US Market News
2月前
Dakota Gold Intersects 1.42 g/t Gold and 5.97 g/t Silver over 64.0 Meters with Infill Drilling at Richmond HillApril 21, 2026 6:30 AM
NewsfileLead, South Dakota--(Newsfile Corp. - April 21, 2026) - Dakota Gold Corp. (NYSE American: DC) ("Dakota Gold" or the "Company") is pleased to report the initial assay results received from its 2026 Drill Campaign ("Campaign") at the Richmond Hill Oxide Heap Leach Gold Project ("Richmond Hill" or the "Project"). The Campaign includes 15,481 meters of drilling for 109 holes and consists of a combination of infill, expansion and geotechnical drilling. Gold and silver assay results from the 2025 and 2026 drill campaigns at Richmond Hill will be incorporated into a Pre-Feasibility Study ("PFS") being published in the second half of 2026. Highlights from this update include: Infill drill hole RH26C-388 intersected 1.42 grams per tonne gold (g/t Au) and 5.97 g/t silver (Ag) over 64 meters (91 gram meters Au) and RH26C-396 intersected 2.37 g/t Au and 24.80 g/t Ag over 21.5 meters (51 gram meters Au). Many higher-grade gold mineralization intersections have been encountered in the 2025 and 2026 drill campaigns that exceed the average grade of 0.566 g/t Au published in the July 7, 2025 Initial Assessment with Cash Flow ("IACF"). These above average-grade intersections have the potential to positively impact mine sequencing within the PFS and are being considered in the current trade-off studies.The initial assay results reported today are primarily from infill drilling in the northern portion of the Project designed to support reserve conversion planned for 2026. This drilling targets areas of previously defined near-surface mineralization where tighter drill spacing is expected to support conversion of inferred resources to the indicated resource category.Over 75% of the total planned drilling for this year's Richmond Hill Campaign has been completed to date with 11,982 meters in 80 drill holes. Drilling productivity and assay turnaround times remain on track, and the Campaign is expected to be completed in the third quarter of 2026.Jack Henris, President and COO of Dakota Gold said, "We are pleased with the progress of the Campaign which is now advancing northeast to follow-up on higher-grade gold drill intercepts, as well as to conduct further resource expansion in the area. Upon completion of this resource drilling, we plan to commence geotechnical drilling in early May. The PFS will incorporate new assay information from over 350 drill holes from the 2025 and ongoing 2026 drill campaigns. This drilling represents up to approximately 30% new assay information relative to the mineral resource estimate published in the IACF, and it is expected to provide input for optimizing mine planning and sequencing. As we move toward completion of the PFS, we will illustrate Richmond Hill to be a technically robust, de-risked oxide heap leach gold project with a clear pathway to production."Figure 1. Plan Map showing location of Dakota Gold Corp. Richmond Hill drill results reported today in Table 1. To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8218/293503_6d450fdd241a3b9b_002full.jpgTable 1. Richmond Hill Drill Results (Metric / Imperial)1,2,3,4,5, 6 Hole #From
(m)To
(m)Interval
(m)Grade Au
(g/t)g x m
AuGrade Ag
(g/t)g x m
AgFrom
(ft)To
(ft)Interval
(ft)Grade
Au (oz/ton)RH25R-00176.289.913.70.85124.0155250.0295.045.00.025
150.9157.06.10.5333.4921495.0515.020.00.016
202.7207.34.60.8147.3734665.0680.015.00.024RH25R-00256.473.216.80.99179.18154185.0240.055.00.029
80.896.015.22.964535.80546265.0315.050.00.086inc.88.489.91.516.152586.40132290.0295.05.00.471
111.3115.84.60.5024.5221365.0380.015.00.015RH26C-36364.880.115.30.921425.52391212.6262.850.20.027
90.2101.411.20.7383.5039296.0332.836.80.021
113.8117.73.91.4367.1428373.3386.012.70.042RH26C-36553.666.112.40.5979.45118176.0216.840.80.017RH26C-366108.9112.13.22.1373.9713357.2367.810.60.062RH26C-3677.823.515.60.781213.0920525.777.051.30.023RH26C-3682.011.09.01.741621.661956.436.029.60.051
16.925.88.90.6367.296555.484.629.20.018
29.145.916.90.61105.739795.4150.755.30.018RH26C-36912.215.23.00.5324.311340.050.010.00.016
83.095.112.10.69818.97230272.3312.039.70.020RH26C-37047.560.613.01.25164.1254156.0198.742.70.036
87.892.04.20.6023.5315288.1301.813.70.017RH26C-37146.271.425.20.812011.84299151.6234.382.70.024
91.499.17.60.8165.8945300.0325.025.00.024
105.2114.89.70.9095.5654345.0376.831.80.026RH26C-3720.08.28.20.5952.83230.027.027.00.017
117.8126.78.91.48138.1973386.5415.629.10.043
156.3163.77.41.2393.0423512.7537.024.30.036RH26C-37352.073.921.91.272816.92371170.5242.572.00.037
83.286.33.10.7323.5111272.9283.010.10.021RH26C-37410.218.98.70.9996.125333.662.028.40.029
23.830.56.70.7256.154178.2100.121.90.021
64.568.54.10.7334.3418211.5224.813.30.021
80.384.44.10.5723.3614263.6277.013.40.017
135.5151.111.10.65714.00155444.7495.636.40.019RH26C-37593.898.85.00.52315.1475307.7324.016.30.015
140.1145.15.00.5631.769459.7476.016.30.016RH26C-37670.797.727.01.072914.61394232.0320.688.60.031RH26C-377No Significant ResultsRH26C-37876.179.93.80.6833.0111249.7262.212.50.020RH26C-379107.9128.620.71.17246.63137354.0422.068.00.034
132.1135.93.90.72318.7372433.3446.012.70.021RH26C-380No Significant Results RH26C-382No Significant ResultsRH26C-38311.115.54.40.6535.802536.450.814.40.019
33.045.612.60.6992.8035108.2149.641.40.020
83.388.35.01.2167.3737273.4289.816.40.035
139.6142.93.31.81670.47232458.0468.810.80.053RH26C-38484.390.15.90.5334.4126276.5295.719.20.015
221.3229.17.80.76626.29206726.0751.725.70.022RH26C-385114.1124.19.90.56658.75582374.5407.032.50.016RH26C-386161.2165.13.90.6226.7626528.9541.612.70.018
168.5172.03.50.8137.8628552.8564.311.50.024
196.9200.73.80.54216.1961646.0658.412.40.016
214.9219.64.70.6937.5035705.0720.515.50.020
233.7242.99.30.99914.78137766.6797.030.40.029RH26C-3880.09.39.30.7676.15570.030.630.60.022
24.087.264.01.42915.9738278.6286.0207.40.041RH26C-39093.6100.67.00.62410.1271307.0330.023.00.018
103.9107.33.41.05428.1394341.0352.011.00.030
116.1120.74.60.6235.2224381.0396.015.00.018RH26C-3914.824.619.80.79166.6513215.880.865.00.023
45.152.97.80.5546.6552147.9173.625.70.016RH26C-392No Significant Results RH26C-39521.525.64.11.9283.561470.784.013.30.056
50.954.63.74.07151.897167.0179.012.00.119
125.0134.19.11.59159.8390410.0440.030.00.046RH26C-3963.67.33.70.99414.265311.924.012.10.029
10.817.66.81.21815.1910435.557.922.40.035
20.742.221.52.375124.8053368.0138.570.50.069inc.29.931.11.216.102039.304898.0102.04.00.470RH26C-39783.0103.020.11.15234.6693272.2338.065.80.034
