Dakota Gold Corp. Trade Ideas — AMEX:DC

Golden Opportunity: Dakota Gold (DC)Golden Opportunity: Dakota Gold (DC) Set to Shine with 19% Upside and Robust Project Economics Dakota Gold (DC) – Investment Idea Recommendation : Buy Target Price : $5.50 Stop-Loss : $4.20 Current Price : $4.63 Upside Potential to Target Price : +19% Company Overview Dakota Gold Corp. is a U.S.-based exploration and development company focused on unlocking the potential of the Homestake District in South Dakota - one of North America’s richest gold-producing regions, with cumulative historical production exceeding 40 million ounces of gold. The company’s key assets, including the Maitland and Richmond Hill projects, are located adjacent to the former Homestake Mine and benefit from existing infrastructure and strong local community support. Gold price dynamics are reigniting investor interest in early-stage development companies, which could drive renewed exploration and mining activity across the U.S. With gold prices near historical highs and ongoing feasibility studies, DC shares exhibit asymmetric upside potential over the next 12–18 months. Project advancement potential: Dakota Gold is approaching key milestones in resource expansion and permitting, laying the groundwork for future project execution. The project’s NPV is estimated at $1.6 billion, with an IRR of 55% at a gold price of $2,350/oz, and 99% at $3,350/oz. Low-cost heap-leach operations (AISC ~ $1,050/oz) support strong profitability. Attractive valuation: The stock trades at a substantial discount on an EV/M&I multiple basis relative to peers, implying significant re-rating potential as exploration results progress. Despite improving sector sentiment, DC shares have lagged behind other gold producers, creating a tactical entry opportunity ahead of key growth catalysts. Key Catalysts Feasibility Study (mid-2026) – Updated project design and financing parameters could drive a valuation re-rating. Drilling Updates at the Richmond Hill and Maitland deposits – potential for resource expansion. Permitting milestones expected in 2026–2027. Orion financing package ($300 million) – reduces development risk and signals strong institutional confidence. Recommendation : Buy Dakota Gold (DC) around $4.60 with a target price of $5.50 and stop-loss at $4.20. Entry near $4.50 offers an attractive risk/reward ratio of 2:1, consistent with the technical uptrend since April 2025.

Dakota Gold Corp. (DC) Thrives on Gold Market Strength Dakota Gold Corp. (DC) is a gold exploration and development company focused on revitalizing the historic Homestake District in South Dakota. With a strong land position and modern exploration techniques, the company aims to unlock new gold resources in a region that has produced millions of ounces historically. Dakota Gold’s growth is fueled by rising gold demand, a favorable mining jurisdiction, and the potential for large-scale discoveries in a proven district. On the chart, a confirmation bar with rising volume highlights bullish momentum. The price has entered the momentum zone after breaking above the .236 Fibonacci level. A trailing stop can be set just below this Fibonacci line using the Fibonacci snap tool, helping traders secure profits while allowing room for continued upside potential.

Dakota Gold (DC) bullishly testing final resistance level Dakota Gold (DC) appears to be ready for a big breakout, testing the final remaining resistance level at 4.51. Bullish ABC continuation pattern shows a C-D leg full measured move to ~5.50. things I like: - US company, jurisdiction, and listing (NYSE Arca) - 40M+ cash, no debt - junior miner in mining friendly SD jurisdiction (and on private land, easier for permitting) - excellent CEO (with two previous major successes) - 1st project (dev) ~10M oz Au equiv. - $2.4B NPV @ $2950 Gold (Production in 2029) -->1.2B market cap? (conservative SWAG) - 2nd project (exploration phase) --> potential 60% add'l ? These all appear to be ingredients for a (very conservative) longer term share price north of $10, with significantly higher potential depending on where gold goes and exploration outcome of their 2nd project

Dakota Gold Corp. (DC) Benefits From Gold Rally Dakota Gold Corp. (DC) is a gold exploration and development company focused on revitalizing historic mining districts in South Dakota, particularly the Homestake District. With a strong land position and modern exploration techniques, Dakota Gold aims to unlock high-potential resources in a proven gold-rich region. The company’s growth is driven by rising gold prices, increasing investor interest in U.S.-based mining, and the potential for significant new discoveries. On the chart, a confirmation bar with increasing volume signals growing momentum. The price has entered the momentum zone after breaking above the .236 Fibonacci level. A trailing stop can be placed just below this level using the Fibonacci snap tool to protect gains while keeping exposure to further upside.

