Dakota Gold publishes investor presentation outlining Richmond Hill gold project path to production
DC•Resource and economic highlights
- S-K 1300 heap-leachable resource: 3.65 million oz M&I gold, 2.61 million oz inferred gold, 38.1 million oz M&I silver.
- Initial assessment economics at US$2,350/oz gold: after-tax NPV5% US$1.6 billion, IRR 55%, initial capital US$384 million.
- Mine plan metrics: 17-year life, 153,000 oz average annual gold production, LOM AISC US$1,047/oz.
Study milestones and cash position
Cash balance was US$99 million as of Jun. 30, 2026. Dakota Gold said the pre-feasibility study is targeted for Q4 2026, with the feasibility study expected for H1 2027.
Richmond Hill development timeline and production target
Dakota Gold highlighted Richmond Hill as a heap-leach development project targeting first production as soon as 2029.
