Dakota Gold posted a Q2 net loss of USD 8.35 million, widening from USD 6.47 million a year earlier.
Exploration expense rose to USD 6.51 million from USD 5.02 million, due to higher assay costs and studies tied to metallurgical testing.
General and administrative costs climbed to USD 2.73 million from USD 1.86 million, driven by higher support costs and stock-based compensation.
Interest income increased to USD 869,539 from USD 414,797 on a higher cash balance following a February 2026 financing.
Net proceeds of about USD 71.7 million were raised in a February public offering; CEO Robert Quartermain plans to retire Aug. 18, succeeded by Jack Henris.
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