SlideShare a Scribd company logo
1 of 22
Download to read offline
High‐Grade Gold │ Post‐PEA │ Low‐Risk Jurisdiction  │ Low Capex│ July 8, 2014
A preliminary short form prospectus containing important information relating to the securities of the Company described in this
document has not yet been filed with the securities regulatory authorities in each of the provinces of Canada, other than QuĂŠbec. A
copy of the short form preliminary prospectus is required to be delivered to any investor that received this document and expressed an
interest in acquiring the securities. There will be no sale or any acceptance of an offer to buy securities of the Company until a receipt
for the final short form prospectus has been issued. This document does not provide full disclosure of all material facts relating to the
securities offered. Investors should read the preliminary short form prospectus, final short form prospectus and any amendment, for
disclosure of those facts, especially risk factors relating to the securities offered, before making an investment decision.
2
FORWARD‐LOOKING INFORMATION AND QUALIFIED PERSON
2
This presentation contains “forward looking information” which may include, but is not limited to, statements with respect to the future financial or operating performance of
the Company and its subsidiaries (collectively, “Dalradian”) and its mineral projects, the future price of metals, the estimation of mineral resources, the realization of mineral
resource estimates, the timing and amount of estimated future production, costs of production, capital, operating and exploration expenditures, costs and timing of the
development of new deposits, costs and timing of future exploration, requirements for additional capital, government regulation of mining operations, environmental risks,
reclamation expenses, title disputes or claims, limitations of insurance coverage and the timing and possible outcome of pending regulatory matters. Often, but not always,
forward looking statements can be identified by the use of words and phrases such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”,
“intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or state that certain actions, events or results “may”, “could”,
“would”, “might” or “will” be taken, occur or be achieved.
Forward looking statements are based on the opinions and estimates of management as of the date such statements are made and are based on various assumptions such as
the continued political stability in Northern Ireland, that permits required for Dalradian’s operations will be obtained on a timely basis in order to permit Dalradian to proceed on
schedule with its planned exploration and development programs, that skilled personnel and contractors will be available as Dalradian’s operations continue to grow, that the
price of gold will be at levels that render Dalradian’s mineral projects economic, that the Company will be able to continue raising the necessary capital to finance its operations
and realize on mineral resource estimates and current mine plans and that the assumptions contained in the Company’s Technical Report and PEA (both as defined herein) are
accurate and complete.
Forward looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Dalradian to
be materially different from any future results, performance or achievements expressed or implied by the forward looking statements. Such factors include, among others,
general business, economic, competitive, political and social uncertainties; the actual results of current and future exploration activities; the actual results of reclamation
activities; conclusions of economic evaluations; changes in project parameters and/or economic assessments as plans continue to be refined; future prices of metals; possible
variations of mineral grade or recovery rates; the risk that actual costs may exceed estimated costs; failure of plant, equipment or processes to operate as anticipated; accidents,
labour disputes and other risks of the mining industry; political instability; delays in obtaining governmental approvals or financing or in the completion of development or
construction activities, as well as those factors discussed in the section entitled “Risk Factors” in the Company’s Annual Information Form for the year ended December 31, 2013
dated March 25, 2014 (the “AIF”) .
Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward looking
statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Forward looking statements contained
herein are made as of the date of this presentation and the Company disclaims any obligation to update any forward looking statements, whether as a result of new