127.6148.020.41.84386.69137418.7485.767.00.054
The table may contain rounding errors.Abbreviations in the table include ounces per ton ("oz/ton"); grams per tonne ("g/t"); feet ("ft"); meter ("m"); gram meters ("g x m").True thickness unknown.Intervals calculated based on 0.5 g/t Au cut-off and maximum dilution of 3.05 meters.The July 7, 2025 Initial Assessment with Cash Flow has an open pit designed with 12.2m (40 ft) benches. The average grade for the Measured and Indicated mine plan is 0.566 g/t Au (0.017 oz/ton). A gram meter of 7 and above has been highlighted in Table 1 based on the bench height and average grade. The following monitoring water well holes drilled outside of the resource area for permitting has confirmed no significant gold mineralization: BG-GW-01, BG-GW-12, CC-GW-08, CC-GW-10, CC-GW-12BThe following southeast infrastructure drill holes outside of the planned mining area has confirmed no significant gold mineralization: RH26C-362; RH26C-364
About Dakota Gold Corp.Dakota Gold is expanding the legacy of the 145-year-old Homestake Gold Mining District by advancing the Richmond Hill Oxide Heap Leach Gold Project to commercial production as soon as 2029, and outlining a Tertiary maiden resource as well as a high-grade underground gold resource at the Maitland Gold Project, both located on private land in South Dakota.Subscribe to Dakota Gold's e-mail list at www.dakotagoldcorp.com to receive the latest news and other Company updates.Shareholder and Investor InquiriesFor more information, please contact:Jack Henris
President and COO
Tel: +1 605-717-2540Shawn Campbell
Chief Financial Officer
Tel: +1 778-655-9638Carling Gaze
VP of Investor Relations and Corporate Communications
Tel: +1 605-679-7429
Email: info@dakotagoldcorp.comQualified Person and S-K 1300 DisclosureWilliam Gehlen, a Certified Professional Geologist (CPG-10626) with the AIPG , American Institute of Professional Geologists, a Senior Fellow with the SEG, and Senior Manager - Geology of Dakota Gold Corp., is the Company's designated qualified person (as defined in Subpart 1300 of Regulation S-K) for this news release and has reviewed and approved its scientific and technical content.Quality Assurance/Quality Control consists of regular insertion of certified reference materials, duplicate samples, and blanks into the sample stream. Samples are submitted to the ALS Geochemistry sample preparation facility in Winnipeg, Manitoba. Gold and multi-element analyses are performed at the ALS Geochemistry laboratory in Vancouver, British Columbia. ALS Minerals is an ISO/IEC 17025:2017 accredited lab. Check samples are submitted to Bureau Veritas, Vancouver B.C. as an umpire laboratory. Assay results are reviewed, and discrepancies are investigated prior to incorporation into the Company database.Forward-Looking StatementsThis 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. When used in this communication, the words "plan," "target," "anticipate," "believe," "estimate," "intend," "potential," "will" and "expect" and similar expressions are intended to identify such forward-looking statements. Any express or implied statements contained in this communication that are not statements of historical fact may be deemed to be forward-looking statements, including, without limitation: our expectations regarding additional drilling, metallurgy and modeling; our expectations for the improvement and growth of the mineral resources and potential for conversion of mineral resources into reserves; completion of a pre-feasibility study, a feasibility study, and/or permitting; and our overall expectation for the possibility of near-term production at the Richmond Hill project. 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 execution and timing of our planned exploration activities; our use and evaluation of historic data; our ability to achieve our strategic goals; 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 the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2025, as updated by annual, quarterly and current reports that we file with the SEC, which are available at www.sec.gov. 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. We do not give any assurance that we will achieve our expectations.All references to "$" in this communication are to U.S. dollars unless otherwise stated.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/293503
Original: Dakota Gold Intersects 1.42 g/t Gold and 5.97 g/t Silver over 64.0 Meters with Infill Drilling at Richmond Hill
US Market News
3月前
Dakota Gold intersects 3.14 g/t gold and 10.57 g/t silver over 13.4 meters in expansion drilling at Richmond HillMarch 17, 2026 6:30 AM
NewsfileLead, South Dakota--(Newsfile Corp. - March 17, 2026) - Dakota Gold Corp. (NYSE American: DC) ("Dakota Gold" or the "Company") is pleased to report the remaining infill and expansion drill results from the Richmond Hill Oxide Heap Leach Gold Project ("Richmond Hill" or the "Project") from the 2025 drill campaign. Richmond Hill hosts a large resource including 3.65 million ounces ("oz") of measured and indicated ("M&I") gold and 2.61 million oz of inferred gold, as well as 38.1 million oz of M&I silver and 22.8 million oz of inferred silver outlined in the S-K 1300 Initial Assessment published on February 6, 2025. Gold and silver assay results from the 2025 and 2026 drill campaigns at Richmond Hill will be incorporated into a Pre-Feasibility Study ("PFS") being published in the second half of 2026. This work will enable the Company to report reserves in 2026, further de-risking the Project as it advances along its path to expected production in 2029.Highlights from this update include:Expansion drill hole RH25C-359 intersected 3.14 grams per tonne gold (g/t Au) and 10.57 g/t silver (Ag) over 13.4 meters (42 gram meters Au), including 12.25 g/t Au and 20.10 g/t Ag over 1.5 meters (19 gram meters Au). RH25C-359 is a 260 meter (850 ft) north step-out from the current measured and indicated resource boundary. The mineralization in the northeast is only limited by drilling and remains open in all directions. The 2025 northeast expansion drill program covered an area of 300 meters (980 ft) north - south and 535 meters (1,750 ft) east - west. Water monitoring drill holes designed for permitting baseline data collection at Richmond Hill intersected gold and silver in the most northern and eastern extent of the property boundary tested to date. BG-GW-11 intersected 2.53 g/t Au and 1.91 g/t Ag