Dateline Resources Limited provided the following update with regards to its Gold Links mine in Colorado. As noted in the Chairman's AGM address last week 1, the Company is seeking a strategic joint venture partner to progress the Gold Links operation. To preserve the value of the operation and minimise the cash requirements at the Gold Links, the Company has made the decision to move the mine into care and maintenance.

The Board is in discussions with various groups on a potential Joint Venture (JV) and a package of further debt with USA bankers. The objective of these discussions is to secure the future operations of Gold Links, without Dateline Resources having to make any further capital contribution. With the planned introduction of a strategic partner at Gold Links, the Company's primary focus will be the Colosseum Project in California.

In addition to the potential for Rare Earth Elements (REE) as defined by extensive mapping, sampling and a gravity survey, the Colosseum project already has a defined JORC-2012 compliant Mineral Resource of 813,000 ounces 2, with significant potential for extensions of the mineral resource at depth in the breccia pipes.