Dakota Gold Corp. · AMEX:DC
Dakota Gold — Investor Presentation (September 2022)
23 slides from Dakota Gold's investor presentation, Sep 8, 2022
Slide 1: Revitalizing The Homestake District of South Dakota
Revitalizing The Homestake District of South Dakota INVESTOR PRESENTATION September 8, 2022 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: The Dakota Gold Homestake Advantage
THE DAKOTA GOLD HOMESTAKE ADVANTAGE NYSE American: DC HOME OF THE LARGE PROSPECTIVE EXPERIENCED +$35 MILLION BARRICK OPTION HOMESTAKE MINE LAND PACKAGE LEADERSHIP TEAM CASH BALANCE* AGREEMENTS District contained the +42-thousand-acre Local leadership with Strong cash balance. Exclusive access to Hom
Slide 4: Dakota Gold Project Areas
DAKOTA GOLD PROJECT AREAS Homestake District, South Dakota, USA NYSE American: DC HOMESTAKE • Well-developed mine infrastructure • Exploration-friendly jurisdiction • Extending Homestake mineralization • World’s largest iron formation-hosted gold deposit DISTRICT • Household name in US • Tier 1 or T
Slide 5: Prolific Homestake District
PROLIFIC HOMESTAKE DISTRICT Over 45 Million Oz Gold Produced NYSE American: DC TINTON BLIND GOLD MAITLAND MINE ~200,000 Oz produced RICHMOND HILL ~172,000 Oz produced HOMESTAKE MINE WHARF MINE ~40 million Oz produced 4 million Oz produced (currently in production) GILT EDGE LEGEND ~282,000 Oz produc
Slide 6: Property Position Evolution
PROPERTY POSITION EVOLUTION Rapid Growth to over 42,600 Mineral Acres NYSE American: DC 2018 PROPERTY POSITION 2020 PROPERTY POSITION 2022 PROPERTY POSITION ~2,500 ACRES ~14,000 ACRES ~42,600 ACRES miles 1 2 miles 1 2 miles 1 2 *Dakota Gold does not own all surface rights or mineral rights associate
Slide 7: Barrick Agreements
BARRICK AGREEMENTS NYSE American: DC MAITLAND PURCHASE AGREEMENT October 26, 2020 • $3.5 million cash, issued 750,000 shares and granted a 2.5% NSR in MAITLAND exchange for the 2,112 mineral-acre Maitland project to Barrick. • Initial Phase 1 drill program of 16-20 holes for 90,000 feet now underway
Slide 8: Long Section – Homestake Corridor
LONG SECTION – HOMESTAKE CORRIDOR NYSE American: DC MG 50’ @ 0.109 opt AU M27 50’ @ 0.122 opt AU 2022 DRILL TARGET HOMESTAKE MINE M28 75’ @ 0.211 opt AU M183 80’ @ 0.109 opt AU MA22C-001 16.4’ @ 0.195 opt AU Open Cut Approx. P6 P6 target areas Homestake iron formation projected using historic HMC dr
Slide 9: Historic Timeline of the Homestake District
HISTORIC TIMELINE OF THE HOMESTAKE DISTRICT And the Next Chapter NYSE American: DC Homestake Deposit Mine announces closure Barrick assumes Dakota Territory acquires JR Resources and DTRC Community integration discovered in 1876 & in <$300/oz Au price ownership of Homestake key properties and align
Slide 10: Homestake Mine Highlights
HOMESTAKE MINE HIGHLIGHTS NYSE American: DC IRON FORMATION ~40 MILLION EXPERIENCE World’s largest iron Ounces of gold Mining and formation-hosted gold deposit. produced. exploration workforce. Built upon 145 years of mining history. YEARS 5 MILLION OUNCES 125 YEARS EXPLORATION Tertiary-age Continuou
Slide 11: Homestake Corridor Property
HOMESTAKE CORRIDOR PROPERTY Revitalizing The Homestake District NYSE American: DC BLIND GOLD Significance MAITLAND MINE to Dakota Gold • Target defined by Homestake Mining Company’s Structural RICHMOND HILL HOMESTAKE FORMATION Corridor and City Creek Drill projected to the surface of the Programs in
Slide 12: Maitland Gold Property
MAITLAND GOLD PROPERTY NYSE American: DC Maitland Opportunity • 2,112 mineral-acre Maitland Gold Property contiguous to the historic Homestake Mine. • The property from Homestake Mining Company of California (Barrick Gold) in 2020. • Continuous iron formation host rock extending north from Homestake
