Dakota Gold Corp. reports developments tied to gold exploration and mine-development work in South Dakota's historic Homestake District. Company news centers on the Richmond Hill Oxide Heap Leach Gold Project, including drill assay results, gold and silver mineralization updates, resource-definition work, metallurgical sampling, and mine-planning activities.
Updates also cover operating and financial results, common stock offerings and other capital-structure matters, material agreements, shareholder voting matters, board composition, and governance changes as Dakota Gold advances mineral properties surrounding the historic Homestake Mine.
Dakota Gold (DC) selected a 0.5-inch crush size and one heap-leach facility for its Richmond Hill pre-feasibility study. Modeled ultimate gold recovery for oxide material averaged 80.4% at that crush size, compared with 75.9% at 1 inch. The updated resource will incorporate 333 drill holes completed in 2025 and 2026 and focus entirely on oxide material. It will exclude transition material, which represented roughly 18% of heap-leach material in the prior resource.
Final assays needed for the Richmond Hill resource update have been received. Dakota Gold expects to release the pre-feasibility study in the fourth quarter of 2026 and a feasibility study in mid-2027. At Maitland, initial results cover 791 meters of a planned 5,578-meter drilling campaign. After redirecting drill capacity to Richmond Hill, the company expects to resume Maitland drilling and complete the campaign in the first half of 2027.
Elemental Royalty (ELE) agreed to acquire from Orion a portfolio of five precious‑metal streams and royalties for US$290 million, comprising US$200 million in cash and US$90 million in shares, adding producing assets Ruby Hill, Kouroussa and La Negra plus development-stage Snowy River and Homestake District.
The assets are expected to be immediately accretive to NAV and materially accretive to revenue per share, increasing precious‑metals and North American exposure. Elemental raised its 2026 sales guidance to 19,500–22,000 GEOs and revenue guidance to US$89.8–US$101.1 million. The company will fund the deal partly through an upsized revolving credit facility, increasing committed capacity from US$150 million to US$250 million. Concurrently, Elemental plans to divest its Generation Business to Carlin East in exchange for a cornerstone equity stake, targeting a G&A reduction of over 25%, while COO and President Frederick Bell becomes CEO as David M. Cole departs to lead Carlin East.
Dakota Gold (DC) released its 2025 Sustainability Report, outlining its approach to health and safety, environmental stewardship, community engagement and corporate governance for projects in South Dakota’s Homestake District.
The report also updates stakeholders on 2025 performance, ongoing initiatives and the company’s approach to responsible development at the Richmond Hill and Maitland gold projects. The full report is available on Dakota Gold’s website.
Dakota Gold (DC) reported positive metallurgical results from its Pre-Feasibility Study test program for the Richmond Hill oxide heap leach gold project in South Dakota.
The program used 24 master-composite column tests across key lithologic, grade, and oxidation domains at 0.5-inch and 1-inch crush sizes, with leach times of 21 to 63 days. Twelve oxide column tests returned gold recoveries ranging from 92.0% to 57.3%, with an unweighted arithmetic mean of 74.2%; breccia-hosted oxide achieved 92.0% to 90.7%. Modeled ultimate oxide recoveries at 0.5 inch range from 90.3% to 70.0% with a mean of 80.4%, versus 87.2% to 69.1% and a 75.9% mean at 1 inch.
The company reports no evident issues with permeability, clays, or preg-robbing. A definition drill program of about 11,000 meters in 2026–2027 is underway to convert high-recovery breccia-hosted inferred oxide resources to reserves to support mine planning, with PFS completion targeted for Q4 2026 and an FS expected mid-2027.
Dakota Gold (NYSE American: DC) announced a leadership transition to support development of its Richmond Hill Gold Project. CEO Dr. Robert Quartermain will retire on August 18, 2026, after serving since November 2024, and will remain Co-Chair and Director. President and COO Jack Henris will become CEO upon Dr. Quartermain’s retirement.
According to Dakota Gold, the company has advanced Richmond Hill to pre-feasibility and secured funding for planned programs through 2028, reporting $107 million in cash in its March 2026 financial statements. Shawn Campbell will be appointed Chief Development Officer, focused on shareholder engagement and sourcing construction financing, while Amy Koenig continues as SVP, Chief Legal Officer and Corporate Secretary and will oversee permitting as Dakota Gold prepares to file a large-scale mine permit later in 2026. Dakota Gold is advancing Richmond Hill toward potential production as soon as 2029 and continues work at its Maitland Gold Project in South Dakota’s Homestake District.
Dakota Gold (NYSE American: DC) is advancing a large undeveloped gold resource in South Dakota’s historic Homestake District. Supported by a fully funded balance sheet and a defined pathway toward development, the company aims to help revitalize one of the most prolific gold-producing regions in U.S. history.
Dakota Gold (NYSE American: DC) completed its 2026 drill campaign at the Richmond Hill oxide heap leach gold project, totaling 17,273 meters across 112 holes. Highlights include high-grade intercepts up to 77.19 g/t Au, significant step-outs beyond the current resource, a Q4 2026 PFS, a secured electrical substation build slot, and a $107 million cash position.
Dakota Gold (NYSE American: DC) reported new 2026 drilling results from the Richmond Hill Oxide Heap Leach Gold Project.
Highlights include 5.24 g/t gold and 4.43 g/t silver over 13.5 m and 3.33 g/t gold over 20.9 m in northeast step-out holes up to 440 m beyond the current measured and indicated boundary. The 2025–2026 campaigns add about 30% more drill holes for a resource update and a Pre-Feasibility Study targeted for the second half of 2026.
Dakota Gold (NYSE American: DC) reported additional 2026 drilling results from the Richmond Hill Oxide Heap Leach Gold Project. Highlights include 1.49 g/t gold and 8.13 g/t silver over 38.1 meters in hole RH26C-387 and 1.35 g/t gold and 34.54 g/t silver over 28.2 meters in shallow hole RH26C-398.
The 2026 campaign totals 15,481 meters in 109 holes and will feed a Pre-Feasibility Study in H2 2026. Dakota Gold reports $107 million cash as of March 31, 2026, following a $75 million financing and over $10 million from warrant exercises, and expects to be funded through study stage to expected permit issuance.
Dakota Gold (NYSE American: DC) reported initial assays from its 2026 Richmond Hill drill campaign, highlighting infill hole RH26C-388: 1.42 g/t Au and 5.97 g/t Ag over 64.0 m, and RH26C-396: 2.37 g/t Au and 24.80 g/t Ag over 21.5 m. The Campaign totals 15,481 m across 109 holes; >75% complete. Results will feed a Pre-Feasibility Study (PFS) due in H2 2026 and represent up to ~30% new assay information versus the July 7, 2025 Initial Assessment with Cash Flow.