Dakota Gold Completes Richmond Hill Drilling, Reports New Assay Results

Dakota Gold Corp. has completed its 2026 drill campaign at the Richmond Hill Oxide Heap Leach Gold Project in South Dakota, releasing additional assay results from the program.

The company drilled 17,273 meters across 112 holes for infill, expansion, and geotechnical purposes. The new results, combined with 2025 data, will feed into a pre-feasibility study (PFS) expected in the fourth quarter of 2026. The PFS will update the mineral resource estimate, refine the geo-metallurgical model, and deliver an optimized mine plan.

For precious metals traders, this development is a positive catalyst for Dakota Gold's stock (NYSE American: DC), but it does not directly impact gold spot prices. The Richmond Hill project is an oxide heap leach operation, which typically has lower capital costs and faster permitting timelines. Investors should watch for the PFS results later this year, as they will provide key metrics on project economics, including all-in sustaining costs and potential production rates. NowPrice offers real-time gold prices and charts to track how the broader market reacts to such news.

The next major milestone will be the PFS release in Q4 2026, which will determine whether Richmond Hill advances to feasibility and construction. Until then, the market will focus on Dakota Gold's ability to secure financing and permits. The company's progress is a reminder of the long lead times in mining, where exploration success must be followed by years of study before production begins.