over 6.1 meters (15 gram meters Au) and BG-GW-13 intersected 1.42 g/t Au and 1.90 g/t Ag over 9.1 meters (13 gram meters Au). BG-GW-11 is a 274 meter (900 ft) north step-out and BG-GW-13 is a 655 meter (2150 ft) north step-out from the current measured and indicated resource boundary. The drill holes illustrate the ubiquitous mineralization of the Project and the potential for expansion with further testing to be completed in 2026 (Figures 2 and 3).The highest grading gold interval from the 2025 drill campaign was previously reported expansion drill hole RH25C-310 located in the northeast Project area; intersecting 5.0 g/t Au and 28.64 g/t Ag over 24.9 meters (124 gram meters Au) including 60.82 g/t Au and 61.68 g/t Ag over 1.5 meters (89 gram meters Au). Many higher-grade gold mineralization intersections were encountered in the 2025 campaign that exceed the average grade of 0.566 g/t Au published in the July 7, 2025 Initial Assessment with Cash Flow ("IACF") measured and indicated mine plan.The 2026 Drill Campaign at Richmond Hill is underway and has completed 7,565 meters in 48 infill drill holes to date (Figure 4), representing one third of the total planned drilling for the year. The campaign includes 15,481 meters of drilling in 109 holes to follow up on the success from 2025 and consists of a combination of infill, expansion, geotechnical and mine plan drilling. The campaign is expected to be completed in the third quarter of this year.Jack Henris, President and COO of Dakota Gold said, "The final drill results from the 2025 drill campaign at Richmond Hill continue to illustrate the potential for expansion and higher-grade gold and silver opportunities for the Project, particularly in the north where we expect to begin the initial years of mining. The Company began its 2026 drill campaign in January and has added a third drill. We are pleased with how the program is progressing to date and we expect the infill portion of the campaign to be completed before the end of March. The infill drilling has been primarily focused in the northwest area of the Project to convert inferred resources to indicated in the upcoming PFS. We look forward to announcing the results as they are received throughout the year."2025 Drill Campaign Summary The 2025 drill campaign at Richmond Hill included 242 drill holes in 29,524 meters (96,865 ft) and was designed to collect data for a multitude of purposes to advance the Project towards completing a PFS. The campaign included infill, expansion, metallurgical, site infrastructure and water well testing. The testing informs our geological and geo-metallurgical modelling and will enable the Company to optimize the mine design for cash flow and operation efficiencies. With the higher-grade gold encountered in the 2025 drill campaign, the Company is undertaking trade-off studies in the PFS evaluating mine sequencing to bring forward high-grade gold areas. Using an average gold grade of 0.55 g/t Au, a base case gold price of $2,350 an ounce, and a processing rate of 30,000 tons per day, the IACF calculates an average annual gold production of 150,000 ounces Au and an initial CAPEX payback or Internal Rate of Revenue ("IRR") of 59% for the MI&I mine plan. The 2025 drill campaign returned many gold assays exceeding the average gold grade from the IACF including select highlighted intersections over 80 gram meters Au listed below. A complete table of the 2025 drill results including gold and silver assays is available to view here. Select higher-grade gold drill results from the 2025 Richmond Hill Drill Campaign RH25C-310 intersected 5 g/t Au and 28.64 g/t Ag over 24.9 meters (124 gram meters)
including 60.82 g/t Au and 61.68 g/t Ag over 1.5 meters (89 gram meters)RH25C-164 intersected 1.94 g/t Au and 34.88 g/t Ag over 60.0 meters (116 gram meters)RH25C-169 intersected 2.78 g/t Au and 42.07 g/t Ag over 39.3 meters (109 gram meters)RH25C-209 intersected 1.40 g/t Au and 34.82 g/t Ag over 73.5 meters (103 gram meters)RH25C-166 intersected 2.25 g/t Au and 27.91 g/t Ag over 44.3 meters (100 gram meters)RH25C-171 intersected 1.50 g/t Au and 24.08 g/t Ag over 62.1 meters (93 gram meters)RH25C-236 intersected 8.17 g/t Au and 11.02 g/t Ag over 11.3 meters (93 gram meters)RH25C-211 intersected 1.55 g/t Au and 16.83 g/t Ag over 52.3 meters (81 gram meters)RH25C-348 intersected 2.46 g/t Au and 19.16 g/t Ag over 32.7 meters (81 gram meters)RH25C-162 intersected 1.85 g/t Au and 25.39 g/t Ag over 43.4 meters (80 gram meters)Figure 1. Plan Map showing location of Dakota Gold Corp. Richmond Hill 2025 Drill Campaign drill results reported today in Table 1.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8218/288759_e56ce8bc343d9899_002full.jpgFigure 2. Plan Map showing S-K 1300 Initial Assessment measured and indicated blocks projected to the surface with 2025 drilling, with labeled holes reported today in Table 1, and location of cross-section in Figure 3.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8218/288759_e56ce8bc343d9899_003full.jpgFigure 3. Cross-section with S-K 1300 Initial Assessment measured and indicated blocks and measured and indicated resource cone, with projection of drillholes within 500 meter section, showing open mineralization to the north.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8218/288759_e56ce8bc343d9899_004full.jpgTable 1. Richmond Hill Drill Results (Metric / Imperial)1,2,3,4,5, 6 Hole #From
(m)To
(m)Interval
(m)Grade
Au (g/t)g x m
AuGrade
Ag (g/t)g x m
AgFrom
(ft)To
(ft)Interval
(ft)Grade Au
(oz/ton)RH25C-30688.191.93.81.43529.44112288.9301.412.50.042RH25C-33156.176.420.31.282630.55620184.0250.666.60.037RH25C-33891.999.57.60.6553.7028301.4326.324.90.019
117.7122.24.51.09538.96173386.2400.814.60.032RH25C-340140.8147.97.10.6853.4825461.8485.223.40.020RH25C-341112.2116.74.50.90422.87338368.1382.914.80.026RH25C-34231.539.27.70.7566.4749103.5128.625.10.022
80.893.312.50.6282.6533265.0306.041.00.018
103.9107.43.40.93317.1559341.0352.211.20.027RH25C-343105.1125.220.10.68144.6493344.8410.765.90.020RH25C-344No Significant ResultsRH25C-350109.8122.112.40.84103.7647360.1400.740.60.025RH25C-35494.5107.713.20.771017.54232309.9353.343.40.023
112.2119.87.60.58456.74432368.0393.025.00.017RH25C-35656.772.716.01.22203.7660186.0238.552.50.036RH25C-35984.989.14.20.4721.828278.7292.413.70.014
99.4112.813.43.144210.57142326.0370.044.00.092Inc.105.2106.71.512.251920.1031345.0350.05.00.357BG-GW-0913.730.516.80.841418.8131545.0100.055.00.025
