(Kitco News) - Dakota Gold buoyed by a resurgence of interest in gold and holding the largest gold resource of any junior company in the United States, is strategically advancing its Richmond Hill Gold Project in South Dakota.
Robert Quartermain, Co-Chair, President, and CEO, shared insights in an interview at the 2025 PDAC in Toronto, highlighting the company's focus on completing assessments, feasibility studies, and its potential for mergers and acquisitions.
Gold's comeback
Gold has returned to the forefront of the U.S. news cycle, sparking discussions about potential audits of U.S. gold inventories at Fort Knox and the possibility of a new gold standard. Quartermain told Kitco Mining, "Gold is on the agenda in the U.S., perhaps it hasn't been in years before."
He emphasized gold's enduring role as a store of value, with central banks, particularly the Chinese bank, continuing to accumulate it.
Richmond Hill project
Dakota Gold's Richmond Hill property benefits from being on private land in South Dakota. Quartermain explained, "So, therefore, our pathway to production is along the state requirements."
This offers advantages in navigating regulatory processes compared to projects on public lands.
The company issued a resource statement in early February of more than 6 million ounces in all categories. Quartermain noted that Dakota Gold has "the largest gold resource held by a junior company in the United States, and particularly on private land, at a time when we're seeing all-time gold prices."
Expedited permitting
The election of Donald Trump had raised expectations for expedited permitting of mining projects. While acknowledging it as aspirational, Quartermain stressed the importance of streamlining the regulatory process.
"Anything that we can get back to that kind of timeline... If there can be legislative changes made that can help assist and move the cadence along with respect to that timeline and the statutory decision makers, I think it's good."
Special thanks to our sponsors, GoldMining Inc., UEC & URC for making this coverage possible.
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