Dakota Gold advances Richmond Hill with single heap-leach, stronger recovery
Sep 28, 2026, 6:47 AM EDT1 sourcesAI-analyzed
Why it may matterVerify against the original reporting
Clear technical and operational improvements (80.4% recovery at 0.5" crush), final assay data for PFS, and an FS timeline create near-term catalysts likely to drive re-rating and upside optionality into 2027-2029 production.
AI summary
What happened, with direct paths to the underlying reporting
Dakota Gold reports key PFS trade-offs for Richmond Hill, selecting a 0.5-inch crush and a single heap-leach facility, boosting oxide recovery to about 80.4% versus 75.9% at 1 inch. The company also received final Richmond Hill assays and added 42,791 meters of drilling to the dataset for the PFS resource update, with FS planned for mid-2027 and near-term reserve conversion activity. Maitland maiden resource drilling is ongoing, aiming for a first-half 2027 update, underpinning near-term upside.
PFS trade-offs favor 0.5-inch crush and single heap-leach facility. Reduces risk.
Final Richmond Hill assays received; 42,791 m of drilling added to resource update.
FS underway; mid-2027 publication; focus on converting inferred to reserves post-PFS.
Maitland maiden resource drilling resumed; first-half 2027 target; high-grade potential.
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