812,791
0.686 15,438,474 1.44 714,842
1.029 8,049,453 1.95 505,822
1.371 4,264,677 2.67 366,722
1.714 2,606,343 3.39 284,461
2.057 1,962,241 3.90 246,612
2.743 1,153,032 4.97 184,317
3.429 693,997 6.24 139,247

Notes:

1) Mineral Resource estimated at 0.48g/t Au cut-off;

  • 2) Numbers may not add up due to rounding. Differences occur when converting from Imperial to Metric units are less than 1%.

1 ASX Announcement 4 May 2022 – Colosseum Gold Mine Drilling Completed

2 ASX Announcement 6 June 2022 – 100 metres @ 4.16g/t Au Colosseum Gold Project 3 ASX Announcement 6 July 2022 – 813,000oz Gold Maiden Resource at Colosseum

ASX Release 29 July 2022

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Figure 1: Colosseum mining operation before close down due to a low gold price in 1993

Rare Earth Potential

During the quarter, two US rare earth specialists, Anthony Mariano Jr. and Anthony N. Mariano, PhD., visited the Colosseum Project to complete a field visit looking at the rare earth potential of the project[4] . Dr Mariano has previously investigated Mountain Pass and the surrounding region.

In April, the Company announced that the site visit and subsequent analysis highlighted that rock types within the claim area show similar geological properties to the nearby Mountain Pass REE Mine[5] .

Eighteen samples were collected and sent for analysis for rare earth elements. These results are expected imminently.

The Company intends to review ground gravity data combined with airborne gravity gradiometer data supplied by USGS to identify potential buried carbonatite source rocks.

The Company is planning to use the geochemical and geophysical results to determine next steps in the planning of the first rare earth drilling campaign at Colosseum.

4 ASX Announcement 14 April 2022 – REE Advisors appointed to Colosseum Project

5 ASX Announcement 27 April 2022 – Colosseum REE Update

ASX Release 29 July 2022

Gold Links Gold Mine, Colorado

Gold Links hosts a swarm of high-grade narrow gold veins over more than 5km strike length and a kilometre across strike. Historical mapping and drilling coupled with the Company’s own exploration work has confirmed mineralisation is extensive throughout the Project.

The Company commenced ore mining at Gold Links in Q1 and became the ASX’s newest gold producer following first gold-in-concentrate sales during the June quarter[6] .

Underground development is progressing towards the mineralised zone at the Morris Winze area of the 2150 vein. The vein is expected to be intercepted in August and is expected to be the focus of ore stoping for the next five months.

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Figure 2a: Dateline Board on site at Gold Links Figure 2b: High-grade ore zone at Gold Links

The Company previously announced that it had purchased an owner-operated mining fleet from Komatsu.

6 ASX Announcement 9 June 2022 - $1.5 million gold-in-concentrate sale to Korean smelter

ASX Release 29 July 2022

Most of the equipment was received during the quarter, however the jumbo drill rig is now expected to be delivered in early August, following some delays. The new jumbo is expected to help accelerate underground production at Gold Links.

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Figure 3a and 3b: New Komatsu equipment on site at Gold Links

As part of the move to owner-operator, the Company has purchased its own underground drill rig and expects to recommence underground exploration drilling in late August.

Reverse circulation ( RC ) drilling from surface to the south of the known orebody intersected 1.52 metres at 8.07g/t Au and 113g/t Ag in SRC22-002 from 38 metres as well as 7.56m at 3.88g/t Au and 103.97g/t Ag in hole SRC22-005 from 32 metres.

These drillholes prove that mineralisation continues south along strike and further drilling is planned from underground into this area.

Surface drilling is considered appropriate for this area given the shallow nature of mineralisation. The Company is easily able to develop over to the vein from below as per the figures below.

