Dome Gold Mines Ltd.ASX: DME

Revised Quarterly Activities Report

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For personal use only

29 July 2022

The Manager Companies

ASX Limited

20 Bridge Street

Sydney NSW 2000

Due to a typographical error, Dome Gold Mines Ltd ('Dome' or 'the Company) provides an update of its Quarterly Activities Report Dated 28 July 2022. The update is to the second paragraph on the last page of the report under the heading "About Dome" as follows:

Where it reads:

Sigatoka is a heavy mineral sand project containing abundant magnetite. Drilling to establish an initial resource estimate for the project has been completed, and initial stages of a definitive feasibility study are now underway. Commencement of production at Sigatoka by conventional sand mining and wet processing is anticipated within two years.

It should read:

Sigatoka is a heavy mineral sand project containing abundant magnetite. Drilling to establish an initial resource estimate for the project has been completed, and a definitive feasibility study is now underway.

There are no other changes to the Quarterly Activities Report.

This announcement has been approved by the Chairman J.V. McCarthy.

Yours Faithfully

Marcelo Mora

Company Secretary

DOME GOLD MINES LTD

Level 46, 680 George Street

GPO Box 1759 Sydney

T +61 2 8203 5620

E

info@domegoldmines.com.au

ABN 49 151 996 566

Sydney NSW 2000 Australia

NSW 2001 Australia

F +61 2 9012 0041

W

www.domegoldmines.com.au

For personal use only

ASX Announcement ASX Code: DME29 July 2022

ACTIVITIES REPORT FOR JUNE QUARTER, 2022

______________________________________________________________________________________

Dome Gold Mines Limited ("Dome" or "Company") (ASX code: DME) is pleased to report activities at its industrial sand-magnetite-heavy mineral, its Nadroga copper-gold and Ono Island gold-silver projects in Fiji for the period ended 30 June 2022.

Highlights

  • The current 3-year period for the Sigatoka Special Prospecting Licence SPL1495 expired on the 10th of February 2022 and the Company is pleased to report that the SPL1495 licence was renewed for a further 3-year term ending 26th April 2025.
  • IHC Mining issued its final report on the pilot plant processing of the representative bulk sample from the Sigatoka deposit. The highlights of the results were that magnetite concentrate contained 59.7% Fe, exceeding the target of >56.5% Fe.
  • Samples of magnetite concentrate and washed industrial sand from the pilot plant have been prepared for presentation to potential customers.
  • During the June 2022 quarter, engineering, mine planning, marketing, Geotech, marine studies, and EIA consultants have been working diligently on all aspects of the DFS. The completion of the DFS will be a major milestone toward mine development at the Sigatoka Project.
  • A Non-disclosure agreement has been entered into with a major international mining group. Site inspections including examination of existing drill core on Ono Island and collection of samples from areas of interest on SPL1451 and SPL1452 were undertaken earlier in July.

SIGATOKA (SPL1495) DFS PROGRESS

The final report on the pilot plant processing of the bulk sample of sand from Sigatoka was issued by IHC Mining in June. The conclusions from the IHC report are as follows;

"… Sigatoka average grade DFS metallurgical test work sample processed readily through the DFS process presented herein. The process was simple, utliised standard mineral sands separation quipment and demonstrated process consistency and robustness.

Ultimately, a Magnetite Product containing 59.7% Fe was produced from the average grade DFS metallurgical test work sample, with an overall mass yield of 11.8%. This represented a target

DOME GOLD MINES LTD

Level 46, 680 George Street

GPO Box 1759 Sydney

T +61 2 8203 5620

E

info@domegoldmines.com.au

ABN 49 151 996 566

Sydney NSW 2000 Australia

NSW 2001 Australia

F +61 2 9012 0041

W

www.domegoldmines.com.au

For personal use only

magnetite/titano-magnetite mineral recovery of 83.2% (QEMSCAN) or 86.9% (magnetic fractionation).

