Dakota Gold Corp. · AMEX:DC
Dakota Gold — Investor Presentation (August 2024)
28 slides from Dakota Gold's investor presentation, Aug 15, 2024
Slide 1: Revitalizing The Homestake District Of South Dakota
Revitalizing The Homestake District Of South Dakota NYSE American: DC Investor Presentation | August 2024 dakotagoldcorp.com
Slide 2: Disclaimer
Disclaimer 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. When used in this presentation, the words “plan,” “target,” "a
Slide 3: The Homestake Advantage
C A N A D A The Homestake Advantage ND MT MN South Dakota Homestake District Spearfish Sturgis Rapid City Mt Rushmore WY IA Home Of The Leadership Team With +$29.0 Million NE +40m Oz Gold Homestake Experience Cash Producing Historic and Track Record Balance1 Homestake Mine Success Sturgis KS Deadw
Slide 4: Homestake District: New Opportunities
Richmond Hill Homestake District: New Opportunities Gold Project Legend - Homestake District and Key Projects • 2,749 mineral acres Dakota Gold Land Package Maitland Gold Project Homestake - ~40 M Oz Gold Historic Production Richmond Hill Gold Project • Private land Iron Formation Wharf –
Slide 5: Progress Made Since Commencing Drilling
Delivering Value Today • Additional Investment from Orion for ~9.9% ownership • Richmond Hill - Multi-Million Oz Gold Maiden Resource Progress Made Since Commencing Drilling announced Apr 30, 2024 • Planned $30 Million Exploration Program for 2024 • Unionville Zone Discovery at Maitland - Tertiary M
Slide 6: Long Section – Maitland Gold Project
Long Section – Maitland Gold Project Contiguous to the Historic Homestake Corridor Homestake Mine NW SE MAITLAND PROPERTY FORMER HOMESTAKE MINE Potential For New Mine Opportunities 40 Million Ounces Gold Produced Homestake Iron Formation Maitland is 3.4 miles north of Homestake Mine Open Cut Dakota
Slide 7: Maitland Gold Project
Maitland Gold Project “The opportunity we see at Maitland is unique in that we James Berry have the possibility Vice President Exploration to access two distinct types of mineralization.” Homestake Mine 19 Ledge at same scale and projected to surface. dakotagoldcorp.com NYSE-A: DC dakotagoldcorp.com
Slide 8: Maitland – JB Gold Zone West Ledge System Comparison
Maitland – JB Gold Zone West Ledge System Comparison North South Homestake Mine West Ledge Outline Drawn to Scale for Comparison to Dakota Gold Maitland Homestake Drill Intercepts Maitland Drilling Mineralized Intercept (not always True Current area of Maitland Thickness) Homestake hits are similar
Slide 9: Maitland – JB Gold Zone
Maitland “Based on my experience working in the Homestake Mine, at Maitland we have intersected higher grade mineralization – JB Gold Zone that is shallower than exploration results from the upper portion of the West Ledge system at Homestake, which ultimately produced more than 6 million ounces of
Slide 10: Maitland – JB Gold Zone: Three Distinct Ledges of High-Grade Gold
Maitland – JB Gold Zone Three Distinct Ledges of High-Grade Homestake Mine-Style Gold Approx. location of Level Plan Map at 3,400’ Level • The width, grade and stratigraphy of intercepts identified at Maitland are analogous to the gold mineralization found in the “West Ledge” system at the historic
Slide 11: 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 12: Maitland – JB Gold Zone Core Comparison To Historic Homestake Mine
Maitland – JB Gold Zone Dakota Gold Maitland Project - Homestake Formation – MA23C-017 Core Comparison To Historic Homestake Mine • Core photo of MA23C-017 (Dakota Gold) at 2,703 feet (823.9 meters) showing arsenopyrite, pyrite, and Homestake Mine – Homestake Formation – 7 Ledge Ore (1850L) pyrrhot
Slide 13: Maitland – Unionville Zone
Maitland – Unionville Zone Unionville Target Extension Strike length could extend to 10,000 ft (3,048 m) Open along strike both to the north and south of the discovery zone. • Tertiary-age, structurally controlled epithermal gold mineralization in Unionville Target repeating fault structures that cr