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Figure 4: RC drilling from surface at Gold Links

ASX Release 29 July 2022

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Figure 5: Plan view of RC drilling to the south of current development

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Figure 6: Long section view of RC drilling in relation to current mine development areas and the relative distance between the RC drilling and existing mine development areas; The Morris Mineralised area is south (right) of the Lyons mineralised area

ASX Release 29 July 2022

Lucky Strike Processing Plant

The Lucky Strike mill is operating concurrent with the upgrade that is being undertaken. The Company is in the process of installing additional milling and flotation capacity to increase throughput from 100tpd to 250tpd.

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Figure 8a: Upgraded flotation cells being installed Figure 8b: Upgraded pumps being installed

The upgrade is almost complete with flotation cells, ball mill and conditioning tank in place. The Company anticipates the installation should be complete in August and commissioning of the new circuit will commence shortly thereafter.

Metallurgical testwork is currently underway at Hazen to introduce a gravity circuit into the processing circuit in order to capture a higher proportion of the larger particle size, free gold prior to flotation.

First concentrates from the mine were delivered for sale and payment is expected in August. There were some logistical issues with the first shipment that the Company is hopeful will be rectified and streamlined going forward.

CORPORATE

Equity Capital Raising

During the quarter, the Company raised $4,515,000 by issuing 44,959,090 Ordinary shares. The funds will be used to acquire equipment at Gold Links and accelerate exploration at the Colosseum Gold Mine.

Cash at bank

At the end of the quarter, the Company had cash and investments of A$3.2 million.

Litigation

The Gold Links mining contractor has commenced legal action against the Company for US$850k, whilst the Company is claiming a similar amount pursuant to our rights under the mining contract.

ASX Release 29 July 2022

SEPTEMBER QUARTER – PLANNED ACTIVITIES

During the September quarter, the Company intends to undertake the following activities:

Gold Links Gold Mine

  • Commence mining the Morris Winze area of the 2150 vein

  • Commissioning of the expanded circuit at Lucky Strike Mill

  • Ongoing drilling of high priority underground targets

Colosseum Gold Mine

  • Planning for drilling depth extensions to 813,000oz Mineral Resource

  • REE mapping and sampling results

  • REE gravity survey and drill planning

ASX Release 29 July 2022

Authorised by the Dateline Board.

For more information, please contact:

Stephen Baghdadi Andrew Rowell Managing Director White Noise Communications +61 2 9375 2353 +61 400 466 226 www.datelineresources.com.au [email protected]

Follow Dateline on Twitter: https://twitter.com/Dateline_DTR

About Dateline Resources Limited

Dateline Resources Limited (ASX: DTR) is an Australian publicly listed company focused on gold mining and exploration in North America. The Company owns 100% of the Gold Links and Green Mountain Projects in Colorado, USA and 100% of the Colosseum Gold Mine in California.

The Gold Links Gold Mine is a historic high-grade gold mining project where over 150,000 ounces of gold was mined from high-grade veins. Mineralisation can be traced on surface and underground for almost 6km from the Northern to the Southern sections of the project. Ore mining commenced in late 2021, with first saleable gold concentrate produced in April 2022.

The Company owns the Lucky Strike gold mill, located 50km from the Gold Links mine, within the Green Mountain Project. Ore is transported to Lucky Strike for processing.

The Colosseum Gold Mine is located in the Walker Lane Trend in East San Bernardino County, California. On July 6, 2022, the Company announced to the ASX that the Colosseum Gold mine has a JORC-2012 compliant Mineral Resource estimate of 20.9Mt @ 1.2g/t Au for 813,000oz. Of the total Mineral Resource, 258koz @1.2g/t Au (32%) are classified as Measured, 322koz @1.2g/t Au (39%) as Indicated and 235koz @1.3g/t Au (29%) as Inferred.

The Colosseum is located less than 10km north of the Mountain Rare Earth mine. Work has commenced on identifying the source of the mantle derived rocks that are located at the Colosseum and are associated with carbonatites and are located at the Colosseum.

