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    Dna  inves pre_september_21_2011_final Dna inves pre_september_21_2011_final Presentation Transcript

    • A Golden Opportunity In Northern Ireland Curraghinalt Deposit Investor Presentation September 2011 Patrick F. N. Anderson Chairman and Chief Executive Officer
    • Forward-Looking Information and Qualified Person Certain statements in this presentation, other than statements of historical facts relating to the company, constitute “forward‑looking information within the meaning of applicable securities laws. Such forward-looking information may include, but is not limited to, statements with respect to the future financial or operating performance of the company, its subsidiary and its mineral project, 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 litigation and regulatory matters. Often, but not always, forward‑looking statements can be identified by the use of words 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 suchas continued political stability in Northern Ireland, that permits required for the company s operations will be obtained in a timely basis in order to permit the company toproceed on schedule with its planned drilling programs, that skilled personnel and contractors will be available as the company s operations continue to grow, that theprice of gold will remain at levels that render the project economic, and that the company will be able to continue raising the necessary capital to finance its operations andrealize on mineral resource estimates and current mine plans.Forward‑looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of thecompany and/or its subsidiary 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 exploration activities;conclusions of economic evaluations; changes in project parameters as plans continue to be refined; future prices of metals, including gold; possible variations of oregrade or recovery rates; failure to convert estimated mineral resources into mineral reserves; failure of plant, equipment or processes to operate as anticipated; actualresults of reclamation activities; accidents, labour disputes; political instability and risks arising from operating in Northern Ireland; delays in obtaining governmentalapprovals or financing or in the completion of development or construction activities; uncertainties relating to the availability of future financing; inflation; fluctuations inexchange rates; uninsured risks and other risks of the mining industry. Although the company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described inforward‑looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Forward‑lookingstatements contained herein are made as of the date hereof and the company disclaims any obligation to update any forward‑looking statements, whether as a result ofnew 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 tobe accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance onforward‑looking statements.The technical data in this presentation was taken from the technical report entitled “A Mineral Resource Estimate for the Curraghinalt Gold Deposit and a Review of aProposed Exploration Program for the Tyrone Project, County Tyrone and County Londonderry, Northern Ireland dated May 10, 2010, prepared by B. Terrence Hennessey,P.Geo., and Dibya Kanti Mukhopadhyay, M.Sc., MAusIMM, of Micon International Limited (the Technical Report ).Eur Geol Garth Earls, Managing Director, Dalradian Gold Limited, is the Qualified Person who supervised the preparation of the technical data in this presentation.2
    • Why Invest?•  High-grade 1.5MM ounce gold resource (all categories) •  Inferred: 1.16 million – 14.64 g/t Au •  Indicated: 400,000 – 13.24 g/t Au•  6 drills turning •  Focus on resource expansion and confirmation •  Resource update planned for Q4 2011•  84,000 ha property •  19 regional targets identified •  Exploration drilling underway•  Low political risk •  Northern Ireland open for business and resource friendly •  Experienced management and board •  Track record of discovery and development •  Well funded •  Approximately $25 million in cash as at August 10, 2011 •  Management owns > 8%3
    • Capital Structure•  TSX: DNA•  Shares outstanding – 69.8 million - Fully diluted – 76.3 million - Market cap - $134.8 million - Average volume (10 day) – 283,511•  Analyst coverage –  GMP: Andrew Mikitchook –  Clarus: Laurie Curtis As at September 21, 2011 4
    • Board & Management: 
 A Track Record of Discovery and DevelopmentPatrick F. N. Anderson Keith D. McKayChairman and Chief Executive Officer
 Chief Financial Officer
Former CEO of Aurelian Resources Inc. Former CFO of Aurelian Resources Inc.Also Director of Colossus Minerals Inc., And Director of Noront Resources Ltd.
Malbex Resources Inc. and Continental Gold 
 Limited Thomas J. Obradovich Former CEO of Young-Davidson Mines Ltd.
Colin K. Benner
 Former Director of Aurelian Resources Inc.Chairman of Capstone Mining Corp.,
 Chairman of Lago Dourado Minerals Ltd.Creston Moly Corp., and Corsa Capital Ltd.
 Sean E. O. Roosen
Joseph F. Conway
 CEO of Osisko Mining CorporationCEO of Primero Mining Corp. Also Director of Rio Novo Gold Inc. andFormer CEO of IAMGOLD Corporation
 Bowmore Exploration Ltd.
