Dakota Gold (US:DC) Newsfileยท2024-06-20 10:30Core Insights - Dakota Gold Corp. has announced the discovery of high-grade Homestake Mine-style gold mineralization at the Maitland Gold Project, with drill hole MA24C-050 returning 9.46 grams/tonne (g/t) gold over 6.4 meters [1][14][15] - The company is actively drilling in the JB Gold Zone, which has shown multiple high-grade gold intercepts across three distinct ledges: 34 Ledge, 35 Ledge, and 36 Ledge [26] Drill Results - Drill hole MA24C-050 intersected 9.46 g/t gold over 6.4 meters, located 66.1 meters laterally north and 51.2 meters vertically above a previous hole (MA24C-038) that returned 25.03 g/t gold over 4.4 meters [15][16] - Other drill holes, including MA23C-021, MA23C-024, and MA24C-049, have also reported positive results with significant gold mineralization [3][26] Exploration Strategy - The company is transitioning its drilling strategy from wider spacing of approximately 250 meters to tighter spacing to better delineate mineralization within the identified ledges, which remain open along strike and to depth [27] - Dakota Gold is focused on new gold discoveries that build on the legacy of the Homestake District, which has a rich history of gold mining spanning 145 years [10][21] Company Overview - Dakota Gold Corp. is a responsible gold exploration and development company based in South Dakota, with properties covering over 48,000 acres surrounding the historic Homestake Mine [21] - The company is committed to advancing its exploration programs, including ongoing drilling at the Richmond Hill Gold Project to update resource estimates [9]