Slide 14: Maitland – Unionville Zone
Maitland – Unionville Zone • Modeled mineralization zone with drillhole pierce points and grade-thickness contours Long Section View Looking East dakotagoldcorp.com | NYSE-A: DC 14
Slide 15: Richmond Hill Gold Project - Delivering a Maiden Resource
Richmond Hill Gold Project - Delivering a Maitland ~2 km (1.2 miles) East-Southeast Maiden Resource • Drilling commenced March 2022 • Resource timeline – The multi-million- ounce maiden resource was outlined in less than 20 months from Dakota Gold’s first drill hole. • Maiden resource was derived fr
Slide 16: Richmond Hill - Conceptual Pit-Constrained Maiden Resource Estimate
Richmond Hill - Conceptual Pit-Constrained Maiden Resource Estimate at Variable Cutoff Grades REDOX CLASSIFICATION AU G/T TONNES OUNCES AU Announced April 30, 2024 Oxide Indicated 0.65 14,979,000 314,000 See S-K 1300 Initial Assessment Table 1.1 Notes: Mixed Indicated 0.74 22,849,000 547,000 • Miner
Slide 17: Richmond Hill - Potential Step-Out & Infill Areas
Richmond Hill - Carbonate Potential Step-Out & Infill Areas • Only partially tested three of the six known breccia pipes MW3 Chism Gulch Main • Mineralization is very shallow with portions of the resource exposed at Twin Tunnels surface. • The resource is constrained by lack of drilling not geology.
Slide 18: Richmond Hill - Upside Potential to Grow Resource
Richmond Hill - Upside Potential to Grow Resource Section 23 of the Initial Assessment identified several opportunities for generating additional resource: “We have been conservative in • Incorporating silver in the mineral resource estimate our methodology for the current resource, and we are confi
Slide 19: Exploration Pipeline - Map of Active West Corridor Exploration
0 ¼ ½ 1 Mile Exploration Pipeline - Richmond Hill Chism Map of Active West Corridor Exploration S-K 1300 Resource Cone Gulch Maitland Project Areas South Maitland Historic Drill Holes SE Richmond Hill Corridor SE Richmond Hill Homestake Option • 75’/.022 oz/t 245-320’ • 40’/.035 oz/st 370-410’ (Incl
Slide 20: Sustainability Highlights 2023
Sustainability Highlights 2023 “Dakota Gold is committed to sustainable development as a core value, as further SVP & Chief articulated in our new Administrative Officer Environmental Policy.” HEALTH AND SAFETY • Achieved 3 YEARS with ZERO Lost Time Incidents (2021 to 2023) • Voluntarily provided fu
Slide 21: Capital Structure & Shareholders
Capital Structure & Management and Advisors Shareholders Own ~25%; Full Alignment with Shareholders Capital Structure (Jun 30, 2024) (in millions) Orion Mine Finance, Robert Quartermain, Co-Chair, 8.1% Shares Outstanding 90.9 9.9% Stock Options 4.6 Jonathan Awde, President and CEO, 6.6% Restric
Slide 22: Directors and Management
Directors and Management Robert Quartermain Past Executive Chairman of Pretium Resources Inc. Inducted Jennifer Grafton Senior VP & Associate General Counsel of E2open Parent BOARD OF DIRECTORS Co-Chair, Director to Canadian Mining Hall of Fame in 2022. Director Holdings Inc. Stephen O’Rourke Former
Slide 23: 2024 Outlook
2024 Outlook 2024 Outlook Entering EraNext - Entering Of Homestake District Era of the Gold Exploration Homestake Gold District Maitland Outlook Maitland Gold Project – Continue ~$30 MillionDigitizing & Exploration ~$30 Million Integrating Exploration Historic Data • Drill Program from Maitland Min
Slide 24: Appendix
Appendix dakotagoldcorp.com | NYSE-A: DC 24
Slide 25: Homestake Mine Gold Grades
Homestake Mine Gold Grades 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. 7.95 g/t Au 1.4M
Slide 26: Homestake Mine Exploration
Homestake Mine Exploration 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 Ledge 1.9M oz Au 2,0
Slide 27: Richmond Hill – TD Zone Discovery
Richmond Hill – Plan View TD Zone Discovery • 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 dakotagold
Slide 28: NYSE American: DC
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 OFFICE 1588 609 Granville Street,