information, future events or results, except as may be required by applicable securities laws. There can be no assurance that forward looking statements will prove to be
accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward
looking statements.
Certain technical data in this presentation was taken from the technical report entitled “Curraghinalt Gold Deposit, Northern Ireland, Mineral Resource Estimate Update NI 43‐
101 Technical Report” dated May 30, 2014 and prepared by Tim Maunula, P.Geo., B. Terrence Hennessey, P.Geo., Barnard Foo, P.Eng., Bogdan Damjanovi, P.Eng., André
Villeneuve, P.Eng. and Christopher Jacobs, CEng MIMMM (the “Technical Report”) and from the technical report entitled “A Preliminary Economic Assessment of the
Curraghinalt Gold Deposit, Tyrone Project, Northern Ireland” dated September 6, 2012 and prepared by B. Terrence Hennessey, P.Geo., Mr. Barnard Foo, P.ENG., Mr. Bogdan
Damjanovic, P.ENG, Mr. Andre Villeneuve, P.ENG., and Mr. Christopher Jacobs, CEng MIMMM of Micon International Limited (the “PEA”), and is subject to all of the
assumptions, qualifications and procedures described therein.
Mineral resources that are not mineral reserves do not have demonstrated economic viability. The PEA is preliminary in nature. It includes inferred mineral resources that are
considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves. There is no
certainty that the results of the PEA will be realized.
Michele L. Cote, MSc., P. Geo., VP Exploration, Dalradian Resources Inc., is the Qualified Person who supervised the preparation of the exploration technical data in this
presentation. The exploration data was based on the procedures described in the Company’s Technical Report and is subject to all of the assumptions, qualifications and
procedures described therein.
3
BUILDING A PROFITABLE IRISH GOLD PRODUCER
 Curraghinalt deposit ranked #7 by grade of more than 
500 undeveloped deposits globally1
 Move high‐margin, low capex project quickly towards production
 Numerous milestones during 2014 as drilling, underground program and 
updated economic study move forward
1
Ranking by Natural Resource Holdings, based on 2012 data
CURRAGHINALT DEPOSIT
5
 Our flagship asset: Curraghinalt high‐grade lode gold deposit
 Excellent regional infrastructure
 Over 84,000 hectares under license
Gold
Base Metals
Other
Gortin
Omagh
Curraghinalt
BELFAST
N O R T H E R N
I R E L A N D
Galantas
Gold
Conroy
Diamonds
& Gold
Lonmin
Irish Salt
Mining
Underground
Salt Mine
Clontibret
Croagh Patrick
Parys Mountain
Gwynfynydd
Galmoy Avoca
Pallas Green
Silvermines
South Crofty
Curraghinalt Gold
Deposit
Allihies Copper 
Mines
Galantas Gold
Previous open pit producer; 
permitting underground
Scotgold
Permitted
Vedanta Resources
In production
Boliden
In production
IMC Exploration
Gold exploration
Lundin
Previous producer
Conroy
Gold exploration
Lisheen
Cononish
Tara
Cavanacaw
Xstrata
Feasibility
Gold Mines of Wales
Exploration
Clogau
LONDON
Wolf Minerals
Tungsten Developer
METAL PROJECTS IN IRELAND & THE UK1
1 Status of properties in which Dalradian does not have an interest has been sourced from 
public disclosure.
6
CURRAGHINALT RESOURCE
 Resource covers a fraction 
of 12 km trend
 High‐grade gold resource1
 Measured: 
0.02 MT grading 20.15 g/t Au 
for 15,100 contained ounces
 Indicated:  
2.98 MT grading 10.34 g/t Au 
for 989,000 contained ounces
 Inferred:  
8.01 MT grading 9.67 g/t Au 
for 2.49 million contained ounces
 Positive PEA shows a high margin 
and low capex producer2
1 Refer to Technical Report
2 Refer to PEA. Please see cautionary statements in Forward Looking Information (slide 2)
7
DRILL PROGRAM
 Since 2010, we have proven our understanding of 
Curraghinalt by growing the resource 5‐fold over 3 updates
 Infill drilling to begin soon
 Deposit is open in all directions
 Veins are continuous so drilling along 
strike has good potential to expand resource
8
OROGENIC VEIN SYSTEM
PATH TO PRODUCTION
10
PATH TO PRODUCTION
1
Prove economics of 
Curraghinalt deposit
2
Permit 
a mine
3
Finance 
construction
11
PEA SHOWS STRONG ECONOMICS
KEY PEA DATA*
3 YEAR TRAILING AVERAGE
GOLD PRICE:
$1,378/ounce
5 YEAR TRAILING AVERAGE 
GOLD PRICE:
$1,166/ounce
NPV with 8% discount rate (After‐tax) $467 million $331 million
IRR (After‐tax) 41.9% 33.4%
Average Annual Production 145,000 ounces/year
Processing Rate 1,700 tonnes/day
Life of Mine 15 years
Initial Capex ($38M contingency) $192 million
Cash Costs $532/ounce or $125/tonne
Diluted Grade 8.1 g/t Au
Gold Recovery 92%
Payback 2 years**
At $814 gold price (10‐year trailing average), after‐tax IRR of 20.2%
* Prepared by Micon International Limited. PEA results released on July 25, 2012. Mineral resources that are not mineral reserves do not have demonstrated economic viability. The PEA is preliminary in nature. The updated 2014 resource 
