Dateline Resources : Discovery Zone extended at Gold Links

ASX Release

16 February 2022

DATELINE RESOURCES

LIMITED

(ACN 149 105 653)

ASX Code: DTR

CAPITAL STRUCTURE

Share Price (15/02/22) $0.084
onlyShares on issue	438 million
Market Cap	$36.8 million
use
MAJOR SHAREHOLDERS
Southern Cross Exploration NL	21.8%
Mr. Mark Johnson AO		19.8%
National Nominees Ltd	11.9%
Stephen Baghdadi		5.9%
DIRECTORS &
personal
MANAGEMENT
M rk Johnson AO
Chairman
Stephen Baghdadi
Managing Director
Greg Hall
N n‐Executive Director
Tony Ferguson
Non‐Executive Director
Bill Lannen
Non‐Executive Director
Mark Ohlsson
Company Secretary
CONTACT
Mark Ohlsson
Phone: [phone]
Postal Address: P.O. Box 553
South Hurstville NSW 2221
For

Email: [e-mail]

DISCOVERY ZONE EXTENDED

AT GOLD LINKS

Highlights

• Assay results from diamond core drilling confirm extension of Discovery Zone 1.
• Significant intersections include:

• 1. CRG21‐038: 1.54m @ 18.44g/t Au & 16g/t Ag o CRG22‐002: 1.55m @ 14.6g/t Au & 29.3g/t Ag o CRG21‐042: 0.5m @ 30.04g/t Au & 274g/t Ag
• Drilling program expanded to test the down dip extension of Discovery Zone 1.

Dateline Resources Limited (ASX: DTR) (Dateline or the Company) is pleased to announce high‐grade gold intersections returned from its underground drilling program at the Gold Links Gold Project, located in Gunnison County, Colorado:

Commenting on the results, Dateline's Managing Director, Stephen Baghdadi, said:

"These drilling results are consistently returning high grade gold values and the behaviour of the vein is in‐line with our expectations. The expansion of Discovery Zone 1 gives the Company the opportunity to expand its mineral resource inventory and extract material for processing at our Lucky Strike Mill.

"Short term drilling plans are to continue testing the northern and down‐ dip extension of Discovery Zone 1."

Intersection Details

The current phase of the underground drilling program is aimed at extending a known mineralised zone that was drilled between 1975 and 1985. The Company has so far completed 21 holes into this area and has succeeded in extending mineralised zone.

The strike between the northern and southern most drillhole in Discovery Zone 1 is 112 metres and the distance between the highest and lowest mineralised drill hole is 128 metres. All geological indications are that the vein continues at depth and to the north.

Additional drilling is planned both from the current drill station #5 and from drill station #6 where the vein can be tested to greater depths.

ASX Release 16 February 2022

For personal use only

CRG21‐038 returned an assay result of 1.54 metres of 18.44g/t Au and 16g/t Ag. This drillhole was designed to test the southern extension of the 2150 vein and is 76 metres south of drill hole CRG17‐1. CRG17‐1 was drilled by the Dateline Resources in 2017 and is currently the northern most hole that has been drilled by Dateline from underground.

CRG22‐022 returned an assay result of 1.55 metres of 14.6g/t Au and 29.3g/t Ag. This drillhole was 23 metres down‐dip of CRG21‐042

CRG21‐042 returned an assay result of 0.5m of30.04g/t Au and 274g/t Ag. This hole was designed to test the lateral consistency of the vein.

Figure 1 - Long section view of ore zones annotated ‐ Gold Links Project scale is in feet

Further details on the drilling and assay methodology can be found in Table 1 at the end of this report.

This announcement has been authorised for release on ASX by the Company's Board of Directors.

For more information, please contact:

Stephen Baghdadi Managing Director [phone]

www.datelineresources.com.au

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

ASX Release 16 February 2022

About Dateline Resources Limited

For personal use only

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. The Company aims to delineate sufficient Mineral Resources to commence a small high‐grade, low‐cost operation by the end of 2021.