 Ronald P. Gagel
 Ari B. Sussman
Former SVP and CFO of FNX Mining Company Chairman and CEO of Colossus Minerals Inc. 
Inc. 
 CEO of Continental Gold LimitedAlso Director of Adriana Resources Inc. and Stonegate Agricom Ltd.
 

 5
    • Exploring Northern Ireland•  Devolved government within the United Kingdom•  Currency: pound sterling•  Population: approximately 1.8 million•  The government of Northern Ireland recently invested approximately C$15 million in geological surveys to attract investment Tellus Project6
    • Northern Ireland: A Resource Rich Country Lonmin PLC is exploring for•  Excellent regional platinum and palladium infrastructure•  Our flagship asset is the Curraghinalt mesothermal high grade gold deposit•  Over 84,000 hectares under exploration•  Potential exists for further precious and base metals deposits Galantas Gold Corporation has been in

 production since late 2007 Conroy Diamonds & Gold

 exploring for gold along a
 50 km trend 7
    • Active Resource Industry in County Tyrone•  There are approximately 150 open cast operations in the region Cavanacaw Gold Mine Sand and gravel pit 100 metres Peat Harvesting Gortin Glen Logging8
    • Curraghinalt: 3D Schematic of Veins and Adit •  Work historically focused proximal to discovery outcrop9
    • Current Drilling Program: Resource Expansion•  September 6, 2011 – Drilling at Curraghinalt 256500 257000 257500 258000 intersects 8.34 metres of ± 387000 387000 5.84 g/t gold and 3.2 Drillholes ( ! Reported drillhole ( ! metres grading 5.34 g/t ( ! Dalradian Resources drillhole Previous operators drillhole B C D E gold. Additional parallel Planned Drillholes ( ! ( ! ( 11-CT-97b ! veins discovered to the Irish Drilling ( ! Major Drilling A 11-CT-90 ( ! South of the deposit. Veins included in reported 43-101 resource Veins included in reported 43-101 resource Shear zone Adit Roa ( !•  June 8, 2011 – Drilling at ( d! ( ! F Curraghinalt intersects ( ! Mull an She ep D ip ( ! ( ! ( 11-CT-94 ! 386500 386500 2.06 metres of 111.6 g/t ( 11-CT-95 ! ( ! 11-CT-98 ( ! ( 11-CT-99 ! gold and 1.11 metres T17 ( ! ( ! grading 26.84 g/t gold ABB ABB - D -G ( ! ( ! ( ! ( ! No1 ( ! Kiln Shear ( !•  April 7, 2011 – Hole 11- 106 ( ! ( ! -16 ( ! CT-85 cut 2.54 metres of Kiln Shea r ( ! ( ( ! ! ( ! ( ! 20.61 g/t gold ( ! Ben ( ! d V75 ( ! ( ! ( ! ( ! ( ! ( ! 11-CT-92•  February 28, 2011 – Hole Cro w ( ! ( ! ( 11-CT-96 ! 386000 386000 Crows Foot Shear ( ! 10-CT-76 cut 2.74 ( ! ( ! metres of 15.27 g/t gold ( ! ( ! A Crows Foot Shear•  December 2, 2010 – Hole Date: 30/08/2011 Tyrone Project C 10-CT-73 cut 1.83 Curraghinalt Deposit Author: Dalradian Figure 2: Drillhole Locations ( ! Office: Gortin and Section Lines metres of 37.41 g/t gold Drawing: KB Scale: 1:9,000 Projection: Irish National Grid 0 100 200 300 B•  October 14, 2010 –Two Meters D E F new parallel veins 256500 257000 257500 258000 discovered Please see Appendix for cross-sections. 10
    • Veins open at depth •  Longer holes intercept as many as nine veins•  Proximity favourable for shared infrastructure 385,800mN 386,000mN 386,200mN 386,400mN 386,600mN 386,800mN E E 89 T- -C 11 200mMSL 200mMSL 0mMSL 0mMSL -200mMSL -200mMSL Curraghinalt Deposit E - E Date:07/06/2011 (Section 257050E) Legend Author: Dalradian Office: Gortin Intercepts reported as: Planned drillhole Shear zone Drawing: SC True width (m), Au grade (g/t) Scale: 1:4000 Projection: Non-Earth (meters) Drillhole Vein (projected) complete/active -400mMSL -400mMSL 0 25 50 100 Reported drillhole Vein (intersected) metres 386,000mN 386,200mN 386,400mN 386,600mN11
