Dakota Territory May 2015 Use of Proceeds Presentation
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Transcript of Dakota Territory May 2015 Use of Proceeds Presentation
Disclaimer
Forward Looking Statements Except for historical information contained herein, this presentation may contain forward-looking statements including but not limited to comments regarding predictions and projections. Forward-looking address future events and conditions and therefore involve inherit risks and uncertainties. Although Dakota Territory Resource Corp believes that such expectations are reasonable, there can be no assurance that such expectations will prove to be correct, and therefore actual results may differ materially from those currently anticipated in such statements. You are cautioned not to place undue reliance on any such forward looking statements, whether made in this presentation or in any question and answer period related to this presentation .
Cautionary Note to U.S. Investors The United States Securities and Exchange Commission (“SEC”) limits disclosure for U.S. reporting purposes to mineral deposits that a company can economically and legally extract or produce. Our property currently does not contain any known proven or probable ore reserves under SEC reporting standards. Our reference above to the various formations and mineralization believed to exist in our property as compared to historical results and estimates from other property in the district is illustrative only for comparative purposes and is no indication that similar results will be obtained with respect to our property. U.S. investors are urged to consider closely the disclosure in our latest reports filed with the SEC. You can review and obtain copies of these filings at ttp://www.sec.gov/edgar.shtml.
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Northern Black Hills of South Dakota
44 Million Ounces of Gold Produced
Homestake Deposit -Richest Two Square Miles On The Planet
135 Years Continuous Gold Mining
Safe Low Cost Jurisdiction
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3,057 Acre Homestake District Land Position
Blind Gold Property
Homestake Paleoplacer Property
City Creek Property
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Mission Statement
Dakota Territory Resource Corp is committed to creating shareholder value through the acquisition and responsible
exploration and development of high caliber gold properties in the Black Hills of South Dakota
American’s Greatest
Gold Mine
The Homestake Mine
Produced 40 Million Ounces Gold
High Grade, Free Milling Gold
World’s Largest Iron- Formation Hosted Gold Deposit
Foundation & Cornerstone of the Company
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Homestake’s Growth Strategy 1983 - 1994
$70MM Program Conceived and Managed by Richard Bachman ($150MM Today’s Dollars)
300,000 ft of Drilling In 2,500 Drill Holes
High Grade Gold Discoveries
Near Term Gold Production Potential
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Homestake Legacy
2001 - Homestake Acquired
2002 – 2009 Homestake Property Divestitures
2011 – Dakota Concept Revitalization
2012 –2,500 Acres of Core Property Assembled
2013 – Dakota Team Assembled
2014 – Paleoplacer Property Acquisition and Drill Permits
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Dakota Territory Team
44 Years Combined Mining and Exploration Experience in the Homestake District
115 Years Mining Leadership Experience
Dakota Management
Richard Bachman President and CEO Gerald Aberle Vice President and COO
Strategic Advisory Committee
William Lindqvist Former Homestake VP Exploration Dennis Goldstein Former Homestake VP & Counsel Michael Carroll Former Homestake VP & Treasurer
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Dakota Territory Opportunity
Early Stage Company Leveraging Results of Homestake’s $70MM Growth Strategy
Large - High Grade – Free Milling Deposit Potential
Safe Low Cost Jurisdiction
Attractive JV/Acquisition Potential
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Dakota Objectives
Primary Objective
New Homestake Gold Deposit
Secondary Objectives
Near Term Paleoplacer Production
Build On Strategic Land Position
3,057 Acre Homestake District Land Position
Blind Gold Property
Homestake Paleoplacer Property
City Creek Property
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Homestake District
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City Creek Property
Paleoplacer Property
Blind Gold Property
Golden Reward Mine
Goldcorp
Wharf Mine Goldcorp
Richmond Hill Mine
Barrick Gold
Homestake Mine Barrick Gold
Gilt Edge Mine
Homestake Deposit Blind Gold Target Template
10,000 ounces of gold per vertical foot
10 million ounces of gold in the first 1000 feet
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Blind Gold Property
• Property Lies Within the Structural Corridor
• Property Underlain by the Continuous Extension of Homestake Formation
• MA-2 Discovery Hole at Southwest Corner of the Property
• Cut 500 ft of Homestake Formation in Repeating Fold Structures
• Cut 5 Zones of Gold Mineralization
• 2 ½ Miles of Untested Strike Length On the Property
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Blind Gold Property
15,400 ft Drill Program
• Validate MA-2 Gold Discovery
• Discover New Homestake Gold Deposit
• Opportunistically Test Tertiary Targets
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• 10 Million Ounces Gold Eroded From the Homestake Lode
• Only 1.5 Million Ounces Gold Recovered By Historic Production
Paleoplacer Gold
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Paleoplacer Gold
• Past Producing Property Position
• Extensive Data/Information Base
• Near Surface
• High Grade, Free Milling Gold
• Low Cost/Low Risk Demonstration Project
• Near Term Production
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Paleoplacer Project
Program Objectives
• Preliminary 43-101 Technical Report
• Validate 1988 Homestake Discovery 1800 ft North of Deadbroke Mine
• Tie Drill Results to Historic Mine Assay Results
• 43-101 Resource Report
12,000 ft Drill Program
Dakota’s Deadbroke Mine
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Use Of Proceeds
$2,000,000 x 12 Month
Project Budget
Budget Scheduled Results
(x 000) Months Beginning
G&A Salaries and Wages $300 1 thru 12
Property Acquisition $264 1 thru 3 Month 1
Field Programs/Met Testing $30 1 thru 6 Month 3
Site Prep/Permitting/Land Costs $114 1 thru 4 Month 3
Drilling/Drill Support/Assay $1,165 2 thru 12 Month 3
Contingency $128 1 thru 12
Total Project $2,000
85% of Proceeds - Directly invested in land/ work programs
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