Dateline Resources Limited announced that gold production activities are progressing well at the Gold Links Gold Mine in Colorado, ahead of plant re-commissioning. Initial production is focused on the 9900rl Mineral Resource on the 2150 Vein. The Indicated Mineral Resource being targeted has a head grade of 14.73g/t Au.

Following the completion of two headings on the 9900rl Mineral Resource, production from development drives has commenced at a rate of ~100tpd, with ore currently stockpiledat the mine site. Ore haulage is expected to commence this week, with ore transported to the Company's 100% owned Lucky Strike mill. Dateline has commenced re-commissioning activities at the Lucky Strike mill, with a 24-hour commissioning cycle planned for next week as the Company ramps up to full production.

The mill is initially planned to operate at ~100tpd, however the Company is investigating upgrading the circuit to ~250tpd.Following equipment and personnel productivity issues, a new drilling contractor hasbeen mobilised to site to complete the 12,000-foot drilling program. The new contractor has equipment that is more suitable for deeper holes that can be accessed from the #5 and other drill stations. Additionally, the Company has drawn down a further USD 3 million from a workingcapital facility and is fully funded to commence production stoping, development and continue with exploration until the period of first cashflow.

Production from development drives has commenced at the 9900rl Mineral Resource, with ore being extracted at arate of ~100tpd, a rate chosen to match the initial processing capacity at the Lucky Strike mill. Ore has been stockpiledat site, with haulage to commence this week. The Company plans to continue developing and stoping at this rate until a decision is made on upgrading the mill to~250tpd.

The ore zones encountered to date appear to have widths and grades in line with expectations from the Mineral Resource. As the Company is transitioning from a purely exploration phase to an ongoing production phase, it is undertaking areview of equipment and personnel requirements going forward, with owner-operator and contract models being considered. The Company has commenced re-commissioning works at the 100%-owned Lucky Strike mill.

The fully licenced millhas previously operated at 100tpd and has been well maintained. Minor equipment repairs and replacements have been required to bring the mill back up to `production ready' status. Initial commissioning is underway with a trial batch of development ore to be treated during a 24-hour campaign over the next week.

The Company is aiming towards first gold concentrate production and sale during First Quarter 2022. The Company has mobilised a new drilling contractor to site in order to effectively complete the drilling program. The previous drilling contractor had equipment and personnel reliability issues.

The new contractor is on site and has commenced drilling of the deeper targets, following the completion of site safety nductions. It is expected that the new contractor will complete the remainder of the existing 12,000-foot drilling campaign, with an extension likely based on results to date. Assay lab turnaround times continue to be an issue, something that is common at many resources projects around the world.

The Company has engaged a second lab with the aim of speeding up the return of assays to aid with forwarddrill planning. The Company has drawn down a further USD 3 million from a working capital facility in order to fund production, development and exploration activities until the receipt of first cashflows from sale of Gold Links concentrate shipments. The additional funds were advanced on the same terms as the initial draw down, repayable over 10 years with a 6% interest rate.

The terms do not include any debt-to-equity conversion rights for the lender. Following thedraw down, the Company has USD 9.865 million in debt.