Dakota Gold's land package consists of over 48 thousand mineral acres surrounding the historic Homestake Mine that produced over 40 million ounces of gold over its lifetime, as well as the currently producing Wharf Mine that has produced over 4 million ounces of gold. Drilling commenced at Dakota Gold's flagship Richmond Hill and Maitland Gold Projects, both located on private land, in early 2022 and has encountered significant gold mineralization.
Richmond Hill Gold Project:
The Richmond Hill Gold Project hosts a large heap leachable mineral resource published in the S-K 1300 Initial Assessment in February 2025 including:
- 3.65 M oz M&I Gold
- 2.61 M oz Inferred Gold
- 38.1 M oz M&I Silver
- 22.8 M oz Inferred Silver
View S-K 1300 Initial Assessment Report: Here
An Initial Assessment with Cash Flow published in July 2025 further advanced the Richmond Hill Gold Project outlining a long life, low cost and high margin project for the Measured and Indicated, and Measured, Indicated and Inferred Mine Plans at a basecase gold price of $2,350 an ounce. Highlights include:
- Long Mine Life
- 17 - 28 Years
- 2.60 - 3.98 million ounces of gold over life of mine
- 150,000 oz/year average gold production
- Low Cost
- $1,050/oz life of mine AISC
- $384 million Initial CAPEX
- High Margin
- After tax NPV5% $1.6 - $2.1 billion
- After tax IRR 55% - 59%
View S-K 1300 Initial Assessment with Cash Flow Report: Here
DAKOTA GOLD’S PROPERTY MAP
Key Project Areas
HOMESTAKE HIGHLIGHTS
+48-thousand-acre property position, with key projects on private land.
3.65 M oz M&I Gold Resource at Richmond Hill
New discovery at Maitland analogous to Homestake Mine
Historic data from over 145 years of mining and exploration has been digitized and is being integrated.
We are located
in South Dakota, USA
South Dakota has well-developed mining infrastructure, built upon a history of +145 years of continuous mining.
