Dakota Gold Corp. · AMEX:DC

Dakota Gold — Global Metals and Mining Conference 2022

22 slides from Dakota Gold's conference presentation, May 15, 2022

  1. Slide 1: Revitalizing The Homestake District of South Dakota

    Revitalizing The Homestake District of South Dakota INVESTOR PRESENTATION Global Metals and Mining dakotagoldcorp.com Conference, Palm Desert, California NYSE American: DC MAY 15, 2022

  2. 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

  3. Slide 3: The Dakota Gold Homestake Advantage

    THE DAKOTA GOLD HOMESTAKE ADVANTAGE NYSE American: DC HOME OF THE LARGE PROSPECTIVE EXPERIENCED +$50 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

  4. Slide 4: Management

    CAPITAL STRUCTURE & SHAREHOLDERS Management and Advisors Own ~30%; Full Alignment with Shareholders NYSE American: DC BOARD OF DIRECTORS Robert Quartermain Past Executive Chairman of Pretium Resources Inc. Jennifer Grafton Senior VP & Associate General Counsel of E2open Parent Holdings Inc. Co-Chair

  5. Slide 5: Capital Structure & Shareholders

    CAPITAL STRUCTURE & SHAREHOLDERS Entering Next Era of Homestake District Gold Exploration NYSE American: DC Capital Structure (May 15, 2022) (in millions) SHAREHOLDERS Shares Outstanding 71.1 Stock Options 3.3 Restricted Share Units 1.2 Robert Quartermain, 10.3% Warrants Outstanding 7.6 Fully Dilute

  6. Slide 6: 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

  7. Slide 7: Dakota Gold Project Areas

    DAKOTA GOLD PROJECT AREAS Homestake District, South Dakota, USA NYSE American: DC DAKOTA GOLD PROJECT AREAS HOMESTAKE • Well-developed mine infrastructure • Exploration-friendly jurisdiction • Extending Homestake mineralization • World’s largest iron formation-hosted gold deposit DISTRICT • Househol

  8. Slide 8: 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

  9. 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

  10. 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. 5 MILLION OUNCES 125 YEARS EXPLORATION Tertiary-age Continuous gold

  11. Slide 11: 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 N miles 1 2 N miles 1 2 N *Dakota Gold does not own all surface rights or mineral rights ass

  12. Slide 12: 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

  13. Slide 13: 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 Open Cut Approx. Property boundary P6 P6 Approx. target areas Homestake iron formation projected using historic HMC drillin

  14. Slide 14: 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

  15. Slide 15: 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

  16. Slide 16: 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 40 million Oz Au produced Maitland Mine area Homestake Fm fold plunge 9 ledge plunge Blind Gold Homestake

  17. Slide 17: 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

  18. Slide 18: Historic Resources at Richmond Hill – Plan View

    HISTORIC RESOURCES AT RICHMOND HILL Plan View NYSE American: DC 591300 E Cole Creek MW3 East 2,000 Feet North 4916100 Au Assay (opt) Rocky Point No Assay/Sample Chism Gulch 0 to 0.005 MW3 Main 0.005 to 0.010 0.010 to 0.015 0.015 to 0.030 Twin Tunnels 0.030 to 0.050 Cleveland 0.050 to 0.100 4914900 0

  19. Slide 19: Historic Resources at Richmond Hill – Cross Section

    HISTORIC RESOURCES AT RICHMOND HILL Cross Section NYSE American: DC TT-86-26 110 ft of 0.198 opt Au Assay (opt) No Assay/Sample 0 to 0.005 Cd 0.005 to 0.010 TT-89-40 430 ft of 0.024 opt Proposed Hole 2 0.010 to 0.015 0.015 to 0.030 1500 m Elev 0.030 to 0.050 Tertiary Intrusive 0.050 to 0.100 0.100 t

  20. Slide 20: Project Pipeline

    PROJECT PIPELINE NYSE American: DC dakotagoldcorp.com | 20 miles 1 2 dakotagoldcorp.com | 20

  21. Slide 21: 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

  22. Slide 22: 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

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