Welcome to our dedicated page for Dakota Gold news (Ticker: DC), a resource for investors and traders seeking the latest updates and insights on Dakota Gold stock.
Dakota Gold Corp. (NYSE American: DC) generates frequent technical and corporate news as it advances gold exploration and development projects in the Homestake Gold Mining District near Lead, South Dakota. This news feed focuses on updates related to the Richmond Hill Oxide Heap Leach Gold Project and the Maitland Gold Project, which the company identifies as its flagship assets on private land in South Dakota.
Investors following Dakota Gold news can review detailed drill results from ongoing campaigns at Richmond Hill, including metallurgical, infill, expansion, and condemnation drilling. Company releases present assay tables with gold grades, intervals, and program designations, and often highlight high-grade intercepts in the northern and northeastern parts of the project area. These updates discuss how drilling informs the resource model, geo-metallurgical domains, and mine planning for a potential open-pit heap leach operation.
News items also cover progress on the metallurgical testing program that supports the Feasibility Study at Richmond Hill. Dakota Gold reports on column leach test results at different crush sizes, recovery ranges over defined leach periods, and characterization of heap leach amenability factors. The company explains how these results, together with historical test data, guide trade-off studies for processing design and heap leach configuration.
For the Maitland Gold Project, Dakota Gold news highlights drilling at the Unionville Zone, an extensive Tertiary epithermal gold system, and the JB Gold Zone, a high-grade underground discovery with Homestake-style banded iron formation. Updates describe infill and step-out drilling aimed at defining a maiden resource and evaluating long-term high-grade potential.
Beyond project-level news, Dakota Gold also issues releases and SEC filings about its S-K 1300 Initial Assessment with Cash Flow for Richmond Hill, Feasibility Study milestones, environmental baseline work, and capital markets activities such as at-the-market equity distribution agreements. This page aggregates those announcements so readers can track how technical, regulatory, and financing developments shape the company’s gold development strategy over time.
Dakota Gold Corp. (NYSE American: DC) has announced significant drilling results from the Unionville Zone at the Maitland Gold Project in South Dakota. The latest drill holes revealed substantial Tertiary epithermal gold mineralization, including intersections of 3.33 grams/tonne gold over 9.9 meters and 1.51 grams/tonne gold over 19.1 meters, alongside other notable findings. This follows previous high-grade discoveries in the same zone. The Unionville Zone shows potential for extensive mineralization over a strike length greater than 3,000 meters, which remains open in both directions. Dakota Gold is conducting three drilling programs, focusing on different styles of gold mineralization. The company aims to explore both shallow and deeper gold deposits within the same exploration holes, enhancing operational efficiency and potential yields.
Dakota Gold Corp. (NYSE American: DC) has successfully concluded the first tranche of a strategic investment from Orion Mine Finance, amounting to $6 million. Combined with an additional $7 million raised through the Company's at-the-market offering program, the total gross proceeds reached $13 million. The funds are expected to support Dakota Gold's ongoing projects and operational activities. This announcement follows a prior news release dated June 26, 2024, detailing these financial movements.
Dakota Gold Corp. (NYSE American: DC) announced a $6 million investment from Orion Mine Finance entities. This investment will increase Orion's stake in Dakota Gold to approximately 9.9%. The deal involves the purchase of 2,344,836 shares at $2.50 per share. An additional investment up to $8.8 million is possible, subject to market conditions. The equity investment will be registered under the Securities Act of 1933 and is expected to close around July 3, 2024. Additionally, a royalty agreement will be established, giving Orion a 1% net smelter returns royalty over certain Dakota Gold properties in exchange for $182,758.20.
Dakota Gold Corp. (NYSE American: DC) has announced significant high-grade gold mineralization at its Maitland Gold Project in South Dakota, targeting Homestake Mine-style deposits.
Key highlights include drill hole MA24C-050 with 9.46 grams/tonne (g/t) gold over 6.4 meters in the 36 Ledge. This marks a important intersection 66.1 meters north and 51.2 meters above a previous high-grade discovery.
Other significant drill results include MA23C-024A with 4.70 g/t gold over 6.7 meters and MA24C-049 showing 10.85 g/t gold over 1.5 meters.
Drilling has progressed from wider to tighter spacing to delineate mineralization, with ongoing exploration aiming to uncover deeper, potentially richer gold deposits akin to the historic Homestake Mine.
Four drill rigs are currently active, focusing on three main projects: JB Gold Zone, Unionville Zone, and Richmond Hill Gold Project.
Dakota Gold Corp. (NYSE American: DC) announced notable drill results from its Maitland Gold Project in South Dakota. The company intercepted 3.94 grams per tonne (g/t) gold over 9.3 meters from a step-out hole, indicating the presence of extensive Tertiary epithermal gold mineralization. Additional drill holes in the Unionville Zone reported higher-grade intercepts, including 4.08 g/t over 2.7 meters and 7.37 g/t over 1 meter. The Unionville Zone target extension could potentially extend over 3,000 meters. Dakota Gold's exploration efforts highlight substantial gold mineralization throughout various geological sequences, with potential for future economic development.
Dakota Gold announced the results of its annual shareholder meeting held on May 14, 2024. The meeting saw 66.65% of total shares represented. Key resolutions included the election of directors, with Gerald Aberle and Jonathan Awde receiving over 99% support. Shareholders also ratified Ernst & Young LLP as auditors for 2024 with 99.90% approval and approved the company's reincorporation from Nevada to Delaware with 98.85% support.
Dakota Gold Corp. announced a maiden resource of 1.33 M oz of Indicated and 1.13 M oz of Inferred Gold for the Richmond Hill Gold Project in South Dakota. The report includes drilling data from over 900 drill holes and was prepared by independent Qualified Persons under AKF Mining Services Inc. The resource is shallow, with high-grade potential and open for expansion in all directions. The company plans an updated assessment in mid-2025.
Summary not available.
Summary not available.
Summary not available.
FAQ
What is the current stock price of Dakota Gold (DC)?
What is the market cap of Dakota Gold (DC)?
