---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-066150"
form_type: "8-K"
ticker: "DC"
cik: "0001852353"
company_name: "Dakota Gold Corp."
filed_at: "2025-07-07T23:59:59+00:00"
generated_at: "2026-05-18T09:20:27.369982+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Dakota Gold Richmond Hill IACF: $1.6B after-tax NPV5%, 55% IRR at base-case $2,350/oz gold

## Summary
- M&I plan: 168.3 Mt at 0.566 g/t Au, 2.6M oz gold produced over 17 years; MI&I plan: 273.7 Mt at 0.530 g/t Au, 3.9M oz over 28 years.
- Initial capital cost $384M (incl. $53M contingency); LOM AISC $1,047/oz (M&I) and $1,050/oz (MI&I).
- At $3,350/oz gold, after-tax NPV5% rises to $2.9B (M&I) and $3.7B (MI&I), with IRRs of 99% and 107%.
- Feasibility study targeted for early 2027, construction in 2028, production by 2029; 24,384m drill program underway.
- Non-binding $300M financing proposal from major shareholder Orion Mine Finance available to fund development.

## SEC filing metadata
- accession: 0001104659-25-066150
- form_type: 8-K
- ticker: DC
- cik: 0001852353
- company_name: Dakota Gold Corp.
- filed_at: 2025-07-07T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1852353/000110465925066150/0001104659-25-066150-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1852353/000110465925066150/tm2518672d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-066150
- JSON: https://secwatch.observer/filing/0001104659-25-066150.json
- Plain text: https://secwatch.observer/filing/0001104659-25-066150.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.