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Dakota Gold Reports Additional Drill Results from the Richmond Hill Gold Project in South Dakota
Lead, South Dakota--(Newsfile Corp. - January 16, 2024) - Dakota Gold Corp. (NYSE American: DC) ("Dakota Gold" or the "Company") is pleased to report assays fro
About this update from Dakota Gold Corp.
[{"type":"text","content":" Lead, South Dakota--(Newsfile Corp. - January 16, 2024) - Dakota Gold Corp. (NYSE American: DC) (\"Dakota Gold\" or the \"Company\") is pleased to report assays from eight drill holes at the Richmond Hill Gold Project (\"Richmond Hill\") in South Dakota. These drill holes were designed to test the Turnaround and the Richmond Hill Breccia Pipes. The drill holes at the Turnaround Breccia Pipe continue to identify gold mineralization in and around the breccia pipes below historical drilling. The drill holes at the Richmond Hill Breccia Pipe have identified shallow oxide material east of the historical Richmond Hill open pit mine. The drilling has extended the gold mineralization in and around the three known larger breccia pipes at Richmond Hill. Highlights (See Table 1) RH23C-022 intersected 0.033 oz/ton Au over 97.1 feet (1.13 grams/tonne over 29.6 meters); RH23C-025 intersected 0.020 oz/ton Au over 180 feet (0.69 grams/tonne over 54.9 meters; and RH23C-027 intersected 0.030 oz/ton Au over 125.8 feet (1.03 grams/tonne over 38.3 meters) in the northern part of the Turnaround Breccia Pipe at depth. These holes also contain numerous narrower zones of similar grade throughout their length suggesting the breccia pipe hosts significant gold mineralization at deeper levels within the breccia pipe. RH23C-057 and RH23C-058 were drilled directly beneath previously reported drill holes RH23C-054 and RH23C-056 respectively (see News Release November 21, 2023). Both drill holes returned results similar to the earlier holes indicating extensive gold mineralization remaining in the wall rock adjacent to the historical Richmond Hill open pit mine. The results being reported in this release were returned after the cutoff date for the database that is being used for the resource estimation for the Company's upcoming S-K 1300 compliant maiden resource, which is in progress and planned for completion in the first quarter of 2024 and indicate potential for significant expansion of mineralization outside the known historical resource areas. James Berry, Vice President Exploration of Dakota Gold, said, \"The Richmond Hill mineral system just keeps getting bigger. These exploration drill holes have expanded the Richmond Hill gold mineralization and further demonstrates the importance of the Tertiary-aged breccia bodies as a primary host rock for gold m...