Dakota Gold Corp. is pleased to report assays from an additional four drill holes, RH23C-020, RH23C-024, RH23C-026 and RH23C-074, from the Richmond Hill Gold Project in South Dakota. The drill holes reported today have continued to demonstrate the robust, higher-grade, near-surface oxide mineralization hosted at Richmond Hill. The drill holes expand the mineralization and indicate the opportunity for further exploration [...]
Dakota Gold Corp. is pleased to report assays from an additional 12 drill holes from the Richmond Hill Gold Project in South Dakota. These drill holes are from two separate zones: north of the Richmond Hill Breccia Pipe and the MW3 Zone. The north Richmond Hill Breccia Pipe drilling expands mineralization into previously less explored areas adjacent to the historical Richmond Hill Mine. The drill holes in the MW3 Zone [...]
Dakota Gold Corp. is pleased to announce it has discovered Rare Earth Elements in the new TD Zone in its exploration and development drilling program on its Richmond Hill Gold Project in South Dakota. Our preliminary evaluation has identified high-grade REE in and around the Twin Tunnels Breccia Pipe near surface and at depth, and within the gold resource areas being defined in its upcoming S-K 1300 compliant maiden [...]
Dakota Gold Corp. is pleased to report assay results from drill hole MA23C-026 at the Maitland Gold Project including the highest-grade intersection to date by the Company. Gold mineralization occurs in the Homestake Formation and contains visible free gold associated with lower sulfide quartz-carbonate veins. MA23C-026 was designed to test the southern extent of the Homestake-style gold mineralization found between [...]
Dakota Gold Corp. is pleased to report assays from eight drill holes at the Richmond Hill Gold Project in South Dakota. These drill holes were designed to test the Turnaround and the Richmond Hill Breccia Pipes. The drill holes at the Turnaround Breccia Pipe continue to identify gold mineralization in and around the breccia pipes below historical drilling. The drill holes at the Richmond Hill Breccia Pipe have identified [...]
Dakota Gold Corp. wishes to correct an error in reporting the gold assay in drill hole RH23C-059 announced on November 21, 2023 at 5:30am EST. The November 21, 2023 news release reported an interval of 1.809 oz/ton Au over 7.3 feet within a larger interval of 0.711 oz/ton Au over 19.5 feet . The corrected interval is: Drill hole RH23C-059 intersected 0.575 oz/ton Au over 7.3 feet within a larger interval of 0.249 oz/ton [...]
Dakota Gold Corp. is pleased to report assays from an additional six drill holes from the Richmond Hill Gold Project in South Dakota. RH23C-059 returned an exceptionally high-grade intercept, 1.809 oz/ton Au over 7.3 feet within a larger interval of 0.711 oz/ton Au over 19.5 feet. This intercept is outside the known historical resource boundary of the Richmond Hill Breccia Pipe and is the highest-grade intercept returned [...]
Dakota Gold Corp. is pleased to announce that it has extended the option term from September 7, 2024 to March 7, 2026 of its option agreement with Homestake Mining Company of California , a wholly owned subsidiary of Barrick Gold Corp. , over certain of Homestake's surface rights and residual facilities in the Homestake District in South Dakota. Jonathan Awde, President, CEO and Director of Dakota Gold stated, "Extending [...]
Dakota Gold Corp. is pleased to announce the closing of the previously announced investment of $17 million by OMF Fund IV SPV C LLC, an entity managed by Orion Mine Finance . Orion purchased 6,666,667 shares of common stock of Dakota Gold at a price of $2.55 per Share for aggregate gross proceeds of $17 million . Orion owns approximately 7.78% of the Company's issued and outstanding shares of common stock following the [...]
Dakota Gold Corp. is pleased to announce it has entered into a binding agreement with OMF Fund IV SPV C LLC, an entity managed by Orion Mine Finance , for an investment of $17 million in Dakota Gold and a commitment from Orion for future financing support. Jonathan Awde, President, CEO and a Director of the Company commented: "I am very pleased to announce our strategic partnership with Orion. Robert Quartermain, Dakota [...]
Dakota Gold Corp. is pleased to report assay results from drill holes MA23C-011, MA23C-012, MA23C-013, and MA23C-014 at the Maitland Gold Project. These holes were designed to test the Unionville Tertiary-aged epithermal gold mineralization with tighter hole spacing. The results from these drill holes demonstrate exceptional continuity of the gold mineralization along the structural trend that defines the Unionville Zone [...]
Dakota Gold Corp. is pleased to report assays from nine drill holes including RH23C-016 at the Richmond Hill Gold Project in South Dakota. RH23C-016 was designed to validate historical drilling and to test for a higher-grade feeder zone associated with Precambrian structures below the known near-surface MW3 Main Zone gold mineralization. The intercepts in RH23C-016 demonstrate that additional Tertiary aged, Precambrian [...]