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Patrick F.N. Anderson 
Chief Executive Officer 
Precious Metals Summit Switzerland November 5, 2014
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 dated October 30, 2014 and titled "An Updated Preliminary Economic Assessment of the 
Curraghinalt Gold Deposit, Tyrone Project, Northern Ireland” (the “PEA”), prepared by Mr. Maunula, P.Geo., of T. Maunula & Associates Consulting Inc., 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 (“Micon”) 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. 
Ian R. Hardesty, MS, CPG, Senior Production Geologist, Dalradian Resources Inc., is the Qualified Person who reviewed and approved the technical information 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 NORTHERN IRISH GOLD PRODUCER 
 Curraghinalt deposit ranked #7 by grade of more than 
500 undeveloped deposits globally1 
 Moving high-margin, low capex project towards production 
 Updated PEA yields 36.2% IRR at $1,200 gold price 
 Well-financed 
1 
Ranking by Natural Resource Holdings, based on 2012 data 
PREMIUM ASSET 
IN A SCARCITY 
MARKET
CORPORATE SUMMARY
5 
THE BOARD: 
HAVE RAISED BILLIONS OF DOLLARS 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 HudBayMinerals 
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 OsiskoMining 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
6 
ANALYST COVERAGE 
All dollars quoted in $ CAD 
$0.00 
$0.25 
$0.50 
$0.75 
$1.00 
$1.25 
$1.50 
$1.75 
$2.00 
$2.25 
$2.50 
N D J F M A M J J A S O 
2013 2014 
$0.55 
October 31, 2014 
$1.75 Michael 
Curran 
$2.25 Stuart 
McDougall 
$1.75 Jamie 
Spratt 
$1.00 Mike 
$1.00 Kozak Laurie 
Curtis 
$1.45 Joe 
Mazumdar 
$1.70 Bart 
Jaworski 
Targets range from $0.90-$2.25 
$0.90 Andrew 
Kaip 
$1.20 Steve 
Parsons
7 
CORPORATE SUMMARY 
TSX: DNA STOCK PRICE 
Shares outstanding of 140.0 million and 
fully diluted of 177.0 million as of October 31, 2014 
Cash position of $37 million as of September 30, 2014 
SHARE CAPITALIZATION AND CASH POSITION 
All dollars quoted in $ CAD 
Tremendous opportunity to expand Irish, UK 
and European shareholder base 
TOP TEN SHAREHOLDERS 
(REPRESENTING ~55%) 
GEOGRAPHIC OWNERSHIP 
FOR IDENTIFIED SHAREHOLDERS 
Canada 
US 
Europe 
Sprott (Sprott Asset Mgmt, Sprott Global and Sprott Wealth) 
Rosseau 
Front Steet 
Insiders (5%) 
Aegis 
RBC 
Julius Baer 
Sun Valley 
Tocqueville 
US Global
CURRAGHINALT DEPOSIT
9 
 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 
Irish Salt (Kilroot) 
UG Mine 
Curraghinalt Gold 
Deposit 
Galantas (Cavanacaw) 
Previous open pit producer; 
permitting underground 
Scotgold (Cononish) 
Permitted 
Vedanta (Lisheen) 
In production 
Boliden (Tara) 
In production 
Lundin (Galmoy) 
Previous producer 
Conroy (Clontibret) 
Gold exploration 
Xstrata (Pallas Green) 
Feasibility 
Wolf (Hemerdon) 
Tungsten Developer 
METAL PROJECTS IN IRELAND & THE UK 
Cleveland 
Potash (Boulby) 
In Production 
Sirius (York Potash) 
In Development
10 
CURRAGHINALT RESOURCE 
 Since 2010, we have grown the 
resource 7-fold over 3 updates 
 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 
 Veins are predictable and 
continuous 
 Deposit is open in all directions 
 Underground drilling to support 
PFS in 2015 
1 Refer to PEA
11 
EXCELLENT POTENTIAL FOR RESOURCE GROWTH 
Curraghinalt 
Deposit 
12km 
Curraghinalt 
Trend 
1 12-CT-162 drilled at 180/-55. 12-CT-173 drilled at 150/-60; 2a from 186.00m- 188.22m, 2b from 229.08m - 230.55m ; true width undetermined 
2 11-CT-99 drilled at 200/-60, from 471.14-474.34m 
3 Refer to PEA 
Vein and Vein Intersections 
Curraghinalt 
Deposit 
Attagh Burn 
2.47m @ 18.99 g/t Au 
Curraghinalt Deposit 
Resource effective as of Jan 2014 
3 
– 
Measured: 0.02 Moz Au (0.02 MT @ 20.15 g/t) 
