Dakota Gold : Precious Metals Summit Meetings

Revitalizing The Homestake District of South Dakota

dakotagoldcorp.com

DAKOTA GOLD CORPORATE PRESENTATION September 12 - 15, 2023

NYSE American: DC

DISCLAIMER

NYSE American: DC

Forward-Looking Statements

This communication contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including the statements regarding Dakota Gold Corp.'s ("Dakota Gold", or the "Company") option agreements with Barrick Gold Corporation ("Barrick") and the Company's future exploration plans. These forward-looking statements are based on assumptions and expectations that may not be realized and are inherently subject to numerous risks and uncertainties, which could cause actual results to differ materially from these statements. These risks and uncertainties include, among others, the Company's ability to exercise the options with Barrick, the timing of the exercise of the options, the consideration for the options, Barrick's ownership interest in the Company, the Company's ability to create jobs in South Dakota, the potential for gold mineralization in the properties subject to the option, the price of gold, synergies between the option properties and the Company's existing assets, the Company's use of disturbed land, the Company's use of historic data, the Company's exploration plans and the potential of its projects, the state of the economy and financial markets generally and the effect on our industry, and the market for our common stock. The foregoing list is not exhaustive. For additional information regarding factors that may cause actual results to differ materially from those indicated in our forward-looking statements, we refer you to the risk factors included in Item 1A of Dakota Gold's Annual Report on Form 10-KT for the nine-month transition period ended December 31, 2022, as amended, as updated by annual, quarterly and other reports and documents that we file with the SEC. We caution investors not to place undue reliance on the forward-looking statements contained in this communication. These statements speak only as of the date of this communication, and we undertake no obligation to update or revise these statements, whether as a result of new information, future events or otherwise, except as may be required by law.

All references to "$" in this presentation are to U.S. dollars unless otherwise stated.

dakotagoldcorp.com | 2

DAKOTA GOLD DELIVERING VALUE

NYSE American: DC

PROGRESS MADE SINCE COMMENCING DRILLING

• Drilling commenced - January 2022
• Merger of DTRC and JR Resources - March 2022
• NYSE American listing - April 2022
• GDXJ & Russell 3000 Index Inclusion - June 2022
• Four Drills Operating - 207,574 feet drilled as of Sept 7, 2023
• Private Land (~13k Acres) Secured for drilling - 60 days drill permitting
• Encountered Homestake Formation at depth, proof of concept
• JB Gold Zone Discovery at Maitland - Homestake Formation
• Unionville Zone Discovery at Maitland - Tertiary Mineralization
• Significant Mineralization encountered at Richmond Hill - validation drilling program complete for producing S-K 1300 resource in Q1 2024

dakotagoldcorp.com | 3

DAKOTA GOLD PROJECT AREAS

Homestake District, South Dakota, USA

NYSE American: DC

Over ~46 Thousand Mineral Acres

Incl ~13 Thousand on Private Land

HOMESTAKE DISTRICT HIGHLIGHTS

• World's largest iron formation-hosted gold deposit
• Under explored district
• Mining friendly jurisdiction

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THE DAKOTA GOLD HOMESTAKE ADVANTAGE

Largest property package in the area; key projects on private land

HOME OF THE	LARGE PROSPECTIVE	EXPERIENCED	+$20.8 MILLION
HOMESTAKE MINE	LAND PACKAGE	LEADERSHIP TEAM	CASH BALANCE*

• +40M ounce gold producer	•	+46 thousand acre	•	Local leadership	• Strong cash balance
•	World's largest iron		property position with ~13k
	acres on private land	•	Homestake Mine
	formation-hosted gold				experience
	deposit	•	Drilling several targets over
•	Over 126 years		next 12 months	•	Track record of finding
			district-scale projects
	of continuous mining	•	Four drills operating	•	Shareholder alignment -
•	Safe, low-cost jurisdiction	•	Potential to re-purpose
	25% management
			existing disturbed mineral		ownership
			property

NYSE American: DC

BARRICK OPTION

AGREEMENTS

• Exclusive access to 145 years of historical exploration data
• Including $70M exploration investment in 1980's & 90's

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* Cash as at June 30, 2023 was $15.44M + $5.37M disclosed as a subsequent event in the 10-Q as filed on August 10, 2023 and available on Edgar.