Dakota Gold (DC)
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Dakota Gold Corp. (DC) Announces 2026 Plans for the Richmond Hill and Maitland Gold Projects
Yahoo Finance· 2026-01-31 13:11
Dakota Gold Corp. (NYSE:DC) is among the 11 Best Gold Stocks to Buy for 2026. Dakota Gold Corp. (DC) Announces 2026 Plans for the Richmond Hill and Maitland Gold Projects Dakota Gold Corp. (NYSE:DC) released new drill results and plans for the Richmond Hill and Maitland projects on January 13, 2026. Drilling at Richmond Hill in 2025 yielded 1.18 g/t gold over 47.6 meters and 2.19 g/t over 31.1 meters, including 17.35 g/t over 1.5 meters, from step-out holes that extended mineralization north of present r ...
Dakota Gold Announces 2026 Plans for Richmond Hill and Maitland Gold Projects Following Successful Drill Programs
TMX Newsfile· 2026-01-13 11:30
Core Insights - Dakota Gold Corp. is advancing its Richmond Hill Oxide Heap Leach Gold Project and plans to conduct a drilling program to support a Pre-Feasibility Study (PFS) in the second half of 2026 while also targeting a maiden resource at the Maitland Gold Project by year-end 2026 [1][3][12] 2026 Richmond Hill Program - The company aims to complete studies for a PFS in the second half of 2026, followed by a Feasibility Study in the first half of 2027, which will include processing design and throughput trade-off studies [4][5] - The PFS will optimize processing tons per day from an initial assessment of 30,000 TPD up to 60,000 TPD, incorporating high-grade opportunities and updated metallurgical testing [4][5] - The 2026 drill campaign will consist of 15,481 meters (50,790 feet) across 109 holes, focusing on infill drilling to convert inferred resources to measured and indicated resources [6][12] 2025 Drilling Campaign Results - The 2025 drilling campaign included 242 drill holes totaling 29,279 meters (~96,000 feet), with 181 assay results released to date [5][6] - Significant gold intercepts were reported, including RH25C-323, which intersected 2.19 g/t Au over 31.1 meters, and RH25C-319, which intersected 1.18 g/t Au over 47.6 meters [6][10] 2026 Maitland Program - The 2026 Maitland drill campaign will focus on infill drilling to define a maiden resource for the Unionville Zone, which has a confirmed strike length of at least 2,000 meters (6,562 feet) [12][13] - The JB Gold Zone, a high-grade underground discovery, has an average grade of 10.76 g/t Au from 47 drill holes, providing long-term high-grade optionality [13][12] Company Overview - Dakota Gold is working to advance the Richmond Hill project to commercial production by 2029 and is also outlining a maiden resource at the Maitland Gold Project, both located in South Dakota [17]
H.C. Wainwright Initiates Buy Rating on Dakota Gold, Sets PT at $9.75
Yahoo Finance· 2026-01-08 10:01
Dakota Gold Corp. (NYSE:DC) is one of the 9 Best Junior Gold Mining Stocks to Buy Now. On January 5, The Fly reported that H.C. Wainwright initiated coverage of Dakota Gold Corp. (NYSE:DC) with a Buy rating. Heiko Ihle at H.C. Wainwright initiated coverage of DC with a $9.75 price target. All analysts covering DC have rated the stock a Buy, with a median price target of $9.88, implying an upside of 80.86% as of January 5. The Fly reported that the analyst noted that Dakota Gold Corp. is ‘well underway’ t ...
Dakota Gold Expansion Drilling Intersects High-Grade Gold Mineralization at Richmond Hill
TMX Newsfile· 2025-12-23 11:30
Core Viewpoint - Dakota Gold Corp. has reported significant expansion drilling results from the Richmond Hill Oxide Heap Leach Gold Project, indicating widespread gold mineralization and potential resource growth, with drilling results confirming mineralization extending 230 meters north of the current resource boundary [1][3]. Drilling Campaign Overview - The company has completed 242 drill holes in its 2025 drilling campaign, totaling 29,279 meters (approximately 96,000 feet), with 136 assay results released so far and 106 pending [2]. - The drilling campaign is designed for metallurgical sampling, condemnation drilling, infill drilling, and expansion drilling, aimed at refining resource models and improving geo-metallurgical domain precision [4]. Highlights from Drill Results - Significant high-grade gold mineralization has been confirmed in the northern project area, with results to be incorporated into an updated resource model and ongoing feasibility study [3]. - Notable drill results include: - RH25C-303: 4.52 grams per tonne (g/t) over 15.2 meters, including 31.90 g/t over 1.8 meters [7]. - RH25C-261: 2.87 g/t over 17.3 meters [7]. - The northeast mineralization remains open and has been drill-tested up to 300 meters north and 535 meters wide [7]. Future Plans - Drilling will pause for the remainder of December 2025 and resume in mid-January 2026, with remaining assay results expected to be shared in early 2026 [3]. - The company aims to advance the Richmond Hill project to commercial production by 2029, alongside outlining a high-grade underground gold resource at the Maitland Gold Project [9].