Competent Person Statement

Sample preparation and any exploration information in this announcement is based upon work reviewed by Mr Greg Hall who is a Chartered Professional of the Australasian Institute of Mining and Metallurgy (CPIMM). Mr 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 quality as a Competent Person as defined in the 2012 Edition of the "Australasian Code for Reporting Exploration Results, Mineral Resources and Ore Reserves" (JORC Code). Mr Hall is a Non-Executive Director of Dateline Resources Limited and consents to the inclusion in the report of the matters based on this information in the form and context in which it appears.

ASX Release 29 July 2022

Drillhole table (for drill holes with greater than 2g/t Au)

Sample_ID Hole_ID Drill
Type
From (m) To (m) Length
(m)
Au ppm Ag ppm
E255730 CRG22-015 Core 87.30 87.45 0.15 3.50 416.00
E255748 CRG22-015 Core 103.63 104.85 1.22 6.58 49.80
E255762 CRG22-015 Core 122.53 122.71 0.18 2.49 7.88
E255767 CRG22-016 Core 109.82 110.00 0.18 3.11 17.10
E255773 CRG22-016 Core 113.23 114.09 0.85 3.60 13.70
E255790 CRG22-017 Core 84.13 84.58 0.46 2.54 79.50
E255811 CRG22-017 Core 107.29 107.60 0.30 4.03 7.16
E255821 CRG22-017 Core 117.04 117.32 0.27 3.56 0.52
E255824 CRG22-017 Core 117.72 117.96 0.24 8.30 90.20
E255832 CRG22-018 Core 93.12 93.45 0.34 2.86 23.00
E255841 CRG22-018 Core 107.29 107.81 0.52 13.91 7.67
E255846 CRG22-018 Core 109.76 110.34 0.58 12.95 46.90
E255853 CRG22-018 Core 114.42 114.82 0.40 6.83 9.96
E255854 CRG22-018 Core 114.82 115.22 0.40 5.72 60.90
PN0000465461 SRC22-002 RC 38.10 39.62 1.52 8.07 113.00
PN0001300696 SRC22-005 RC 28.96 30.48 1.52 2.47 40.80
PN0001300697 SRC22-005 RC 30.48 32.00 1.52 6.99 222.40
PN0001300698 SRC22-005 RC 32.00 33.53 1.52 2.19 48.70

ASX Release 29 July 2022

Q2 2022 Drillhole Co-ordinates

Hole ID Easting Northing Elevation (ft) Total Depth
(m)
CRG22-015 2693538 1291875 9616 131
CRG22-016 2693538 1291875 9616 126
CRG22-017 2693538 1291875 9616 128
CRG22-018 2693538 1291875 9616 118
SRC22-001 2693309 1291183 10496 91
SRC22-002 2693309 1291183 10496 64
SRC22-003 2693309 1291183 10496 64
SRC22-004 2693309 1291183 10496 58
SRC22-005 2693309 1291183 10496 61
SRC22-006 2693309 1291183 10496 61

ASX Release 29 July 2022

JORC Code, 2012 Edition – Table 1 report template Section 1 Sampling Techniques and Data

