Dakota Territory Resource Corp Stocks List


Related Industries:
Related Stock Lists:

Dakota Territory Resource Corp Stocks Recent News

Date Stock Title
Related Industries:
Related Stock Lists:
Dakota Territory Resource Corp

Dakota Territory Resource Corp, a Reno, Nevada corporation, is a publicly traded gold development company owning land in the historic Homestake District of the northern Black Hills of South Dakota, an area that once produced the second largest amount of gold in U.S. history. Otherwise known as the Homestake Mine or the Homestake Deposit, the 100-square-mile area yielded approximately 44 million ounces of gold in its 136-year-history, placing it second in U.S. gold production only to the Carlin District of northeast Nevada, and ranking it the largest iron-formation-hosted gold deposit in the world.During the 1980s and 1990s, Richard Bachman, geologist and now president and director of Dakota Territory Resource Corp, managed a team for Homestake Mining Company that was successful in uncovering and expanding new significant gold mineralization areas. While the mining at the Homestake Mine halted in 2002 due to low gold prices and high mining expenses, from 2011-2014, Dakota Territory Resource Corp acquired crucial sample data as well as mineral acres, broadening its property position in the Homestake District in efforts to restart a gold revitalization there similar to what was done two to three decades earlier. In a venture to continue exploration and development of this precious metals site, today Dakota Territory Resource Corp attempts to breathe new life into this once-profitable gold mining area. They cite a commitment to exploration of gold with sustainable practices.The total mineral area Dakota Territory Resource Corp owns covers 3,057 acres, including: the Blind Gold, City Creek, and Homestake Paleoplacer Properties. Dakota Territory Resource Corp trades under the symbol DTRC:OTCQB.

Browse All Tags