Dakota Gold posts investor-and-analyst tour deck on revitalizing South Dakota’s Homestake District
Reuters2026/07/20 16:30By:Reuters
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- Dakota Gold outlined a development plan for the Richmond Hill heap-leach project, targeting first production as soon as 2029.
- Richmond Hill S-K 1300 heap-leachable resource: 3.65 million oz M&I gold, 2.61 million oz inferred gold; 38.1 million oz M&I silver.
- Initial Assessment economics at US$ 2,350/oz gold: after-tax NPV5% US$ 1.6 billion to US$ 2.1 billion; after-tax IRR 55% to 59%.
- Initial capital estimated at about US$ 383 million to US$ 384 million; after-tax payback 1.5 to 1.7 years; mine life 17 to 28 years.
- Cash balance of US$ 107 million as of Mar. 31, 2026; pre-feasibility study targeted for Q4 2026, feasibility study for H1 2027.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Dakota Gold Corporation published the original content used to generate this news brief on July 20, 2026, and is solely responsible for the information contained therein.
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