Form 8-K

8-K — Dakota Gold Corp.

Accession: 0001104659-26-088217

Filed: 2026-07-29

Period: 2026-07-24

CIK: 0001852353

SIC: 1000 (METAL MINING)

Item: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

Item: Regulation FD Disclosure

Item: Financial Statements and Exhibits

Documents

8-K — tm2621534d1_8k.htm (Primary)

EX-99.1 — EXHIBIT 99.1 (tm2621534d1_ex99-1.htm)

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date

of Report (Date of earliest event reported): July 24, 2026

DAKOTA

GOLD CORP.

(Exact name of registrant as specified in its charter)

Delaware

001-41349

85-3475290

(State or other jurisdiction of

incorporation)

(Commission

File Number)

(I.R.S. Employer

Identification No.)

106

Glendale Drive, Suite A

Lead, South Dakota, United States 57754

(Address of principal executive offices) (Zip Code)

(605) 906-8363

(Registrant's telephone number,

including area code)

Check the appropriate box below if the Form 8-K

filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨ Written communications pursuant

to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to

Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications

pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications

pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of

the Act:

Title

of each class

Trading

Symbol(s)

Name

of each exchange on which registered

Common

Stock, par value $0.001 per share

NYSE American LLC

Indicate by check mark whether the registrant

is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2

of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging

growth company x

an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying

with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers;

Compensatory Arrangements of Certain Officers.

Departure of Chief Executive Officer

On July 24, 2026, Dr. Robert Quartermain, Chief

Executive Officer, Director, and Board Co-Chair of Dakota Gold Corp. (“Dakota Gold” or the “Company”), notified

the Board of Directors of the Company of his retirement from his role as Chief Executive Officer, effective August 18, 2026. Dr. Quartermain

will continue in his roles as Director and Board Co-Chair. The Company thanks Dr. Quartermain for his service as the Chief Executive Officer,

wishes him success in his retirement, and looks forward to his continued engagement as a Director and Co-Chair of the Board of Directors.

Appointment of Chief Executive Officer and

Director

On July 27, 2026, the Board of Directors of the

Company appointed Jack Henris to serve as the Company’s Chief Executive Officer, effective as of August 18, 2026. Also on July 27,

2026, Mr. Henris was appointed by the Board of Directors as a director of the Company, effective August 18, 2026.

Mr. Henris, age 63, has more than 35 years of

experience in the mining industry and is a graduate of the South Dakota School of Mines and Technology with a Bachelor’s Degree

in Geological Engineering. Since June 1, 2025, he has served as the Company’s President and Chief Operating Officer. Prior to joining

Dakota Gold, Mr. Henris was Chief Operating Officer for Hycroft Mining in Winnemucca, Nevada from January 2021 to March 2022. In addition,

his mining experience includes General Manager, Mine Manager, and Chief Mine Engineer roles with Newmont Mining in Northeastern Nevada

and Colorado for 12 years (August 2005 – September 2017), Senior Mining Consultant with Stantec in Chandler, Arizona (December 2019

– January 2021) and Vice President of Mining and Geotechnical for Goldcorp in Vancouver, British Columbia, Canada (December 2017

– April 2019). Prior to that, Mr. Henris worked for Barrick in Northeastern Nevada at the Goldstrike Mine for nine years (September

1995 – March 2004), advancing through senior operations and technical roles. During his time at both Newmont and Barrick, Mr. Henris

gained design and operational experience with open pit oxide heap leach developments. Also, Mr. Henris worked for Homestake Mining Company

for eight years (August 1987 – September 1995), including five years at the Open Cut in Lead, South Dakota and additional exploration

and technical roles in Nevada and South Dakota.

In his new role as Chief Executive Officer, Mr.

Henris’s compensation includes the following (i) an annual base salary of $360,000, to be evaluated annually by the Board of Directors

(or a committee thereof); (ii) an annual discretionary bonus of 75% of his base salary upon the attainment of one or more pre-established

performance goals established by the Board of Directors or its Compensation Committee, and (iii) long-term incentive compensation of at

least $630,000, subject to vesting conditions as determined by the Board of Directors or its Compensation Committee.

As an employee of the Company, Mr. Henris is not

an independent director and therefore will not serve on any committees of the Board of Directors or receive compensation for his service

as a director of the Company.

There are no arrangements or understandings between

Mr. Henris and any other persons pursuant to which Mr. Henris is appointed as Chief Executive Officer or as a director of the Company.

Mr. Henris does not have any family relationships with any of the Company’s directors or executive officers and has no direct or

indirect material interest in any transaction or proposed transaction required to be disclosed under Item 404(a) of Regulation S-K.

Item 7.01 Regulation FD Disclosure

On July 29, 2026, the Company issued a press release

announcing the foregoing updates. A copy of such press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is

incorporated herein by reference.

In accordance with General Instruction B.2 of

Form 8-K, the information set forth in this Item 7.01 and in the press release is deemed to be “furnished” and shall not be

deemed to be “filed” for purposes of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and

shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended,

or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

Item 9.01 Financial Statements and Exhibits

(d)        Exhibits

Exhibit No.

Description

99.1

Press Release, dated July 29, 2026

104

Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURE

Pursuant to the requirements

of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned

hereunto duly authorized.

DAKOTA GOLD CORP.

/s/ Shawn Campbell

Name:

Shawn Campbell

Title:

Chief Financial Officer

Date: July 29, 2026

EX-99.1 — EXHIBIT 99.1

EX-99.1

Filename: tm2621534d1_ex99-1.htm · Sequence: 2

Exhibit 99.1

July 29, 2026

News Release 26-11

Dakota Gold announces leadership

changes as it advances its Richmond Hill Gold Project

LEAD, SOUTH DAKOTA – Dakota Gold Corp.

