Dakota Territory Resource CORP: management transactions · United States · SEC (Form 4)

About Dakota Territory Resource CORP

Dakota Territory Resource Corp. (ticker: DTRC) was a U.S.-based mineral exploration company focused almost entirely on gold exploration in the historic Homestake District of the Black Hills of South Dakota. The company was incorporated in Nevada on February 6, 2002, and for much of its corporate history operated as an early-stage exploration vehicle with no material operating revenues, building value through the acquisition, consolidation, and technical evaluation of mineral land positions. Its principal executive office was located in Lead, South Dakota, after the company acquired and renovated a building there in 2021 to serve as its headquarters. From a market perspective, DTRC was an OTCQB issuer prior to the broader corporate transaction process that culminated in its merger with Dakota Gold Corp. on March 31, 2022; as a result, it should be viewed as part of the U.S. small-cap mining universe linked to the NYSE/NASDAQ ecosystem rather than as a large, diversified public miner. For investors in France, Belgium, or Switzerland, the key takeaway is that DTRC represented a highly concentrated, single-district gold exploration story in the United States, not a multi-commodity or globally diversified resources group. The company’s business model centered on assembling and advancing a portfolio of mineral properties in South Dakota, including Blind Gold, City Creek, Tinton, West Corridor, Ragged Top, Poorman Anticline, Maitland, South Lead/Whistler Gulch, Barrick Option, Richmond Hill, and Cambrian Unconformity. These assets were positioned around the structural corridor associated with the legendary Homestake Mine, which gave DTRC a clear geological thesis and a recognizable competitive angle within U.S. gold exploration. Recent milestones before the merger included the October 2020 purchase of the Maitland Gold Property from a Barrick Gold subsidiary, multiple claim-staking and property-expansion moves across City Creek and West Corridor, and the February 2023 announcement of the Unionville Zone discovery on Maitland. The company consistently emphasized its district-scale land position, historical drill data, and local operating expertise as differentiators. At the same time, the investment profile remained typical of an exploration-stage issuer: no commercial production, no established mineral reserves or resources under modern reporting standards, and continuing reliance on external financing. In short, DTRC was a high-risk, high-upside U.S. gold exploration name whose strategic value came from land control, geology, and optionality in South Dakota’s Homestake District.