Infill and expansion drilling is one of three ongoing programs the company is pursuing.
Dakota Gold Corp. announced drill results from the initial seventeen holes of the largest ongoing infill drilling program to expand the inaugural resource at the Richmond Hill gold project.
Results from the infill drilling program will be incorporated into an updated SK 1300 Initial Assessment in the first quarter of 2025. The initial SK 1300 resource, which was announced on April 30, 2024, outlined an Indicated Resource of 51.83 million tons (Mt) at 0.80 grams per ton gold (g/t Au) for 1.33 million ounces and an Inferred Resource of 58.06 million tons (Mt) at 0.61 grams per ton gold ( g/t Au) for 1.13 million ounces.
James Berry, Vice President of Exploration, said they are very pleased to see that the initial results from our infill drilling program are adding ounces to our current SK 1300 resource.
Berry maintained that results to date show grades and widths consistent with drill holes in the original block model and support an expansion of gold mineralization, including surface oxide mineralization.
“We look forward to continuing our infill program in the other areas identified in our initial assessment for follow-up drilling,” he said.
Highlights:
- Initial results from infill drilling have found further gold mineralization in the central part of the Richmond Hill resource area, consistent with results reported in our initial resource. This drilling was performed in areas where the original resource block model contained breccias, supporting our belief that the initial resource could be significantly expanded with additional infill drilling.
Featured intersections include:
- RH24C-077 intercepted – 0.76 g/t Au over 24.4 meters
- RH24C-083 intercepted – 0.70 g/t Au over 13.8 meters
- RH24C-085 intercepted – 1.10 g/t Au over 17.9 meters
- RH24C-088A intercepted – 0.96 g/t Au at 41.5 meters
- RH24C-099 intercepted – 1.15 g/t Au over 51.7 meters
- The resource remains open in all directions and has potential for improvement with additional drilling, metallurgical work to improve recoveries and addition of silver to the resource. Up to this point, our 2024 program has focused on infill drilling. We continue to have significant opportunities to advance the expansion drilling currently underway at Richmond Hill.
- An updated SK 1300 resource estimate is planned for Q1 2025 and an initial assessment of SK 1300 with cash flow analysis is planned for Q2 2025. We expect to include an additional 88 new drill holes totaling 17,000 meters in the updated resource.