    • Cross Section Looking West12
    • Long Section – T17 Vein 256600 E 256800 E 257000 E 257200 E 257400 E 257600 E 257800 E 258000 E 258200 E 258400 E 400 400 300 300 200 200 100 100 11-CT-98 0.97 0 14.05 0 -100 -100 11-CT-99 -200 -200 2.70 5.34 -300 -300 11-CT-90 0.65 F*-##0"#$:%-;%/0-:%B*$::%*$#$5:$ F*-##0"#$:%"/:-.$%*$:"*<$ 33.85 1<".$.%)G%6*5(:%B$*%($/$*2 1<".$.%)G%6*5(:%B$*%($/$*2 -400 !"#$%&()$* 4*5(:%B$*%($/$*%4"#. -400 +*$%,-./0%1(2% 3%4*5.$%167/2 H%I I%?%@A 8*$9-":%.*-##0"#$:%-;%*$:"*<$ @A%?%@I -500 JK%@I -500 8#5;;$.%.*-##0"#$: -600 =>?@A@%*$B"*/$.%C;.-<5/$.%D$:"*<$:% -600 =>?@A@%*$B"*/$.%C;E$**$.%D$:"*<$: West East Projection -700 -700 Curraghinalt Deposit Section Northing: 386350 -800 -800 256600 E 256800 E 257000 E 257200 E 257400 E 257600 E 257800 E 258000 E 258200 E 258400 E T17 Vein Scale 1:7000 Date: 30/08/11 -900 -90013
    • Long Section – No. 1 Vein 500 256200 E 256400 E 256600 E 256800 E 257000 E 257200 E 257400 E 257600 E 257800 E 500 258000 E 400 400 300 300 200 200 11-CT-95 100 100 0.28 21.52 0 0 11-CT-94 7.54 -100 5.84 -100 -200 -200 F*-##0"#$:%-;%/0-:%B*$::%*$#$5:$ F*-##0"#$:%"/:-.$%*$:"*<$ 1<".$.%)G%6*5(:%B$*%($/$*2 1<".$.%)G%6*5(:%B$*%($/$*2 -300 !"#$%&()$* 4*5(:%B$*%($/$*%4"#. -300 +*$%,-./0%1(2% H%I 3%4*5.$%167/2 I%?%@A 8*$9-":%.*-##0"#$:%-;%*$:"*<$ @A%?%@I -400 JK%@I -400 8#5;;$.%.*-##0"#$: =>?@A@%*$B"*/$.%C;.-<5/$.%D$:"*<$:% -500 -500 =>?@A@%*$B"*/$.%C;E$**$.%D$:"*<$: West East Projection -600 -600 Curraghinalt Deposit Section Northing: 386200 -700 -700 256200 E 256400 E 256600 E 256800 E 257000 E 257200 E 257400 E 257600 E 257800 E 258000 E No.1 Vein Scale 1:7000 Date: 30/08/11 -800 -80014
    • Comparing Curraghinalt Drilling to Mesothermal ModelDemonstrates Potential for Expansion•  Potential exists to discover additional veins proximal to resource and new veins outside the principal zone•  System open along strike and down dip•  Additional After Colvine, A.C. et al, potential to 1989. north and south An empirical model for the formation of Archean gold deposits: Economic Geology Monograph (The Geology of Gold Deposits: The Perspective in 1988), p 37-53.15
    • Open along strike•  Glaciated terrain with minimal outcrop •  Drilling is primary exploration tool16
    • 19 Target Areas – 3 Exploration Trends   Glenlark Trend Curraghinalt Trend17
    • Regional Exploration Plan•  April 2011 Regional Exploration Commenced •  April – May 2011 4 Seasoned Canadian Prospectors enlisted to traditionally prospect the property which was previously underexplored. This group had a tremendous track record for new surface discoveries. •  July 2011 Dedicated drill onsite for Regional Exploration•  July 2011 Prospecting Identified 19 New Gold and Base Metal Targets: -  12 targets in Dalradian metasediments -  7 targets in Tyrone Volcanic Group18
    • 19