Dakota Gold Provides Feasibility Study Metallurgy Testing Plan and Initial Results for Richmond Hill
TMX Newsfile· 2025-12-18 21:30
Lead, South Dakota--(Newsfile Corp. - December 18, 2025) - Dakota Gold Corp. (NYSE American: DC) ("Dakota Gold" or the "Company") is providing an update on the metallurgical testing program (the "Met Program") designed to inform the Feasibility Study ("FS") at the Richmond Hill Oxide Heap Leach Gold Project ("Richmond Hill" or the "Project"). The FS Met Program is scheduled for completion in Q3 2026 with staged testing and milestone reporting throughout. Extensive metallurgical drilling was completed in 20 ...
Dakota Gold Intersects High-Grade Gold Mineralization in 150-Meter Step-Out Drill Hole at Richmond Hill
Newsfile· 2025-12-01 21:15
Core Insights - Dakota Gold Corp. reports significant high-grade gold mineralization at the Richmond Hill Oxide Heap Leach Gold Project, confirming the project's resource growth potential [1][3][6] - The company is actively drilling with plans to complete approximately 27,500 meters (~90,000 feet) during its 2025 drilling campaign [1][3] - The project is positioned for long-term value creation through ongoing drilling, feasibility studies, and permitting processes [3][10] Drilling and Assay Results - Recent metallurgical drill hole RH25C-236 intersected 8.17 grams per tonne gold over 11.3 meters, exceeding current block model grades [6] - Expansion drill hole RH25C-296 intersected 1.45 g/t Au over 18.3 meters, indicating mineralization remains open and is only limited by drilling [6][7] - The company has completed drilling and pump installation at all 28 water wells required for permitting, with sampling initiated in November [3][4] Project Development and Future Plans - Dakota Gold aims to advance the Richmond Hill project to commercial production by 2029, alongside outlining a high-grade underground resource at the Maitland Gold Project [10] - The project requires state and county permits, with a feasibility study and permit application targeted for early 2027 [3][4] - Core drilling is ongoing in the northeast project area, with additional assay results expected through the fourth quarter of 2025 and into 2026 [4][6]
Dakota Gold Intersects High-Grade Gold Mineralization in Expansion Drilling at Richmond Hill
Newsfile· 2025-11-19 11:30
Core Insights - Dakota Gold Corp. has reported assay results from 26 drill holes at the Richmond Hill Oxide Heap Leach Gold Project, confirming high-grade gold mineralization in the northern area, which supports the company's mining plans [1][2][4] Drilling Campaign - The ongoing 2025 drilling campaign aims to complete approximately 27,500 meters (~90,000 feet) of drilling, with two drills currently operating on site [2] - The results from the expansion drilling in the northeast corner of the project indicate significantly higher-grade gold than the average resource grade [6] Assay Results - Notable assay results include: - RH25C-278 intersecting 1.75 grams per tonne (g/t) gold over 19.9 meters - RH25C-295 intersecting 2.15 g/t gold over 30.0 meters - RH25C-270 intersecting 2.26 g/t gold over 29.2 meters - RH25C-288 intersecting 4.15 g/t gold over 14.5 meters [6][10] Project Development - The continuity and quality of the near-surface deposit at Richmond Hill suggest a low-cost, long-life project with high margins, as highlighted in the company's Initial Assessment earlier this year [4] - The metallurgical drilling results are expected to refine the model boundaries and improve the precision of geo-metallurgical domains for the feasibility and mine planning [5][6] Future Plans - The company plans to advance heap leach column testing and will provide updates on these results as they become available [4] - Additional assay results from expansion and infill drilling are anticipated through the fourth quarter of 2025 and into 2026 [4]
Dakota Gold (DC) - 2026 Q2 - Quarterly Report
2025-11-13 18:07
Financial Performance - Net loss for the three months ended September 30, 2025, was $10.49 million, compared to a net loss of $10.09 million for the same period in 2024, reflecting a 3.9% increase in losses[10] - Net loss for the nine months ended September 30, 2025, was $20.70 million, a decrease from a net loss of $27.84 million for the same period in 2024, reflecting a 25.5% improvement[10] - The company reported a basic and diluted loss per share of $0.19 for the nine months ended September 30, 2025, an improvement from a loss of $0.31 per share in the same period of 2024[10] - Basic and diluted loss per share improved to $0.09 for the three months ended September 30, 2025, compared to $0.11 for the same period in 2024[10] - The company incurred a net loss of $10,093,122 for the three months ended September 30, 2025[40] Assets and Equity - Total assets increased to $119.25 million as of September 30, 2025, up from $95.35 million at December 31, 2024, representing a 25.1% increase[8] - Total stockholders' equity increased to $115.96 million as of September 30, 2025, up from $92.15 million at December 31, 2024, indicating a 25.8% growth[8] - Total stockholders' equity as of September 30, 2025, was approximately $93.3 million, down from $103.5 million as of December 31, 2023[18] Cash and Cash Equivalents - Cash and cash equivalents rose to $33.02 million at the end of September 2025, compared to $9.41 million at the beginning of the period, marking a 250.5% increase[13] - As of September 30, 2025, the company reported a cash balance of approximately $33.0 million and working capital of approximately $31.0 million[24] Liabilities - The company’s total liabilities stood at $3.29 million as of September 30, 2025, slightly up from $3.20 million at December 31, 2024[8] - Trade payables decreased to $1,343,749 as of September 30, 2025, from $1,721,119 as of December 31, 2024[40] Exploration and Operating Expenses - Exploration expenses for the nine months ended September 30, 2025, totaled $14.62 million, down 29.5% from $20.78 million in the same period of 2024[10] - Exploration expenses for the three months ended September 30, 2025, totaled $7,688,571, slightly lower than $7,802,543 for the same period in 2024[60] - The Company reported total operating expenses of $21,548,123 for the nine months ended September 30, 2025, down from $28,247,551 in the same period of 2024[60] - The company has not generated revenues from its mineral properties, which are still in the exploration stage[22] Stock and Equity Awards - The weighted average number of basic and diluted shares outstanding increased to 112.42 million for the three months ended September 30, 2025, compared to 93.60 million for the same period in 2024, reflecting a 20.0% increase[10] - The company issued 3,024,751 shares of common stock for its ATM program, net of issuance costs, raising approximately $6.83 million[18] - The Company raised approximately $35.1 million through a public offering by issuing 12,400,000 shares at a price of $2.83 per share, incurring share issuance costs of approximately $2.4 million[43] - The Company granted a total of 2,542,802 equity awards during the nine months ended September 30, 2025, compared to 1,808,127 in the same period of 2024[48] Compensation and Tax Rates - The company recognized stock-based compensation expense of $946,916 for the three months ended September 30, 2025[37] - Total stock-based compensation expense for the nine months ended September 30, 2025, was $2,373,711, a decrease from $2,859,650 in the same period of 2024[48] - The effective tax rates for the three and nine months ended September 30, 2025, were 0.15% and 0.18%, respectively, which are significantly lower than the statutory federal income tax rate of 21% due to unrecognized benefits from losses incurred[41] Warrants and Options - As of September 30, 2025, the Company had 6,179,840 warrants outstanding with an exercise price of $2.08, set to expire on March 15, 2026[51] - The Company has extended the option period for the Richmond Hill Option Agreement and the Barrick Option until December 31, 2028, with additional cash payments required[35]
Mercer's Research Shows US Defined Contribution (DC) Plan Sponsors Are Prioritizing Financial Wellness, AI Integration and Delegation in 2026
Businesswire· 2025-11-12 15:30
Core Insights - Mercer, a business of Marsh McLennan, released its inaugural annual survey titled "Voice of the Plan Sponsor: 2025 Defined Contribution (DC) Practices" [1] - The survey indicates that DC plan sponsors are increasingly focusing on financial wellness and cost efficiency [1] Summary by Categories Financial Wellness - There is a growing emphasis among DC plan sponsors on enhancing financial wellness for participants [1] Cost Efficiency - DC plan sponsors are prioritizing cost efficiency in their plans, reflecting a trend towards more sustainable financial practices [1]
Dakota Gold Continues to Intersect Significant Gold Mineralization in Ongoing 2025 Richmond Hill Drill Campaign
Newsfile· 2025-10-16 10:30
Core Insights - Dakota Gold Corp. continues to report significant gold mineralization from its ongoing 2025 drilling campaign at the Richmond Hill Oxide Heap Leach Gold Project, with high-grade gold being intercepted in the northern project area, supporting plans for initial mining operations [1][3] - The company is conducting a core drilling campaign aimed at completing a Feasibility Study, with a total of 27,500 meters (~90,000 feet) planned for the 2025 campaign [1][3] Drilling Results - Recent assay results from 32 infill and metallurgical drill holes indicate promising mineralization, particularly in the northern project area, which is targeted for the initial stages of mining [1][3] - Notable drill results include RH25C-241, which intersected 3.72 grams per tonne (g/t) gold over 20.5 meters, and RH25C-209 with 1.40 g/t Au over 73.5 meters, demonstrating the low-risk nature of the deposit [5][8] Future Plans - The ongoing drilling is expected to provide critical data for the Feasibility Study, enhancing geological resource understanding and supporting the transition to commercial production by 2029 [3][11] - The company anticipates further assay results from expansion and infill drilling in the northeast project area before the end of the year, with potential for resource expansion based on prior drilling [5][8]