Dakota Gold - DC - Breakout and strong buy on significant news Technicals should speak for themselves. Plenty of room to the upside here, even more so with gold flexing its muscle more than ever. Dakota Gold Reports Significant Heap Leachable Gold at Richmond Hill Totaling 3.65 Million Ounces of Measured and Indicated Mineral Resources Lead, South Dakota--(Newsfile Corp. - February 6, 2025) - Dakota Gold Corp. (NYSE American: DC) ("Dakota Gold" or the "Company") is pleased to announce its S-K 1300 Initial Assessment ("Initial Assessment" or "Report") has outlined a robust resource1 focused on heap leachable material at the Richmond Hill Oxide Heap Leach Gold Project ("Richmond Hill" or "Project") in South Dakota that will provide a pathway to near term production. Highlights: The 3.65 million ounce measured and indicated ("M&I") heap leachable resource will inform the Initial Assessment with Cash Flow ("IACF") planned for release mid-2025. The IACF will outline a potential at surface heap leach operation similar to Coeur Mining's profitable Wharf Mine located 5 km to the south of Richmond Hill. Additionally, the Report has identified a heap leachable inferred resource of 2.61 million ounces. Mineralization is shallow with portions of the resource exposed at or near surface. Major factors informing this resource include additional infill and step-out drilling, analysis of the drilling data, additional metallurgical test work to refine the geometallurgical domains, and evaluation of alternative process methods - notably, heap leach of oxide and appropriate transition zones. Silver was also included in the updated resource. The heap leachable resource remains open to the north and in the southeast area of Richmond Hill. Both areas are currently in the process of being permitted for 2025 drilling with the goal of expanding the resource with material amenable to heap leaching. Additionally, drilling is planned to begin converting resource to reserves and gathering additional metallurgical data. Complimenting the heap leachable resources, the Report has also identified significant milled resources and outlines a combined heap leach and milled M&I resource of 4.64 million ounces and combined heap leach and milled inferred resource of 5.06 million ounces noted in Table 2. The additional milled material provides long-term optionality for the Project. Barrick Gold has agreed to extend the option period for the Richmond Hill option and the Homestake option agreements until December 31, 2028 in return for additional annual payments of $170,000 and $340,000 respectively. The first of these payments are due March 1, 2026. Dr. Robert Quartermain, Co-Chair, President, and CEO of Dakota Gold said, "The heap leachable resource we have identified at Richmond Hill is transformational for Dakota Gold and forms the platform from which we can grow and expand our mining and exploration activities in the Homestake District. In less than three years since commencing drilling, we have outlined a significant near-surface heap leachable resource that we expect to advance through economic studies to Feasibility, and into commercial production as soon as 2029, based on our current work and project understanding. The Project has significant advantages as it is located on private land, in an area that has existing infrastructure and is a 15-minute drive from our headquarters in the city of Lead. We expect these factors to be greatly beneficial in reducing both construction costs and timelines to potential production. We also expect that the Project has potential to generate significant free cash flow once in production, which benefits all stakeholders including our shareholders, local communities and the State of South Dakota." James Berry, VP Exploration commented, "The results of the new resource for Richmond Hill have exceeded our expectations and showcase the extent and quality of the Project mineralization. The step-out drilling incorporated in this update was very successful as evidenced by the expanded resource. Drilling encountered gold mineralized material in nearly every hole and also encountered higher silver grades than those in the other areas of the resource. We look forward to doing follow up drilling in the northeastern portion of the Project as well as the other target areas outlined in the Report in anticipation of a further resource expansion in 2025." Resource Overview: The oxide dominant resource announced today has been significantly upgraded from the maiden Initial Assessment resource ("maiden resource") reported previously in April 2024. In the maiden resource at Richmond Hill, the oxide resource was 60% inferred and had no measured resources. In today's resource update, the leach resource is almost 60% measured and indicated, split roughly equally, and this higher confidence level represents a positive step towards feasibility study stage, and de-risking the Project. The resource is informed by a historical database containing 56,734 gold assays from 902 drill holes totaling 90,447 meters of drilling, and an additional 30,743 gold assays from 146 drill holes totaling 45,540 meters of drilling by Dakota Gold since 2022 to expand the resource. With the new resource completed, work has begun on the IACF expected mid-2025 and is focused on areas where the resource contained higher-grade heap leach material. Dakota Gold has contracted with M3, RESPEC, IMC and Woods Processing to undertake the necessary engineering and metallurgical studies currently in progress to advance from the IACF to initiating a full feasibility study in mid-2025. Concurrently the Company is undertaking baseline environmental studies that will inform future permitting requirements. Richmond Hill is expected to have economics similar to the adjacent Wharf Mine of Coeur Mining which is expected to generate over $100 million in free cash flow in 2024 from approximately 90,000 ounces of gold. The Richmond Hill Oxide Heap Leach Gold Project is located primarily on previously mined, private land and we believe we can advance the project expeditiously through permitting, development and into production. The non-binding financial proposal for up to $300 million for a development opportunity with Orion Mine Finance, our major shareholder, which was announced on October 12, 2023, could provide Dakota Gold with the financial pathway to a commercial gold operation. The Report will be published on the Company's website and filed by the Company with the Securities and Exchange Commission on EDGAR as an exhibit to its Current Report on Form 8-K dated February 6, 2025. The Report was prepared by an independent group of Qualified Persons under Independent Mining Company ("IMC") and Woods Processing. www.newsfilecorp.com AMEX:DC

