Dakota Gold Corp. · AMEX:DC
Dakota Gold — Investor Presentation (December 2024)
29 slides from Dakota Gold's investor presentation, December 2024
Slide 1: Revitalizing the Homestake District of South Dakota
Revitalizing The Homestake District Of South Dakota NYSE American: DC Investor Presentation | December 2024 dakotagoldcorp.com
Slide 2: Disclaimer
Disclaimer Dakota Gold is a Forward-Looking Statements South Dakota-based, This presentation 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. When used in this presenta
Slide 3: Dakota Gold - a unique investment opportunity
Dakota Gold - a unique investment opportunity Robert Quartermain Co-Chair, President & CEO 1. Located in the historic Homestake Gold District that has Mining Experience: produced ~45 million ounces of gold since 1878 • Canadian Mining Hall of Fame, Inductee - 2022 2. Our Richmond Hill and Maitland p
Slide 4: Homestake District: New Opportunities
Homestake District: New Opportunities Legend - Homestake District and Key Projects Dakota Gold Land Package Richmond Hill – Private Land Richmond Hill resource cone Richmond Hill Homestake Iron Formation Maitland - Private Land Maitland Gold Project Gold Project • Private Land • Private Land • 2,
Slide 5: Richmond Hill Gold Project – Developing One of the Next Gold Mines in the USA
Richmond Hill Gold Project – Developing One of the Maitland Next Gold Mines in the USA • Drilling commenced March 2022 Richmond Hill 5 km north of Wharf • S-K 1300 Maiden Resource 1.33 M oz of Indicated Gold at 0.80 g/t Au 1.13 M oz of Inferred Gold at 0.61 g/t Au • Maiden Resource was derived from
Slide 6: Coeur's Wharf Mine – Dakota Gold is developing Richmond Hill as a heap leach open pit similar to Wharf
Coeur’s Wharf Mine – Dakota Gold is developing Richmond Hill as a heap leach open pit similar to Wharf WHARF MINE PRODUCTION RESERVES & RESOURCES Year to Date as at Sep 30, 2024 as of Dec 31, 2023 Maitland Free Cash Flow $75.4 million Ounces Gold Grade Gold Production 76,066 ounces P&P Reserves 764,
Slide 7: Richmond Hill - Potential Step-Out & Infill Areas
Richmond Hill - Potential Step-Out & Infill Areas • Maiden Resource was derived from a historical database containing 69,401 gold assays from more than 900 drill holes, including 57 drill holes from Dakota Gold’s drill program • Shallow mineralization with portions outcropping. Resource is open in m
Slide 8: Richmond Hill - Permitting
Richmond Hill - Permitting Maitland • The Project Area is virtually 100% private land – since the Project is not located on Federal lands, State and Local governments are expected to be the primary permitting entities Richmond Hill 5 km north of Wharf • South Dakota Large Scale Mine Permit 445 - Muc
Slide 9: Richmond Hill - Timeline to Production
Richmond Hill - Timeline to Production 2024 2025 2026 2027 2028 2029 2030 S-K 1300 resource update IA with Cash Flow Feasibility Study (FS) Baseline Data Collection Permitting Engineering & EPCM Construction Production dakotagoldcorp.com | NYSE-A: DC 9
Slide 10: Richmond Hill - Heap Leach Open Pit Proposed Mine Site Plan
Richmond Hill- Claim Boundary Heap Leach Open Pit Proposed Mine Site Plan Leach Pad / Internal PLS Pond In-Pit Dump In-Pit Dump Crusher & ADR Plant Water Treatment Plant Leach Pad / Internal PLS Pond In-Pit Dump Admin & Maintenance Shop N Existing 600 Meters Access Road dakotagoldcorp.com | NYSE-A:
Slide 11: Orion Mine Finance - Financing Support
Orion Mine Finance - On October 20, 2023, Orion Mine Financing Support Finance became Dakota Gold’s largest shareholder and agreed to provide a non-binding proposal for up to $300 million of financing support to the “I had the privilege to work Company for the purposes of financing with Orion in arr
Slide 12: Richmond Hill - Ready to become one of the next independent US gold mines
Richmond Hill - Ready to become one of the next independent US gold mines, in a market with limited assets 2024E 100 kozpa as EV (US$M) EV Prod’n % of per Independent Gold Projects Company (US$M) (AuEq koz) production 100kozpa Being Advanced in America Alamos Gold $8,000 560 18% $1,429 (Estimated pr
Slide 13: The Historic Homestake District
The Historic Homestake District Robert Quartermain Gold was discovered on the “Homestake Mining Claim” in Co-Chair, President & CEO 1878 leading to the discovery of one of the richest gold mines in the world. The mine operated for over 120 years producing an average of 300,000 ounces of gold a year
Slide 14: Maitland Gold Project – JB Gold Zone
Gold bearing Homestake Formation Maitland Gold Project (red to blue; shallow to deep) Gold Mineralization in Ledges – JB Gold Zone 34 Ledge 35 Ledge • In 2024, Dakota Gold completed 35 drill holes at Maitland including 14 daughter holes totaling 25,172 meters. Property boundary between Maitland and
Slide 15: Homestake Corridor - Long Section
Homestake Corridor - Long Section Gold bearing Homestake Formation (red to blue; shallow to deep) Mined out ore bodies (Precambrian Au) Projected to the surface Gold Mineralization in Ledges Iron formation by mine level DC Precambrian Au drill hole intercepts projected to the surface Projected to t