Indicated: 0.99 Moz Au (2.98 MT @ 10.34 g/t) 
Inferred: 2.49 Moz Au (8.01 MT @ 9.67 g/t) 
Alwories Discovery Holes 
1 
4.72m @ 14.82 g/t Au (12-CT-173) 
2.22m @ 14.10 g/t Au (12-CT-162) 
2a 
1.47m @ 23.60 g/t Au (12-CT-162) 
2b 
400 m Step-out 
3.2m @ 5.34 g/t Au (11-CT-99) 
2
12 
12KM GOLD TREND IS MOSTLY UNEXPLORED 
GLACIATED TERRAIN WITH MINIMAL OUTCROP 
Curraghinalt 
Deposit 
Curraghinalt 
Trend 
1 12-CT-162 drilled at 180/-55. 12-CT-173 drilled at 150/-60; 2a from 186.00 m- 188.22m, 2b from 229.08m - 230.55 m ; true width undetermined 
2 11-CT-99 drilled at 200/-60, from 471.14-474.34 m 
3 12-CT-167 drilled at 180/-45 True width between 95-92% of core length 
Curraghinalt 
Deposit 
Alwories Discovery Holes 
1 
4.72m @ 14.82 g/t Au (12-CT-173) 
2.22m @ 14.10 g/t Au (12-CT-162) 
2a 
1.47m @ 23.60 g/t Au (12-CT-162) 
2b 
Attagh Burn 
2.47m @ 18.99 g/t Au 
Golan Burn 
Outcropping veins including 
60cm @ 61.43 g/t Au (12-CT-167) 
3 
Gold Anomalies 
400 m Step-out 
3.2m @ 5.34 g/t Au (11-CT-99) 
2 
1 
kilometres 
0 2 
Vein and Vein Intersections
13 
OROGENIC VEIN SYSTEM 
Cross Section 54
CLEAR PATH TO PRODUCTION
15 
PATH TO PRODUCTION 
1 
Further prove economics 
of Curraghinalt deposit 
2 
Permit 
a mine 
3 
Finance 
construction
16 
PEA SHOWS STRONG ECONOMICS 
KEY PEA DATA* 
GOLD PRICE: 
US$1,200/ounce 
NPV with 8% discount rate (After-tax) US$504 million 
IRR (After-tax) 36.2% 
Average Annual Production 162,000 ounces/year 
Processing Rate 1,700 tonnes/day 
Life of Mine 18 years 
Initial Capex ($48M contingency) US$249 million 
Cash Costs US$485/ounce 
Diluted Grade 9.3 g/t Au 
Gold Recovery 92% 
Payback 2.6 years 
* Prepared by Micon International Limited. PEA results released on October 30, 2014. 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. 
All dollars quoted in $ USD unless stated otherwise.
17 
MET TESTING SHOWS MULTIPLE PROCESSING OPTIONS 
 92% recovery using standard CIL circuit 
(base case in PEA) 
 99% recovery using sequential gravity 
flotation circuit 
 PFS examining options in 
more detail 
 UG program providing additional 
material for sampling
18 
UG 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 samples for 
metallurgical test work 
 Support the 
pre-feasibility study Proposed Tunnel 
Extensions at 170 m 
Level 
Existing 
Exploration 
Tunnel 
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 
Drill bays west 
Drill bays east 
Graphic at right is preliminary plan, which is still being fine-tuned 
Drill bay east
19 
ESTIMATED TIMELINE 
Sep 
2014 Oct Nov Dec 
Jan 
2015 Feb Mar Apr May Jun Jul Aug Sep Oct Nov 
 2014/2015 
Surface Work 
UG development 
UG drilling 
Resource update 
PEA update 
EIA preparation and submission 
Pre-feasibility study
PERMITTING
21 
NORTHERN IRELAND WELCOMES INVESTMENT 
 No. 1 Strategic priority 
of current government 
is the economy: 
 Targeting 25,000 new 
jobs; and 
 £1 billion of new 
investment 
 Invest Northern Ireland 
grant to Dalradian for 
$590,000 to support 
jobs and training during 
UG exploration phase 
Aug 2014 site visit by Arlene Foster, MLA, 
Minister for Enterprise, Trade and Investment
22 
PERMITTING PROGRESS 
 Permitting process in Northern Ireland 
is thorough 
 Less than a year to permit underground 
exploration program 
 Transparent process: all stakeholder 
communications published on 
government website 
 Strong social license: 
6:1 ratio of supporters 
to objectors for 
UG exploration program 
 EIA for mine: 
main components are 
project description and 
environmental statement
MILESTONES
24 
UPCOMING MILESTONES 
 Initial blasting 
 Commencement of UG drilling 
 Drill results 
 Final explosives storage licence 
 London listing 
 Completion of surface works
25 
Patrick F.N. Anderson 
