Dakota Gold Intersects High-Grade Gold Mineralization in 150-Meter Step-Out Drill Hole at Richmond Hill

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]