Company Information

Dakota Territory Resource Corp is a Nevada Corporation headquartered in Lead, South Dakota. Dakota Territory 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.

company-info01Dakota Territory maintains ownership of seven gold properties covering approximately 14,350 acres in the heart of the Northern Black Hills of South Dakota, including the Blind Gold, City Creek, West Corridor, Homestake Paleoplacer, Ragged Top, Tinton and Maitland Properties.

In terms of total historic U.S. gold production, the Black Hills ranks second only to the Carlin District of northeast Nevada, with the gold production of the Black Hills concentrated in a 100 square mile area known as the Homestake District.

The Legendary Homestake Mine is just a small part of this District.

Through its 125-year production history, the Homestake Gold Mine produced approximately 40 million ounces of gold and was the largest iron-formation-hosted gold deposit in the world.

In the 1980’s and 1990’s Homestake Mining Company undertook a 70-million dollar exploration program (managed by current executive leadership and founders of Dakota Territory Resource Corp) which was focused primarily on the search for a repeat of the Homestake Mine.

The exploration program successfully discovered significant new gold mineralization two miles northwest of the producing mine and conclusively proved the continuous extension of the Homestake iron-formation host to a distance of approximately 4 miles northwest and under the Dakota Territory Resource Corp’s Blind Gold Property.

Low gold prices forced the suspension of the Homestake effort in 1994 and no further work was conducted prior to the closing of the Mine in 2002. Today, Dakota Territory is uniquely positioned through its management and technical teams to leverage the experience of past exploration endeavors in the Black Hills, building from the point where Homestake Mining Company left off in 1994.

 

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