Dakota Gold Step-Out Drilling Nearly Doubles the Strike Length of Modeled Homestake Mine-Style Gold Mineralization at Maitland

Core Insights - Dakota Gold Corp. has announced that step-out drilling at the Maitland Gold Project has nearly doubled the known strike length of gold mineralization, indicating significant potential for further exploration and resource expansion [2][4]. Group 1: Drilling Results - The 2024 Maitland drill program has identified four distinct ledges with high-grade gold intercepts, similar to those found in the historic Homestake Mine, which produced approximately 6 million ounces of gold [3][8]. - The program has generated 49 intercepts from 73 holes, with an average gold grade of 10.11 grams per tonne (g/t Au) over an average thickness of 3.8 meters [3][6]. - Notable intercepts include hole MA24C-058, which intersected 28.10 g/t Au over 0.8 meters, significantly extending the known mineralization [5][6]. Group 2: Future Exploration Plans - The mineralization at Maitland remains open for further expansion to the north, south, and at depth, suggesting ongoing exploration opportunities [4][9]. - Dakota Gold plans to refine its modeling of the ledges and analyze results to inform a follow-up drill program for 2025, targeting shallower intercepts [8][10]. Group 3: Project Context - The Maitland Gold Project is located near the historic Homestake Mine, which is recognized as the world's largest banded iron formation hosted gold deposit [8][9]. - Dakota Gold is also advancing the Richmond Hill Oxide Heap Leach Gold Project, which is expected to generate significant cash flow, further supporting the company's growth strategy [10][11].