Dakota Gold Corporation unveils plans to advance Richmond Hill Gold Project toward 2029 production
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Dakota Gold Corporation has announced plans to advance the Richmond Hill Gold Project in South Dakota, targeting production by 2029. The project, one of the largest undeveloped heap leach gold resources in the U.S., is fully funded with a cash balance of $33 million as of September 30, 2025. Key metrics include an after-tax NPV5% of up to $2.1 billion and an initial capital requirement of approximately $383 million. A feasibility study is expected in 2027, with metallurgical test work set for completion in Q3 2026.
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