35.138.13.01.02310.3932115.0125.010.00.030BG-GW-09A10.725.915.20.831328.8243935.085.050.00.024BG-GW-1027.442.715.22.604030.8147090.0140.050.00.076BG-GW-1138.145.77.60.63511.0984125.0150.025.00.018
54.961.06.12.53151.9112180.0200.020.00.074BG-GW-1327.430.53.00.6521.18490.0100.010.00.019
36.645.79.11.42131.9017120.0150.030.00.042
59.462.53.00.7621.154195.0205.010.00.022 The table may contain rounding errors.Abbreviations in the table include ounces per ton ("oz/ton"); grams per tonne ("g/t"); feet ("ft"); meter ("m"); gram meters ("g x m").True thickness unknown.Intervals calculated based on 0.5 g/t Au cut-off and maximum dilution of 3.05 meters.The July 7, 2025 Initial Assessment with Cash Flow has an open pit designed with 12.2m (40 ft) benches. The average grade for the Measured and Indicated mine plan is 0.566 g/t Au (0.017 oz/ton). A gram meter of 7 and above has been highlighted in Table 1 based on the bench height and average grade. The following monitoring water well holes drilled outside of the resource area for permitting has confirmed no significant gold mineralization: BG-GW-02, BG-GW-12, CC-GW-12, CC-GW-12A, CC-GW-13The following southeast expansion drill holes outside of the planned mining area has confirmed no significant gold mineralization: RH25C-345, RH25C-347, RH25C-349, RH25C-353, RH25C-355, RH25C-358, RH25C-361Figure 4. Plan Map showing location of Dakota Gold Corp. Richmond Hill 2026 Drill Campaign infill drill holes completed to date.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8218/288759_e56ce8bc343d9899_005full.jpgAbout Dakota Gold Corp.Dakota Gold is expanding the legacy of the 145-year-old Homestake Gold Mining District by advancing the Richmond Hill Oxide Heap Leach Gold Project to commercial production as soon as 2029, and outlining a Tertiary maiden resource as well as a high-grade underground gold resource at the Maitland Gold Project, both located on private land in South Dakota.Subscribe to Dakota Gold's e-mail list at www.dakotagoldcorp.com to receive the latest news and other Company updates.Shareholder and Investor InquiriesFor more information, please contact:Jack Henris
President and COO
Tel: +1 605-717-2540Shawn Campbell
Chief Financial Officer
Tel: +1 778-655-9638Carling Gaze
VP of Investor Relations and Corporate Communications
Tel: +1 605-679-7429
Email: info@dakotagoldcorp.comQualified Person and S-K 1300 DisclosureJames M. Berry, a Registered Member of SME and Vice President of Exploration of Dakota Gold Corp., is the Company's designated qualified person (as defined in Subpart 1300 of Regulation S-K) for this news release and has reviewed and approved its scientific and technical content.Quality Assurance/Quality Control consists of regular insertion of certified reference materials, duplicate samples, and blanks into the sample stream. Samples are submitted to the ALS Geochemistry sample preparation facility in Winnipeg, Manitoba. Gold and multi-element analyses are performed at the ALS Geochemistry laboratory in Vancouver, British Columbia. ALS Minerals is an ISO/IEC 17025:2017 accredited lab. Check samples are submitted to Bureau Veritas, Vancouver B.C. as an umpire laboratory. Assay results are reviewed, and discrepancies are investigated prior to incorporation into the Company database.Forward-Looking StatementsThis 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. When used in this communication, the words "plan," "target," "anticipate," "believe," "estimate," "intend," "potential," "will" and "expect" and similar expressions are intended to identify such forward-looking statements. Any express or implied statements contained in this communication that are not statements of historical fact may be deemed to be forward-looking statements, including, without limitation: our expectations regarding additional drilling, metallurgy and modeling; our expectations for the improvement and growth of the mineral resources and potential for conversion of mineral resources into reserves; completion of a pre-feasibility study, a feasibility study, and/or permitting; our expectations regarding free cash flow and future financing, and our overall expectation for the possibility of near-term production at the Richmond Hill project. 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 execution and timing of our planned exploration activities; our use and evaluation of historic data; our ability to achieve our strategic goals; 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 the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2024, as updated by annual, quarterly and current reports that we file with the SEC, which are available at www.sec.gov. 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. We do not give any assurance that we will achieve our expectations.All references to "$" in this communication are to U.S. dollars unless otherwise stated.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/288759
Original: Dakota Gold intersects 3.14 g/t gold and 10.57 g/t silver over 13.4 meters in expansion drilling at Richmond Hill
US Market News
3月前
Dakota Gold Announces Appointment of Brian G. Iverson to Board of DirectorsFebruary 27, 2026 6:30 AM
NewsfileLead, South Dakota--(Newsfile Corp. - February 27, 2026) - Dakota Gold Corp. (NYSE American: DC) ("Dakota Gold" or the "Company") is pleased to announce the appointment of Brian G. Iverson to its Board of Directors ("Board"), effective immediately. Mr. Iverson brings more than three decades of strategic leadership experience across legal, financial, regulatory, and corporate governance functions for South Dakotan companies. Mr. Iverson's local and professional experience compliment the Company's Board as Dakota Gold advances its exploration and development initiatives in South Dakota's historic Homestake District.Mr. Iverson currently serves as General Counsel and Senior Vice President Regulatory and Public Policy for TXNM Energy, a NYSE-listed utility holding company. In this role, he leads the Company's legal operations along with its regulatory, governmental, tribal, supply chain, and internal audit functions. His background also includes extensive board-level experience as an Independent Director at RESPEC, where he contributes to the Audit and Compensation Committees."We are very pleased to welcome Mr. Iverson to the Dakota Gold Board," said the Co-Chairs of Dakota Gold, Dr. Robert Quartermain and Dr. Stephen O'Rourke. "His deep expertise in corporate strategy, capital markets, legal oversight, regulatory affairs and the local political landscape in South Dakota