estimate does not invalidate the conclusions of the PEA, which is based on the November 2011 mineral resource estimate.  It includes inferred mineral resources that are considered too speculative geologically to have the economic 
considerations applied to them that would enable them to be categorized as mineral reserves.  There is no certainty that the results of the PEA will be realized. All dollars quoted in $ USD unless stated otherwise. 
** Based on 3 year trailing average gold price of $1,378/ounce
12
UG BULK SAMPLE TO FURTHER PROVE ECONOMICS
DALRADIAN HAS RECEIVED 
PLANNING PERMISSION TO 
COMPLETE UP TO 2,000m 
OF UNDERGROUND 
EXPLORATION AND BULK 
SAMPLING IN ORDER TO:
 Extend the existing adit
to intersect further 
veining
 Drift along exposed 
veins
 Establish 10 
underground diamond 
drill bays on strike
 Remove a large bulk 
sample
Proposed Tunnel 
Extensions at 170 m 
Level
Existing 
Exploration 
Tunnel
T17 Vein
No1 Vein
106‐16 Vein
V75 Vein
Bend Vein
Crow Vein
Proposed No. 1 Vein 
Development at 170m Level
Proposed T17 Vein 
Development at 170m 
Level
5 Drill bays 
west
5 Drill bays east
13
UNDERGROUND EXPLORATION PROGRAM GOALS
 Demonstrate continuity of thickness and 
grade of mineralized veins
 Convert inferred mineral resources to 
measured and indicated
 Test mining techniques
 Investigate geotechnical and 
hydrogeological conditions
 Produce a bulk sample for 
metallurgical test work
 Advance the permitting process
ROAD
SHEEPDIP
MULLAN
T17
No. 1
106_16
BEND
CROW
V75FW
EXISTING DEVELOPMENTPLANNED  DEVELOPMENT SOUTH
Cross‐section through proposed development,
looking west
PERMITTING
15
PERMITTING PROGRESS TO DATE
 Permitting process in Northern Ireland is 
thorough, but we have shown that 
permitting can be done in a timely manner
 Less than a year to permit underground 
bulk sample
 Transparent process: all stakeholder 
communications published on 
government website
 Strong social license: 
6:1 ratio of supporters 
to objectors for 
UG bulk sample 
 Regular community 
and government 
agency meetings; 
site visits for local and 
government groups
16
PERMITTING A MINE
 January 2011: EIA baseline 
data collection commenced
 Feasibility Study not 
required for EIA
 Main components are 
project description of mine 
and infrastructure and 
environmental statement
 Updated Economic Study 
in H2 2014 will provide 
project description
 Dealing with same 
departments that 
permitted UG exploration
and bulk sample program
FINANCING
18
FINANCING
 The projects that are financeable in the 
current market are:
 High grade
 Low capex
 Low‐risk jurisdiction
 We anticipate raising 
construction funding on the 
back of proving economics and 
mine permitting progress
19
THE BOARD: 
HAVE RAISED SIGNIFICANT FUNDS TO ADVANCE PROJECTS INTO MINES
PATRICK F. N. ANDERSON
CHIEF EXECUTIVE OFFICER
 Founder & Former CEO of Aurelian Resources
 ‘08 – PDAC International Mineral Discovery
 ‘08 – Northern Miner Man of the Year 
RONALD GAGEL
 CFO of TMAC Resources; Former CFO of FNX 
Mining and Aur Resources
 Director of Adriana Resources and Stonegate
Agricom
 Former board member of HudBay Minerals 
and Central Sun Mining
 ‘13 – PDAC Distinguished Service Award
THOMAS OBRADOVICH
CHAIRMAN 
 Founder & Former CEO of Young‐Davidson 
Mines
 Former Director of Aurelian Resources
SEAN ROOSEN
 Founder & CEO OF Osisko Mining Corporation
 Also Director of Astur Gold
 ‘06 – Prospector of the Year ‐ Quebec
 ‘08 – Prospector of the Year ‐ Canada
 ‘09 – Northern Miner Man of the Year 
JONATHAN RUBENSTEIN
 Director of Eldorado Gold
 Director of Detour Gold
 Chairman & Director of MAG Silver
 Former Director of Aurelian Resources, 
Sutton Resources, Canico Resource and
Cumberland Resources
ARI SUSSMAN
 Founder & CEO of Continental Gold
 Raised over $500M in funding during 
15 years in the natural resources & 
investment sectors
GRENVILLE THOMAS
 Founder & Chairman of Strongbow
Exploration
 Founder & Former Chairman, President & 
Director of Aber Resources (Harry Winston 
Diamond) now Dominion Diamond
 ‘99 – PDAC Prospector of the Year 
 ‘01 – Northern Miner Man of the Year
 ‘09 – Canadian Mining Hall of Fame
MILESTONES
21
2014 MILESTONES
 Commencement of drilling
 Drill results (ongoing)
 Start‐up of underground 
program
 Metallurgical test results
 Hiring of mine planning and 
permitting team
 Updated economic study
22
Patrick F. N. Anderson
Chief Executive Officer
info@dalradian.com
416.583.5622
Trading Symbol:
DNA on TSX
Corporate Office:
Dalradian Resources Inc.
155 Wellington Street West
Suite 2920
Toronto, Ontario
Canada M5V 3H1
www.dalradian.com

