Dakota Gold Corp. · AMEX:DC
Dakota Gold — Gold Forum Europe April 2024
28 slides from Dakota Gold's conference presentation, Apr 8, 2024
Slide 1: Revitalizing The Homestake District of South Dakota
Revitalizing The Homestake District of South Dakota dakotagoldcorp.com DAKOTA GOLD CORPORATE PRESENTATION April 8 - 10, 2024 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 – Jan 2022 • Merger and NYSE American listing – Spring 2022 • Four Drills Operating – 279,921 feet drilled as of Apr 1, 2024 • Private Land (~13k Acres) Secured for drilling – 60 days drill pe
Slide 4: Dakota Gold Project Areas
DAKOTA GOLD PROJECT AREAS Homestake District, South Dakota, USA NYSE American: DC Over ~48 Thousand Mineral Acres Incl ~13 Thousand on HOMESTAKE DISTRICT HIGHLIGHTS Private Land • World’s largest iron formation-hosted gold deposit • Rare earth elements potential • Under explored district dakotagoldc
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 +$25.5 MILLION BARRICK OPTION HOMESTAKE MINE LAND PACKAGE LEADERSHIP TEAM CASH BALANCE1 AGREEMENTS • +40M ounce gold producer • +48 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: 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 Maitland is 3.4 miles
Slide 8: Maitland Gold Project
MAITLAND GOLD PROJECT 2,112 Private Mineral Acres & Contiguous to the Historic Homestake Mine NYSE American: DC MAITLAND GOLD OPPORTUNITY • Two new gold discoveries next to the largest gold mine in the U.S. • JB Gold Zone Discovery - Homestake Mine-Style Formation - Three Ledges delineated - Proof o
Slide 9: Maitland – JB Gold Zone
MAITLAND – JB GOLD ZONE West Ledge System Comparison NYSE American: DC South North 7.2 m @ 8.81 g/t Dakota Gold Homestake Mine West Ledge 22.6 m @ 6.7 m @ 7.78 g/t Maitland Drilling Outline Drawn to Scale for 2.50 g/t Comparison to Maitland Homestake Drill Intercepts 9.5m @ 4.4 m @ 6.99 g/t 25.03 g/
Slide 10: Maitland – JB Gold Zone
MAITLAND – JB GOLD ZONE Three Distinct Ledges of High-Grade Homestake Mine-Style Gold NYSE American: DC 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” syste
Slide 11: Maitland – JB Gold Zone
MAITLAND – JB GOLD ZONE 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 Ledg
Slide 12: Maitland – JB Gold Zone
MAITLAND – JB GOLD ZONE Drill Hole MA23C-026 Cross Section View NYSE American: DC SOUTHWEST NORTHEAST MULTIPLE HIGH-GRADE HOMESTAKE- STYLE MINERALIZATION HITS • MA23C-026 Highest-Grade Intercept To Date at Maitland 4.871 oz/ton Au over 3.4 feet (167.0 grams/tonne over 1.0 meter) • 14 sample interval
Slide 13: Maitland – Unionville Zone
MAITLAND – UNIONVILLE ZONE Tertiary-age Epithermal Gold Mineralization NYSE American: DC UNIONVILLE EXTENSION Unionville Target Extension Strike length AND OTHER TERTIARY could extend to 10,000 ft TARGETS (3,048 m) Open along strike both to the north and south of the discovery zone. • The Unionville
Slide 14: Maitland - Unionville Zone
MAITLAND - UNIONVILLE ZONE Cross Section View Looking Northwest NYSE American: DC Drill Hole MA22C-009 intersected 119.7 ft. @ 0.104 oz/ton Au Drill Hole MA22C-007 intersected 23 ft. @ 0.210 oz/ton Au incl. 4.7 ft. @ 0.357 oz/ton Au dakotagoldcorp.com | 14
Slide 15: Richmond Hill Gold Project
RICHMOND HILL GOLD PROJECT 2,726 Private Mineral Acres NYSE American: DC RICHMOND HILL OPPORTUNITY • Four target types recognized • Tertiary mineralization (oxide and sulfide) • Pre-Cambrian Iron Formation • TD Zone Discovery – Rare Earth Elements • 6 known Breccia pipes (breccias are open at depth
Slide 16: 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 Preliminary • Higher grade structures have been encountered Resource including: Cone Outline o RH22C-013 - 0.175 oz/ton Gold
Slide 17: Richmond Hill Resource Preliminary Block Model
RICHMOND HILL RESOURCE PRELIMINARY BLOCK MODEL Plan View NYSE American: DC dakotagoldcorp.com | 17
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 77.6 ft (3.50 g/t over 23.7 m) below the historical drilling at Richmond Hill. • RH23C-016 had a length weighted average of 0.028 oz/ton Au (0.95 g/t) over the 1,007 ft (306.9
Slide 19: Richmond Hill Drill Hole RH23C-059
RICHMOND HILL DRILL HOLE RH23C-059 Cross Section View NYSE American: DC • Drill hole RH23C-059 intersected 0.575 oz/ton Au over 7.3 ft (19.73 g/t over 2.2 m) within a larger interval of 0.249 oz/ton Au over 19.5 ft (8.55 g/t over 5.9 m) • This intercept is outside the known historical resource bound
Slide 20: 2023 Sustainability Highlights
2023 SUSTAINABILITY HIGHLIGHTS Full report coming soon NYSE American: DC HEALTH AND SAFETY • Achieved 3 YEARS with ZERO Lost Time Incidents (2021 to 2023) • Voluntarily provided full Mine Safety & Health Administration training to our workforce • Employed 40 full-time & 2 part-time employees, 4 inte
Slide 21: Capital Structure & Shareholders
CAPITAL STRUCTURE & SHAREHOLDERS Management and Advisors Own ~25%; Full Alignment with Shareholders NYSE American: DC SHAREHOLDERS (Apr 3, 2024) CAPITAL STRUCTURE (in millions) (December 31, 2023) Robert Quartermain, 8.5% 2 Orion Mine Finance, 7.7% Shares Outstanding 86.7 - Co-Chairman Stock Options
Slide 22: 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 23: 2024 Outlook
DAKOTA GOLD DELIVERING VALUE Entering Next Era of Homestake District Gold Exploration NYSE American: DC 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 Mine and n
Slide 24: Appendix
APPENDIX
Slide 25: 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 26: 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 27: Richmond Hill - TD Zone Discovery
RICHMOND HILL - TD ZONE DISCOVERY Plan View NYSE American: DC TD ZONE RARE EARTH ELEMENTS • 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
Slide 28: 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