RH23C-059 returned an exceptionally high-grade intercept, 1.809 oz/ton Au over 7.3 feet (62.02 grams/tonne over 2.2 meters) within a larger interval of 0.711 oz/ton Au over 19.5 feet (24.38 grams/tonne over 5.9 meters). This intercept is outside the known historical resource boundary of the Richmond Hill Breccia Pipe and is the highest-grade intercept returned to date from
Highlights: Drill hole RH23C-059 intersected 1.809 oz/ton Au over 7.3 feet (62.02 grams/tonne over 2.2 meters) within a larger interval of 0.711 oz/ton Au over 19.5 feet (24.38 grams/tonne over 5.9 meters) in an area outside of known historic resource boundaries.
RH23C-059 was collared in oxidized and altered Precambrian greenstone basement rocks located on the shoulder of and in between the Richmond Hill Breccia Deposit and the Turnaround Breccia Target where these rocks were exposed to increased structural preparation and hydrothermal fluid flow caused by the emplacement of the two breccia bodies. Other similar relationships are seen elsewhere on the property and may hold similar high-grade opportunities for future exploration.
The Company has completed the validation/metallurgical drill program at Richmond Hill and has submitted all metallurgical samples for analysis with expected results in early
ExplorationUpdate
RH23C-059
RH23C-059 was drilled due west and was designed to validate historical resources below the historical Richmond Hill open pit mine. The drill intersected 1.809 oz/ton Au over 7.3 feet (62.02 grams/tonne over 2.2 meters) within a larger interval of 0.711 oz/ton Au over 19.5 feet (24.38 grams/tonne over 5.9 meters) within altered Precambrian greenstone at less than 100 feet below the surface outside of the reclaimed pit area. Almost all the mineralization in RH23C-059 occurs in the Precambrian wall rocks adjacent too but not within Richmond Hill Breccia. RH23C-059 intercepts also include 0.067 oz/ton Au over 76.4 feet (2.30 grams/tonne over 23.3 meters), 0.022 oz/ton Au over 27.6 feet (0.75 grams/tonne over 8.4 meters), and 0.051 oz/ton Au over 9.9 feet (1.75 grams/tonne over 3.0 meters).
RH23C-054
RH23C-054 was designed to validate historical resources below the historical
RH23C-056
RH23C-056 was designed to validate historical resources below the historical
RH23C-055
RH23C-055 was designed to test the northern end of the
RH23C-018
RH23C-018 was designed as an exploration drill hole east and south of the
RH23C-019
RH23C-019 was designed as an exploration drill hole to test the north end of the Turnaround Breccia. Pervasive but lower-grade mineralization was encountered throughout the hole like results from other holes in this area.
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Tel: +1 604-761-5251
Email: JAwde@dakotagoldcorp.com
The ranges of potential tonnage and grade (or quality) disclosed above in respect of the
Quality Assurance/Quality Control consists of regular insertion of certified reference materials, duplicate samples, and blanks into the sample stream. Check samples will be submitted to an umpire laboratory as the drill program progresses. Assay results are reviewed, and discrepancies are investigated prior to incorporation into the Company database. Samples are submitted to the ALS Geochemistry sample preparation facility in
Forward Looking Statements
This communication contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based on assumptions and expectations that may not be realized and are inherently subject to numerous risks and uncertainties, which could cause actual results to differ materially from these statements. These risks and uncertainties include, among others, the execution and timing of our planned exploration activities, our use and evaluation of historic data, our ability to achieve our strategic goals, the state of the economy and financial markets generally and the effect on our industry, and the market for our common stock. The foregoing list is not exhaustive. For additional information regarding factors that may cause actual results to differ materially from those indicated in our forward-looking statements, we refer you to the risk factors included in Item 1A of the Company's Annual Report on Form 10-KT for the nine-month transition period ended
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