Dakota Gold (NYSE: DC) Set for a Potential Breakout Dakota Gold Corp. (NYSE: DC) is making waves in the gold exploration sector, and recent developments suggest that the stock could be on the brink of a significant breakout. The company’s exploration efforts, particularly at the Maitland Gold Project, have yielded impressive results, positioning Dakota Gold as a promising player in the industry. In this article, we'll dive into the technical and fundamental aspects of DC, highlighting why this stock deserves your attention. Technical Overview: A Bullish Setup You Can’t Ignore Dakota Gold Corp. (DC) is currently exhibiting strong technical indicators that point to a bullish trend. The stock has solidified its support at $2.24, creating a robust base for potential upward movement. This support level has been tested multiple times, and the stock has consistently bounced back, demonstrating resilience and investor confidence. The next resistance level is pegged at $2.73. A break above this level could trigger a substantial rally, potentially propelling the stock to new highs. Currently trading above its 50-day Moving Average (MA), DC is showing signs of a bullish trend reversal. Historically, stocks that maintain this pattern tend to outperform in the subsequent months, and DC could be no exception. The Relative Strength Index (RSI) for DC is at 57.55, indicating that the stock is in a comfortable range. It’s avoiding overbought territory while maintaining upward momentum, suggesting that the stock is neither overstretched nor oversold. This balance offers a promising entry point for investors looking to capitalize on the stock’s growth potential. Further supporting the bullish outlook is the Moving Average Convergence Divergence (MACD) indicator, which currently stands at 0.0465. The MACD line crossing above the signal line is a classic indicator of bullish momentum, suggesting that DC’s price could continue to rise in the near term. A Strong Case for Long-Term Growth On the fundamental side, Dakota Gold Corp. has been making significant strides in its exploration efforts. Last week, the company announced a major breakthrough at the Unionville Zone of the Maitland Gold Project, where it intercepted 2.85 grams/tonne (g/t) of gold over 13.7 meters of Tertiary epithermal mineralization. This discovery is part of an ongoing drill program that has already confirmed the extension of the Unionville Zone strike to at least 2,000 meters, with the potential to extend further based on rock chip samples. These results are particularly exciting because they indicate the presence of both Tertiary epithermal gold mineralization and the potential for deeper, higher-grade mineralization. As Dakota Gold continues to explore this area, the probability of encountering additional high-grade gold deposits increases, adding significant optionality and value to the company's portfolio. James Berry, Vice President of Exploration at Dakota Gold, has emphasized the importance of these findings, stating, “These results continue to confirm our belief that the Tertiary epithermal system at Maitland is comprised of multiple structures across a broad area extending over several kilometers. As we continue to explore this area for deeper Homestake Mine-Style gold mineralization targets, we expect to encounter additional higher-grade Tertiary epithermal mineralization at the same time.” Dakota Gold currently has four drills on site at its properties in the Homestake District of South Dakota. The Unionville Zone drilling is part of a broader exploration strategy that also includes testing for Homestake Mine-Style gold mineralization at the JB Gold Zone and infill and step-out drilling at the Richmond Hill Gold Project. Market Dynamics and Growth Prospects The broader gold market is also playing a crucial role in DC’s potential. With gold prices showing bullish momentum, driven by a weaker U.S. dollar and declining U.S. yields, the metal's role as a safe-haven asset is being reinforced. This macroeconomic backdrop creates a favorable environment for gold exploration companies like Dakota Gold. As the company continues to expand its exploration activities in the Black Hills region, it’s well-positioned to capitalize on rising gold prices. With several high-potential targets identified for drilling, Dakota Gold is on track to increase its resource base, which could lead to substantial long-term growth. Furthermore, Dakota Gold’s commitment to expanding its gold resources through aggressive drilling programs is a testament to its strategic vision. The ongoing projects in the Homestake District, including the Maitland and Richmond Hill properties, are expected to add significant value to the company’s portfolio. Conclusion Dakota Gold Corp. (NYSE: AMEX:DC )'s current technical setup suggests a bullish trend, with strong support levels and indicators pointing to potential upward movement. On the fundamental side, the company’s successful exploration efforts, particularly at the Maitland Gold Project, highlight its growth potential and strategic importance in the gold exploration sector. As gold prices continue to rise and Dakota Gold advances its exploration programs, DC is a stock to watch. Investors looking for exposure to the gold market with strong upside potential should consider adding Dakota Gold Corp. ( AMEX:DC ) to their portfolios.

Dakota Gold Corp.

Trade ideas