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DATELINE RESOURCES LIMITED Investor Presentation 2017

Jun 25, 2017

64793_rns_2017-06-25_c5931698-b15b-4d68-ae5a-ea4444a90ef4.pdf

Investor Presentation

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Developing a Profitable Company in the Colorado Mineral Belt Corporate Presentation June 2017

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1

Disclaimer

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This presentation is an overview of Dateline Resources Limited (Dateline or the Company) and its minerals project prepared with good intention. It is not a prospectus and offers no securities for subscription or sale in any jurisdiction, nor a securities recommendation.

All information necessary for investment decisions is not contained herein and investors are encouraged to conduct their own research of Dateline in conjunction with legal, tax, business and financial consultation.

Dateline, its directors, officers, employees and agents disclaim liability for any loss or damage suffered by reliance on information contained in this report when making investment decisions. In addition, no express or implied representation or warranty is given in relation to the completeness and sufficiency of the information, opinions or beliefs contained in this document or any other written or oral information made or to be made available to any interested party or its advisors.

This presentation may refer to the intention of Dateline but it does in no way intend to forecast forward looking statements or future matters for the purposes of the Corporations Law or any other law. Future events are subject to risks and uncertainties, and as such results, performance and achievements may in fact differ from those referred to in this presentation.

With the exception of fraud, no liability is accepted for any loss, cost or damage suffered or incurred by the reliance on the sufficiency or completeness of the information, opinions or beliefs contained forthwith.

Research, evaluation and analysis of the business, data and property are encouraged before making financial investments. Any estimates, projections or opinions contained herein may involve subjective judgment, analysis and interpretation, and satisfaction of ones own decisions should be undertaken.

We caution you not to place undue reliance on our forward-looking statements, which speak only as of the date of his presentation. We undertake no obligation to update this information.

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Gold Links Project Strategy

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  • Two Permitted historic high-grade gold mines

  • Two Permitted mills

  • Target near term production from exploration - development

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Gold Project - History

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  • Originally developed and operated in the late 1880’s the Project consists of a series of patented and unpatented claims

  • Sacramento Zone produced US $600,000[2] worth of gold and silver by the end of 1904 (approximately 45,000 ozs Au and 400,000 ozs Ag now valued at ~ $ 60 million[1] )

  • Gold Links high grade 2150 Vein produced over US $515,000[2] of gold and silver by the end of 1912 (approximately 44,000 ozs Au now valued at ~ US 53 million[1] )

Note: 1. US $1200/Oz Au and US $17/Oz Ag Note: 2. Net of transportation and smelting costs

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Gold Links Project - Program and Objectives

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  • Confirm the continuity of the structure and grade through a structural mapping, drilling and sampling program

  • Commence small scale production at Gold Links in July 2017 to fund expansion from free cash flow

  • Implement modern exploration program on Gold Links commencing in September 2017 consolidating ground in the region

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Gold Links Project – Colorado Mineral Belt

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Gold Links Project
Lucky Strike Mill
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  • Colorado Mineral Belt a global premier belt for high grade gold deposits

  • Gold Links Project located in the middle of the Colorado Mineral Belt (25 MOz Au of historic production)

  • Strategic position to be leveraged with additional acquisitions

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Gold Links Project - Gravity Lows and Gold

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Gold Links Mine
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  • Colorado Mineral Belt developed above two large intrusions seen as gravity lows

  • Gold Links Project is located on edge of the gravity low

  • Gold Links Project location is the same as all major Colorado gold occurrences in the Belt

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Upper Gold Links DevelopmentDateline Resources Medium Term StrategyPlan

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Development to Start
here July 2017
Target - Adjacent to sampled
zone of 33m @ 23 g/t
Targeting - ~ 70 kt @ 15 g/t Au 120 g/t Ag 2150 Exploration Ramp
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  • Targeting the Sacramento and Upper gold Links

  • Mining contractor mobilised to commence the redevelopment

  • All permitting in place to commence operations

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Dateline Resources Medium Term Strategy

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Mar 19 beyond

Mar 18 to Mar 19

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June 17 to Mar 18

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Growth and Expansion

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Target 300 - 500 kt per year at an average grade of 0.5 to 0.75 oz/t

Resource and Project Optimisation

  • Completed JORC resource

  • Complete Gold Links Expansion Study

  • Commit to project expansion

Fund Project Development

Jan to June 17

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  • Underground contract awarded

  • Commence Upper Gold Link drift

  • Recommission Lucky Strike Mill

Confirmation and Clarify

✓ Sampling completed ✓ Drilling Completed

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Transactional Terms

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Gold Links Mine and Saguache Mill – Contingent Payment Terms

  • ✓ US$200k initial payment (Paid)

  • US$3m cash payable September 2018

  • Royalty payments of US$7m to be paid no later than September 2022

  • Payment Terms are structured to expected cashflow required to explore and optimise the Project.