Section 1 Sampling Techniques and Data Section 1 Sampling Techniques and Data Section 1 Sampling Techniques and Data
(Criteria in this section applyto all succeedingsections.)
Criteria JORC Code explanation Commentary
Sampling Nature and quality of sampling (eg cut • As of 1 July 2022, the Gold Links Project CRG Mining,
techniques channels, random chips, or specific LLC has completed 1,549 metres of drilling in 20
specialised industry standard measurement drill holes in 2022. 505 metres of which completed
tools appropriate to the minerals under in Q2 in 4 core drill holes. Also, 689 metres of
investigation, such as down hole gamma reverse circulation (RC) drilling in 8 RC holes was
sondes, or handheld XRF instruments, etc). completed in Q2 2022 on surface.
These examples should not be taken as • Drilling was done underground with diamond drill
limiting the broad meaning of sampling. core and on surface using reverse circulation centre
Include reference to measures taken to return. Industry standard core handling and
ensure sample representivity and the sampling procedures were employed to ensure
appropriate calibration of any measurement high quality samples.
tools or systems used. • Core sample boundaries were defined by changes
Aspects of the determination of in lithology, alteration, and mineralization noted in
mineralisation that are Material to the logging.
Public Report. • RC samples were taken on a 5-foot bases and split
In cases where ‘industry standard’ work has using a riffle splitter for a lab sample and to keep a
been done this would be relatively simple representative sample. Potentially mineralized
(eg ‘reverse circulation drilling was used to intervals were identified by geological logging and
obtain 1 m samples from which 3 kg was dispatched for assay with 1.65 metre shoulder
pulverised to produce a 30 g charge for fire samples.
assay’). In other cases more explanation • Logging geologist identified zones of interest for
may be required, such as where there is sampling and sampled them. They also sampled a
coarse gold that has inherent sampling length equivalent to approximately 20% of the zone
problems. Unusual commodities or of interest on each side of it. These are referred to
mineralisation types (eg submarine nodules) as shoulder samples.
may warrant disclosure of detailed • Core remaining after sampling was stored in wax
information. coated cardboard core trays.
• Samples from drill holes were sent to Paragon
Geochemical in Reno, Nevada for sample
preparation and assay. Samples were dried,
weighed, crushed and split to obtain 250 gm.
Samples were placed in ring and puck grinder to
produce 85% minus 75-micron pulp. This material
was blended on clean cloth and packaged in paper
pulp bags. Using a pulp balance, a 30-gm sample
was weighted out for traditional fire assay. Samples
were analyzed using standard fire assay for gold.
Overlimits were analyzed via gravimetric analysis.
• All samples followed a strict Chain of Custody.
• Routine QAQC samples were inserted in the sample
runs at a rate of 20%, comprising Certified
Reference Materials from CDN Resource
Laboratories Ltd., and verified blank granitic
material.
• Sampling practice is appropriate to the geology and
mineralization of the deposit and complies with
industry best practice.

ASX Release 29 July 2022

Criteria JORC Code explanation Commentary
Drilling Drill type (eg core, reverse circulation, • The drilling program utilizes underground core
techniques open-hole hammer, rotary air blast, auger, drilling, and surface reverse circulation center
Bangka, sonic, etc) and details (eg core return.
diameter, triple or standard tube, depth of • The core drilling was being conducted with a U6
diamond tails, face-sampling bit or other Atlas Copco rig with HQTT core tooling. Split triple
type, whether core is oriented and if so, by tubes were used for all drillholes. The drilling has
what method, etc). been completed by an experienced diamond
drilling core driller.
• Reverse circulation drilling was conducted with a
center return hammer and tubes.
Drill sample Method of recording and assessing core and • All drilling recoveries have been logged and
recovery chip sample recoveries and results assessed. notated each run based on 1.65-meter
Measures taken to maximise tooling.
sample recovery and ensure • To maximize sample recoveries, use of triple
representative nature of the tube and long chain polymer muds were used
samples. to increase recovery.
Whether a relationship exists between • There has been no analysis between sample
sample recovery and grade and whether recoveries and grade to date.
sample bias may have occurred due to • Reverse circulation drilling utilized foamer to
preferential loss/gain of fine/coarse float any sediments and cave up and out to
material. reduce any sample contamination.
Logging Whether core and chip samples have • Core and chip samples were geologically logged.
been geologically and geotechnically Lithology, veining, alteration, mineralization and
logged to a level of detail to support weathering are recorded in the appropriate tables of
appropriate Mineral Resource the drill hole database.
estimation, mining studies and • Each core box and chip tray was photographed dry
metallurgical studies. and wet, after logging of unit and structures were
Whether logging is qualitative or notated on the core.
quantitative in nature. Core (or costean, • Core was cut along the long axis using a diamond
channel, etc) photography. saw, half-core was sampled, and half stored for
The total length and percentage of the relevant reference.
intersections logged. • Geological logging of core samples is
qualitative and quantitative in nature.
• RC chips were logged using a stereoscope
microscope to see chip composition and fine
textures.
Sub-sampling If core, whether cut or sawn and • All drill core samples were cut along the long axis. The
techniques and whether quarter, half or all core taken. left side when looking down hole was sampled.
sample If non-core, whether riffled, tube Samples were placed in a heavy-duty poly sample bag.
preparation sampled, rotary split, etc and whether Each core sample placed in heavy duty poly sample
sampled wet or dry. bag, noted interval width in sample book, with a
For all sample types, the nature, sample tag with the corresponding sample number
quality and appropriateness of the placed in the bag with the other tag stapled to the top
sample preparation technique. of the bag. Sample bags were stapled along the top.
Quality control procedures adopted for Samples were sent by freight to Paragon Geochemical,
all sub-sampling stages to maximise Reno, Nevada.
representivity of samples. • RC samples were split using a riffle splitter under the
Measures taken to ensure that the sampling is cyclone to keep a representative sample and a
representative of the in situ material collected, sample to be sent to the mill. All samples were split
including for instance results for field dry and splitter was cleaned and inspected after each
duplicate/second-half sampling. run to reduce any potential sample contamination.
Whether sample sizes are appropriate to the • Routine QAQC samples were inserted at a 20% rate
grain size of the material being sampled. into the sample batches and comprised Certified

