Dakota Gold Corp. Announces Resource Expansion Potential with Step-Out Drill Results at Richmond Hill Gold Project

Core Viewpoint - Dakota Gold Corp. is expanding its resource potential at the Richmond Hill Gold Project through ongoing infill and step-out drilling, with results expected to enhance the maiden resource estimate in early 2025 [2][3][5]. Resource Expansion - The maiden S-K 1300 resource, announced on April 30, 2024, includes an Indicated Resource of 51.83 million tonnes at 0.80 grams per tonne gold for 1.33 million ounces and an Inferred Resource of 58.06 million tonnes at 0.61 grams per tonne gold for 1.13 million ounces [2]. - Recent drill results from the Chism Gulch area indicate higher-grade mineralization, supporting the belief in significant resource expansion potential [3][4]. Drill Results - Notable drill intersections include: - RH24C-100: 1.33 g/t Au over 11.7 meters - RH24C-104: 1.03 g/t Au over 33.8 meters - RH24C-106: 1.48 g/t Au over 38.1 meters - RH24C-107: 1.67 g/t Au over 6.4 meters [4]. - The resource remains open in all directions, indicating further potential for improvement with additional drilling and metallurgical work [4]. Future Plans - An updated S-K 1300 resource estimate is scheduled for Q1 2025, incorporating results from an additional 88 drill holes totaling 17,000 meters [5]. - An S-K 1300 Initial Assessment with Cash Flow is planned for Q2 2025 [5]. Company Insights - James Berry, VP of Exploration, expressed optimism about the ongoing drill program and the potential for resource expansion at Chism Gulch, with more results to be announced in the coming weeks [6]. - The Richmond Hill Gold Project is one of three ongoing drill programs, alongside the JB Gold Zone and the Unionville Zone at Maitland [9]. Company Background - Dakota Gold Corp. focuses on new gold discoveries and opportunities, building on the legacy of the Homestake District, which has a rich history of gold mining [10].