Dakota Gold Corp. · AMEX:DC
Dakota Gold — Investor Presentation (November 2023)
26 slides from Dakota Gold's investor presentation, November 2023
Slide 1: Revitalizing The Homestake District of South Dakota
Revitalizing The Homestake District of South Dakota DAKOTA GOLD CORPORATE PRESENTATION November 2023 dakotagoldcorp.com NYSE American: DC
Slide 2: Disclaimer
DISCLAIMER NYSE American: DC Forward-Looking Statements This communication contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including the statements regarding Dakota Go
Slide 3: Dakota Gold Delivering Value
DAKOTA GOLD DELIVERING VALUE NYSE American: DC PROGRESS MADE SINCE COMMENCING DRILLING • Drilling commenced – January 2022 • Merger of DTRC and JR Resources – March 2022 • NYSE American listing – April 2022 • GDXJ & Russell 3000 Index Inclusion – June 2022 OUTLOOK • Four Drills Operating – 214,565 f
Slide 4: Dakota Gold Project Areas
DAKOTA GOLD PROJECT AREAS Homestake District, South Dakota, USA NYSE American: DC Over ~46 Thousand Mineral Acres Incl ~13 Thousand on Private Land HOMESTAKE DISTRICT HIGHLIGHTS • World’s largest iron formation-hosted gold deposit • Under explored district dakotagoldcorp.com | 4 dakotagoldcorp.com |
Slide 5: The Dakota Gold Homestake Advantage
THE DAKOTA GOLD HOMESTAKE ADVANTAGE Largest property package in the area; key projects on private land NYSE American: DC HOME OF THE LARGE PROSPECTIVE EXPERIENCED +$20.8 MILLION BARRICK OPTION HOMESTAKE MINE LAND PACKAGE LEADERSHIP TEAM CASH BALANCE1 AGREEMENTS • +40M ounce gold producer • +46 thous
Slide 6: Homestake Corridor Property
HOMESTAKE CORRIDOR PROPERTY Revitalizing The Homestake District – Over 45M Oz Gold Produced NYSE American: DC BLIND GOLD MAITLAND MINE Sturgis ~200,000 Oz HOMESTAKE FORMATION produced TINTON projected to the surface of the precambrian unconformity RICHMOND HILL Deadwood SIGNIFICANCE TO ~172,000 Oz p
Slide 7: Dakota Gold's Property Map
DAKOTA GOLD’S PROPERTY MAP Key project areas NYSE American: DC BARRICK AGREEMENTS MAITLAND Blind Sturgis RICHMOND HILL Gold MAITLAND PURCHASE AGREEMENT October 23, 2020 City • Purchased 2,112 mineral acres Creek Deadwood Tinton SURFACE BARRICK OPTION AGREEMENT September 7, 2021 • Option to acquire 4
Slide 8: Long Section – Homestake Corridor
LONG SECTION – HOMESTAKE CORRIDOR Maitland Gold Project Contiguous to the Historic Homestake Mine NYSE American: DC NW SE MAITLAND PROPERTY FORMER HOMESTAKE MINE Potential For New Mine Opportunities 40 Million Ounces Gold Produced Homestake Iron Formation MG 50’ @ 0.109 opt AU M27 50’ @ 0.122 opt AU
Slide 9: Maitland Gold Project
MAITLAND GOLD PROJECT 2,112 Private Mineral Acres & Contiguous to the Historic Homestake Mine NYSE American: DC MAITLAND GOLD OPPORTUNITY • Continuous iron formation host rock extending north from Homestake Mine • Exploration focus for Homestake Mining Company’s growth strategy in the 1990’s • Priva
Slide 10: Historical Homestake Mine Ledges
HISTORICAL HOMESTAKE MINE LEDGES 19 Ledge Projected Footprint with Dakota Gold Maitland Holes Plan view NYSE American: DC • Identified Homestake Mine-style gold mineralization at Maitland and discovered the JB Gold Zone • Tertiary epithermal gold mineralization is over 4,000 feet in strike length an
Slide 11: Maitland Gold Project – JB Gold Zone Core Comparison
MAITLAND GOLD PROJECT NYSE American: DC Dakota Gold Maitland Project - Homestake Formation – MA23C-017 JB GOLD ZONE CORE COMPARISON TO HISTORIC HOMESTAKE MINE Core photo of MA23C-017 (Dakota Gold Corp) at 2,703 feet (823.9 meters) showing arsenopyrite, Homestake Mine – Homestake Formation – 7 Ledge
Slide 12: Maitland Drill Holes – JB Gold Zone Discovery
MAITLAND DRILL HOLES – JB GOLD ZONE DISCOVERY Cross Section View Looking Northwest NYSE American: DC SOUTHWEST NORTHEAST JB GOLD ZONE INTERSECTING HOMESTAKE- SYTLE MINERALIZATION • MA23C-017 intersected 0.365 oz/ton Au over 15.3ft (12.51 g/t over 4.7m) • The upper portion of MA23C-022 intersected 0.
