Dakota Gold Step-Out Drilling Nearly Doubles the Strike Length of Modeled Homestake Mine-Style Gold Mineralization at Maitland [Yahoo! Finance]
Dakota Gold Corp. (DC)
Company Research
Source: Yahoo! Finance
announce that step-out drilling north of the JB Gold Zone has nearly doubled the known strike-length of the Homestake iron-formation hosted gold mineralization at the Maitland Gold Project ("Maitland"). Dakota Gold's 2024 Maitland drill program has delineated four distinct ledges, each of which has yielded high-grade Homestake Mine-style gold intercepts analogous to the gold mineralization found in the "West Ledge" system that produced approximately 6 million ounces of gold at the historic Homestake Mine. To date, the Company's program at Maitland has generated 49 intercepts from 73 holes at an average grade of 10.11 grams per tonne gold (g/t Au) over an average thickness of 3.8 meters. While the modeling of the Maitland gold system had previously appeared to share a similar sized footprint with the West Ledge system of the Homestake Mine, this step-out drilling has substantially extended the mineralization northward, with the system still open to further expansion to the north, s
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Sec Filings
- 12/10/24 - Form 8-K
- 12/10/24 - Form 424B5
- 12/3/24 - Form 8-K
- DC's page on the SEC website