Slide 13: Maitland Geological Model
MAITLAND GEOLOGICAL MODEL Isometric View of the Homestake Corridor NYSE American: DC Approx. Blind Gold Property target property Homestake Mine Open Cut 400 feet below surface Maitland boundary Maitland Mine area 40 million Oz Au produced Homestake Fm fold plunge 9 ledge plunge Blind Gold Homestake
Slide 14: Maitland Drill Hole MA22C-001 & MA22C-002
MAITLAND DRILL HOLE MA22C-001 & MA22C-002 With historical Homestake Mining Company drilling NYSE American: DC Cross-section View Looking Northwest 1,000 Feet dakotagoldcorp.com | 14 *See news release dated Jun 2, 2022 and Sept 8, 2022
Slide 15: Richmond Hill Property
RICHMOND HILL PROPERTY NYSE American: DC HOMESTAKE FORMATION • Increases Dakota Gold’s property package to 42,500 mineral acres, the largest property package in the Homestake District. • Three target types recognized on the RICHMOND HILL Richmond Hill Property: 1. Pre-Cambrian Iron Formation. 2. Ter
Slide 16: Historic Resources at Richmond Hill: Plan View
HISTORIC RESOURCES AT RICHMOND HILL Plan View NYSE American: DC Cole Creek MW3 East 2,000 Feet North Au Assay (oz/ton) Rocky Point No Assay/Sample Chism Gulch 0 to 0.005 0.005 to 0.010 MW3 Main 0.010 to 0.015 0.015 to 0.030 Twin Tunnels 0.030 to 0.050 Cleveland 0.050 to 0.100 0.100 to 0.150 Turnarou
Slide 17: Historic Resources at Richmond Hill: Cross Section
HISTORIC RESOURCES AT RICHMOND HILL Cross Section NYSE American: DC West East TT-86-26 110 ft of 0.198 oz/ton Au Assay (oz/ton) No Assay/Sample Cambrian Deadwood Fm 0 to 0.005 Proposed Hole 1 0.005 to 0.010 TT-89-40 430 ft of 0.024 oz/ton Iron formation & Tertiary 0.010 to 0.015 Breccia Target 0.015
Slide 18: Environmental, Social and Governance
ENVIRONMENTAL, SOCIAL AND GOVERNANCE NYSE American: DC REPURPOSING JOBS TRANSPARENCY “As a local South We purchased the We currently employ We build transparent Dakota company, historic Roundhouse over twenty people and relationships with operating within an building and electrical multiple local co
Slide 19: Management
CAPITAL STRUCTURE & SHAREHOLDERS Management and Advisors Own ~30%; Full Alignment with Shareholders NYSE American: DC Robert Quartermain Past Executive Chairman of Pretium Resources Inc. Jennifer Grafton Senior VP & Associate General Counsel of E2open Parent Holdings Inc. BOARD OF DIRECTORS Co-Chair
Slide 20: Capital Structure & Shareholders
CAPITAL STRUCTURE & SHAREHOLDERS Entering Next Era of Homestake District Gold Exploration NYSE American: DC Capital Structure (Sept 1, 2022) (in millions) SHAREHOLDERS Shares Outstanding 72.0 Stock Options 3.3 Robert Quartermain, 10.2% Jonathan Awde, 8.8% Restricted Share Units 0.3 Warrants Outstand
Slide 21: Project Pipeline
PROJECT PIPELINE NYSE American: DC dakotagoldcorp.com | 21 miles 1 2 dakotagoldcorp.com | 21
Slide 22: Company Outlook and Catalysts
COMPANY OUTLOOK AND CATALYSTS NYSE American: DC EXPLORATION ACTIVITY FOR 2022 MAITLAND BLIND GOLD • Drilling Program south and north of Maitland Mine to Blind Gold. • Develop plans for Phase II Recon Core Drilling Program. • Phase I core drilling program up-plunge of north drift discovery. • Commenc
Slide 23: Media and Investor Relations
MEDIA AND INVESTOR RELATIONS info@dakotagoldcorp.com Jonathan Awde C +1 604 761 5251 @dakotagoldcorp E jawde@dakotagoldcorp.com LEAD MAIN OFFICE linkedin.com/company/dakotagold/ 106 Glendale Drive, Suite A, Lead, South Dakota, 57754, USA dakotagoldcorp.com VANCOUVER COFFICE 1588 609 Granville Street