More Related Content

What's hot

What's hot (20)

Equinox Gold Corporate Presentation
Equinox Gold Corporate PresentationEquinox Gold Corporate Presentation
Equinox Gold Corporate Presentation
 
Dalradian Corporate Presentation February 2018
Dalradian Corporate Presentation February 2018Dalradian Corporate Presentation February 2018
Dalradian Corporate Presentation February 2018
 
Equinox Gold Corporate Presentation
Equinox Gold Corporate PresentationEquinox Gold Corporate Presentation
Equinox Gold Corporate Presentation
 
Dalradian Investor Presentation August 6
Dalradian Investor Presentation August 6Dalradian Investor Presentation August 6
Dalradian Investor Presentation August 6
 
Equinox Gold Corporate Presentation
Equinox Gold Corporate PresentationEquinox Gold Corporate Presentation
Equinox Gold Corporate Presentation
 
Equinox Gold Corporate Presentation
Equinox Gold Corporate PresentationEquinox Gold Corporate Presentation
Equinox Gold Corporate Presentation
 
Dalradian Corporate Presentation April 2018
Dalradian Corporate Presentation April 2018Dalradian Corporate Presentation April 2018
Dalradian Corporate Presentation April 2018
 
Equinox Gold Corporate Presentation
Equinox Gold Corporate PresentationEquinox Gold Corporate Presentation
Equinox Gold Corporate Presentation
 
Equinox Gold Corporate Presentation
Equinox Gold Corporate PresentationEquinox Gold Corporate Presentation
Equinox Gold Corporate Presentation
 
Equinox Gold Corporate Presentation
Equinox Gold Corporate PresentationEquinox Gold Corporate Presentation
Equinox Gold Corporate Presentation
 
Equinox Gold Corporate Presentation
Equinox Gold Corporate PresentationEquinox Gold Corporate Presentation
Equinox Gold Corporate Presentation
 
Dalradian Corporate Presentation May 2018
Dalradian Corporate Presentation May 2018Dalradian Corporate Presentation May 2018
Dalradian Corporate Presentation May 2018
 
Dalradian Corporate Presentation September 2017
Dalradian Corporate Presentation September 2017Dalradian Corporate Presentation September 2017
Dalradian Corporate Presentation September 2017
 
Investor Presentation January 2015
Investor Presentation January 2015Investor Presentation January 2015
Investor Presentation January 2015
 
Equinox Gold Corporate Presentation
Equinox Gold Corporate PresentationEquinox Gold Corporate Presentation
Equinox Gold Corporate Presentation
 
Investor Presentation - November 2015
Investor Presentation - November 2015Investor Presentation - November 2015
Investor Presentation - November 2015
 
Osisko Gold Royalties - Corporate Presentation, September 2021
Osisko Gold Royalties - Corporate Presentation, September 2021Osisko Gold Royalties - Corporate Presentation, September 2021
Osisko Gold Royalties - Corporate Presentation, September 2021
 
BMO Capital Markets 28th Global Metals & Mining Conference
BMO Capital Markets 28th Global Metals & Mining ConferenceBMO Capital Markets 28th Global Metals & Mining Conference
BMO Capital Markets 28th Global Metals & Mining Conference
 
Cayden Resources Presentation
Cayden Resources Presentation Cayden Resources Presentation
Cayden Resources Presentation
 
American lithium investor presentation Jan 2022
American lithium   investor presentation Jan 2022American lithium   investor presentation Jan 2022
American lithium investor presentation Jan 2022
 

Similar to Dalradian presentation july 8 2014 final

Q4 Quarterly Update - December 2023 final.pdf
Q4 Quarterly Update - December 2023 final.pdfQ4 Quarterly Update - December 2023 final.pdf
Q4 Quarterly Update - December 2023 final.pdf
Probe Gold
 
Dalradian presentation april 10 2014 final
Dalradian presentation april 10 2014 finalDalradian presentation april 10 2014 final
Dalradian presentation april 10 2014 final
DalradianResource
 
Dalradian corporate presentation july 2013
Dalradian corporate presentation july 2013Dalradian corporate presentation july 2013
Dalradian corporate presentation july 2013
DalradianResource
 

Similar to Dalradian presentation july 8 2014 final (20)

Dalradian Presentation February 2015
Dalradian Presentation February 2015Dalradian Presentation February 2015
Dalradian Presentation February 2015
 
Dalradian presentation jan 7 2015 final for web
Dalradian presentation jan 7 2015 final for webDalradian presentation jan 7 2015 final for web
Dalradian presentation jan 7 2015 final for web
 
Dalradian Presentation January 19 2015
Dalradian Presentation January 19 2015Dalradian Presentation January 19 2015
Dalradian Presentation January 19 2015
 
Pretivm Investors Day Presentation
Pretivm Investors Day PresentationPretivm Investors Day Presentation
Pretivm Investors Day Presentation
 
Equinox Gold Corporate Presentation
Equinox Gold Corporate PresentationEquinox Gold Corporate Presentation
Equinox Gold Corporate Presentation
 
Equinox Gold Corporate Presentation
Equinox Gold Corporate PresentationEquinox Gold Corporate Presentation
Equinox Gold Corporate Presentation
 
Equinox Gold Corporate Presentation
Equinox Gold Corporate PresentationEquinox Gold Corporate Presentation
Equinox Gold Corporate Presentation
 
Equinox Gold Corporate Presentation
Equinox Gold Corporate PresentationEquinox Gold Corporate Presentation
Equinox Gold Corporate Presentation
 
Equinox Gold Corporate Presentation
Equinox Gold Corporate PresentationEquinox Gold Corporate Presentation
Equinox Gold Corporate Presentation
 
Dalradian presentation sep 14 2015 final qp
Dalradian presentation sep 14 2015 final qpDalradian presentation sep 14 2015 final qp
Dalradian presentation sep 14 2015 final qp
 
Dalradian Presentation September 30 2015 Final
Dalradian Presentation September 30 2015 FinalDalradian Presentation September 30 2015 Final
Dalradian Presentation September 30 2015 Final
 
Equinox Gold Corporate Presentation
Equinox Gold Corporate PresentationEquinox Gold Corporate Presentation
Equinox Gold Corporate Presentation
 
Equinox Gold Corporate Presentation
Equinox Gold Corporate PresentationEquinox Gold Corporate Presentation
Equinox Gold Corporate Presentation
 
