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DTRC - Dakota Territory Resource News Story

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Small Cap
Market Cap £103.3m
Enterprise Value £103.4m
Revenue £n/a
Position in Universe 4810th / 6852

Dakota Territory Resource Corp Announces Acquisition of Poorman Anticline Gold Property

Mon 30th November, 2020 2:15pm
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Lead, South Dakota, Nov. 30, 2020 (GLOBE NEWSWIRE) -- Dakota Territory
Resource Corp (OTCQB: DTRC) ("Dakota Territory" or the "Company"), is pleased
to announce that the Company has further increased its land holdings in the
Black Hills of South Dakota through the staking of 64 unpatented lode mining
claims covering approximately 1,092 acres located south and to the west of the
former Homestake Gold Mine.

The Poorman Anticline is the southwestern-most extension of the Homestake
iron-formation host in the district.  Gold mineralization was discovered
underground on the 2600 and 4100 foot levels in the far western extents of the
Homestake Mine in the 1950's and 60’s with little known historic follow-up
exploration in the Poorman Anticline closer to surface.  Dakota Territory’s
targeting in the Poorman Anticline is based on the presence of the Homestake
iron-formation host and projected intersections with important shear fabric
that is known to have conducted fluids necessary to the deposition of gold
mineralization in the northern extents of the structural corridor.   

About Dakota Territory Resource Corp

Dakota Territory is a Nevada Corporation with offices located at Lead, South
Dakota.  Dakota Territory maintains 100% ownership of eight gold properties
covering approximately 15,442 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, Maitland and Poorman Anticline
Properties.  Dakota Territory is uniquely positioned to leverage
Management’s extensive exploration and mining experience in the District
with Homestake Mining Company. For more information on Dakota Territory,
please visit the Company's website at http://DakotaTRC.com.

Investor Relations

Investor Relations Contact: For more information, please contact Dakota
Territory Resource Corp (605) 717-2540

Cautionary Note to U.S. Investors

The United States Securities and Exchange Commission ("SEC") limits disclosure
for U.S. reporting purposes to mineral deposits that a company can
economically and legally extract or produce. Our property currently does not
contain any known proven or probable ore reserves under SEC reporting
standards. Our reference above to the various formations and mineralization
believed to exist in our property as compared to historical results and
estimates from other property in the district is illustrative only for
comparative purposes and is no indication that similar results will be
obtained with respect to our property. U.S. investors are urged to consider
closely the disclosure in our latest reports filed with the SEC. You can
review and obtain copies of these filings at http://www.sec.gov/edgar.shtml.


GlobeNewswire, Inc. 2020
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