Dakota Gold Corp. · AMEX:DC
Dakota Gold — Investor Presentation (March 2024)
30 slides from Dakota Gold's investor presentation, Mar 7, 2024
Slide 1: Revitalizing The Homestake District of South Dakota
Revitalizing The Homestake District of South Dakota DAKOTA GOLD CORPORATE PRESENTATION March 2024 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: 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 – 262,836 feet drilled as of Mar 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 +$32.3 MILLION BARRICK OPTION HOMESTAKE MINE LAND PACKAGE LEADERSHIP TEAM CASH BALANCE1 AGREEMENTS • +40M ounce gold producer • +48 thous
Slide 6: Dakota Gold's Property Map
DAKOTA GOLD’S PROPERTY MAP Key project areas NYSE American: DC BARRICK AGREEMENTS MAITLAND Blind Sturgis RICHMOND HILL Gold MAITLAND PURCHASE AGREEMENT October 23, 2020 City • Purchased 2,112 mineral acres Creek Deadwood Tinton SURFACE BARRICK OPTION AGREEMENT September 7, 2021 • Option to acquire 4
Slide 7: 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 8: 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 M27 50’ @ 0.122 opt AU
Slide 9: Maitland Gold Project
MAITLAND GOLD PROJECT 2,112 Private Mineral Acres & Contiguous to the Historic Homestake Mine NYSE American: DC MAITLAND GOLD OPPORTUNITY • Continuous iron formation host rock extending north from Homestake Mine • Exploration focus for Homestake Mining Company’s growth strategy in the 1990’s • Priva
Slide 10: Historical Homestake Mine Ledges
HISTORICAL HOMESTAKE MINE LEDGES 19 Ledge Projected Footprint with Dakota Gold Maitland Holes Plan view NYSE American: DC • Identified Homestake Mine-style gold mineralization at Maitland and discovered the JB Gold Zone • Tertiary epithermal gold mineralization is over 4,000 feet in strike length an
Slide 11: Historical Homestake Mine Ledges
HISTORICAL HOMESTAKE MINE LEDGES West Ledge Outline & Maitland Drilling Long Section View NYSE American: DC North South 74.3 ft @ 32.5 ft @ 0.073 opt 0.257 opt Dakota Gold 22.1 ft @ Maitland Drilling 31.3 ft @ Homestake West Ledge Outline 0.227 opt 0.204 opt Mineralized Intercept 18.0 ft @ 37.5 ft @
Slide 12: Maitland Gold Project
MAITLAND GOLD PROJECT 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 Ledge
Slide 13: Maitland Drill Hole – MA23C-026
MAITLAND DRILL HOLE – MA23C-026 Cross Section View NYSE American: DC SOUTHWEST NORTHEAST MULTIPLE HIGH-GRADE HOMESTAKE- STYLE MINERALIZATION HITS • Drill Hole includes 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 intervals i
Slide 14: Maitland Gold Project – Unionville Zone
MAITLAND GOLD PROJECT – UNIONVILLE ZONE Tertiary-age Epithermal Gold Mineralization NYSE American: DC • The Unionville Zone gold discovery contains Tertiary-age, Drill Hole MA22C-009 intersected 119.7 ft. @ 0.104 oz/ton Au structurally controlled epithermal gold mineralization in repeating fault str
Slide 15: Maitland Drill Holes – Unionville Zone Discovery
MAITLAND DRILL HOLES – UNIONVILLE ZONE DISCOVERY Cross Section View Looking Northwest NYSE American: DC • Tertiary-age epithermal gold mineralization crosscuts and overlies earlier Precambrian-age gold mineralization hosted in the Homestake Iron Formation. • Although commonly associated with Tertiar
Slide 16: Maitland Gold Project – Unionville Extension
MAITLAND GOLD PROJECT – UNIONVILLE EXTENSION Plan View Map NYSE American: DC UNIONVILLE EXTENSION AND OTHER TERTIARY TARGETS • On-trend indication of Tertiary-aged Select Rock Samples Gold (oz/ton) gold mineralization north of the 0.145 to 0.29 (5.0 to 9.9 g/t) 0.060 to 0.145 (2.1 to 5.0 g/t) Unionv
Slide 17: Richmond Hill Gold Project
RICHMOND HILL GOLD PROJECT 2,726 Private Mineral Acres NYSE American: DC RICHMOND HILL OPPORTUNITY • Four target types recognized • Pre-Cambrian Iron Formation • Tertiary mineralization (oxide and sulfide) • TD Zone Discovery – Rare Earth Elements • 6 known Breccia pipes (breccias are open at depth
Slide 18: 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 • Higher grade structures have been encountered including RH22C-013 - 0.175 oz/ton over 98.5 ft (5.98 g/t over 30 m) RH23C-0
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: 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 21: Richmond Hill Drill Hole RH23C-074
RICHMOND HILL DRILL HOLE RH23C-074 Cross Section View NYSE American: DC • RH23C-074 was an offset of RH23C-016, a drill hole announced on Sept 7, 2023, which had a length weighted average of 0.028 oz/ton Au over 1,007 ft (0.95 g/t over 306.9 m) in the MW3 Main Zone. • RH23C-074 confirmed higher grad
Slide 22: 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 23: 2022 Sustainability Report Highlights
2022 SUSTAINABILITY REPORT HIGHLIGHTS NYSE American: DC HEALTH AND SAFETY • Voluntarily provided full Mine Safety and Health Administration training to our workforce. • Nearly tripled workforce numbers in 2022. • 34 full-time employees, 5 part-time employees, 3 interns, 10 consultants, and 40 contra
Slide 24: Capital Structure & Shareholders
CAPITAL STRUCTURE & SHAREHOLDERS Management and Advisors Own ~25%; Full Alignment with Shareholders NYSE American: DC SHAREHOLDERS (March 6, 2024) CAPITAL STRUCTURE (in millions) (November 12, 2023) Robert Quartermain, 8.5% 2 Orion Mine Finance, 7.7% Shares Outstanding 86.7 - Co-Chairman Stock Optio
Slide 25: 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 26: 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 27: Appendix
APPENDIX
Slide 28: 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 29: 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 30: 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