will be valuable as we continue to build a company focused on responsible exploration, strong governance, and long-term value creation. Mr. Iverson's track record of disciplined leadership and stakeholder engagement aligns with our goals."Mr. Iverson previously held several executive roles at Black Hills Corporation (NYSE: BKH) based out of Rapid City, South Dakota during his 20-year tenure; including Senior Vice President and General Counsel; Senior Vice President, Regulatory and Government Affairs, and Vice President & Treasurer. Throughout his career, he has led major financing initiatives, regulatory strategies, risk management programs, and compliance frameworks that generated measurable operational and financial improvements."It is an honor to join Dakota Gold at such an exciting time in the Company's growth," said Mr. Iverson. "The team has established a strong foundation in revitalizing exploration in the Homestake District, and I look forward to contributing to the next phase of strategic development of its flagship Richmond Hill and Maitland Gold Projects."Mr. Iverson is a NACD Board Leadership Fellow and a Chartered Global Management Accountant. He also holds a Juris Doctor (Sterling Honor Graduate), MBA, and Bachelor of Science in Business Administration and Accounting, all from the University of South Dakota.About Dakota Gold Corp.Dakota Gold is expanding the legacy of the 145-year-old Homestake Gold Mining District by advancing the Richmond Hill Oxide Heap Leach Gold Project to commercial production as soon as 2029, and outlining a Tertiary maiden resource as well as a high-grade underground gold resource at the Maitland Gold Project, both located on private land in South Dakota.Subscribe to Dakota Gold's e-mail list at www.dakotagoldcorp.com to receive the latest news and other Company updates.Shareholder and Investor InquiriesFor more information, please contact:Jack Henris
President and COO
Tel: +1 605-717-2540Shawn Campbell
Chief Financial Officer
Tel: +1 778-655-9638Carling Gaze
VP of Investor Relations and Corporate Communications
Tel: +1 605-679-7429
Email: info@dakotagoldcorp.comTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/285604
Original: Dakota Gold Announces Appointment of Brian G. Iverson to Board of Directors
US Market News
4月前
Dakota Gold Announces Pricing of $75 Million Public OfferingFebruary 9, 2026 9:53 PM
NewsfileLead, South Dakota--(Newsfile Corp. - February 9, 2026) - Dakota Gold Corp. (NYSE American: DC) ("Dakota Gold" or the "Company") today announced the pricing of its previously announced public offering of 12,336,000 shares of its common stock, par value $0.001 (the "Common Stock") in the United States (the "Offering"). The Offering is expected to close on or about February 11, 2026 and is subject to the satisfaction of customary closing conditions. The gross proceeds to Dakota Gold from the Offering, before deducting expenses, will be approximately $75 million, or approximately $86.25 million if the Underwriters exercise the Option (as defined below) in full.The Company expects to use the net proceeds of the Offering for working capital and other general corporate purposes.The shares of Common Stock will be offered by the Company with BMO Capital Markets and Scotiabank acting as lead book-running managers and Canaccord Genuity, CIBC Capital Markets, Agentis Capital Markets (Financial Markets LP), H.C. Wainwright & Co., RBC Capital Markets and D. Boral Capital acting as co-managers (collectively, the “Underwriters”).Dakota Gold has also granted the Underwriters an option (the “Option”) to purchase up to an additional 1,850,400 shares of Common Stock representing up to 15% of the number of shares of Common Stock to be sold pursuant to the Offering. The Option is exercisable for a period of 30 days from the date of the Underwriting Agreement, dated February 9, 2026, between Dakota Gold and BMO Capital Markets and Scotiabank, as representatives of the several Underwriters.The Offering to the public in the United States is being made pursuant to the Company's effective shelf registration statement on Form S-3, including a base prospectus, previously filed with the Securities and Exchange Commission (the "SEC"). The Offering in the United States will be made only by means of a prospectus and related prospectus supplement meeting the requirements of Section 10 of the Securities Act of 1933, as amended. You may obtain these documents for free by visiting EDGAR on the SEC's website at www.sec.gov. Alternatively, copies of the preliminary prospectus supplement and the base prospectus may be obtained by contacting BMO Capital Markets Corp., Attn: Equity Syndicate Department, 151 W 42nd Street, New York, NY 10036, or by email at bmoprospectus@bmo.com or Scotia Capital Inc., 40 Temperance Street, 6th Floor, Toronto, Ontario, Canada M5H 1Y4, Attention: Equity Capital Markets, or by telephone at (212) 255-6854, or by email at us.ecm@scotiabank.com.This news release does not constitute an offer to sell or the solicitation of an offer to buy shares of Common Stock, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.About Dakota Gold Corp.Dakota Gold is a South Dakota-based responsible gold exploration and development company with a specific focus on revitalizing the Homestake District in Lead, South Dakota. Dakota Gold has high-caliber gold mineral properties covering over 49 thousand acres surrounding the historic Homestake Mine.For further information about Dakota Gold Corp., please contact: Jack Henris
President and COO
Tel: +1 605-717-2540Shawn Campbell
Chief Financial Officer
Tel: +1 778-655-9638Carling Gaze
VP of Investor Relations and Corporate Communications
Tel: +1 605-679-7429
Email: info@dakotagoldcorp.comCAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS OR INFORMATIONThis 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. Forward-looking statements include, but are not limited to, disclosure regarding the conduct of the Offering; the granting of the Underwriters' option to purchase additional shares; and the anticipated use of proceeds from the Offering. In certain cases, forward-looking statements can be identified by the use of words and phrases or variations of such words and phrases or statements such as "anticipate," "expect" "plan," "likely," "believe," "intend," "forecast," "project," "estimate," "potential," "could," "may," "will," "would" or "should." 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. 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 the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2024, as updated by annual, quarterly and current reports that we file with the SEC, which are available at www.sec.gov. 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. You should not take any statement regarding past trends or activities as a representation that the trends or activities will continue in the future. Accordingly, you should not put undue reliance on these statements.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/283360
