Lead, South Dakota–(Newsfile Corp. – February 6, 2025)

Dakota Gold Corp. Announces Initial Assessment for Richmond Hill Project

Dakota Gold Corp. (NYSE American: DC) has recently released its S-K 1300 Initial Assessment for the Richmond Hill Oxide Heap Leach Gold Project in South Dakota. The report highlights a significant heap leachable resource that is poised to pave the way for near term production.

Key Findings from the Initial Assessment:

The Initial Assessment outlines a robust resource focused on heap leachable material at the Richmond Hill Project. The resource is categorized as Measured Mineral Resource and Indicated Mineral Resource, totaling 244,728 ktonnes of AuEq (gold equivalent) with an average grade of 0.483 g/t AuEq.

The breakdown of the resource includes Measured Mineral Resource of 103,190 ktonnes with an average AuEq grade of 0.562 g/t, and Indicated Mineral Resource of 141,537 ktonnes with an average AuEq grade of 0.429 g/t. The Project also shows promising grades of gold and silver, indicating potential for significant production.

Overall, the Initial Assessment sets a solid foundation for the development of the Richmond Hill Project and positions Dakota Gold as a key player in the gold mining industry.

How Will This Affect Me?

As a shareholder or investor in Dakota Gold Corp., the positive findings from the Initial Assessment are likely to have a direct impact on your investment. The robust resource outlined in the report suggests potential for significant returns and growth in the company’s stock value.

How Will This Affect the World?

The development of the Richmond Hill Oxide Heap Leach Gold Project is set to contribute to the global gold supply, which plays a crucial role in various industries including technology, jewelry, and finance. The increase in production from this project could have a ripple effect on the world’s gold market, influencing prices and supply dynamics.

Conclusion

The Initial Assessment for the Richmond Hill Project marks a significant milestone for Dakota Gold Corp. and sets the stage for near term production. With a strong resource base and promising grades, the Project has the potential to make a notable impact on both the company and the global gold market.