CEO 
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

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Dalradian CEO Discusses High-Grade Curraghinalt Gold Deposit

  • 1. Patrick F.N. Anderson Chief Executive Officer Precious Metals Summit Switzerland November 5, 2014
  • 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 dated October 30, 2014 and titled "An Updated Preliminary Economic Assessment of the Curraghinalt Gold Deposit, Tyrone Project, Northern Ireland” (the “PEA”), prepared by Mr. Maunula, P.Geo., of T. Maunula & Associates Consulting Inc., 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 (“Micon”) 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. Ian R. Hardesty, MS, CPG, Senior Production Geologist, Dalradian Resources Inc., is the Qualified Person who reviewed and approved the technical information 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 NORTHERN IRISH GOLD PRODUCER  Curraghinalt deposit ranked #7 by grade of more than 500 undeveloped deposits globally1  Moving high-margin, low capex project towards production  Updated PEA yields 36.2% IRR at $1,200 gold price  Well-financed 1 Ranking by Natural Resource Holdings, based on 2012 data PREMIUM ASSET IN A SCARCITY MARKET
  • 5. 5 THE BOARD: HAVE RAISED BILLIONS OF DOLLARS 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 HudBayMinerals 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 OsiskoMining 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
  • 6. 6 ANALYST COVERAGE All dollars quoted in $ CAD $0.00 $0.25 $0.50 $0.75 $1.00 $1.25 $1.50 $1.75 $2.00 $2.25 $2.50 N D J F M A M J J A S O 2013 2014 $0.55 October 31, 2014 $1.75 Michael Curran $2.25 Stuart McDougall $1.75 Jamie Spratt $1.00 Mike $1.00 Kozak Laurie Curtis $1.45 Joe Mazumdar $1.70 Bart Jaworski Targets range from $0.90-$2.25 $0.90 Andrew Kaip $1.20 Steve Parsons
  • 7. 7 CORPORATE SUMMARY TSX: DNA STOCK PRICE Shares outstanding of 140.0 million and fully diluted of 177.0 million as of October 31, 2014 Cash position of $37 million as of September 30, 2014 SHARE CAPITALIZATION AND CASH POSITION All dollars quoted in $ CAD Tremendous opportunity to expand Irish, UK and European shareholder base TOP TEN SHAREHOLDERS (REPRESENTING ~55%) GEOGRAPHIC OWNERSHIP FOR IDENTIFIED SHAREHOLDERS Canada US Europe Sprott (Sprott Asset Mgmt, Sprott Global and Sprott Wealth) Rosseau Front Steet Insiders (5%) Aegis RBC Julius Baer Sun Valley Tocqueville US Global
  • 9. 9  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 Irish Salt (Kilroot) UG Mine Curraghinalt Gold Deposit Galantas (Cavanacaw) Previous open pit producer; permitting underground Scotgold (Cononish) Permitted Vedanta (Lisheen) In production Boliden (Tara) In production Lundin (Galmoy) Previous producer Conroy (Clontibret) Gold exploration Xstrata (Pallas Green) Feasibility Wolf (Hemerdon) Tungsten Developer METAL PROJECTS IN IRELAND & THE UK Cleveland Potash (Boulby) In Production Sirius (York Potash) In Development
  • 10. 10 CURRAGHINALT RESOURCE  Since 2010, we have grown the resource 7-fold over 3 updates  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  Veins are predictable and continuous  Deposit is open in all directions  Underground drilling to support PFS in 2015 1 Refer to PEA
  • 11. 11 EXCELLENT POTENTIAL FOR RESOURCE GROWTH Curraghinalt Deposit 12km Curraghinalt Trend 1 12-CT-162 drilled at 180/-55. 12-CT-173 drilled at 150/-60; 2a from 186.00m- 188.22m, 2b from 229.08m - 230.55m ; true width undetermined 2 11-CT-99 drilled at 200/-60, from 471.14-474.34m 3 Refer to PEA Vein and Vein Intersections Curraghinalt Deposit Attagh Burn 2.47m @ 18.99 g/t Au Curraghinalt Deposit Resource effective as of Jan 2014 3 – Measured: 0.02 Moz Au (0.02 MT @ 20.15 g/t) Indicated: 0.99 Moz Au (2.98 MT @ 10.34 g/t) Inferred: 2.49 Moz Au (8.01 MT @ 9.67 g/t) Alwories Discovery Holes 1 4.72m @ 14.82 g/t Au (12-CT-173) 2.22m @ 14.10 g/t Au (12-CT-162) 2a 1.47m @ 23.60 g/t Au (12-CT-162) 2b 400 m Step-out 3.2m @ 5.34 g/t Au (11-CT-99) 2