    • Dalradian: A Golden Opportunity in Northern Ireland•  Initial strategy is to explore and develop Curraghinalt mesothermal gold deposit in Northern Ireland•  Resource update in Q4 2011•  Dalradian is exploring additional targets on its approximately 84,000-hectare Tyrone Project•  Well funded to execute on strategy20
    • Appendix21
    • Curraghinalt NI 43-101 Technical Report•  Prepared by Micon International Limited•  Dated May 10, 2010•  Updated from November 2007 and reflects revised gold price Curraghinalt Mesothermal Gold Deposit Indicated 0.95 MT @ 13.24 g/t Au for 0.4 million contained ounces with an average width of 1.35 m Inferred 2.46 MT @ 14.64 g/t Au for 1.16 million contained ounces with an average width of 1.18 m Notes: §  Subject to a 2% NSR royalty to Minco Plc and a 4% royalty to the Crown Estate on silver and/or gold production §  Assumes US$900/oz and an economic cut-off grade of 5 g/t Au over a minimum thickness of 0.10 metres, diluted to 1 metre at 0 grade §  Using a cut-off grade of 5 g/t §  All veins less than 10 cm were excluded §  Width or vein thickness is measured at 90 degrees to the vertical §  "Vein thickness" refers to a zone of grade and may not be 100 per cent vein material §  Please see "A Mineral Estimate for The Curraghinalt Gold Deposit and A Review of a Proposed Exploration Program for the Tyrone Project, County Tyrone and County Londonderry, Northern Ireland" dated May 10, 2010 and available at www.dalradian.com22
    • Multiple High Grade Gold Veins – 43-101Name Width Grade DepthSheep Dip Vein 1.1 m 29.3 g/t 149.6 m 1.3 m 31.4 g/t 36.1 mMullen Vein 1.0 m 19.3 g/t 274.0 m 1.3 m 19.6 g/t 49.9 mT-17 HW Vein 4.1 m 42.7 g/t 42.9 m 1.6 m 56.3 g/t 416.2 mT-17 Vein 3.4 m 68.1 g/t 39.6 m 1.5 m 27.0 g/t 107.0 mNo. 1 Vein 2.0 m 48.7 g/t 77.0 m 1.3 m 65.7 g/t 159.8 m106-16 Vein 2.0 m 24.0 g/t 41.5 m 3.3 m 16.9 g/t 615.7 mRoad Cut Vein 1.6 m 14.1 g/t 55.5 m 1.2 m 13.9 g/t 123.1 m23
    • Cross-section A to A 385,800mN 386,000mN 386,200mN 386,400mN 386,600mN 386,800mN 200mMSL 95 T- 200mMSL -C 11 0.28m @ 21.5 2 g/t 0mMSL 0mMSL Hole in progress -200mMSL -200mMSL 517.00m E.O.H. Dalradian Resources Hole in progress Curraghinalt Deposit Date:30/08/2011 Figure 3: A - A Author: Dalradian (Section 256685E) Legend Office: Gortin Intercepts reported as: Drawing: KB True width (m), Au grade (g/t) Planned drillhole Shear zone Scale: 1:4000 Projection: Non-Earth (meters) -400mMSL Drillhole Vein (projected) -400mMSL complete/active Reported drillhole Vein (intersected) 386,000mN 386,200mN 386,400mN 386,600mN24
    • Cross-section B to B 385,600mN 385,800mN 386,000mN 386,200mN 386,400mN 386,600mN 386,800mN 387,000mN 387,200mN B B 200mMSL 200mMSL 0mMSL 0mMSL -200mMSL -200mMSL -400mMSL -400mMSL -600mMSL -600mMSL Curraghinalt Deposit Figure 4: B - B Date:30/08/2011 (Section 257280E) Author: Dalradian Legend Office: Gortin Intercepts reported as: -800mMSL True width (m), Au grade (g/t) Planned drillhole Shear zone Drawing: KB Scale: 1:7000 Projection: Non-Earth (meters) -800mMSL Drillhole Vein (projected) complete/active 0 75 150 300 Reported drillhole Vein (intersected) metres 385, 600mN 385,800mN 386,000mN 386,200mN 386,400mN 386,600mN 386,800mN 387,000mN 387, 200mN25
