Black Hills Gold

black-hills-gold01 Today’s gold prices are a reflection of the costs associated with meeting the world’s demand for gold from increasingly lower grade deposits at the improbable extents of the planet. The trend of the industry to explore higher in the mountains, deeper into the jungle and into some of the most politically unstable regions of the world has undoubtedly increased the complexity of business risks, which cannot be simply managed by good operators. Industry publications today are well documenting technically successful programs that have run aground in environments of social unrest, uncertain tax and royalty structures and changing regulation. Good projects in difficult locals ultimately face difficulty attracting capital or partners necessary to continued project development and production.

Dakota Territory believes that opportunity is being created by today’s metal prices in much the same way that favorable prices and the application of modern technologies in the 1980′s generated a renaissance of exploration and mining activity in the historic districts of the United States by capitalizing on known mineral resources that had been previously uneconomic.

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black-hills-gold02The Black Hills of South Dakota has yielded approximately 44.6 million ounces of gold over 136-years of continuous mine production, with the gold output of the Black Hills concentrated in a 100 square mile area known as the Homestake District. Large districts are the physical evidence of extensive gold systems, often with the potential to repeat in proximity. Despite the evolution of technology over the past century, exploration for gold today is largely the same business it has always been, in that the search is most commonly restricted to the places where the metal has first been discovered at surface. Without a gold showing on surface, there generally has not been a concerted effort to search for gold under the cover of overlying strata, even in the districts where the evidence for hidden deposits supports the case for it.

Exploration for gold deposits under cover can be a difficult proposition requiring extraordinary technical expertise and the substantial investment of up-front capital to narrow the possibilities and focus the search. Dakota Territory Resource Corp. is uniquely positioned by the experience of its management to leverage Homestake Mining Company’s 70 million dollar investment in the Black Hills during the 1980′s and 1990′s, beginning and focused at the point where the previous work left off.

The Black Hills of South Dakota is a safe low cost jurisdiction known for its rich mining heritage and culture based on generations of mines and miners. South Dakotan’s understand mining and are proud of the historically significant role that gold has played in local, state and regional economies. Regulatory authorities have consistently demonstrated a willingness to work with responsible operators to permit well-planned compliant projects and South Dakota’s exploration and mining regulations are reasonable and comparable to other jurisdictions within the United States and the throughout the world.

Dakota Territory Resource Corp. understands the risks inherent to minerals exploration and believes that opportunity and value are created for its shareholders through both the technical merits of its projects and through the reduction of business risks associated with the location of its properties.