  • 12. 12 12KM GOLD TREND IS MOSTLY UNEXPLORED GLACIATED TERRAIN WITH MINIMAL OUTCROP Curraghinalt Deposit Curraghinalt Trend 1 12-CT-162 drilled at 180/-55. 12-CT-173 drilled at 150/-60; 2a from 186.00 m- 188.22m, 2b from 229.08m - 230.55 m ; true width undetermined 2 11-CT-99 drilled at 200/-60, from 471.14-474.34 m 3 12-CT-167 drilled at 180/-45 True width between 95-92% of core length Curraghinalt Deposit Alwories Discovery Holes 1 4.72m @ 14.82 g/t Au (12-CT-173) 2.22m @ 14.10 g/t Au (12-CT-162) 2a 1.47m @ 23.60 g/t Au (12-CT-162) 2b Attagh Burn 2.47m @ 18.99 g/t Au Golan Burn Outcropping veins including 60cm @ 61.43 g/t Au (12-CT-167) 3 Gold Anomalies 400 m Step-out 3.2m @ 5.34 g/t Au (11-CT-99) 2 1 kilometres 0 2 Vein and Vein Intersections
  • 13. 13 OROGENIC VEIN SYSTEM Cross Section 54
  • 14. CLEAR PATH TO PRODUCTION
  • 15. 15 PATH TO PRODUCTION 1 Further prove economics of Curraghinalt deposit 2 Permit a mine 3 Finance construction
  • 16. 16 PEA SHOWS STRONG ECONOMICS KEY PEA DATA* GOLD PRICE: US$1,200/ounce NPV with 8% discount rate (After-tax) US$504 million IRR (After-tax) 36.2% Average Annual Production 162,000 ounces/year Processing Rate 1,700 tonnes/day Life of Mine 18 years Initial Capex ($48M contingency) US$249 million Cash Costs US$485/ounce Diluted Grade 9.3 g/t Au Gold Recovery 92% Payback 2.6 years * Prepared by Micon International Limited. PEA results released on October 30, 2014. 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. All dollars quoted in $ USD unless stated otherwise.
  • 17. 17 MET TESTING SHOWS MULTIPLE PROCESSING OPTIONS  92% recovery using standard CIL circuit (base case in PEA)  99% recovery using sequential gravity flotation circuit  PFS examining options in more detail  UG program providing additional material for sampling
  • 18. 18 UG 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 samples for metallurgical test work  Support the pre-feasibility study Proposed Tunnel Extensions at 170 m Level Existing Exploration Tunnel 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 Drill bays west Drill bays east Graphic at right is preliminary plan, which is still being fine-tuned Drill bay east
  • 19. 19 ESTIMATED TIMELINE Sep 2014 Oct Nov Dec Jan 2015 Feb Mar Apr May Jun Jul Aug Sep Oct Nov  2014/2015 Surface Work UG development UG drilling Resource update PEA update EIA preparation and submission Pre-feasibility study
  • 21. 21 NORTHERN IRELAND WELCOMES INVESTMENT  No. 1 Strategic priority of current government is the economy:  Targeting 25,000 new jobs; and  £1 billion of new investment  Invest Northern Ireland grant to Dalradian for $590,000 to support jobs and training during UG exploration phase Aug 2014 site visit by Arlene Foster, MLA, Minister for Enterprise, Trade and Investment
  • 22. 22 PERMITTING PROGRESS  Permitting process in Northern Ireland is thorough  Less than a year to permit underground exploration program  Transparent process: all stakeholder communications published on government website  Strong social license: 6:1 ratio of supporters to objectors for UG exploration program  EIA for mine: main components are project description and environmental statement
  • 24. 24 UPCOMING MILESTONES  Initial blasting  Commencement of UG drilling  Drill results  Final explosives storage licence  London listing  Completion of surface works
  • 25. 25 Patrick F.N. Anderson CEO 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