Equinox Gold Corporate Presentation
Equinox Gold Corporate PresentationEquinox Gold Corporate Presentation
Equinox Gold Corporate Presentation
 
Equinox Gold Corporate Presentation
Equinox Gold Corporate PresentationEquinox Gold Corporate Presentation
Equinox Gold Corporate Presentation
 
Equinox Gold Corporate Presentation
Equinox Gold Corporate PresentationEquinox Gold Corporate Presentation
Equinox Gold Corporate Presentation
 
Equinox Gold Corporate Presentation
Equinox Gold Corporate PresentationEquinox Gold Corporate Presentation
Equinox Gold Corporate Presentation
 
Q4 Quarterly Update - December 2023 final.pdf
Q4 Quarterly Update - December 2023 final.pdfQ4 Quarterly Update - December 2023 final.pdf
Q4 Quarterly Update - December 2023 final.pdf
 
Dalradian presentation april 10 2014 final
Dalradian presentation april 10 2014 finalDalradian presentation april 10 2014 final
Dalradian presentation april 10 2014 final
 
Dalradian corporate presentation july 2013
Dalradian corporate presentation july 2013Dalradian corporate presentation july 2013
Dalradian corporate presentation july 2013
 

More from DalradianResource

More from DalradianResource (20)

Dalradian Resources AGM Presentation 2017
Dalradian Resources AGM Presentation 2017Dalradian Resources AGM Presentation 2017
Dalradian Resources AGM Presentation 2017
 
Dalradian Corporate Presentation March 30, 2017
Dalradian Corporate Presentation March 30, 2017Dalradian Corporate Presentation March 30, 2017
Dalradian Corporate Presentation March 30, 2017
 
Dalradian Corporate Presentation March 1, 2017
Dalradian Corporate Presentation March 1, 2017Dalradian Corporate Presentation March 1, 2017
Dalradian Corporate Presentation March 1, 2017
 
Dalradian Corporate Presentation February 2017
Dalradian Corporate Presentation February 2017Dalradian Corporate Presentation February 2017
Dalradian Corporate Presentation February 2017
 
Dalradian Corporate Presentation January 10, 2017
Dalradian Corporate Presentation January 10, 2017Dalradian Corporate Presentation January 10, 2017
Dalradian Corporate Presentation January 10, 2017
 
Dalradian Corporate Presentation December 12, 2016
Dalradian Corporate Presentation December 12, 2016Dalradian Corporate Presentation December 12, 2016
Dalradian Corporate Presentation December 12, 2016
 
Dalradian Presentation at Mines and Money London
Dalradian Presentation at Mines and Money London Dalradian Presentation at Mines and Money London
Dalradian Presentation at Mines and Money London
 
Dalradian presentation november 8 2016 final
Dalradian presentation november 8 2016 finalDalradian presentation november 8 2016 final
Dalradian presentation november 8 2016 final
 
Dalradian presentation october 20 2016 final
Dalradian presentation october 20 2016 finalDalradian presentation october 20 2016 final
Dalradian presentation october 20 2016 final
 
Dalradian presentation september 14 2016 final
Dalradian presentation september 14 2016 finalDalradian presentation september 14 2016 final
Dalradian presentation september 14 2016 final
 
Investor Presentation - August 2016
Investor Presentation - August 2016Investor Presentation - August 2016
Investor Presentation - August 2016
 
Dalradian presentation july 25 2016
Dalradian presentation july 25 2016Dalradian presentation july 25 2016
Dalradian presentation july 25 2016
 
Dalradian presentation july 18 2016 final
Dalradian presentation july 18 2016 finalDalradian presentation july 18 2016 final
Dalradian presentation july 18 2016 final
 
Dalradian presentation july 5 2016 final
Dalradian presentation july 5 2016 finalDalradian presentation july 5 2016 final
Dalradian presentation july 5 2016 final
 
Dalradian presentation june 20 2016 final
Dalradian presentation june 20 2016 finalDalradian presentation june 20 2016 final
Dalradian presentation june 20 2016 final
 
Dalradian presentation june 1 2016 final2
Dalradian presentation june 1 2016 final2Dalradian presentation june 1 2016 final2
Dalradian presentation june 1 2016 final2
 
Dalradian presentation may 24 2016 final
Dalradian presentation may 24 2016 finalDalradian presentation may 24 2016 final
Dalradian presentation may 24 2016 final
 
Dalradian presentation may 14 2016 final
Dalradian presentation may 14 2016 finalDalradian presentation may 14 2016 final
Dalradian presentation may 14 2016 final
 
Dalradian presentation march 5 2016 final
Dalradian presentation march 5 2016 finalDalradian presentation march 5 2016 final
Dalradian presentation march 5 2016 final
 
Dalradian presentation march 2016 final
Dalradian presentation march 2016 finalDalradian presentation march 2016 final
Dalradian presentation march 2016 final
 

Recently uploaded

Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service BangaloreCall Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
amitlee9823
 
Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...
Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...
Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...
Anamikakaur10
 
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
dlhescort
 
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabiunwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
Abortion pills in Kuwait Cytotec pills in Kuwait
 
Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...
Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...
Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...
Sheetaleventcompany
 
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
dollysharma2066
 
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
lizamodels9
 

Recently uploaded (20)

Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service BangaloreCall Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
 
Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...
Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...
Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...
 
