Dakota Territory Resource Corp Increases Black Hills Property Position

Dakota Territory Resource Corp Increases Black Hills Property Position

Company Adds Gold Targets in Prolific District

Reno NV, Jan. 7, 2013 (GLOBE NEWSWIRE) -- Dakota Territory Resource
Corp(OTCQB: DTRC) ("Dakota Territory" or the "Company"), is pleased to
announce that it has substantially increased the Company's property holdings
through the acquisition of three groups of unpatented lode mining claims
covering approximately 853 acres in the Black Hills of South Dakota. The
property acquisition is located in the heart of a district that has produced
approximately 50 million ounces of gold over the past 135 years and is
situated to the west, south and southeast of the Company's Blind Gold
Property. With the addition of the new property, Dakota Territory has
increased the size of its land package in the Black Hills by approximately 50%
to nearly 2,466 acres in total.

In announcing the property acquisition, Richard Bachman, President and CEO of
Dakota Territory stated "We are very excited to have acquired properties that
we believe hold significant gold exploration potential. Much of this land was
explored by Homestake Mining Company during the 1970's, 80's and 90's, from
which we have knowledge to build on. This acquisition adds substantial depth
to the Company through the addition of several new gold targets".

The Company acquired the property from Black Hills Gold Exploration LLC on
December 31, 2012, for a purchase price of one million restricted common
shares of Dakota Territory valued at $0.15 per share, or $150,000.00. The
property is comprised of three blocks of claims in close proximity to the
Company's Blind Gold Property:

About West False Bottom Creek and Paradise Gulch Claims GroupComprised of
twenty-three unpatented lode mining claims, the West False Bottom Creek and
Paradise Gulch claims are located immediately to the south and west of the
Blind Gold Property. The property is overlain by rocks of the Mississippian
Paha Sapa Limestone and Cambrian Deadwood Formation that are intruded by
Tertiary-age Rhyolite, Quartz Trachyte, and Phonolite igneous rocks, all of
which are hosts for gold elsewhere in the district. Numerous historic
prospect pits, adits, and shafts have been excavated on the property
suggesting the occurrence gold mineralization at multiple locales. The
possibility exists for Homestake type gold mineralization under the cover
rocks on the property because the Homestake stratigraphic sequence (Ellison,
Homestake, and Poorman Formations) outcrops just south of property. 

About City Creek Claims Group The City Creek Claims Group consists of
twenty-one unpatented lode mining claims located one mile northeast of the
Homestake Open Cut and one mile northwest of City of Deadwood. The City Creek
property geology is dominated by rocks of the Homestake stratigraphic
sequence, mainly the Ellison, Homestake, and Poorman formations that outcrop
at the surface across the property. This stratigraphy has been mapped by USGS
geologists and was drilled by Homestake Mining Company in the 1970's and
1980's. Homestake's drilling intersected weak gold mineralization in
Homestake formation under the City Creek property in the classic quartz vein,
chlorite-arsenopyrite mineralization. The Homestake formation that outcrops
on the City Creek property is complexly folded and represents the extension of
Homestake formation northeast from Caledonia and Main Ledge ore bodies at the
Homestake Mine.

About Homestake Paleoplacer Claims GroupThe Homestake Paleoplacer property
consists of thirteen unpatented lode mining claims located one mile north of
the Homestake Open Cut. Tertiary-age rhyolite intrusive rocks dominate the
outcrop on the property, along with limited outcrops of Cambrian Deadwood
formation contained within the rhyolite intrusive. The rhyolite is in the
form of a sill/laccolith 50 to 500 feet thick that overlies the basal quartz
pebble conglomerate units of Deadwood formation, that in this area represent
the extension of gold bearing paleoplacers sourcing from the Homestake lode at
the Open Cut. More than 10 million ounces of gold are estimated to have been
eroded from the Homestake lode, principally from the Caledonia, Main Ledge,
and DeSmet ore bodies. Between 1875 and 1910, approximately 1.5 million
ounces of gold were produced from paleoplacer mines including the Minerva,
Deadbroke, Baltimore & Deadwood, Esmeralda, Hidden Treasure, Pinney, Omega,
Deadwood-Terra, Hawkeye-Pluma, Gentle Annie, and Monitor mines. Homestake
Mining Company drilled at least 23 drill holes in the area testing the basal
Deadwood conglomerate under the Homestake Paleoplacer property, which
discovered significant gold mineralization with gold geochemistry consistent
with the paleoplacer gold deposit model (low silver and low base metals) at a
distance approximately 1,800 feet north of the Deadbroke mine, the farthest
north known producing paleoplacer mine.

