Dakota Gold Corp. · AMEX:DC
Dakota Gold — Investor Presentation (September 2024)
32 slides from Dakota Gold's investor presentation, Sep 10, 2024
Slide 1: Revitalizing the Homestake District of South Dakota
Revitalizing The Homestake District Of South Dakota NYSE American: DC Investor Presentation | September 10-13, 2024 dakotagoldcorp.com
Slide 2: Disclaimer
Disclaimer Dakota Gold is a South Dakota-based, Forward-Looking Statements responsible gold 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 use
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 +$22.1 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
Maitland Homestake District: New Opportunities Gold Project Legend - Homestake District and Key Projects • 2,112 mineral acres Dakota Gold Land Package Maitland – Private Land Homestake - ~40 M Oz Gold Historic Production Richmond Hill - Private Land • Private Land Iron Formation Wharf – 4
Slide 5: Delivering Value in a Tier 1 Jurisdiction
Delivering Value in a Tier 1 Jurisdiction Maitland Gold Project • JB Gold Zone – Significant discovery of ledges where exploration drill results to date support that JB is analogous to 6 million ounce gold producing Homestake West Ledge System • Unionville Zone – Exploration drill results to date sh
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: The Homestake District, South Dakota - Home to the Historic Homestake Mine
The Homestake District, South Dakota - Home to the Historic Homestake Mine +40 Million Ounces of Western Hemisphere’s Over ~125 Years of Worlds Largest Iron- Gold Produced Largest and Deepest Single Continuous Production Formation Gold Deposit Gold Mine “Gold was Produced from a Series of Ledges. T
Slide 8: 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.” LEGEND Tertiary epithermal gold mineralization projected to surface Homestake Mine-Style gold mineralization 300
Slide 9: Maitland – JB Gold Zone Analogous to West Ledge System
Maitland – JB Gold Zone Analogous to West Ledge System JB Gold Zone Contains Features Analogous to 6 Million Ounce Gold Producing Homestake Mine West Ledge System Average Gold Average Type of Dimensions of Grade* Thickness Mineralization Mineralized Area JB Gold Zone 1000 Long x 200 Wide x (drilling
Slide 10: Maitland – JB Gold Zone Analogous to West Ledge System
Maitland – JB Gold Zone Core JB Gold Zone Analogous to West Ledge System Homestake Mine Core JB Gold Zone mineralization and characteristics are similar to the Homestake Mine West Ledge System Type of Mineralization: Homestake Mine-style Both systems have a steep Characteristics: plunge and are with
Slide 11: Maitland – JB Gold Zone Analogous to West Ledge System
Maitland – JB Gold Zone Analogous to West Ledge System JB Gold Zone – Oblique View West Ledge System – Oblique View Mineralized Solids Mined Stopes (2.4 g/t Au cut-off) Limited drilling completed from surface already indicates JB Gold Zone mineralized gold area has similar Dimensions to the West Led
Slide 12: Maitland – JB Gold Zone Analogous to West Ledge System
Maitland – JB Gold Zone Analogous to West Ledge System North South Dakota Gold Maitland Drilling Homestake Mine West Ledge System Current area of Maitland Outline Drawn to Scale for Comparison to Maitland Homestake Drill Intercepts Homestake hits are the same dimensions as West Ledge Mineralized Int
Slide 13: Maitland – JB Gold Zone Analogous to West Ledge System
Maitland – JB Gold Zone Analogous to West Ledge System West Ledge System – Plan View at the 4850 Level James Berry Vice President Exploration “The amount of mined material compared to the amount of Homestake formation is small in comparison. However, its important to note these mined ledge areas pro
Slide 14: Maitland – Unionville Zone
Maitland – Unionville Zone • Exploration drill results to date show a near surface Tertiary epithermal gold system Unionville Target A Extension opportunity that could expedite development Surface Rock Chip Samples of the deeper JB Gold Zone below. • Unionville Target Extension Strike length could e
Slide 15: Maitland – Unionville Zone Long Section
Maitland – Unionville Zone Long Section A Untested Area A A’ • Modeled mineralization zone with drillhole pierce points and grade-thickness contours A’ dakotagoldcorp.com | NYSE-A: DC 15
Slide 16: 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 17: 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 18: 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 19: 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 20: 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 21: Sustainability Highlights 2023
“Dakota Gold is Sustainability committed to sustainable development as a core Highlights 2023 value, as further articulated in our SVP & Chief Environmental and Administrative Officer Community Relations Policies.” HEALTH AND SAFETY • Achieved 3 YEARS with ZERO Lost Time Incidents (2021 to 2023) • V
Slide 22: 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, 6.1% Restric
Slide 23: 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 24: 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 25: Appendix
Appendix dakotagoldcorp.com | NYSE-A: DC 25
Slide 26: 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 27: Maitland – JB Gold Zone
Maitland – JB Gold Zone • Three distinct ledges discovered at Maitland in the JB Gold Zone • The width, grade and stratigraphy of intercepts identified are analogous to the gold mineralization found in the West Ledge System at the historic Homestake Mine • The West Ledge System produced 6 million ou
Slide 28: 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 29: 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 30: 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 31: 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 32: 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,