(NYSE American: DC) (“Dakota Gold” or the “Company”)

is pleased to announce leadership changes designed

to support the Company’s next phase of growth as it advances the Richmond Hill Gold Project (“Richmond Hill” or the

“Project”) through development and toward production. Dr. Robert Quartermain, C.M., will retire as Chief Executive Officer

(CEO) on August 18, 2026, after serving in the role since November 2024. Dr. Quartermain will continue to provide leadership and strategic

guidance as Co-Chair and Director of Dakota Gold’s Board of Directors. Jack Henris, who joined Dakota Gold a year ago as President

and Chief Operating Officer (COO), will assume the role of CEO upon Dr. Quartermain’s retirement.

“Since assuming the role of CEO in November

2024, Dakota Gold has achieved meaningful progress in advancing Richmond Hill to pre-feasibility stage and has secured the funding required

to execute its planned programs through 2028. These were my two primary objectives when I assumed the role as CEO,” commented Dr.

Quartermain. “As Dakota Gold’s largest shareholder, I remain highly supportive of Mr. Henris and the leadership team as they

continue to advance Richmond Hill along its development path. I am excited about Dakota Gold’s opportunities in the Homestake District,

particularly at a time of strong gold prices and increasing investor awareness.”

Stephen O’Rourke, Co-Chair of Dakota Gold’s

Board of Directors, commented, “On behalf of the Board, we thank Dr. Quartermain for stepping into the CEO role and helping position

Dakota Gold for its next stage of growth. Under his leadership, the Company strengthened its financial position, reporting $107 million

in cash in its March 2026 financial statements, while he worked closely with Mr. Henris to build the team required to execute on our Richmond

Hill development plans. We look forward to Dr. Quartermain’s continued guidance and insight as Co-Chair and Director, as Mr. Henris

and the leadership team advance the Company’s strategy.”

“I am delighted to assume the role of CEO

and to be supported by such a highly capable team at such an important and exciting time for Dakota Gold,” said Jack Henris, President

and COO. “Having started my career at the Homestake Mine in 1987, I have a deep appreciation for the district and the opportunity

in front of us. With Richmond Hill, Dakota Gold has the potential to responsibly develop what could become the largest gold-producing

mine in South Dakota. I look forward to continuing to work with Dr. Quartermain in his role on the Board, where his geological insights

will be instrumental as we seek to identify additional value across our Maitland Gold Project and broader land position as the largest

mineral land holder in the Homestake District.”

To further support Mr. Henris in his role as CEO

and strengthen Dakota Gold’s development-focused leadership structure, Shawn Campbell will be appointed Chief Development Officer,

with responsibility for ongoing shareholder engagement and sourcing construction financing for the development of Richmond Hill. Amy Koenig

will continue in her role as SVP, Chief Legal Officer and Corporate Secretary. Drawing on her previous regulatory and litigation experience

at Black Hills Energy (NYSE: BKH), Ms. Koenig will also manage the Company’s permitting processes as Dakota Gold prepares to file

its large-scale mine permit later this year.

About Dakota Gold Corp.

Dakota Gold is a responsible exploration and development

company advancing the Richmond Hill Gold Project toward production as soon as 2029, while continuing to define and expand the high-grade

underground gold resource potential at the Maitland Gold Project. Both projects are located on private land within the historic Homestake

District of South Dakota, one of the most prolific gold mining regions in the United States.

Subscribe to Dakota Gold’s e-mail list

at www.dakotagoldcorp.com to receive the latest news and other Company updates.

Shareholder and Investor Inquiries

For more information, please contact:

Jack Henris

President and COO

Tel: +1 605-717-2540

Shawn Campbell

Chief Financial Officer

Tel: +1 778-655-9638

Carling Gaze

VP of Investor Relations and Corporate Communications

Tel: +1 605-679-7429

Email: info@dakotagoldcorp.com

Forward-Looking Statements

This communication contains forward-looking statements

within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as

amended. When used in this communication, the words “plan,” “target,” “anticipate,” “believe,”

“estimate,” “intend,” “potential,” “will” and “expect” and similar expressions

are intended to identify such forward-looking statements. Any express or implied statements contained in this communication that are not

statements of historical fact may be deemed to be forward-looking statements, including, without limitation: our expectations regarding

additional drilling, metallurgy and modeling; our expectations for the improvement and growth of the mineral resources and potential for

conversion of mineral resources into reserves; completion of a pre-feasibility study, a feasibility study, and/or permitting; and our

overall expectation for the possibility of near-term production at the Richmond Hill project. These forward-looking statements are based

on assumptions and expectations that may not be realized and are inherently subject to numerous risks and uncertainties, which could cause

actual results to differ materially from these statements. These risks and uncertainties include, among others: the execution and timing

of our planned exploration activities; our use and evaluation of historic data; our ability to achieve our strategic goals; the state

of the economy and financial markets generally and the effect on our industry; and the market for our common stock. The foregoing list

is not exhaustive. For additional information regarding factors that may cause actual results to differ materially from those indicated

in our forward-looking statements, we refer you to the risk factors included in Item 1A of the Company’s Annual Report on Form 10-K

for the fiscal year ended December 31, 2025, as updated by annual, quarterly and current reports that we file with the SEC, which are

available at www.sec.gov. We caution investors not to place undue reliance on the forward-looking statements contained in this communication.

These statements speak only as of the date of this communication, and we undertake no obligation to update or revise these statements,

whether as a result of new information, future events or otherwise, except as may be required by law. We do not give any assurance that

we will achieve our expectations.

All references to “$” in this communication

are to U.S. dollars unless otherwise stated.

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