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 (NYSE American: DC) reported assay results from 32 infill and metallurgical drill holes in its 2025 Richmond Hill campaign dated October 16, 2025. The company is running two drills and plans ~27,500 m of drilling in 2025. Highlight intercepts include RH25C-241: 3.72 g/t Au over 20.5 m and metallurgical holes RH25C-209: 1.40 g/t Au over 73.5 m and RH25C-211: 1.55 g/t Au over 52.3 m. Results are concentrated in the northern Project area, support initial-year mine targeting, will supply metallurgical column-test samples, and are intended to inform the Feasibility Study and resource updates.
Dakota Gold (NYSE American: DC) has announced significant progress in its Richmond Hill Oxide Heap Leach Gold Project's 2025 drill campaign. The company reported impressive results from 16 metallurgical drill holes, with notable intercepts including 2.25 g/t Au over 33.4 meters in hole RH25C-200 and 1.44 g/t Au over 20.6 meters in RH25C-212, both exceeding the average resource grade of 0.463 g/t Au.
Dakota Gold has engaged Forte Dynamics to conduct comprehensive metallurgical testing for the project's Feasibility Study, expected for completion in early 2027. The testing program, scheduled for Q4 2025 - Q3 2026, will include ore characterization, column leach testing, comminution studies, and environmental assessments. The company currently has three drills operating at Richmond Hill and plans to complete 27,500 meters of drilling in 2025.
The northeast project area remains open for expansion, with additional assay results expected by year-end.Dakota Gold (NYSE American: DC) has provided an update on its 2025 Richmond Hill Oxide Heap Leach Gold Project drill campaign. The company is operating three drills and plans to complete 27,500 meters of drilling in 2025.
Key highlights include metallurgical drill hole RH25C-171 intercepting 1.50 g/t Au over 62.1 meters, significantly higher than the average resource grade of 0.463 g/t Au. The company has appointed Mike Eiselein as VP Project Development to oversee metallurgical testing, with results expected before year-end.
The Feasibility Study is expected to be completed in early 2027, with ongoing metallurgical testwork and drilling focused on resource expansion in the northeast Project area, where previous drilling intercepted 2.22 g/t Au over 50.0 meters.
Dakota Gold (NYSE American: DC) has released its S-K 1300 Initial Assessment Technical Report for the Richmond Hill Oxide Heap Leach Gold Project in South Dakota, revealing robust economics. At a base case gold price of $2,350/oz, the project demonstrates an after-tax NPV5% of $1.6 billion and IRR of 55% for the Measured & Indicated plan.
The project features 168.3 million tonnes at 0.566 g/t Au grade, producing 2.6 million ounces over a 17-year mine life. Initial capital requirement is $384 million, with All-in Sustaining Costs averaging $1,047 per ounce. The company targets production by 2029, with feasibility study completion planned for early 2027 and construction in 2028.
Dakota Gold (NYSE American: DC) has announced it will release the S-K 1300 Initial Assessment Technical Report with economic analysis for its Richmond Hill Oxide Heap Leach Gold Project in South Dakota on July 7, 2025 after market close.
The company will host a webcast conference call on July 8, 2025 at 11:00 AM ET to discuss the report findings. Investors can access the call via webcast or by dialing 1-844-763-8274 (USA/Canada) or +1-647-484-8814 (International).
Dakota Gold Corp. (NYSE American: DC) has released its 2024 Sustainability Report, highlighting the company's transition from exploration to development at the Richmond Hill Gold Project in South Dakota. The report details the company's ESG strategy, practices, risk management, and oversight.
Key achievements include four years without a lost time incident and zero reportable environmental incidents since drilling began in early 2022. The report aims to provide transparency to stakeholders, including shareholders, government representatives, and local communities regarding the company's operations in the Homestake District.
Dakota Gold Corp. (NYSE: DC) provided updates on its Richmond Hill Heap Leach Oxide Gold Project and Maitland Gold Project. For Richmond Hill, the company has initiated a 2025 drill campaign with two drills, planning to complete ~80,000 feet of drilling. An Initial Assessment with Cash Flow (IACF) is expected mid-2025, followed by a Feasibility Study in early 2027.
The company has $47 million in cash as of March 31, 2025, following recent financing. Richmond Hill is positioned as one of the largest undeveloped oxide gold resources in the US. At Maitland, work is underway to outline an initial inferred gold resource, with the JB Gold Zone showing average grades of 10.76 g/t Au over 4.0 meters and the Unionville Zone averaging 4 g/t Au over 6.4 meters.
Dakota Gold Corp. (NYSE American: DC) has successfully completed a $35 million underwritten common stock offering, bringing its total cash position to over $47 million before expenses. The company is now fully funded through the completion of the Feasibility Study for its Richmond Hill Oxide Heap Leach Gold Project.
Following this financing, Dakota Gold will suspend its at-the-market equity program. The company has outlined key milestones including: the Richmond Hill Initial Assessment with Cash Flow targeted for mid-2025, a full Feasibility Study expected by mid-2026, and potential production as early as 2029. Drilling operations at Richmond Hill will commence on April 1, 2025, focusing on infill drilling and collecting metallurgical samples.
Additionally, at the Maitland Gold Project, the company is initiating a review of drilling data to outline initial resources for both the JB Gold Zone and Unionville Zone, providing long-term high-grade potential in the Homestake District.