Original: Dakota Gold Announces Pricing of $75 Million Public Offering
US Market News
4月前
Dakota Gold Announces Offering of Common StockFebruary 9, 2026 4:03 PM
NewsfileLead, South Dakota--(Newsfile Corp. - February 9, 2026) - Dakota Gold Corp. (NYSE American: DC) ("Dakota Gold" or the "Company") today announced the launch of a $75,000,000 public offering of its common stock, par value $0.001 (the "Common Stock"), in the United States ( the "Offering").The Company expects to use the net proceeds of the Offering for working capital and other general corporate purposes.The shares of Common Stock will be offered by the Company with a syndicate of underwriters, led by BMO Capital Markets and Scotiabank (collectively, the "Underwriters").Dakota Gold intends to grant the Underwriters an option, exercisable for a period of 30 days from the date hereof, to purchase up to an additional $11,250,000 of its Common Stock representing up to 15% of the shares of Common Stock to be sold pursuant to the Offering.The Offering to the public in the United States is being made pursuant to the Company's effective shelf registration statement on Form S-3, including a base prospectus, previously filed with the Securities and Exchange Commission (the "SEC"). The Offering in the United States will be made only by means of a prospectus and related prospectus supplement meeting the requirements of Section 10 of the Securities Act of 1933, as amended. You may obtain these documents for free by visiting EDGAR on the SEC's website at www.sec.gov. Alternatively, copies of the preliminary prospectus supplement and the base prospectus may be obtained by contacting BMO Capital Markets Corp., Attn: Equity Syndicate Department, 151 W 42nd Street, New York, NY 10036, or by email at bmoprospectus@bmo.com or Scotia Capital Inc., 40 Temperance Street, 6th Floor, Toronto, Ontario, Canada M5H 1Y4, Attention: Equity Capital Markets, or by telephone at (212) 255-6854, or by email at us.ecm@scotiabank.com.This news release does not constitute an offer to sell or the solicitation of an offer to buy shares of Common Stock, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.About Dakota Gold Corp.Dakota Gold is a South Dakota-based responsible gold exploration and development company with a specific focus on revitalizing the Homestake District in Lead, South Dakota. Dakota Gold has high-caliber gold mineral properties covering over 49 thousand acres surrounding the historic Homestake Mine.For further information about Dakota Gold Corp., please contact: Jack Henris
President and COO
Tel: +1 605-717-2540Shawn Campbell
Chief Financial Officer
Tel: +1 778-655-9638Carling Gaze
VP of Investor Relations and Corporate Communications
Tel: +1 605-679-7429
Email: info@dakotagoldcorp.comCAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS OR INFORMATIONThis 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. Forward-looking statements include, but are not limited to, disclosure regarding the conduct of the Offering; the granting of the Underwriters' option to purchase additional shares; and the anticipated use of proceeds from the Offering. In certain cases, forward-looking statements can be identified by the use of words and phrases or variations of such words and phrases or statements such as "anticipate," "expect" "plan," "likely," "believe," "intend," "forecast," "project," "estimate," "potential," "could," "may," "will," "would" or "should." 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. 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 the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2024, as updated by annual, quarterly and current reports that we file with the SEC, which are available at www.sec.gov. 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. You should not take any statement regarding past trends or activities as a representation that the trends or activities will continue in the future. Accordingly, you should not put undue reliance on these statements.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/283275
Original: Dakota Gold Announces Offering of Common Stock
US Market News
4月前
Dakota Gold Intersects 5 g/t Gold over 24.9 Meters at Richmond Hill and Provides Silver Assay UpdateFebruary 5, 2026 6:30 AM
NewsfileLead, South Dakota--(Newsfile Corp. - February 5, 2026) - Dakota Gold Corp. (NYSE American: DC) ("Dakota Gold" or the "Company") is pleased to report additional drill results from the Richmond Hill Oxide Heap Leach Gold Project ("Richmond Hill" or the "Project") and provide silver assay results received to date from the 2025 drill campaign. Richmond Hill hosts a large resource including 3.65 million ounces ("oz") of measured and indicated ("M&I") gold and 2.61 million oz of inferred gold, as well as 38.1 million oz of M&I silver and 22.8 million oz of inferred silver outlined in the S-K 1300 Initial Assessment published on February 6, 2025. Gold and silver assay results from the 2025 and 2026 drill campaigns at Richmond Hill will be incorporated into a Pre-Feasibility Study being published in the second half of 2026.Highlights from this update include:Expansion drill hole RH25C-310 intersected 5.00 grams per tonne gold (g/t Au) and 28.64 g/t silver (Ag) over 24.9 meters (124 gram meters Au), including 60.82 g/t Au and 61.68 g/t Ag over 1.5 meters (89 gram meters Au) and RH25C-348 intersected 2.46 g/t Au and 19.16 g/t Ag over 32.7 meters (81 gram meters Au). RH25C-310 is a 194 meter (635 feet) north step-out and RH25C-348 is a 87 meter (285 feet) northwest step-out from the current measured and indicated resource boundary. The mineralization in the northeast is only limited by drilling and remains open in all directions. The 2025 northeast expansion drill program covered an area of 300 meters (980 ft) north - south and 535 meters (1,750 ft) east - west. Infill drill hole RH25C-328 intersected 2.49 g/t Au and 16.63 g/t Ag over 26.9 meters (67 gram meters Au), including 18.60 g/t Au and 41.20 g/t Ag over 1.8 meters (34 gram meters