Dakota Gold Hits 5.24 g/t Gold, 4.43 g/t Silver Over 13.5m at Richmond Hill
Dakota Gold reported high-grade gold and silver intercepts from expansion drilling at its Richmond Hill project in South Dakota, with results to be included in a pre-feasibility study due in H2 2026.
Dakota Gold Corp. has announced new assay results from its 2026 drill campaign at the Richmond Hill Oxide Heap Leach Gold Project in South Dakota, including a highlight intercept of 5.24 grams per tonne (g/t) gold and 4.43 g/t silver over 13.5 meters.
The 2026 campaign comprises 17,273 meters of drilling across 112 holes, combining infill, expansion and geotechnical drilling. The reported intercept is from expansion drilling, indicating potential to extend mineralization beyond the current resource model. Data from over 350 drill holes from the 2025 and 2026 campaigns will feed into a pre-feasibility study (PFS) expected in the second half of 2026.
For precious metals traders, positive exploration results from gold developers like Dakota Gold can signal potential future supply additions, though the immediate impact on gold prices is typically muted as production remains years away. However, such news often drives interest in junior mining equities, which can be correlated with gold price trends. Live gold prices and charts on NowPrice show how the broader market is reacting to macro drivers, while company-specific news like this influences individual stock valuations.
Investors will watch for the PFS results later this year, which will provide more clarity on project economics, including capital costs and production timelines. The Richmond Hill project is a past-producing mine, and successful expansion could enhance its viability in the current gold price environment.