Core Insights - Dakota Gold Corp. has announced initial results from its 2025 drill campaign at the Richmond Hill Oxide Heap Leach Gold Project, with significant gold intersections reported [1][3][5] - The company is focused on heap leachable resources and aims to better define oxide and sulfide boundaries through ongoing drilling [3][5] Drilling Campaign Details - The drilling campaign commenced on April 1, 2025, with 56 holes completed, representing 30% of the total campaign [5] - Notable drill results include: - RH25C-164: 1.94 g/t Au over 60.0 meters - RH25C-166: 2.25 g/t Au over 44.3 meters - RH25C-169: 2.78 g/t Au over 39.3 meters [5][9] - The campaign is expected to drill a total of 24,384 meters (~80,000 feet) using both Reverse Circulation and Core drilling methods [1][5] Project Development and Financials - Richmond Hill is recognized as one of the largest undeveloped oxide gold resources in the U.S. [8] - The company has a cash balance of $47 million as of March 31, 2025, fully financing the Initial Assessment with Cash Flow (IACF) and the Feasibility Study [8] - The Feasibility Study is anticipated to be completed in early 2027, with ongoing updates expected as drill results are received [7][8] Safety and Environmental Considerations - The drill campaign has maintained an excellent safety record with zero Lost Time Incidents (LTI) or environmental incidents reported [3]