Au). Many higher-grade gold mineralization intersections encountered in the 2025 campaign including infill hole RH25C-328 exceed the average grade of 0.566 g/t Au published in the July 7, 2025, Initial Assessment with Cash Flow ("IACF") measured and indicated mine plan.Richmond Hill's heap leach gold resource is complimented by a large silver resource. Many high-grade silver assay results are shown in Table 2 from the 2025 drill campaign including: RH25C-164 intersected 1.94 g/t Au and 34.88 g/t Ag over 60.0 meters RH25C-169 intersected 2.78 g/t Au and 42.07 g/t Ag over 39.3 meters RH25C-209 intersected 1.40 g/t Au and 34.82 g/t Ag over 73.5 meters RH25C-166 intersected 2.25 g/t Au and 27.91 g/t Ag over 44.3 meters RH25C-236 intersected 8.17 g/t Au and 11.02 g/t Ag over 11.3 meters RH25C-171 intersected 1.50 g/t Au and 24.08 g/t Ag over 62.1 metersRH25C-215 intersected 1.72 g/t Au and 34.75 g/t Ag over 42.7 metersJack Henris, President and COO of Dakota Gold said, "I am pleased with the results received to date from the 2025 drill campaign at Richmond Hill which included 242 drill holes. Assays from 37 drill holes are pending release including many from northeast expansion drilling, which will be reported as they are received in the next few weeks. The Company has now begun its 2026 drill campaign at Richmond Hill including 15,481 meters of drilling in 109 holes to follow up on the success from 2025. Two drills are in operation and we expect to complete the 2026 campaign in the third quarter of this year." Shawn Campbell, Chief Financial Officer added, "We are pleased to be advancing a project that in addition to gold, hosts a considerable amount of silver. Silver was recently designated as a Critical Mineral in the United States, and the Richmond Hill project has the potential to support domestic supply and contribute to the nation's long-term mineral security. We look forward to incorporating the gold and silver results into the Pre-Feasibility Study. This work will enable the Company to report reserves in 2026, further de-risking the Project as it advances along its path to expected production in 2029."Figure 1. Plan Map showing location of Dakota Gold Corp. Richmond Hill 2025 Drill Campaign drill results reported today in Table 1.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8218/282757_006e75aca475abc0_002full.jpgTable 1. Richmond Hill Drill Results (Metric / Imperial)1,2,3,4,5 Hole #From
(m)To
(m)Interval
(m)Grade Au (g/t)g x m
AuGrade Ag
(g/t)g x m
AgFrom
(ft)To
(ft)Interval
(ft)Grade Au
(oz/ton)RH25C-2332.05.53.60.5121.7666.518.211.70.015
11.524.713.21.27174.876437.780.943.20.037
47.053.86.80.64415.02103154.2176.622.40.019
79.984.54.72.631211.9156262.0277.315.30.077
110.1116.26.20.87511.0168361.1381.320.20.025RH25C-30816.222.25.91.04647.8328453.372.819.50.03
34.838.73.90.6325.8223114.2127.112.90.018RH25C-31078.3103.224.95.0012428.64712257.0338.681.60.146inc.95.196.61.560.828961.6890312.0316.84.81.774RH25C-32637.640.83.11.5051.344123.5133.810.30.044
94.4105.411.00.8395.3359309.6345.736.10.024
108.8113.14.30.74344.61192357.0371.114.10.021
126.5131.34.83.0715107.90523414.9430.815.90.09RH25C-32777.993.015.11.362022.45338255.7305.149.40.039RH25C-32891.9118.826.92.496716.63448301.6389.988.30.073inc.96.698.41.818.603441.2075316.8322.86.00.543RH25C-32948.384.035.71.003610.23365158.4275.6117.20.029RH25C-33075.385.710.41.031117.86186247.0281.234.20.03RH25C-33262.168.05.90.76468.78405203.7223.019.30.022RH25C-33320.128.38.12.92246.565366.192.826.70.085
47.152.75.60.8359.3052154.5173.018.50.024
69.573.64.11.26545.22185228.1241.513.40.037
78.283.25.01.69825.67128256.6272.916.30.049RH25C-33456.461.65.20.6332.3012185.0202.217.20.018
70.875.54.70.61363.16295232.4247.715.30.018RH25C-33536.046.010.10.6469.0591118.0151.033.00.019
53.358.85.51.739200.961105175.0193.018.00.05RH25C-33652.771.318.61.152123.18431173.0234.061.00.034RH25C-337109.7112.83.00.6322.447360.0370.010.00.018RH25C-339No Significant ResultsRH25C-34657.260.83.61.0846.3123187.7199.511.80.032
71.379.17.80.61522.40175234.0259.625.60.018RH25C-34857.890.532.72.468119.16627189.6297.0107.40.072RH25C-35157.165.28.10.6861.8715187.3214.026.70.02
71.377.96.60.73526.78176234.0255.521.50.021RH25C-35282.794.211.50.861052.20601271.3309.137.80.025RH25C-35755.261.05.80.9153.8522181.0200.019.00.027BG-GW-09A10.725.915.20.831328.8243935.085.050.00.024 The table may contain rounding errors.Abbreviations in the table include ounces per ton ("oz/ton"); grams per tonne ("g/t"); feet ("ft"); meter ("m"); gram meters ("g x m").True thickness unknown.Intervals calculated based on 0.5 g/t Au cut-off and maximum dilution of 3.05 meters.The July 7, 2025, Initial Assessment with Cash Flow has an open pit designed with 12.2m (40 ft) benches. The average grade for the Measured and Indicated mine plan is 0.566 g/t Au (0.017 oz/ton). A gram meter of 7 and above has been highlighted in Table 1 based on the bench height and average grade. The following monitoring water well hole drilled outside of the resource area for permitting has confirmed no significant gold mineralization: BG-GW-07; BG-GW-03Silver Assay Results UpdateSilver's addition to the Department of the Interior, U.S. Geological Survey Critical Minerals list in November 20251 underscores growing federal recognition of its importance to the U.S. economy and national security.? With industrial demand rising rapidly—driven by solar, AI data centers, electric vehicles, and next-generation electronics—domestic supply remains limited. This designation highlights silver as a strategically important metal and reinforces the value of projects like Richmond Hill, which has the potential to contribute to U.S.-based silver production.On July 7th, 2025, the Company published an IACF for Richmond Hill using a base case silver price of $29.00/oz. The IACF outlined 8.7 million ounces of silver production over the 17-year measured and indicated (M&I") mine plan, and 12.9 million ounces of silver production over the 28-year measured, indicated and inferred ('MI&I") mine plan. The Company is undertaking a Pre-Feasibility Study for Richmond Hill and silver will be an important complement to our projected gold production. The final silver product at Richmond Hill is anticipated to be in metal bar form, which can be refined within the U.S. Table 2 below lists each of the zones for the initial 5 phases of mining with gold and silver assays for select highlight holes from the 2025 drill campaign. A comprehensive table of results will be provided once all assays have been received from the 2025 drill campaign in the coming weeks.Table 2. Richmond Hill table of zones for the initial 5 phases of mining with gold and silver assays for select highlight holes from the 2025 drill campaign (Metric / Imperial)1,2,3Hole #From
