Dakota Gold Corp. · AMEX:DC
Dakota Gold — Prospectors and Developers Association of Canada (PDAC) 2026
18 slides from Dakota Gold's conference presentation, Mar 4, 2026
Slide 1: Building the Next Gold Mine in the Homestake District
Building the Next Gold Mine in the Homestake District NYSE American: DC Prospectors and Developers Association of Canada (PDAC) March 4, 2026 dakotagoldcorp.com
Slide 2: Disclaimer
Disclaimer Dakota Gold is focused Forward-Looking Statements This communication contains forward-looking statements within the meaning of Section 27A of the Securities on responsible Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. When used in this commun
Slide 3: Homestake District: New Opportunities
Richmond Hill Homestake District: New Opportunities Maitland Gold Project Gold Project Legend - Dakota Gold holds over ~48k mineral acres in • Private Land the Homestake District • Over 3,000 mineral acres • Private Land • Development stage Dakota Gold Land Package Richmond Hill – Private Land •
Slide 4: U.S. Gold production and consumption
U.S. Gold production and consumption Historical U.S. Annual Gold Production 1 • U.S. Executive Order (March 20, 2025) designated critical YEARS TONNES minerals as well as gold as a focus for development in securing 2000 302 U.S. domestic supply. 2 2010 209 2020 175 • Current U.S. gold production doe
Slide 5: Richmond Hill – IACF supports simple, open pit, heap leach project
Richmond Hill – IACF supports simple, open pit, heap leach project (US$) M&I plan MI&I plan (US$) M&I plan MI&I plan Key Assumptions LOM AISC (Cash Cost plus $1,047 $1,050 Sustaining Cost) Base Case Gold Price $2,350/oz $2,350/oz Capital Costs Base Case Silver Price $29.00/oz $29.00/oz Initial Capi
Slide 6: Richmond Hill - M&I plan production and cost profile
Richmond Hill - M&I plan production and cost profile M&I plan 153,000 oz/yr GOLD PRODUCTION 2.6 Moz GOLD LOM PRODUCTION (17-year mine life) 8.7 Moz SILVER LOM PRODUCTION (17-year mine life) US$1,047/oz LOM AISC (US$2,350/oz Gold Price) (US$29/oz Silver Price) dakotagoldcorp.com | NYSE-A: DC 6
Slide 7: Richmond Hill – Phase 3-5 mine plan
Richmond Hill – Water Overburden Storage Area Phase 3-5 mine plan Leach Pad 3 Treatment Plant (Reclaimed) North (35.6MM tons) Reclaimed Mined Area Leach Pad 2 (44.4MM tons) • Concurrent reclamation with mining to reduce disturbance footprint Storm Event Mined Area Conveyance Spillway • Backfill and
Slide 8: Richmond Hill - 2026 metallurgical test work
Richmond Hill - 2026 metallurgical test work The metallurgical testing program is in progress and scheduled completion in Q3 2026, with staged testing and reporting milestones throughout. Metallurgical testing scope of work: • Ore Characterization & Preliminary Testing • Column Leach Testing • Commi
Slide 9: Richmond Hill – 2025 infill/expansion drilling
Richmond Hill RH25C-323 - 31.1m @ 2.19 g/t Au and 4.27 g/t Ag - incl 1.5m @ 17.35 g/t Au and 13.95 g/t Ag RH25C-319 – 2025 infill/expansion drilling - 47.6m @ 1.18 g/t Au and 4.47 g/t Ag • Drilling completed in December 2025 with final remaining results expected in coming weeks of 2026 for the progr
Slide 10: Richmond Hill – 2026 infill/expansion and Feasibility drill plan
Richmond Hill – 2026 infill/expansion and Feasibility drill plan • Total of 15,481 meters (50,790 feet) of drilling in 109 holes Northern Exp • 10-Year Mine Plan OSA o 6,700 meters (22,040 feet) 10-Year Mine Plan o Infill drilling within the 10-Year mine plan to convert inferred to measured and indi
Slide 11: Richmond Hill - Feasibility trade-off studies
Richmond Hill - Feasibility trade-off studies • Mining and Stacking Tonnage Rates o IACF 30,000 tpd versus 60,000 tpd optimized mining throughput and stacking rate to maximize ounce profile, cash flow, LOM timeline, and overall project financials Conveyor Stack o Crushing and stacking rates will dri
Slide 12: Richmond Hill - Location and infrastructure
Richmond Hill Dakota Gold Project Map - Location and JB Gold Zone infrastructure Unionville Zone Location: Richmond Hill Proposed Powerline • Project 15-minute drive from 3 km north of Maitland Wharf headquarters in Lead Existing Powerline Labor: • South Dakota provides access to labor for Access ro
Slide 13: Richmond Hill – Timeline to production
Richmond Hill – Timeline to production 2026 2027 2028 2029 2030 Pre-Feasibility Study (PFS) / Feasibility Study (FS) Baseline Data Collection Permitting - County Conditional Use Permit - Mine Permit – SD DANR Notice of Intent Engineering & EPCM Construction 1 Production 1. See news release Feb 6, 20
Slide 14: Maitland Gold Project - High-grade exploration optionality
Maitland Gold Project - High-grade exploration optionality Gold bearing Homestake Formation (red to blue; shallow to deep) Mined out ore bodies (Precambrian Au) Projected to the surface Gold Mineralization in Ledges DC Precambrian Au drill hole intercepts Projected to the surface Maitland Project Ho
Slide 15: Maitland – Unionville Zone long section
Maitland – Unionville Zone long section MAITLAND – UNIONVILLE ZONE LONG SECTION VIEW LOOKING EAST 2026 maiden resource infill drill campaign location A Untested Area Untested Area A’ • Modeled mineralization zone A with drillhole pierce points A’1500 m EL and grade-thickness contours Grade – Thickne
Slide 16: Opportunity for Increased Valuation
Opportunity for Increased Valuation • Opportunity for $EV/oz valuation to increase as Richmond Hill advances through Feasibility Study and into Production. 2026E 100 kozpa as EV (US$M) Developer $EV/oz EV Company Prod'n % of per $531 (US$M) (AuEq koz) production 100kozpa Alamos Gold $15,438 643 16%
Slide 17: Dakota Gold NYSE American: DC
Dakota Gold Senior Management & Board Own ~11% Jan 1, 2025 - Feb 13, 2026 Dakota Gold +165% Spot Gold +92% NYSE American: DC Alignment with Shareholders Performance S&P 500 +16% CAPITAL STRUCTURE (in millions) (Sep 30, 2025)1 Shares Outstanding 1 125.2 Robert Quartermain, 6.4% Stock Options 5.0
Slide 18: Dakota Gold – A unique investment opportunity
Dakota Gold Dakota Gold, NYSE – A unique investment opportunity American: DC is a • Gold and Silver prices and demand at record highs during a time of production deficits unique investment • Leadership team with track record success opportunity for exposure to a U.S. • Advancing the Richmond Hill Go
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