ASX Release 29 July 2022

Criteria JORC Code explanation Commentary
Reference Materials (CRMs) from CDN Resource
Laboratories Ltd. and verified blank granitic material.
• 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, rock samples 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.
Quality of The nature, quality and appropriateness of • Samples were assayed by industry standard
assay data the assaying and laboratory procedures used methods by Paragon Geochemical in Reno, Nevada
and and whether the technique is considered • Fire assays for gold and silver were completed using
laboratory partial or total. industry standard fire assay methodology.
tests For geophysical tools, spectrometers, • External certified standards and blank material
handheld XRF instruments, etc, the were added to the sample submission.
parameters used in determining the analysis
including instrument make and model,
reading times, calibrations factors applied and
their 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 of The verification of significant intersections • Sampling, documentation and sample submittal were
sampling and by either independent or alternative under the guidance and care of Graham Craig, GIT
assaying company personnel. (Association of Professional Engineers and
The use of twinned holes. Geoscientists of Manitoba).
Documentation of primary data, • Drilling, sample, and assay data is currently
data entry procedures, data stored in MX Deposit, a secured data
verification, data storage (physical management system through Seequent.
and electronic) protocols.
Discuss any adjustment to assay data.
Location of Accuracy and quality of surveys used to locate • All drill hole collars are surveyed using differential GPS
data points drill holes (collar and down-hole surveys), survey equipment. The positions are accurate to within
trenches, mine workings and other locations 10 cm x-y and height (z) to +/- 20 cm.
used in Mineral Resource estimation. • The holes are surveyed in the Colorado State Plane,
Specification of the grid system used. UTM zone 12, NAD 1983 coordinate system.
Quality and adequacy of topographic • Down hole surveys will be done using a Reflex
control. SPRINT-IQ north seeking gyro on all diamond drill
holes. With collars surveyed using Reflex TN-14
Azimuth Aligner.
• Sample locations were surveyed using Colorado
State Plane, UTM zone 12, NAD 1983 coordinate
system.
Data spacing Data spacing for reporting of Exploration • The spacing and location of data is currently 16-33
and Results. meter spacing according to previous Mineral
distribution Whether the data spacing, and distribution is Resource estimation completed.
sufficient to establish the degree of geological • No sample compositing has been applied.
and grade continuity appropriate for the
Mineral Resource and Ore Reserve estimation
procedure(s) and classifications applied.
Whether sample compositing has been applied.

