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Dakota Gold Announces Extension of Unionville Zone at the Maitland Gold Project
Lead, South Dakota--(Newsfile Corp. - March 20, 2024) - Dakota Gold Corp. (NYSE American: DC) ("Dakota Gold" or the "Company") is pleased to report assays from
About this update from Dakota Gold Corp.
[{"type":"text","content":" Lead, South Dakota--(Newsfile Corp. - March 20, 2024) - Dakota Gold Corp. (NYSE American: DC) (\"Dakota Gold\" or the \"Company\") is pleased to report assays from an additional eleven drill holes from the Maitland Gold Project (\"Maitland\") in South Dakota. The results from these drill holes demonstrate continuity of the Tertiary epithermal gold mineralization in the Unionville Zone at Maitland discovered in drill hole MA22C-009 (3.57 grams/tonne Gold over 36.48 meters) and announced February 8, 2023. This type of mineralization was never pursued in the historical 40-million-ounce gold producing Homestake Mine located approximately 3 miles (~4,800 meters) to the south, and it represents an underexplored opportunity for the Company at Maitland and elsewhere on the Company's other project areas in the Homestake District. Significant Highlights (See Table 1): Step-out drill hole MA23C-023, completed over 2,000 feet (~600 meters) to the north of MA22C-009, returned 6.24 grams/tonne Gold over 2.6 meters, indicating a significant extension of the Tertiary gold mineralization at Maitland. Infill drill holes MA23C-028 and MA24C-035, completed south and north of the Unionville Zone discovery hole, returned 4.44 grams/tonne Gold over 15.3 meters (including 6.47 grams/tonne Gold over 9.6 meters) and 7.24 grams/tonne Gold over 7.3 meters, respectively. The Unionville Zone remains open to the north and south with an ultimate strike length that could exceed 2 miles (~3,200 meters). Also, epithermal gold mineralization occurs along parallel structures found in the historic Maitland Gold Mine to the east and undrilled parallel structures west of the Unionville Zone discovery. James Berry, Vice President Exploration of Dakota Gold, said, \"The Tertiary epithermal gold mineralization is close to surface, and contains a mix of oxide and sulfide mineralization. The opportunity we see at Maitland is unique in that we have the possibility to access two distinct types of mineralization, Tertiary-age epithermal mineralization near surface and Precambrian-age, Homestake Mine-style mineralization at depth. Tertiary mineralization has the potential to provide a strategic entryway for exploration to the Homestake Mine-style gold mineralization encountered below. The Tertiary mineralization at Maitland continues to grow, and it remains open and underexpl...