Frequently Asked Questions (FAQ)
WHO IS DAKOTA GOLD?
Dakota Gold is a South Dakota-based responsible gold exploration and development company with a specific focus on expanding the legacy of the 145-year-old Homestake Gold Mining District by advancing the Richmond Hill and Maitland Gold Projects. We are headquartered in Lead, SD and hold property rights over 48 thousand acres in the District. The Company also maintains a small office in Vancouver, British Columbia, which is the financial hub for exploration-level mining companies in North America. Dakota Gold Corp. trades on the NYSE American: DC. Learn more about Dakota Gold Corp. dakotagoldcorp.com
WHAT ARE YOU TRYING TO ACCOMPLISH AS A COMPANY?
Dakota Gold is a values-driven company.
We are committed to:
- Protecting the health and safety of our employees, partners, and community;
- Acting with respect for the environment;
- Engaging with transparency and integrity;
- Fostering partnerships to increase the resilience of both the State and local economies;
- Creating sustainable value for all stakeholders; and
- Treating people with dignity, respect, and fairness.
Our values reflect who we are as a company, form the basis for all our practices and policies and drive how we make decisions. Our board of directors have adopted a Community Relations and Environmental Policy to formalize our values: dakotagoldcorp.com/company/our-corporate-values/
HOW MANY PEOPLE DOES DAKOTA GOLD EMPLOY?
Dakota Gold has 39 full time employees of which 87% are local as at Dec 2025. Available internships and career positions can be found here: dakotagoldcorp.com/contact-us/careers/
WHAT KINDS OF ACTIVITIES ARE YOU CONDUCTING?
Our current focus is on advancing the Richmond Hill Oxide Heap Leach Gold Project toward commercial production and defining a maiden resource at the Maitland Gold Project, both located on private land within this historic District.
WHERE IS DAKOTA GOLD CONDUCTING EXPLORATION?
Dakota Gold holds surface and mineral interests on a variety of properties, including both private and federal lands. We are currently only drilling on private land located at our Maitland and Richmond Hill Gold Project areas. Learn more about these project areas at dakotagoldcorp.com/portfolio/overview/
ARE YOU PERMITTED TO CONDUCT EXPLORATION WORK?
Yes, prior to initiating any exploration activities, we receive permits from the State of South Dakota. As part of this process, we are required to collect site-specific environmental baseline information, submit a Notice of Intent that describes our proposed activities and planned reclamation, and post financial assurance to guarantee that the site(s) will be reclaimed. More details on State permitting requirements can be found here danr.sd.gov/
WHY DO WE NEED MORE GOLD MINING?
Current U.S. production does not meet domestic consumer demand. In 2024, the U.S. produced 160 tonnes of gold while demand was 358 tonnes. An Executive Order from President Trump dated March 20, 2025 designated critical minerals, as well as gold, as a focus for development in securing U.S. domestic supply.
Sources:
https://www.gold.org/
https://www.whitehouse.gov/presidential-actions/2025/03/immediate-measures-to-increase-american-mineral-production/
WHAT IS GOLD USED FOR?
In addition to its long history as a store of value, gold has unique properties—chemical stability, corrosion resistance, and excellent heat and electrical conductivity—make it indispensable in modern technology. From smartphones to electric vehicles, and even in emerging fields like carbon capture and cancer treatments, gold powers innovation. Learn more at nma.org
WHEN WILL DAKOTA GOLD BEGIN PRODUCTION?
If our exploration activities are successful, we will be required to obtain additional permits to construct and operate a mine, then begin construction. This process can take several years, through which time the community will continue to see economic benefit. Richmond Hill, Dakota Gold’s most advanced project is currently in development stage with production beginning as soon as 2029.
WHAT ARE YOU DOING TODAY TO SUPPORT THE LOCAL COMMUNITY?
Dakota Gold supports a number of initiatives and non-profit organizations in the Lead/Deadwood area, as well as Rapid City. Our partnerships focus on support for economic development and education. For details on our partnerships, see our Sustainability Report here: dakotagoldcorp.com/community/sustainability-report-esg/
WHAT WOULD A NEW MINE MEAN FOR THE STATE OF SOUTH DAKOTA?