The Company owns the Lucky Strike gold mill, located 50km from the Gold Links mine, within the Green Mountain Project. It is proposed that ore from Gold Links would be transported to Lucky Strike for processing.

The Colosseum Gold Mine is located in the Walker Lane Trend in East San Bernardino County, California and produced approximately 344,000 ounces of gold (see ASX release 15 March 2021). Significant potential remains for extension to mineralization at depth.

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 (CP‐IMM). 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 16 February 2022

Drillhole table (for drill holes with greater than 0.2g/t Au)

			Sample_ID			Hole_ID			Drill			From (m)			To (m)			Length (m)			Au ppm			Ag ppm
only						Type
326245			CRG21‐003		Core	33.4		33.7		0.3		0.21		3.49
326246			CRG21‐003		Core	33.7		33.9		0.2		2.57		38.30
326247			CRG21‐003		Core	33.9		34.0		0.2		1.03		8.20
326248			CRG21‐003		Core	34.0		34.4		0.4		0.89		10.80
	E255055		CRG21‐004		Core	17.2		17.8		0.6		15.20		60.70
	E255056		CRG21‐004		Core	17.8		19.4		1.6		7.73		77.90
	E255058		CRG21‐004		Core	19.4		20.7		1.3		0.31		3.86
use
	E255061		CRG21‐004		Core	21.1		21.5		0.4		0.29		1.95
326229			CRG21‐006		Core	21.8		22.3		0.5		17.95		49.60
			E255081		CRG21‐007		Core	5.9		6.1		0.2		0.80		5.13
			E255084		CRG21‐007		Core	6.6		7.0		0.5		0.38		17.80
			E255087		CRG21‐007		Core	9.0		9.5		0.6		0.41		5.48
			E255088		CRG21‐007		Core	9.5		10.2		0.7		0.37		4.21
personal			E255089		CRG21‐007		Core	10.2		10.5		0.3		0.41		3.65
		E255097		CRG21‐013		Core	32.6		32.8		0.2		0.41		7.51
		E255099		CRG21‐014		Core	29.0		30.5		1.5		0.37		2.50
			E255100		CRG21‐014		Core	30.5		32.2		1.7		0.22		9.30
			E255105		CRG21‐014		Core	55.4		55.8		0.4		0.25		3.49
			E255114		CRG21‐016		Core	18.3		18.4		0.1		0.30		1.81
			E255115		CRG21‐016		Core	18.4		18.7		0.3		0.60		4.51
			E255130		CRG21‐014a		Core	29.0		29.3		0.2		0.30		2.40
			E255132		CRG21‐014a		Core	29.6		30.1		0.5		2.33		14.40
			E255133		CRG21‐014a		Core	30.1		30.8		0.7		0.40		13.30
			E255144		CRG21‐017		Core	20.8		21.2		0.4		1.32		6.36
			E255145		CRG21‐017		Core	21.2		21.9		0.7		0.72		14.70
			E255148		CRG21‐017		Core	23.9		24.4		0.5		0.73		2.59
			E255163		CRG21‐018		Core	30.9		31.2		0.3		0.35
			E255176		CRG21‐025		Core	17.2		17.7		0.6		0.44		9.56
For		E255177		CRG21‐025		Core	17.7		19.1		1.4		5.53		9.09
	E255179		CRG21‐025		Core	21.3		21.9		0.6		0.20		8.19
	E255182		CRG21‐025		Core	25.3		26.2		0.9		14.71		23.70
			E255183		CRG21‐025		Core	26.2		26.5		0.4		11.54		35.10
			E255193		CRG21‐026		Core	10.8		11.0		0.2		2.62		2.85
			E255209		CRG21‐026		Core	53.2		53.7		0.5		0.33		0.86
			E255215		CRG21‐026		Core	56.4		57.2		0.8		15.74		106.29
			E255219		CRG21‐026		Core	57.8		58.2		0.4		0.68		3.43
			E255226		CRG21‐027		Core	58.3		58.7		0.4		2.07		4.11
			E255232		CRG21‐027		Core	63.3		64.0		0.7		0.29		25.37
			E255234		CRG21‐027		Core	64.0		64.6		0.6		56.74		383.66

