other material
confidence high
sentiment positive
materiality 0.70
Dakota Gold hits 16.4 ft of 0.195 oz/ton gold in first Maitland drill hole, new target type
Dakota Gold Corp.
- First hole MA22C-001 intersected 16.4 ft of 0.195 oz/ton gold and 1.290 oz/ton silver in Tertiary breccia.
- Confirmed Homestake Formation presence 2.5 miles north of the past-producing Homestake Mine.
- Three drill rigs now active in the district; second rig mobilized to eastern Maitland corridor.
- This is the first drilling at Maitland since 1994 and represents a previously overlooked target type.
- Anomalous Homestake-style gold mineralization encountered in four intervals, guiding future step-out holes.