(m)To
(m)Interval
(m)Grade Au
(g/t)g x m
AuGrade Ag
(g/t)g x m
AgFrom
(ft)To
(ft)Interval
(ft)Grade Au
(oz/ton)MW3 MainRH25C-1647.167.160.01.9411634.88209323.3220.0196.70.057RH25C-16920.159.439.32.7810942.07165266.0194.8128.80.081RH25C-16610.554.944.32.2510027.91123634.6180.0145.40.066RH25C-17116.578.662.11.509324.08149654.2258.0203.80.044RH25C-20022.856.233.42.257526.1987674.7184.4109.70.065RH25C-16717.551.834.32.107228.0496257.4170.0112.60.061RH25C-17019.059.040.11.234924.2697362.3193.7131.40.036MW3 EastRH25C-16239.683.143.41.858025.391102129.8272.8143.00.054RH25C-23434.362.628.31.885327.92790112.5205.392.80.055RH25C-15640.070.230.21.243716.74506131.2230.399.10.036RH25C-16032.861.128.31.303724.71699107.6200.392.70.038Chism GulchRH25C-31078.3103.224.95.0012428.64712257.0338.681.60.146inc.95.196.61.560.828961.6890312.0316.84.81.774RH25C-34857.890.532.72.468119.16627189.6297.0107.40.072RH25C-303101.1116.315.24.526915.39235331.6381.650.00.132inc.111.4113.21.831.905737.9068365.5371.45.90.930RH25C-323110.3141.531.12.19684.27133362.0464.1102.10.064inc.134.8136.31.517.352613.9521442.3447.24.90.506RH25C-32891.9118.826.92.496716.63448301.6389.988.30.073inc.96.698.41.818.603441.2086316.8322.86.00.543RH25C-27030.559.729.22.266618.17531100.1196.095.90.066RH25C-2955.535.430.02.156520.9963017.9116.398.40.063RH25C-28887.7102.214.54.156016.61242287.7335.447.70.121inc.92.293.51.229.203648.9060302.6306.64.00.852RH25C-31933.581.147.61.18564.47213109.9266.0156.10.034RH25C-26137.054.317.32.875018.41318121.4178.056.60.084RH25C-25636.448.912.53.764726.66332119.5160.440.90.110inc.36.438.01.623.203729.9047119.5124.75.20.677RH25C-31320.045.725.71.744522.8958965.6150.084.40.051RH25C-307102.7132.930.21.434317.26521337.0436.099.00.042Cole CreekRH25C-20914.387.573.51.4010334.82255847.0287.0241.00.041RH25C-21116.268.552.31.558116.8388153.0224.7171.70.045RH25C-20420.683.162.51.227615.3595967.5272.5205.00.036RH25C-241177.3197.820.53.727610.88223581.8649.167.30.109inc.191.8193.21.528.204143.0063629.2634.04.80.823RH25C-21528.371.042.71.727434.75148393.0233.0140.00.050RH25C-20715.148.633.51.314413.6845949.4159.4110.00.038RH25C-190140.7155.214.52.964316.34237461.5509.147.60.086RH25C-195108.2140.332.11.213921.02675355.0460.4105.40.035Twin TunnelsRH25C-2360.011.311.38.179311.021250.037.237.20.238RH25C-23020.382.362.00.67429.3758166.6270.0203.40.020RH25C-22227.959.131.20.96308.5426791.6194.0102.40.028 The table may contain rounding errors.Abbreviations in the table include ounces per ton ("oz/ton"); grams per tonne ("g/t"); feet ("ft"); meter ("m"); gram meters ("g x m").True thickness unknown.Intervals calculated based on 0.5 g/t Au cut-off and maximum dilution of 3.05 meters.About Dakota Gold Corp.Dakota Gold is expanding the legacy of the 145-year-old Homestake Gold Mining District by advancing the Richmond Hill Oxide Heap Leach Gold Project to commercial production as soon as 2029, and outlining a Tertiary maiden resource as well as a high-grade underground gold resource at the Maitland Gold Project, both located on private land in South Dakota.Subscribe to Dakota Gold's e-mail list at www.dakotagoldcorp.com to receive the latest news and other Company updates.Shareholder and Investor InquiriesFor more information, please contact:Jack Henris
President and COO
Tel: +1 605-717-2540Shawn Campbell
Chief Financial Officer
Tel: +1 778-655-9638Carling Gaze
VP of Investor Relations and Corporate Communications
Tel: +1 605-679-7429
Email: info@dakotagoldcorp.comQualified Person and S-K 1300 DisclosureJames M. Berry, a Registered Member of SME and Vice President of Exploration of Dakota Gold Corp., is the Company's designated qualified person (as defined in Subpart 1300 of Regulation S-K) for this news release and has reviewed and approved its scientific and technical content.Quality Assurance/Quality Control consists of regular insertion of certified reference materials, duplicate samples, and blanks into the sample stream. Samples are submitted to the ALS Geochemistry sample preparation facility in Winnipeg, Manitoba. Gold and multi-element analyses are performed at the ALS Geochemistry laboratory in Vancouver, British Columbia. ALS Minerals is an ISO/IEC 17025:2017 accredited lab. Check samples are submitted to Bureau Veritas, Vancouver B.C. as an umpire laboratory. Assay results are reviewed, and discrepancies are investigated prior to incorporation into the Company database.Forward-Looking StatementsThis 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. When used in this communication, the words "plan," "target," "anticipate," "believe," "estimate," "intend," "potential," "will" and "expect" and similar expressions are intended to identify such forward-looking statements. Any express or implied statements contained in this communication that are not statements of historical fact may be deemed to be forward-looking statements, including, without limitation: our expectations regarding additional drilling, metallurgy and modeling; our expectations for the improvement and growth of the mineral resources and potential for conversion of mineral resources into reserves; completion of a pre-feasibility study, a feasibility study, and/or permitting; our expectations regarding free cash flow and future financing, and our overall expectation for the possibility of near-term production at the Richmond Hill project. 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 execution and timing of our planned exploration activities; our use and evaluation of historic data; our ability to achieve our strategic goals; 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 the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2024, as updated by annual, quarterly and current reports that we file with the SEC, which are available at www.sec.gov. 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. We do not give any assurance that we will achieve our expectations.All references to "$" in this communication are to U.S. dollars unless otherwise stated.1 https://www.usgs.gov/news/science-snippet/interior-department-releases-final-2025-list-critical-mineralsTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/282757
Original: Dakota Gold Intersects 5 g/t Gold over 24.9 Meters at Richmond Hill and Provides Silver Assay Update