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Dakota Gold Intercepts 2.85 grams/tonne Gold over 13.7 Meters of Tertiary Epithermal Mineralization in the Unionville Zone
Lead, South Dakota--(Newsfile Corp. - August 22, 2024) - Dakota Gold Corp. (NYSE American: DC) ("Dakota Gold" or the "Company") is pleased to announce that expl
About this update from Dakota Gold Corp.
[{"type":"text","content":" Lead, South Dakota--(Newsfile Corp. - August 22, 2024) - Dakota Gold Corp. (NYSE American: DC) (\"Dakota Gold\" or the \"Company\") is pleased to announce that exploration drilling at the Maitland Gold Project (\"Maitland\") in South Dakota continues to deliver results, expanding the areas of continuous Tertiary epithermal gold mineralization at the Unionville Zone. To date, Dakota Gold's drill program has tested and confirmed the Unionville Zone target extension strike extends for at least 2,000 meters. In addition, with the inclusion of rock chip samples, the total strike length could extend to as much as 3,000 meters. Significant Highlights (See Table 1): Drill hole MA24C-053 intersected 2.85 grams/tonne gold (g/t Au) over 13.7 meters and 1.44 g/t Au over 23.0 meters, and MA24C-048 intersected multiple sections of gold mineralization including 4.34 g/t Au over 7.0 meters of Tertiary epithermal mineralization. Both drill holes were located within the central portion of the Unionville Zone at shallow depths. Drill hole MA24C-047, the northern most drill hole completed to date, has intersected 4.73 g/t Au over 3.6 meters of deeper, higher-grade Tertiary epithermal mineralization more than 2 kilometers north of the main Unionville Zone discovery. MA24C-047 extends the mineralization approximately 200 meters past the previously announced step-out drill hole, MA24C-040. Tertiary epithermal gold mineralization remains open in all directions at Maitland. James Berry, Vice President Exploration of Dakota Gold, said, \"These results continue to confirm our belief that the Tertiary epithermal system at Maitland is comprised of multiple structures across a broad area extending over several kilometers. As we continue to explore this area for deeper Homestake Mine-Style gold mineralization targets, we expect to encounter additional higher-grade Tertiary epithermal mineralization at the same time. With every test drill hole at Maitland, we have a high probability of encountering both types of gold mineralization, which provides excellent optionality and value in our exploration programs.\" Table 1. Released Drill Results (Metric / Imperial)1,2 Hole # From To Depth Interval* Gold From To Depth Interval* Gold Mineral Type g x m m m m m g/t ft ft ft ft oz/ton MA24C-047 933.3 936.9 643.0 3.6 4.73 3061.9 3073.7 2110.0 11.8 0.138 Tert 17 MA24C-0...