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Dakota Territory Resource Corp Substantially Increases Land Position

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Stockshound   Wednesday, 08/07/19 08:40:25 AM
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Dakota Territory Resource Corp Substantially Increases Land Position

Through this most recent staking, the City Creek project area has been expanded from approximately 449 acres to 1,167 acres.

Dakota Territory controls just over 4,000 acres of brownfields mineral property in one of America’s richest gold districts. The Company intends to continue to strategically expand its dominant land package in the district as industry interest grows for exploration property in safe, low cost jurisdictions in the United States with a history of large-scale gold production.

The Homestake Paleoplacer Channel
The Channel Extension (CE) drill program cut a total of 5,726 meters from 27 drill holes, including CE 12A and CE 16, both of which were collared and drilled on Mineral Survey 1706. Drill hole CE 16 intersected 3 meters of flat lying quartz-pebble conglomerate of the basal Deadwood Formation assaying 5.85 grams per ton gold at a depth 164 meters below the surface. Additionally, drill hole CE12A intersected 2 meters of Deadwood Formation assaying 8.46 grams per ton gold at a depth of 192 meters below the surface.



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