Dakota Gold (NYSE-A: DC) is advancing its Richmond Hill project in South Dakota’s historical Homestake district towards a prefeasibility study within months and first production in three years, CEO Robert Quartermain says in a new video.
The company’s land package, about 360 km west of the state capital Pierre, totals about 194 sq. km with Richmond Hill’s site ownership a key attribute, Quartermain said.
“Because we’re on private land, it means we have a really good pathway to production targeting 2029,” Quartermain told The Northern Miner last week at the Vancouver Resource Investment Conference.
The Canadian Mining Hall of Fame member also gave an update on Hemlo Mining, where he is lead director. The current focus is on exploration and mill optimization to give the brownfields asset a new lease on life.
Watch below the full interview with The Northern Miner’s Western Editor, Henry Lazenby:
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