Slide 16: Opportunities at JB Gold Zone & Potential Size of the Prize
Opportunities at JB Gold Zone & Potential Size of the Prize NW SE JB Gold Zone - Approx. 47 Drill Holes from West Ledge System surface - Avg grade of 10.76 g/t Au and ~ - Approx. 6,000 Drill Holes underground width of 4.0 m - Avg grade of 11.63 g/t Au and JB Gold Zone West Ledges width of 6.1 m Int
Slide 17: Maitland Gold Project
Maitland Gold LEGEND Showing select intercepts at Maitland Project Homestake Mineralization 34 Ledge 35 Ledge 36 Ledge “The opportunity we see at 37 Ledge Maitland is unique in that we Homestake Intersections have the possibility to access two 10.76 g/t Au / 4.0 m average distinct types of mineraliz
Slide 18: Maitland – JB Gold Zone Analogous to West Ledge System
Maitland – JB Gold Zone Analogous to West Ledge System Homestake Mine - West Ledge System (17, 19, 21 Ledge) 2.74 g/t Gold Cut-off North South 2.5 m @ Total of ~6 million ounces of gold 5.25 g/t produced 6.4 m @ • Ledge 17 – 1.4 M oz 1.5 m @ 9.46 g/t • Ledge 19 – 1.4 M oz 8.24 g/t • Ledge 21 – 2.5 M
Slide 19: Homestake, Black Water & Musselwhite Plan Views
Homestake, Black Water & Musselwhite Plan Views* Note all three deposits are banded iron formation, however Homestake District + 40 Moz what distinguishes Homestake, is that it is by far the largest deposit. Furthermore, it benefits from being located in South Dakota, just a 15-minute drive from a c
Slide 20: Maitland – JB Gold Zone Hole MA23C-026
Maitland Multiple High-grade – JB Gold Zone Homestake-style Mineralization Hits Hole MA23C-026 SOUTHWEST NORTHEAST • Highest-Grade Intercept To Date at Maitland 4.871 oz/ton Au over 3.4 feet (167.0 g/t Au over 1.0 meter) • 14 sample intervals in Homestake Formation with visible gold between 2283.3
Slide 21: Maitland – Unionville Zone
Maitland – Unionville Zone • Exploration drill results to date show a near surface Tertiary epithermal gold system opportunity that could expedite development of Unionville Target A the deeper JB Gold Zone below. Extension Surface Rock Chip Samples • Unionville Target Extension Strike length could e
Slide 22: Maitland – Unionville Zone Long Section
Maitland – Unionville Zone Long Section MAITLAND – UNIONVILLE ZONE LONG SECTION VIEW LOOKING EAST A Untested Area Untested Area A’ • Modeled mineralization zone with drillhole pierce points A A’1500 m EL and grade-thickness contours Grade – Thickness Grams gold X meters 1000 m EL 3500 m N 5000 m N 4
Slide 23: Richmond Hill – REO Opportunity
Richmond Hill – Plan View REO Opportunity • High Levels of total REO up to 12.90% over 4.9 feet • Mineralization overlaps and coincides with the Richmond Hill gold resource area • REO concentrations >1% in a discreet area 1,000 ft. X 1,000 ft. X 1,000 ft. dakotagoldcorp.com NYSE-A:DC dakotagoldc
Slide 24: Dakota Gold is a Responsible Miner – Sustainability Highlights 2023
“Dakota Gold is committed to sustainable development Dakota Gold is a Responsible Miner as a core value, as further articulated in our – Sustainability Highlights 2023 Patrick Malone Environmental and Senior Vice President Community Relations Policies.” HEALTH AND SAFETY • Achieved 3 YEARS with ZERO
Slide 25: Dakota Gold Management Owns ~15%
Dakota Gold Management Owns ~15% Alignment with Note: Dakota Gold included in Russell 3000 and GDXJ NYSE American: DC Shareholders Indices (as of Jun 2022) Orion Mine Finance, 9.6% CAPITAL STRUCTURE Robert Quartermain, 7.9% (in millions) (Sep 30, 2024) - Co-Chair, Director, President and CEO Shares
Slide 26: Directors and Management
Directors and Management Robert Quartermain Past Executive Chairman of Pretium Resources Inc. and CEO Amy Koenig VP, Governance, Corporate Secretary & Deputy General Counsel BOARD OF DIRECTORS Co-Chair, Director, of Silver Standard. Inducted to Canadian Mining Hall of Fame Lead Independent for Black
Slide 27: Homestake District: Barrick Agreements
Homestake District: Barrick Agreements Richmond Hill Gold Project Option Legend - Homestake District and Key Projects • Option Agreement with Barrick to acquire 2,726 Dakota Gold Land Package Richmond Hill – Private Land Homestake - ~40 M Oz Gold Historic Production acres of surface and minera
Slide 28: 2024 Transformational Year Leading to the Next Era of the Homestake Gold District
2024 Transformational Year Leading to the Next Era of the Homestake Gold District 2024 SUCCESS: • Delivered a multi-million-ounce gold maiden resource for the Richmond Hill Heap Leach Open Pit Gold Project • Began baseline environmental studies for permitting Richmond Hill • Defined gold mineralized
Slide 29: Media and Investor Relations
MEDIA AND INVESTOR RELATIONS Robert Quartermain Co-Chair, Director, President and CEO O +1 778 655 9638 Stephen O’Rourke Co-Chair, Director and Managing Director info@dakotagoldcorp.com O +1 605 717 2540 Carling Gaze @dakotagoldcorp VP of Investor Relations and Corporate Communications O +1 605 679