A tailings stream, representing a further 54.6% mass yield, was identified to be suitable for construction sand applications including fine concentrate aggregate, graded asphalt aggregate and unbound pavement.

Additionally, the Dome Gold magnetic fractionation method has again been proven to be an inexpensive, fast and effective method for estimating magnetite/titano magnetite grade and recovery."

Magnetite concentrate product

DOME GOLD MINES LTD

Level 46, 680 George Street

GPO Box 1759 Sydney

T +61 2 8203 5620

E

info@domegoldmines.com.au

ABN 49 151 996 566

Sydney NSW 2000 Australia

NSW 2001 Australia

F +61 2 9012 0041

W

www.domegoldmines.com.au

For personal use only

Industrial sand samples

During the December quarter, Dome reported that the Company had engaged Flagstaff PCM Pty Ltd (Flagstaff) to oversee, coordinate and manage the IHC pilot plant and DFS programs. Based on competitive bidding and recommendations from Flagstaff, Dome through its wholly owned subsidiary, Magma Mines Pte Ltd has engaged successful bidders for all components of the DFS. These include the following main studies being presently underway;

  1. Plant Area Package - DRA Pacific Pty Ltd
  2. Geotechnical Investigations - Entec Pte Limited
  3. Mining Package - AMC Consultants Pty Ltd
  4. Environmental Impact Assessment - Smith Geosciences Consultancy
  5. Marketing Studies - Stratum Resources
  6. Marine Studies - Royal Hosking DHV
  7. Financial Model - Flagstaff PCM Pty Ltd

Work on all of the DFS packages is progressing well including several new areas of investigation now required by the Fiji Government.

DOME GOLD MINES LTD

Level 46, 680 George Street

GPO Box 1759 Sydney

T +61 2 8203 5620

E

info@domegoldmines.com.au

ABN 49 151 996 566

Sydney NSW 2000 Australia

NSW 2001 Australia

F +61 2 9012 0041

W

www.domegoldmines.com.au

For personal use only

ONO ISLAND (SPL1451) GOLD-SILVER & NADROGA (SPL1452) PORPHYRY COPPER-GOLD

Dome has entered into a Non-Disclosure Agreement with a major multi-national mining group who have expressed an interest in examining Dome's two hardrock projects in Fiji. The work involved site inspections, and collection of rock (9 samples), stream geochemical (5 samples) and examination and sampling of drill core (11 samples). If results warrant Dome may negotiate a joint venture exploration agreement with the major company.

CORPORATE AND ADDITIONAL INFORMATION

Dome Gold Mines Limited ("Dome" or "the Company") provides this additional information regarding the quarterly activities report for the quarter ended 30 June 2022.

During the Quarter the Company expended $484K on exploration and related activities.

The majority was spent on exploration activities at the Sigatoka Project in Fiji, which is wholly owned by Dome. Approximately $481K was spent on Sigatoka DFS program, which includes Fiji office operations, consultants' fees, pilot plant processing and other travel related costs.

The balance was expended on sundry exploration and tenement, accounting and administration related costs.

No expenditure was incurred during the Quarter on mining production and development activities.

Payments to related parties of the entity and their associates during the June 2022 quarter totaled $60K, which were all directors' fees.

As at 30 June 2022 Dome held $4.13M in cash.

For further information about Dome and its Fijian projects, please refer to the Company's websitewww.domegoldmines.com.auor contact the Company at (02) 8203 5620.

This quarterly report has been approved by the Chairman Mr. J. McCarthy.

J.V. McCarthy

Chairman

DOME GOLD MINES LTD

Level 46, 680 George Street

GPO Box 1759 Sydney

T +61 2 8203 5620

E

info@domegoldmines.com.au

ABN 49 151 996 566

Sydney NSW 2000 Australia

NSW 2001 Australia

F +61 2 9012 0041

W

www.domegoldmines.com.au

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