Dakota Gold Corp. (NYSE American: DC) has reported promising results from exploration drilling at the Maitland Gold Project in South Dakota. The drilling has extended the area of continuous Tertiary epithermal gold mineralization at the Unionville Zone, with drill holes testing various gold mineralization sections in the central portion of the zone. Significant highlights include drill hole MA24C-053 intersecting 2.85 grams/tonne gold (g/t Au) over 13.7 meters and 1.44 g/t Au over 23.0 meters, and drill hole MA24C-048 intersecting multiple sections of gold mineralization including 4.34 g/t Au over 7.0 meters.
Furthermore, the northernmost drill hole, MA24C-047, intersected deeper and higher-grade Tertiary epithermal mineralization more than 2 kilometers north of the main Unionville Zone discovery. The exploration indicates that Tertiary epithermal gold mineralization remains open in all directions at Maitland.
James Berry, Vice President Exploration of Dakota Gold, expressed optimism about the results, stating that the Tertiary epithermal system at Maitland shows potential for multiple structures across a broad area. The Company’s exploration programs aim to identify deeper Homestake Mine-Style gold mineralization targets while expecting to encounter additional high-grade Tertiary epithermal mineralization.
The Company currently has four drills at its properties in the Homestake District of South Dakota, with ongoing programs focused on Tertiary epithermal gold mineralization at the Unionville Zone, Homestake Mine-Style gold mineralization at the JB Gold Zone, and infill and step-out drilling at the Richmond Hill Gold Project.
Dakota Gold Corp. is dedicated to responsible gold exploration and development, emphasizing the revitalization of the Homestake District in South Dakota. With a focus on new gold discoveries, the Company aims to build on the rich history of the Homestake District and its gold mining legacy.
For more information, shareholders and investors can contact Jonathan Awde, President and Chief Executive Officer, or visit the Company’s website at www.dakotagoldcorp.com. James M. Berry, a Registered Member of SME and Vice President of Exploration of Dakota Gold Corp., is the qualified person for this news release.
The Company cautions that the potential tonnage and grade disclosed above are conceptual and subject to change as exploration activities progress. The forward-looking statements in this communication are based on assumptions and carry inherent risks and uncertainties that could impact actual results. Investors are advised to refer to the Company’s SEC filings for comprehensive risk factors. Dakota Gold Corp. does not guarantee the realization of its expectations and undertakes no obligation to update forward-looking statements.