ASX Release 16 February 2022

Drillhole table (for drill holes with greater than 0.2g/t Au)

only		Sample_ID		Hole_ID		Drill Type	From (m)		To (m)		Length (m)		Au ppm		Ag ppm
	E255237		CRG21‐027		Core	64.9		65.1		0.3		33.19		228.35
	E255239		CRG21‐027		Core	65.1		65.6		0.5		8.61		39.09
	E255244		CRG21‐028		Core	68.7		69.2		0.5		25.89		40.80
	E255268		CRG21‐032		Core	48.1		48.2		0.1		94.34		89.01
	E255270		CRG21‐032		Core	48.2		48.8		0.5		0.56		4.50
	E255273		CRG21‐032		Core	49.3		49.7		0.5		0.27		5.25
	E255274		CRG21‐032		Core	49.7		50.1		0.3		14.61		17.38
use
	E255284		CRG21‐033		Core	60.7		61.1		0.4		0.24		4.82
	E255286		CRG21‐033		Core	61.1		61.4		0.2		0.67		11.20
			E255288		CRG21‐033		Core	61.4		61.6		0.2		2.91		32.70
			E255294		CRG21‐034		Core	34.8		34.9		0.1		0.20		54.50
			E255295		CRG21‐034		Core	47.2		47.4		0.2		1.27		10.20
			E255303		CRG21‐034		Core	52.2		52.3		0.2		29.45		> 100
personal			E255305		CRG21‐034		Core	52.3		52.9		0.6		0.21		8.22
		E255310		CRG21‐035		Core	36.4		36.6		0.2		2.74		47.20
		E255321		CRG21‐035		Core	51.1		51.3		0.2		0.91		79.30
			E255341		CRG21‐037		Core	44.5		44.7		0.2		0.35		28.10
			E255344		CRG21‐037		Core	47.9		48.2		0.2		0.46		1.83
			E255346		CRG21‐037		Core	48.2		48.6		0.4		1.29		1.62
			E255347		CRG21‐037		Core	48.6		49.0		0.4		0.31		4.36
			E255350		CRG21‐037		Core	50.4		51.0		0.5		0.29		2.99
			E255351		CRG21‐037		Core	51.0		51.2		0.2		2.80		91.70
			E255353		CRG21‐037		Core	51.2		51.5		0.3		0.72		2.87
			E255356		CRG21‐038		Core	15.1		15.8		0.6		0.50		2.92
			E255357		CRG21‐038		Core	29.7		29.8		0.1		0.68		17.10
			E255358		CRG21‐038		Core	41.1		41.3		0.1		0.48		84.30
			E255360		CRG21‐038		Core	56.6		57.2		0.5		0.21		10.50
			E255362		CRG21‐038		Core	57.2		57.4		0.2		41.30		29.00
For		E255364		CRG21‐038		Core	57.4		57.6		0.2		83.98		37.70
	E255367		CRG21‐038		Core	58.1		58.9		0.8		0.38		< 0.01
	E255369		CRG21‐039		Core	48.8		49.0		0.2		1.92		158.00
			E255372		CRG21‐039		Core	53.6		54.0		0.4		0.30		5.07
			E255375		CRG21‐031		Core	40.5		40.8		0.3		3.49		20.40
			E255378		CRG21‐031		Core	60.8		61.1		0.3		1.69		11.90
			E255380		CRG21‐031		Core	61.1		62.1		1.0		0.41		2.66
			E255387		CRG21‐041		Core	56.2		56.7		0.5		0.41		10.40
			E255389		CRG21‐041		Core	56.7		57.0		0.3		1.11		99.90
			E255392		CRG21‐042		Core	2.7		2.9		0.2		0.35		6.09
			E255408		CRG21‐042		Core	39.9		40.2		0.3		0.76		218.00