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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. |