Dakota Territory Resource Corp. engages in the acquisition and exploration of mineral properties within the Homestake Gold District of the Black Hills of South Dakota.
Properties
Gold Properties-Black Hills
The company maintains 100% ownership of eight mineral properties in the district, including 976 unpatented claims and a combination of surface leases and/or ownership covering a total of approximately 19,604 acres located in the Black Hills of South Dakota, including the Blind Gold, City C...
Dakota Territory Resource Corp. engages in the acquisition and exploration of mineral properties within the Homestake Gold District of the Black Hills of South Dakota.
Properties
Gold Properties-Black Hills
The company maintains 100% ownership of eight mineral properties in the district, including 976 unpatented claims and a combination of surface leases and/or ownership covering a total of approximately 19,604 acres located in the Black Hills of South Dakota, including the Blind Gold, City Creek, Tinton, West Corridor, Ragged Top, Poorman Anticline and Homestake Paleoplacer Properties, all of which are located in the heart of the Homestake District.
Blind Gold Property
The Blind Gold Property consists of 191 unpatented lode-mining claims and combination of surface and mineral title to property located near the Historic Maitland Gold Mine. In total, the Blind Gold Property covers approximately 3,387 acres in the western portion of Lawrence County, South Dakota.
In addition to the exploration potential for gold hosted in the Homestake iron-formation, the Blind Gold Property holds exploration potential for Tertiary-aged gold and silver replacement deposits typical of the District, with the mineralization hosted in the Cambrian Deadwood formation and to a lesser degree the Paha Sapa limestone. The Blind Gold Property is an exploration target for the on-trend continuation of Tertiary aged gold-silver replacement deposits in the preferred Deadwood formation host under the cover of the Paha Sapa limestone.
Homestake Paleoplacer Property
The Homestake Paleoplacer Property consists of a total of 365 mineral acres covering approximately 5,700 feet of the projected northward extension of the Homestake Paleoplacer Channel Trend in the western portion of Lawrence County, South Dakota. The company owns a 100% interest in the 14 unpatented claims.
City Creek Property
The City Creek Property consists of a group of 228 unpatented lode-mining claims and Fidelity, Cresson, Danube, Confidence, Perhaps, Combination No. 1, Combination No. 2 and Cuba patented lode claims, M.S. 1644, covering a total of approximately 4,328 acres in the western portion of Lawrence County, South Dakota. The City Creek Property is located one mile northeast of the Homestake Open Cut, one mile northwest of the City of Deadwood and is a target for Homestake iron-formation hosted gold mineralization.
Tinton Property
The Tinton Property consists of a group of 343 unpatented lode-mining claims covering approximately 5,858 acres in the western portion of Lawrence County, South Dakota. The company acquired the original block of 106 claims at Tinton in September 2019.
West Corridor Property
The West Corridor Property consists of 84 unpatented lode-mining claims and surface and mineral title to an additional 213 acres of patented land bring the total area covered to approximately 1,500 acres in the western portion of Lawrence County, South Dakota. The West Corridor property is located south of the mineral property Dakota Territory acquired from Deadbroke Mining Company in the Maitland Area in March of 2014, north of the producing Wharf Mine (Coeur Mining) and to the south and east of the former Richmond Hill Mine (Barrick Gold). The property is located on the western margin of the structural corridor that extends north of the Homestake Gold Mine. The property is a target for both Homestake Iron Formation hosted gold mineralization under the cover of younger sedimentary and igneous rocks that also host tertiary-aged replacement gold and silver mineralization in the area.
Ragged Top Property
The Ragged Top Property consists of 52 unpatented lode-mining claims, as well as a combination of surface and mineral title to an additional 25 patented mining claims covering approximately 307 acres that were secured through an option agreement dated March 9, 2021 with Donald Valentine of Steamboat Springs Colorado. The company staked the unpatented portion of the property in three groups of claims between June and December 2020.
Poorman Anticline Property
The Poorman Anticline Property consists of 64 contiguous unpatented lode-mining claims, covering a total of approximately 1,091 acres in the western portion of Lawrence County, South Dakota. The company’s targeting in the Poorman Anticline is based on the presence of the Homestake iron-formation host and projected intersections with major shear fabric that is known to have conducted fluids necessary to the deposition of gold mineralization in the northern extents of the structural corridor.
Maitland Property
The 2,112 mineral-acre Maitland Gold Property purchase was completed in October 2020. The property is proximal to the company’s Homestake Paleoplacer Property and is contiguous to the Blind Gold and West Corridor Properties, as well as property the company purchased from Deadbroke Mining Company near the historic Maitland Mine.
Strategy
The company’s strategy is to move projects from exploration to development and finally into production as results of exploration might dictate. Its business strategy is to focus on the search of a repeat of the Homestake Deposit in the iron-formation host that is distributed across the district, primarily under the cover of the younger igneous and sedimentary rocks that dominate the surface.
History
Dakota Territory Resource Corp. was founded in 2002. The company was incorporated in 2002.
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