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]
Dakota Gold Announces 2026 Plans for Richmond Hill and Maitland Gold Projects Following Successful Drill Programs