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Dakota Gold Intercepts 3.33 Grams/Tonne Gold over 9.9 Meters of Tertiary Epithermal Mineralization in the Unionville Zone
Lead, South Dakota--(Newsfile Corp. - July 9, 2024) - Dakota Gold Corp. (NYSE American: DC) ("Dakota Gold" or the "Company") is pleased to announce that it has
About this update from Dakota Gold Corp.
[{"type":"text","content":" Lead, South Dakota--(Newsfile Corp. - July 9, 2024) - Dakota Gold Corp. (NYSE American: DC) (\"Dakota Gold\" or the \"Company\") is pleased to announce that it has intersected additional higher-grade Tertiary epithermal gold mineralization associated with the Unionville Zone at the Maitland Gold Project (\"Maitland\") in South Dakota. Significant Highlights (See Table 1): Drill holes MA24C-049 intersected 3.33 grams/tonne gold (g/t Au) over 9.9 meters and 1.51 g/t Au over 19.1 meters, and MA24C-050 intersected 3.50 g/t Au over 6.1 meters of shallow Tertiary epithermal mineralization. Prior reporting shows higher-grade intersections including 3.57 g/t Au over 36.48 meters of Tertiary epithermal mineralization along the Unionville Zone structure which was announced with the discovery hole MA22C-009 on Feb 8th, 2023. Tertiary epithermal mineralization in the Unionville Zone, as well as in parallel structures remain open along strike in both directions and indicate widespread mineralization throughout the Maitland Gold Project. James Berry, Vice President Exploration of Dakota Gold, said, \"While Homestake Mine-style gold mineralization remains the primary focus of the Maitland exploration program, we continue to encounter shallow Tertiary epithermal gold mineralization in the Unionville Zone in the same areas where we are targeting deeper Homestake Mine-style mineralization. This means that we are often able to target two types of mineralization in the same hole, providing Dakota Gold with exceptional optionality. Furthermore, as we continue to explore Maitland, we expect to encounter additional parallel structures adding to the potential extension strike length that is already in excess of 3,000 meters and is open to the north and south.\" 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 MA23C-031 16.9 22.6 14.3 5.7 1.04 55.5 74.3 47.0 18.8 0.030 Tert 6 399.3 406.1 294.4 6.7 0.78 1310.2 1332.3 966.0 22.1 0.023 Tert 5 MA24C-037 8.9 17.7 8.5 8.8 1.41 29.2 58.0 28.0 28.8 0.041 Tert 12 36.3 39.0 32.3 2.6 1.32 119.2 127.8 106.0 8.6 0.039 Tert 3 44.7 52.0 39.6 7.3 0.63 146.6 170.7 130.0 24.1 0.018 Tert 5 63.9 67.5 56.4 3.5 1.51 209.8 221.4 185.0 11.6 0.044 Tert 5 MA24C-045 0.0 13.8 0 13.8 ...