About Dakota Territory Resource Corp

Dakota Territory Resource Corp. is a Nevada Corporation with offices located
at Reno, Nevada. Dakota Territory is committed to creating shareholder value
through the acquisition and responsible exploration and development of high
caliber gold properties in the Black Hills of South Dakota.

In terms of total historic US gold production, the Black Hills ranks second
only to the Carlin District of northeast Nevada, with the gold production of
the Black Hills concentrated in a 100 square mile area known as the Homestake
District. Dakota Territory maintains 100% ownership of the 1,612 acre Blind
Gold Property located approximately 3 miles northwest and on structural trend
with the historic Homestake Gold Mine. Through its 125 year production
history, the Homestake Gold Mine produced approximately 40 million ounces of
gold and is the largest iron-formation-hosted gold deposit in the world.

In the 1980's and 1990's Homestake Mining Company undertook a 70 million
dollar exploration program managed by Richard Bachman, President and CEO of
Dakota Territory Resource Corp that was focused primarily on the search for a
repeat of the Homestake Mine. This program successfully discovered significant
new gold mineralization two miles northwest of the producing mine and
conclusively proved the continuous extension of the Homestake iron-formation
host to a distance of approximately 3 miles and under the Blind Gold Property.
Low gold prices forced the suspension of the Homestake effort in 1994 and no
further work was conducted prior to the closing of the Mine in 2002.

Dakota Territory Resource Corp. is uniquely positioned by the experience of
its management team to leverage the extensive exploration efforts of the past,
beginning at the point where the Homestake program ended in 1994. For more
information on Dakota Territory Resource Corp please visit the Company's
website at http://dakotaterritoryresource.com/.

Investor Relations

Investor Relations Contact: For more information, please contact Constellation
Asset Advisors, Inc. (415) 524-8500

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.

Safe Harbor Statement

This release contains forward-looking statements that are based upon current
expectations or beliefs, as well as a number of assumptions about future
events. Although we believe that the expectations reflected in the
forward-looking statements and the assumptions upon which they are based are
reasonable, we can give no assurance that such expectations and assumptions
will prove to have been correct. Forward-looking statements are generally
identifiable by the use of words like "may," "will," "should," "could,"
"expect," "anticipate," "estimate," "believe," "intend," or "project" or the
negative of these words or other variations on these words or comparable
terminology. The reader is cautioned not to put undue reliance on these
forward-looking statements, as these statements are subject to numerous
factors and uncertainties, including but not limited to: adverse economic
conditions, competition, adverse federal, state and local government
regulation, inadequate capital, inability to carry out research, development
and commercialization plans, loss or retirement of key executives and other
specific risks. To the extent that statements in this press release are not
strictly historical, including statements as to revenue projections, business
strategy, outlook, objectives, future milestones, plans, intentions, goals,
future financial conditions, events conditioned on stockholder or other
approval, or otherwise as to future events, such statements are
forward-looking, and are made pursuant to the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995. The forward-looking
statements contained in this release are subject to certain risks and
uncertainties that could cause actual results to differ materially from the
statements made. Readers are advised to review our filings with the Securities
and Exchange Commission that can be accessed over the Internet at the SEC's
website located at http://www.sec.gov.

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