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Dakota Gold Corporation unveils plans to advance Richmond Hill Gold Project toward 2029 production

Reuters01-08

<a href="https://laohu8.com/S/DC">Dakota Gold</a> Corporation unveils plans to advance Richmond Hill Gold Project toward 2029 production

Dakota Gold Corporation has released a corporate presentation highlighting the advancement of the Richmond Hill Gold Project in the Homestake District of South Dakota. The company outlines plans to bring the project to production as early as 2029, with robust economics reported in an initial assessment and a feasibility study expected in 2027. The Richmond Hill Gold Project, one of the largest undeveloped heap leach gold resources in the U.S., is fully funded through feasibility with a cash balance of $33.0 million as of September 30, 2025. Key project metrics include an after-tax NPV5% of up to $2.1 billion, an after-tax IRR of up to 59%, an initial capital requirement of approximately $383 million, and a mine life ranging from 17 to 28 years. The ongoing 2026 metallurgical test work is scheduled for completion in the third quarter of 2026. Dakota Gold holds over 48,000 mineral acres in the Homestake District, with principal projects located on private land and supported by existing infrastructure. You can access the full presentation through the link below.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Dakota Gold Corporation published the original content used to generate this news brief on January 07, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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