    • Cross-section C to C 385,400mN 385,600mN 385,800mN 386,000mN 386,200mN 386,400mN 386,600mN 386,800mN 387,000mN 387,200mN C C 94 CT - 11- 200mMSL 7b -9 200mMSL T -C 11 0mMSL 0mMSL -200mMSL -200mMSL -400mMSL -400mMSL -600mMSL -600mMSL Dalradian Resources Curraghinalt Deposit Date:30/08/2011 Figure 5: C - C (Section 257470E) Author: Dalradian Legend Office: Gortin Intercepts reported as: True width (m), Au grade (g/t) Planned drillhole Shear zone -800mMSL Drawing: KB Scale: 1:7000 Projection: Non-Earth (meters) Drillhole Vein (projected) -800mMSL complete/active 0 75 150 300 Reported drillhole Vein (intersected) metres 385,600mN 385,800mN 386,000mN 386,200mN 386,400mN 386,600mN 386,800mN 387,000mN26
    • Cross-section D to D 385,400mN 385,600mN 385,800mN 386,000mN 386,200mN 386,400mN 386,600mN 386,800mN 387,000mN 387,200mN D 8 D 9 T- -C 200mMSL 11 200mMSL 0mMSL 0mMSL -200mMSL -200mMSL -400mMSL -400mMSL Hole in progress 1005.00 E.O.H. -600mMSL -600mMSL Planned hole -800mMSL -800mMSL Curraghinalt Deposit Figure 6: D - D Date:30/08/2011 (Section 257680E) Author: Dalradian Legend Office: Gortin Intercepts reported as: Planned drillhole Shear zone Drawing: KB True width (m), Au grade (g/t) -1,000mMSL Scale: 1:8000 Projection: Non-Earth (meters) Drillhole Vein (projected) -1,000mMSL Planned hole complete/active 0 75 150 300 Reported drillhole Vein (intersected) metres 385,400mN 385,600mN 385,800mN 386,000mN 386,200mN 386,400mN 386,600mN 386,800mN 387,000mN27
    • Cross-section E to E 385,400mN 385,600mN 385,800mN 386,000mN 386,200mN 386,400mN 386,600mN 386,800mN 387,000mN 387,200mN 6 1 1 - C T- 9 E 92 E T- -C 11 200mMSL 200mMSL 0mMSL 355.00 E.O.H. 0mMSL 469.00 E.O.H. -200mMSL Planned hole -200mMSL -400mMSL -400mMSL Planned hole -600mMSL -600mMSL Planned hole -800mMSL Dalradian Resources Curraghinalt Deposit -800mMSL Figure 7: E - E Date:.30/08/2011 (Section 257850E) Legend Author: Dalradian Office: Gortin Intercepts reported as: Planned drillhole Shear zone Drawing: KB True width (m), Au grade (g/t) -1,000mMSL Scale: 1:8000 Projection: Non-Earth (meters) Drillhole Vein (projected) Planned hole complete/active -1,000mMSL 0 75 150 300 Reported drillhole Vein (intersected) metres 385,400mN 385,600mN 385,800mN 386,000mN 386,200mN 386,400mN 386,600mN 386,800mN 387,000mN 387,200mN28
    • Cross-section F to F 385,200mN 385,400mN 385,600mN 385,800mN 386,000mN 386,200mN 386,400mN 386,600mN 386,800mN 387,000mN 9 T-9 200mMSL -C 11 200mMSL 0mMSL Planned hole 0mMSL Planned hole -200mMSL Planned hole -200mMSL -400mMSL -400mMSL Planned hole -600mMSL -600mMSL Curraghinalt Deposit Hole in progress Figure 8: F - F Date:30/08/2011 (Section 258235E) Author: Dalradian Legend Intercepts reported as: -800mMSL Office: Gortin Drawing: KB True width (m), Au grade (g/t) Planned drillhole Shear zone -800mMSL Scale: 1:7000 Projection: Non-Earth (meters) Drillhole Vein (projected) complete/active Planned hole 0 75 150 300 Reported drillhole Vein (intersected) metres 385,400mN 385,600mN 385,800mN 386,000mN 386,200mN 386,400mN 386,600mN 386,800mN29
    • A Golden Opportunity in 
 Northern Ireland Patrick F. N. Anderson Chairman and
 Chief Executive Officer
 Shae-Lynn Mathers Director, Investor Relations: 416-583-5622 smathers@dalradian.com Trading Symbol: DNA on TSX Corporate Office: Dalradian Resources Inc. 155 Wellington Street West
 Suite 2920 Toronto, ON M5V 3H1 www.dalradian.com