Dakota Gold Announces Date for Webcast Conference Call to Review the New Resource for Richmond Hill

Dakota Gold Corp. (NYSE American: DC) ("Dakota Gold" or the "Company") has announced the date for a webcast conference call to review the new resource for the Richmond Hill Gold Project. The call will take place on Friday, February 7, 2025, at 11:00 AM Eastern Time (9:00 AM Mountain Time, 8:00 AM Pacific Time). The webcast and conference call will provide an opportunity for investors and stakeholders to learn about the updated resource estimate for the project, which is expected to be released after market close on Thursday, February 6, 2025.

The Richmond Hill Gold Project is located on private land in South Dakota and is a low-cost, surface oxide heap leach operation similar to the adjacent Wharf Mine operated by Coeur Mining. The project is expected to generate significant free cash flow and is analogous to the Wharf Mine, which is expected to generate over $100 million in free cash flow in 2024 from approximately 90,000 ounces of gold.

Dakota Gold has contracted with M3, RESPEC, IMC, and Woods Processing to undertake the necessary engineering and metallurgical studies to advance from the Initial Assessment with Cash Flow (IACF) to initiating a full feasibility study in Q2 2025. Concurrently, the Company is undertaking baseline environmental studies that will inform future permitting requirements. The Company has also secured a financial proposal for up to $300 million for a development opportunity with Orion Mine Finance, its major shareholder, which provides Dakota Gold with the financial pathway to a commercial gold operation.

The webcast conference call will be an opportunity for Dakota Gold to update investors on the progress of the Richmond Hill Gold Project and the Company's overall strategy for growth and value creation. The call will be hosted by Dr. Robert Quartermain, Co-Chair, Director, President, and CEO, and Dr. Stephen O'Rourke, Co-Chair, Director, and Managing Director. Investors and stakeholders are encouraged to participate in the call to learn more about the Company's plans for the Richmond Hill Gold Project and its other exploration projects, such as the Maitland Gold Project.



In conclusion, Dakota Gold's announcement of the date for the webcast conference call to review the new resource for the Richmond Hill Gold Project is an important milestone for the Company and its shareholders. The call will provide an opportunity for investors to learn about the updated resource estimate for the project and the Company's plans for growth and value creation. With the Richmond Hill Gold Project on track to become a low-cost, surface oxide heap leach operation, Dakota Gold is well-positioned to generate significant free cash flow and create value for its shareholders.