John Halpern sued for sexual assault.pdf
John Halpern sued for sexual assault.pdfJohn Halpern sued for sexual assault.pdf
John Halpern sued for sexual assault.pdf
 
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
 
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabiunwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
 
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptxB.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
 
Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...
Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...
Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...
 
Eluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort Service
Eluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort ServiceEluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort Service
Eluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort Service
 
A DAY IN THE LIFE OF A SALESMAN / WOMAN
A DAY IN THE LIFE OF A  SALESMAN / WOMANA DAY IN THE LIFE OF A  SALESMAN / WOMAN
A DAY IN THE LIFE OF A SALESMAN / WOMAN
 
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRLMONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
 
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
 
RSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataRSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors Data
 
Value Proposition canvas- Customer needs and pains
Value Proposition canvas- Customer needs and painsValue Proposition canvas- Customer needs and pains
Value Proposition canvas- Customer needs and pains
 
Falcon's Invoice Discounting: Your Path to Prosperity
Falcon's Invoice Discounting: Your Path to ProsperityFalcon's Invoice Discounting: Your Path to Prosperity
Falcon's Invoice Discounting: Your Path to Prosperity
 
Business Model Canvas (BMC)- A new venture concept
Business Model Canvas (BMC)-  A new venture conceptBusiness Model Canvas (BMC)-  A new venture concept
Business Model Canvas (BMC)- A new venture concept
 
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
 
How to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League CityHow to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League City
 
Falcon Invoice Discounting: The best investment platform in india for investors
Falcon Invoice Discounting: The best investment platform in india for investorsFalcon Invoice Discounting: The best investment platform in india for investors
Falcon Invoice Discounting: The best investment platform in india for investors
 
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
 
Call Girls Service In Old Town Dubai ((0551707352)) Old Town Dubai Call Girl ...
Call Girls Service In Old Town Dubai ((0551707352)) Old Town Dubai Call Girl ...Call Girls Service In Old Town Dubai ((0551707352)) Old Town Dubai Call Girl ...
Call Girls Service In Old Town Dubai ((0551707352)) Old Town Dubai Call Girl ...
 