ASX Release 29 July 2022

Criteria JORC Code explanation Commentary
Orientation of Whether the orientation of sampling achieves • Drill holes are planned to be drilled obliquely to near
data in relation unbiased sampling of possible structures and perpendicular to the known mineralized structures.
to geological the extent to which this is known, considering Definition of structure location is the principal goal.
structure the deposit type. • Sample orientation is deemed to be
If the relationship between the drilling representative for reporting purposes.
orientation and the orientation of key • No bias is considered to have been introduced
mineralised structures is considered to have by the existing sampling orientation.
introduced a sampling bias, this should be
assessed and reported if material.
Sample The measures taken to ensure sample security. • All samples were taken and maintained under the
security constant care of CRG Mining personnel. Samples
were delivered to laboratories by a licensed
transportation company.
Audits or The results of any audits or reviews of sampling • Drill hole sampling techniques and QAQC
reviews techniques and data. procedures have been developed and reviewed by
Dale Sketchley, M.Sc., P. Geo. of Acuity Geoscience
Ltd., and Graham Craig, GIT.
• 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, location and • All tenements are 100% owned by Dateline
tenement and ownership including agreements or material Resources Limited or a wholly owned subsidiary
land tenure issues with third parties such as joint and there exist production-based royalties as
status ventures, 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 license to operate in the area.
Exploration Acknowledgment and appraisal of exploration by • Historical work was completed by various groups over
done by other other parties. 100 years. Review of this work was completed by
parties Dahrouge Geological Consulting Ltd. In 2019.
• All previous work undertaken by others is non-JORC
compliant.
Geology Deposit type, geological setting, and style of • The Gold Links Project is hosted by an Early
mineralisation. 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

ASX Release 29 July 2022

Criteria JORC Code explanation Commentary
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 to the • See Table 1 within this report for details of the
Information understanding of the exploration results drill holes and sample locations.
including a tabulation of the following
information for all Material drill holes:
o easting and northing of the drill hole collar
o elevation or RL (Reduced Level –
elevation above sea level in metres) of
the drill hole collar
o dip and azimuth of the hole
o down hole length and interception depth
o hole length.
If the exclusion of this information is justified on
the basis that the information is not material,
and this exclusion does not detract from
the understanding of the report, the Competent
Person should clearly explain why this is the
case.
Data In reporting Exploration Results, weighting • Drill hole intersections are reported above a
aggregation average techniques, maximum and/or lower exploration cut-off grade of 2.0 g/T Au
methods minimum grade truncations (eg cutting of high and no upper cut off grade has been applied.
grades) and cut-off grades are usually Material
and should be stated.
Where aggregate intercepts incorporate short
lengths of high-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 particularly • Drill holes are orientated obliquely to
between important in the reporting of Exploration the mineralized structures and
mineralisation Results. disseminated bodies.
widths and If the geometry of the mineralisation with • Interception angles of the
intercept respect to the drill hole angle is known, its mineralized structures are estimated
lengths nature should be reported. by geometries from known
If it is not known and only the down hole lengths occurrences in the adjacent mine
are reported, there should be a clear statement workings and the core drilling
to this effect (eg ‘down hole length, true width intercepts.
not known’).
Diagrams Appropriate maps and sections (with scales) • Supporting figures have been included within the
and tabulations of intercepts should be body of this release.
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 all • Representative reporting of both low and high grades
reporting Exploration Results is not practicable, and/or widths have been reported.
representative reporting of both low and

ASX Release 29 July 2022

Criteria JORC Code explanation Commentary
high grades and/or widths should be
practiced avoiding misleading reporting of
Exploration Results.
Other Other exploration data, if meaningful and
substantive material, should be reported including (but not
exploration limited to): geological observations; geophysical
data 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.
Further work The nature and scale of planned further • At Gold Links, future work will include expanded
work (e.g. tests for lateral extensions or drilling the on-strike and down-dip extensions of the
depth extensions or large-scale step-out 2150, Hanging Wall, and 1700 veins, preparation for
drilling). underground exploitation, finalizing the surface
Diagrams clearly highlight the areas of possible program; reopening, mapping, and sampling of
extensions, including the main geological previously inaccessible underground workings; as
interpretations and future drilling areas, well as infill and expanded surface soil
provided this information is not commercially geochemistry, geological mapping, and geophysics.
sensitive.