Lucky Strike Mine and Mill – Contingent Payment Terms

  • US$150k & 28m DTR shares payable once all conditions precedent are met

  • US$4m payable over 4 years in equal instalments of USD250k per quarter commencing April 2018

  • US$10m in 2022

  • Royalty payments of US$10m payable out of any production from the Lucky Strike tenement suite

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Board of Directors and Senior Management

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Mark Johnson AO, Chairman

Mr Johnson has worked in banking and corporate finance for more than forty years. He retired as Deputy Chairman of Macquarie Bank in mid 2007, and now divides his time between work in the private and public sectors. Mr Johnson is a senior adviser to Gresham Partners, chairman of Alinta Energy, and a director of Westfield Group. Mr Johnson was chairman of the Australian Financial Centre Taskforce, an Australian Government initiative directed towards ensuring efficiency and competitiveness in the financial services sector. Mr Johnson has been a director of a number of public companies, including Macquarie Group, AGL Energy, Pioneer International, GPG Plc, Santos and the Sydney Futures Exchange.

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Stephen Baghdadi, Executive Director

Mr. Baghdadi is experienced in identifying and securing opportunities across a range of sectors. Since 1991 he has been a director of several ASX listed companies.

In 2014 he became the largest shareholder in ASX listed Southern Cross Exploration NL and accepted the role of Executive Director. SXX recently subscribed for 140,000,000 shares in DTR and became a 40% shareholder in the company.

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Greg Hall, Non-Executive Director

Mr Hall is an exploration geologist with over 40 years of international experience. From 1988-2005, he was employed by the Placer Dome group of companies, serving as Chief Geologist -World Wide during the last five years he was there. Placer Dome was later acquired by Barrick Gold Corporation in early 2006. Over the 11 course of his illustrious career, Mr. Hall had a senior role in the discoveries of both Gold Field's Granny Smith mine and Rio Tinto's Yandi iron ore mine. In addition, he took part in the discoveries of Keringal and Wallaby in Australia's Eastern Goldfields, as well as the definition of AngloGold Ashanti's Sunrise gold mine. Mr. Hall holds a Bachelor of Applied Science from the University of New South Wales, Australia.

Board of Directors and Senior Management

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David Woodall, Strategic and Technical Advisor

David is advising Dateline Resources in the technical and strategic development of the Gold Links Project. He has extensive international mining experience, with over 30 years’ experience in executive and senior leadership roles in the mining and resources industry working for some of the world’s largest mining companies including Newcrest Mining, Fortescue, Rio Tinto and Placer Dome in underground and open pit operations in gold, base metals and iron ore. David has a BSc in Mining Engineering from the Western Australian School of Mines, a Grad Dip in Business and a MSc in - Mineral Economics from Curtin University. He is a Member of the Australian Institute of Mining and Metallurgy, and a graduate member of the Australian Institute of Company Directors.

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John Smith, Company Secretary

Mr Smith is a Fellow of CPA Australia and a Chartered Secretary with over 30 years experience in management of both private and public companies.

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Bob Gydesen

Bob has had a long involvement in the Colorado Mining and Civil works industries and is assisting Dateline in all rehabilitation and preparation works at the mines. Bob’s family were lease holders of the Gold Links Mine and have previously also owned the Lucky Strike leases. Bob’s involvement and understanding of the local community along with the assistance and loyalty of his team will be invaluable as we move the projects forward.

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Additional Information

13

Gold Links Project Location and Infrastructure

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Gold Links Mine
Lucky Strike
Mill
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  • Regional Centre Gunnison with a Pop. 6,000

  • Project 40 km from Gunnison

  • Exceptional logistics

  • Sealed roads

  • Engineering and other services

  • Regional pool of miners

  • 37 km to Lucky Strike Mill

  • Colorado Mineral Belt developed above two large intrusions seen as gravity lows

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Gold Links – Multiple High Grade Veins

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Sacramento Mine
Gold Links Mine
Raymond Portal
Carter Portal
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  • 6 gold veins (1100, 1700, 2100, 2150, 3300 and Sacramento)

  • 2150 and Sacramento with average strike of ~ 600 m and ~ 400 m respectively

  • • All veins open on strike and depth

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Gold Links Project – Vein Locations

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Sacramento Mine
Gold Links Mine
Upper Links Mine
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Gold Links Project – 2150 Vein Detail

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  • Produced ~$515,000[1] of Gold between 1905-1912 (45,000 oz @$20 per oz)

  • Strike ~ 600m (2,000 ft) and stoped to ~ 80m (275ft) above main level

  • Outcrops on surface and is open at depth and to the south.

  • Note: 1. Net of transportation and smelting costs

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Sacramento Zone

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  • Produced $600,000[1] of Gold between 1890’s to 1904 (45,000 oz Au and 300,000 ozs Ag) when mining ceased with the intersection of the 2150 vein in 1905.

  • Mined over 3 levels using shrinkage stoping – broken ore remains.

  • Open at depth and strike.

Note: 1. Net of transportation and smelting costs

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Gold Links Project: Initial High Grade Targets

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  • Upper Gold Links zone sample assays returned an average of 23g/t over 100ft (33metres), highest grade was ~ 3ft @ 151 g/t Au.

  • Sampling of Sacramento Stope broken ore indicated it is mineralised and not waste - encouraging grades highest sample being ~18g/t Au.

  • Dateline drilling confirms continuity of structure.

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Gold Links Project - Processing Facilities

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Lucky Strike Mine & Mill

Saguache Mill

  • Permitted mine and mill ~ 350 acres of freehold land

  • Operating processing facility 30 km from mine

  • Historical Lucky Strike grades 12-15g p/t Au

  • Functioning 100-150tpd mill

  • Permitted facility for milling

  • Can toll treat ore

  • 17 acres of freehold

  • Functioning 25-35 tpd mill

  • Working with Hazen Research to optimise the facility

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