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Gold Exploration to Resume in Homestake District of South Dakota Adapted from Information Provided by Dakota Territory Resource Corp In terms of total historic U.S. gold production, the Black Hills of South Dakota ranks second only to the Carlin District of northeast Nevada. Pro- duction in the Black Hills is concentrated in a 100-square-mile area known as the Homestake District. Dakota Territory Resource Corp, a gold ex- ploration company with a portfolio of properties in the Black Hills, has as- sembled a strategic 3057-acre prop- erty in this most famous and prolific gold district, which has yielded more than 44 million ounces of gold over the past 137 years, including approximately 40 million ounces from the Homestake Gold Mine - the largest iron-formation-hosted gold deposit in the world. In the 1980s and 1990s, Homestake Mining Company undertook a $70 million exploration program conceived and managed by Richard Bachman, president and chief executive officer of Dakota Territory Resource Corp. The Homestake program discovered significant new gold mineralization beyond the confines of the producing mine, demonstrating repeatability and the potential for additional gold de- posits in the District. Low gold prices persisted through the 1990s, forcing the sus- pension of Homestake’s exploration activity in the Black Hills and eventual closing of the Homestake Mine in 2001. Following the mine closure, Homestake Mining Company was acquired by Barrick Gold Corporation for $2.3 billion and many of the important mineral properties in the District were divested. Over the past four years, Dakota Territory has acquired 100% ownership of the Blind Gold, City Creek, and Homestake Paleoplacer Properties, all of which are located in the heart of the District and were formerly owned and explored by Homestake Mining Company. Dakota Territory intends to leverage its unique mining and exploration experience in the District through its ability to begin pro- grams at the point where previous Homestake work was suspended. Over the past year, the company has continued building on the data sets Dakota Territory acquired for its properties, and the District. Over the past nine months, these data sets have been used for the first time in 3-D modeling, which was not possible in the 1980s and 1990s. The work is being conducted in conjunction with former Homestake researchers Dr. Michael Terry and Dr. James Fox through ongoing consulting agreements. In early spring, the company began making preparations for additional sam- pling programs to follow-up on the suc- cessful results from last year’s efforts. Dakota Territory is also looking forward to getting its first drill program underway as quickly as possible. “We believe that we are nearing, if not at the end of a difficult cycle. As gold prices stabilize, interest in exploration for high grade North American deposits located in proven gold districts [will return]. This is the ideal time for us to start drilling to first validate and then build on the previous work,” said Bachman. “Through this past year, we have continued to prepare our- selves to run efficient programs with the potential to generate substantial bang for the buck. We are optimistic about improv- ing gold markets and are more convinced than ever that Dakota Territory is in the right place at the right time with our projects.” Homestake Mine District in the early 1900s. Photo of Homestake Mine gold ore, courtesy of James St. John. Homestake Mine District in the present day. Courtesy of Dakota Territory Resource Corp. +9 &8 ,&6"4/23 *,'*&,% "4&2 &,, /.6&.4*/.", ".% &6&23& *2$5,"4*/. 2*,, *0& 15*0-&.4 +9 &8 ,&6"4/23 2& 3&% /2,%7*%& ! 2&8 2&8-$'"%%&. $/- ,&6"4/23 /"% 4&34 $&24*'*$"4&3 "6"*,"#,& * $ "% * $ ( # * $ "% * " # % ! ! $% " ! ! # " ' $ # )" ! )" "# ) % # ) ! "# & )"6& &,&6"4/23 /' ",, 3*:&3 490&3 ".% 7&*()43 ".% $". #5*,% 4/ ".9 30&$*", "00,*$"4*/.3 ) ' & # ) $ ( "# ) $" % % !# ) " ## & " % # ) $# ) ' # &7 3&% 15*0-&.4 6"*,"#,& 777 2&8-$'"%%&. $/- 46 JULY 2016 WorldWide Drilling Resource ®