Dakota Gold (DC) gained by 3.91% today to $2.66 per share and is rapidly approaching its most important key breakout point of $2.90 per share.
When DC surpasses $2.90 per share in the coming days the upward move that occurs immediately afterwards could be very explosive.
NIA was only expecting DC to report a Richmond Hill gold resource estimate of approximately 1 million oz. DC reported a Richmond Hill gold resource estimate of 2.46 million oz!
For a small-cap gold explorer this is the #1 largest maiden gold resource estimate reported for a U.S. gold project in recent history. Only multi-billion-dollar gold miners like Newmont and AngloGold Ashanti have reported larger maiden gold resource estimates for U.S. gold projects in recent years.
DC's Richmond Hill gold project is directly adjacent to Coeur Mining's producing Wharf Gold Mine.
DC hasn't yet released a maiden gold resource estimate for their Maitland Gold Project directly adjacent to the historical Homestake Mine the #1 largest producing gold mine in U.S. history!
DC's Homestake District gold projects cover 48,000 acres surrounding the historic Homestake Mine, which produced 43.9 million+ oz of gold.
DC is the #1 highest quality gold exploration company listed on a major U.S. exchange.
The largest shareholder and Co-Chair of DC is Robert Quartermain who previously founded Pretium in 2010. After Pretium's $238 million IPO it defined an 8.5 million oz gold resource at Brucejack in British Columbia and developed Brucejack into Canada's 4th largest producing gold mine. Pretium was acquired in 2021 for US$2.8 billion.
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. NIA has received compensation from DC of US$30,000 cash for a three-month marketing contract. This message is meant for informational and educational purposes only and does not provide investment advice.