Dalradian presentation july 8 2014 final

  • 1. High‐Grade Gold │ Post‐PEA │ Low‐Risk Jurisdiction  │ Low Capex│ July 8, 2014 A preliminary short form prospectus containing important information relating to the securities of the Company described in this document has not yet been filed with the securities regulatory authorities in each of the provinces of Canada, other than QuĂŠbec. A copy of the short form preliminary prospectus is required to be delivered to any investor that received this document and expressed an interest in acquiring the securities. There will be no sale or any acceptance of an offer to buy securities of the Company until a receipt for the final short form prospectus has been issued. This document does not provide full disclosure of all material facts relating to the securities offered. Investors should read the preliminary short form prospectus, final short form prospectus and any amendment, for disclosure of those facts, especially risk factors relating to the securities offered, before making an investment decision.
  • 2. 2 FORWARD‐LOOKING INFORMATION AND QUALIFIED PERSON 2 This presentation contains “forward looking information” which may include, but is not limited to, statements with respect to the future financial or operating performance of the Company and its subsidiaries (collectively, “Dalradian”) and its mineral projects, the future price of metals, the estimation of mineral resources, the realization of mineral resource estimates, the timing and amount of estimated future production, costs of production, capital, operating and exploration expenditures, costs and timing of the development of new deposits, costs and timing of future exploration, requirements for additional capital, government regulation of mining operations, environmental risks, reclamation expenses, title disputes or claims, limitations of insurance coverage and the timing and possible outcome of pending regulatory matters. Often, but not always, forward looking statements can be identified by the use of words and phrases such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Forward looking statements are based on the opinions and estimates of management as of the date such statements are made and are based on various assumptions such as the continued political stability in Northern Ireland, that permits required for Dalradian’s operations will be obtained on a timely basis in order to permit Dalradian to proceed on schedule with its planned exploration and development programs, that skilled personnel and contractors will be available as Dalradian’s operations continue to grow, that the price of gold will be at levels that render Dalradian’s mineral projects economic, that the Company will be able to continue raising the necessary capital to finance its operations and realize on mineral resource estimates and current mine plans and that the assumptions contained in the Company’s Technical Report and PEA (both as defined herein) are accurate and complete. Forward looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Dalradian to be materially different from any future results, performance or achievements expressed or implied by the forward looking statements. Such factors include, among others, general business, economic, competitive, political and social uncertainties; the actual results of current and future exploration activities; the actual results of reclamation activities; conclusions of economic evaluations; changes in project parameters and/or economic assessments as plans continue to be refined; future prices of metals; possible variations of mineral grade or recovery rates; the risk that actual costs may exceed estimated costs; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes and other risks of the mining industry; political instability; delays in obtaining governmental approvals or financing or in the completion of development or construction activities, as well as those factors discussed in the section entitled “Risk Factors” in the Company’s Annual Information Form for the year ended December 31, 2013 dated March 25, 2014 (the “AIF”) . Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Forward looking statements contained herein are made as of the date of this presentation and the Company disclaims any obligation to update any forward looking statements, whether as a result of new information, future events or results, except as may be required by applicable securities laws. There can be no assurance that forward looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward looking statements. Certain technical data in this presentation was taken from the technical report entitled “Curraghinalt Gold Deposit, Northern Ireland, Mineral Resource Estimate Update NI 43‐ 101 Technical Report” dated May 30, 2014 and prepared by Tim Maunula, P.Geo., B. Terrence Hennessey, P.Geo., Barnard Foo, P.Eng., Bogdan Damjanovi, P.Eng., AndrĂŠ Villeneuve, P.Eng. and Christopher Jacobs, CEng MIMMM (the “Technical Report”) and from the technical report entitled “A Preliminary Economic Assessment of the Curraghinalt Gold Deposit, Tyrone Project, Northern Ireland” dated September 6, 2012 and prepared by B. Terrence Hennessey, P.Geo., Mr. Barnard Foo, P.ENG., Mr. Bogdan Damjanovic, P.ENG, Mr. Andre Villeneuve, P.ENG., and Mr. Christopher Jacobs, CEng MIMMM of Micon International Limited (the “PEA”), and is subject to all of the assumptions, qualifications and procedures described therein. Mineral resources that are not mineral reserves do not have demonstrated economic viability. The PEA is preliminary in nature. It includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves. There is no certainty that the results of the PEA will be realized. Michele L. Cote, MSc., P. Geo., VP Exploration, Dalradian Resources Inc., is the Qualified Person who supervised the preparation of the exploration technical data in this presentation. The exploration data was based on the procedures described in the Company’s Technical Report and is subject to all of the assumptions, qualifications and procedures described therein.
  • 3. 3 BUILDING A PROFITABLE IRISH GOLD PRODUCER  Curraghinalt deposit ranked #7 by grade of more than  500 undeveloped deposits globally1  Move high‐margin, low capex project quickly towards production  Numerous milestones during 2014 as drilling, underground program and  updated economic study move forward 1 Ranking by Natural Resource Holdings, based on 2012 data
