Lead, South Dakota--(Newsfile Corp. - November 21, 2023) - Dakota Gold Corp. (NYSE American: DC) ("Dakota Gold" or the "Company") wishes to correct an error in reporting the gold assay in drill hole RH23C-059 announced on November 21, 2023 at 5:30am EST. The November 21, 2023 news release reported an interval of 1.809 oz/ton Au over 7.3 feet (62.02 grams/tonne over 2.2 meters) within a larger interval of 0.711 oz/ton Au over 19.5 feet (24.38 grams/tonne over 5.9 meters). The corrected interval is:

Drill hole RH23C-059 intersected 0.575 oz/ton Au over 7.3 feet (19.73 grams/tonne over 2.2 meters) within a larger interval of 0.249 oz/ton Au over 19.5 feet (8.55 grams/tonne over 5.9 meters). (Table 1 and Figure 1 and 2)

The error resulted from an incorrect conversion of two high-grade values which did not impact any of the other results in the previous news release. The drill results for hole RH23C-059 remain the highest-grade intercept to date at Richmond Hill. The five other drill hole assays included in the news release on November 21, 2023; RH23C-018, RH23C-019, RH23C-054, RH23C-055, and RH23C-056, are unchanged.

The complete corrected news release follows:

LEAD, SOUTH DAKOTA - Dakota Gold Corp. (NYSE American: DC) ("Dakota Gold" or the "Company") is pleased to report assays from an additional six drill holes from the Richmond Hill Gold Project ("Richmond Hill") in South Dakota. see & read more on
https://www.newsfilecorp.com/release/188337/Dakota-Gold-Corp.-Issues-Correction-to-November-21-2023-News-Release-Announced-Earlier-Today