Slide 13: Maitland Gold Project – Unionville Zone
MAITLAND GOLD PROJECT – UNIONVILLE ZONE Tertiary-age Epithermal Gold Mineralization NYSE American: DC • The Unionville Zone gold discovery contains Tertiary-age, Drill Hole MA22C-009 intersected 119.7 ft. @ 0.104 oz/ton Au structurally controlled epithermal gold mineralization in repeating fault str
Slide 14: Maitland Drill Holes – Unionville Zone Discovery
MAITLAND DRILL HOLES – UNIONVILLE ZONE DISCOVERY Cross Section View Looking Northwest NYSE American: DC • Tertiary-age epithermal gold mineralization crosscuts and overlies earlier Precambrian-age gold mineralization hosted in the Homestake Iron Formation. • Although commonly associated with Tertiar
Slide 15: Maitland Gold Project – Unionville Extension
MAITLAND GOLD PROJECT – UNIONVILLE EXTENSION Plan View Map NYSE American: DC UNIONVILLE EXTENSION AND OTHER TERTIARY TARGETS • On-trend indication of Tertiary-aged Select Rock Samples Gold (oz/ton) gold mineralization north of the 0.145 to 0.29 (5.0 to 9.9 g/t) 0.060 to 0.145 (2.1 to 5.0 g/t) Unionv
Slide 16: Richmond Hill Gold Project
RICHMOND HILL GOLD PROJECT 2,726 Private Mineral Acres NYSE American: DC HOMESTAKE FORMATION RICHMOND HILL OPPORTUNITY • Three target types recognized • Pre-Cambrian Iron Formation • Tertiary mineralization (oxide and sulfide) RICHMOND • 6 known Breccia pipes (breccias are open at depth with a HILL
Slide 17: Richmond Hill Drill Holes
RICHMOND HILL DRILL HOLES Plan View NYSE American: DC RICHMOND HILL MINERALIZATION IS OVER A MILE IN STRIKE LENGTH • Only partially tested three of the six known breccia pipes • Higher grade structures have been encountered including RH23C-016 - 0.102 oz/ton over 77.6 ft (3.5 g/t over 23.7 m) RH23C-
Slide 18: Richmond Hill Drill Holes RH23C-015 & 016
RICHMOND HILL DRILL HOLES RH23C-015 & 016 Cross Section View NYSE American: DC • RH23C-016 intersected 0.102 oz/ton Au over 77.6ft (3.50 g/t over 23.7m) below the historical drilling at Richmond Hill. • When length weighted, RH23C-016 had an average grade of 0.028 oz/ton Au (0.95 g/t) over the 1,007
Slide 19: 2022 Sustainability Report Highlights
2022 SUSTAINABILITY REPORT HIGHLIGHTS NYSE American: DC HEALTH AND SAFETY • Voluntarily provided full Mine Safety and Health Administration training to our workforce. • Nearly tripled workforce numbers in 2022. • 34 full-time employees, 5 part-time employees, 3 interns, 10 consultants, and 40 contra
Slide 20: Capital Structure & Shareholders
CAPITAL STRUCTURE & SHAREHOLDERS Management and Advisors Own ~25%; Full Alignment with Shareholders NYSE American: DC SHAREHOLDERS (Oct 20, 2023) CAPITAL STRUCTURE (in millions) (Oct 20, 2023) 2 Orion Mine Finance, 7.7% Shares Outstanding 86.7 Robert Quartermain, 8.5% - Co-Chairman Stock Options 4.2
Slide 21: Dakota Gold Directors and Management
DAKOTA GOLD DIRECTORS AND MANAGEMENT NYSE American: DC Robert Quartermain Past Executive Chairman of Pretium Resources Inc. Inducted to Jennifer Grafton Senior VP & Associate General Counsel of E2open Parent Holdings BOARD OF DIRECTORS Co-Chair, Director Canadian Mining Hall of Fame in 2022. Directo
Slide 22: 2023 / 2024 Outlook
DAKOTA GOLD DELIVERING VALUE Entering Next Era of Homestake District Gold Exploration NYSE American: DC 2023 / 2024 OUTLOOK • ~$30 MILLION EXPLORATION PROGRAM UNDERWAY • 4 DRILLS operating on PRIVATE LAND to advance KEY PROJECTS: • - MAITLAND GOLD EXPLORATION • Drilling Program south of Maitland Min
Slide 23: Appendix
APPENDIX
Slide 24: Homestake Mine Gold Grades
HOMESTAKE MINE GOLD GRADES NYSE American: DC Main Ledge Av. 8.37 g/t Au 65.6M tons / 15.5M oz Au 7 Ledge Av. 7.31 g/t Au 7.5M tons / 1.5M oz Au 9 Ledge Av. 9.05 g/t Au 38.3M tons / 10.1M oz Au 11 Ledge Av. 7.87 g/t Au 8.6M tons / 1.9M oz Au 13 Ledge Av. 8.71 g/t Au 1.6M tons / 0.4M oz Au 15 Ledge Av
Slide 25: Homestake Mine Exploration
HOMESTAKE MINE EXPLORATION NYSE American: DC Homestake Mined Tons by Level and Ledge 19.7M tons 12.4M tons 6,000,000 MainLedge Main Ledge 15.5M oz Au Caledonia Caledonia 1.2M oz Au 5,000,000 55Ledge Ledge 0.3M oz Au 4,000,000 77Ledge Ledge 1.5M oz Au 99Ledge Ledge 10.1M oz Au 3,000,000 11Ledge 11 Le
Slide 26: Media and Investor Relations
MEDIA AND INVESTOR RELATIONS info@dakotagoldcorp.com Jonathan Awde C +1 604 761 5251 @dakotagoldcorp E jawde@dakotagoldcorp.com linkedin.com/company/dakotagold/ LEAD MAIN OFFICE 106 Glendale Drive, Suite A, Lead, dakotagoldcorp.com South Dakota, 57754, USA +1 778 655 9638 VANCOUVER OFFICE 1588 609 G