  • 5. 5  Our flagship asset: Curraghinalt high‐grade lode gold deposit  Excellent regional infrastructure  Over 84,000 hectares under license Gold Base Metals Other Gortin Omagh Curraghinalt BELFAST N O R T H E R N I R E L A N D Galantas Gold Conroy Diamonds & Gold Lonmin Irish Salt Mining Underground Salt Mine Clontibret Croagh Patrick Parys Mountain Gwynfynydd Galmoy Avoca Pallas Green Silvermines South Crofty Curraghinalt Gold Deposit Allihies Copper  Mines Galantas Gold Previous open pit producer;  permitting underground Scotgold Permitted Vedanta Resources In production Boliden In production IMC Exploration Gold exploration Lundin Previous producer Conroy Gold exploration Lisheen Cononish Tara Cavanacaw Xstrata Feasibility Gold Mines of Wales Exploration Clogau LONDON Wolf Minerals Tungsten Developer METAL PROJECTS IN IRELAND & THE UK1 1 Status of properties in which Dalradian does not have an interest has been sourced from  public disclosure.
  • 6. 6 CURRAGHINALT RESOURCE  Resource covers a fraction  of 12 km trend  High‐grade gold resource1  Measured:  0.02 MT grading 20.15 g/t Au  for 15,100 contained ounces  Indicated:   2.98 MT grading 10.34 g/t Au  for 989,000 contained ounces  Inferred:   8.01 MT grading 9.67 g/t Au  for 2.49 million contained ounces  Positive PEA shows a high margin  and low capex producer2 1 Refer to Technical Report 2 Refer to PEA. Please see cautionary statements in Forward Looking Information (slide 2)
  • 7. 7 DRILL PROGRAM  Since 2010, we have proven our understanding of  Curraghinalt by growing the resource 5‐fold over 3 updates  Infill drilling to begin soon  Deposit is open in all directions  Veins are continuous so drilling along  strike has good potential to expand resource
  • 11. 11 PEA SHOWS STRONG ECONOMICS KEY PEA DATA* 3 YEAR TRAILING AVERAGE GOLD PRICE: $1,378/ounce 5 YEAR TRAILING AVERAGE  GOLD PRICE: $1,166/ounce NPV with 8% discount rate (After‐tax) $467 million $331 million IRR (After‐tax) 41.9% 33.4% Average Annual Production 145,000 ounces/year Processing Rate 1,700 tonnes/day Life of Mine 15 years Initial Capex ($38M contingency) $192 million Cash Costs $532/ounce or $125/tonne Diluted Grade 8.1 g/t Au Gold Recovery 92% Payback 2 years** At $814 gold price (10‐year trailing average), after‐tax IRR of 20.2% * Prepared by Micon International Limited. PEA results released on July 25, 2012. Mineral resources that are not mineral reserves do not have demonstrated economic viability. The PEA is preliminary in nature. The updated 2014 resource  estimate does not invalidate the conclusions of the PEA, which is based on the November 2011 mineral resource estimate.  It includes inferred mineral resources that are considered too speculative geologically to have the economic  considerations applied to them that would enable them to be categorized as mineral reserves.  There is no certainty that the results of the PEA will be realized. All dollars quoted in $ USD unless stated otherwise.  ** Based on 3 year trailing average gold price of $1,378/ounce
  • 12. 12 UG BULK SAMPLE TO FURTHER PROVE ECONOMICS DALRADIAN HAS RECEIVED  PLANNING PERMISSION TO  COMPLETE UP TO 2,000m  OF UNDERGROUND  EXPLORATION AND BULK  SAMPLING IN ORDER TO:  Extend the existing adit to intersect further  veining  Drift along exposed  veins  Establish 10  underground diamond  drill bays on strike  Remove a large bulk  sample Proposed Tunnel  Extensions at 170 m  Level Existing  Exploration  Tunnel T17 Vein No1 Vein 106‐16 Vein V75 Vein Bend Vein Crow Vein Proposed No. 1 Vein  Development at 170m Level Proposed T17 Vein  Development at 170m  Level 5 Drill bays  west 5 Drill bays east
  • 13. 13 UNDERGROUND EXPLORATION PROGRAM GOALS  Demonstrate continuity of thickness and  grade of mineralized veins  Convert inferred mineral resources to  measured and indicated  Test mining techniques  Investigate geotechnical and  hydrogeological conditions  Produce a bulk sample for  metallurgical test work  Advance the permitting process ROAD SHEEPDIP MULLAN T17 No. 1 106_16 BEND CROW V75FW EXISTING DEVELOPMENTPLANNED  DEVELOPMENT SOUTH Cross‐section through proposed development, looking west
  • 15. 15 PERMITTING PROGRESS TO DATE  Permitting process in Northern Ireland is  thorough, but we have shown that  permitting can be done in a timely manner  Less than a year to permit underground  bulk sample  Transparent process: all stakeholder  communications published on  government website  Strong social license:  6:1 ratio of supporters  to objectors for  UG bulk sample   Regular community  and government  agency meetings;  site visits for local and  government groups
  • 16. 16 PERMITTING A MINE  January 2011: EIA baseline  data collection commenced  Feasibility Study not  required for EIA  Main components are  project description of mine  and infrastructure and  environmental statement  Updated Economic Study  in H2 2014 will provide  project description  Dealing with same  departments that  permitted UG exploration and bulk sample program
  • 18. 18 FINANCING  The projects that are financeable in the  current market are:  High grade  Low capex  Low‐risk jurisdiction  We anticipate raising  construction funding on the  back of proving economics and  mine permitting progress
  • 19. 19 THE BOARD:  HAVE RAISED SIGNIFICANT FUNDS TO ADVANCE PROJECTS INTO MINES PATRICK F. N. ANDERSON CHIEF EXECUTIVE OFFICER  Founder & Former CEO of Aurelian Resources  ‘08 – PDAC International Mineral Discovery  ‘08 – Northern Miner Man of the Year  RONALD GAGEL  CFO of TMAC Resources; Former CFO of FNX  Mining and Aur Resources  Director of Adriana Resources and Stonegate Agricom  Former board member of HudBay Minerals  and Central Sun Mining  ‘13 – PDAC Distinguished Service Award THOMAS OBRADOVICH CHAIRMAN   Founder & Former CEO of Young‐Davidson  Mines  Former Director of Aurelian Resources SEAN ROOSEN  Founder & CEO OF Osisko Mining Corporation  Also Director of Astur Gold  ‘06 – Prospector of the Year ‐ Quebec  ‘08 – Prospector of the Year ‐ Canada  ‘09 – Northern Miner Man of the Year  JONATHAN RUBENSTEIN  Director of Eldorado Gold  Director of Detour Gold  Chairman & Director of MAG Silver  Former Director of Aurelian Resources,  Sutton Resources, Canico Resource and Cumberland Resources ARI SUSSMAN  Founder & CEO of Continental Gold  Raised over $500M in funding during  15 years in the natural resources &  investment sectors GRENVILLE THOMAS  Founder & Chairman of Strongbow Exploration  Founder & Former Chairman, President &  Director of Aber Resources (Harry Winston  Diamond) now Dominion Diamond  ‘99 – PDAC Prospector of the Year   ‘01 – Northern Miner Man of the Year  ‘09 – Canadian Mining Hall of Fame
  • 21. 21 2014 MILESTONES  Commencement of drilling  Drill results (ongoing)  Start‐up of underground  program  Metallurgical test results  Hiring of mine planning and  permitting team  Updated economic study
  • 22. 22 Patrick F. N. Anderson Chief Executive Officer info@dalradian.com 416.583.5622 Trading Symbol: DNA on TSX Corporate Office: Dalradian Resources Inc. 155 Wellington Street West Suite 2920 Toronto, Ontario Canada M5V 3H1 www.dalradian.com