- Dalradian Resources is developing the high-grade Curraghinalt gold deposit located in Northern Ireland. - The deposit has a positive preliminary economic assessment showing potential for annual production of 145,000 ounces of gold over a 15-year mine life at low costs. - Dalradian has received planning permission to advance underground exploration development including extending an existing adit and installing a ramp to access and sample known gold-bearing veins.

1. High-Grade Gold │ Low-Cost │ Low-Risk │ Development │ Europe │
January 2014
Patrick F. N. Anderson
Chief Executive Officer

2. FORWARD-LOOKING INFORMATION AND QUALIFIED PERSON
This presentation contains “forward-looking information” which may include, but is not limited to, statements with respect to the completion of the acquisition (the
“Acquisition”) by the Company from a group of private vendors of approximately 1.3 million hectares of mineral rights over four greenstone belts and a historic silver mining
camp in Norway, future financial or operating performance of the Company 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 and limitations of insurance coverage. 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 and Norway, that permits required for the Company’s operations will be obtained in a timely basis in order to permit the
Company to proceed on schedule with its planned exploration and development programs, that skilled personnel and contractors will be available as the Company’s operations
continue to grow, that the price of gold will be at levels that render the Company’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 that the assumptions contained in the PEA 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 the
Company 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; 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.
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.
Some technical data in this presentation was taken from the technical report entitled “A Preliminary Economic Assessment of the Curraghinalt Gold Deposit, Tyrone Project,
Northern Ireland” dated September 6, 2012, 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”).
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.
2
2

3. OVERVIEW AND CORPORATE

4. DNA SNAPSHOT
 High grade gold deposit with growth potential
 Positive PEA shows a high margin and low capex producer
 Strong local and national support for Curraghinalt project in Northern Ireland
 Green light to proceed with underground
development and bulk sampling, pending
terms and conditions
Sample from the T17 vein
188 g/t of gold
103 g/t of silver
5.07% of copper
Looking forward
to an eventful
2014
4

5. DNA SUMMARY
ANALYST COVERAGE:
(targets range from $1.90-$0.80)
Bart Jaworski
TSX: DNA STOCK PRICE
Analyst
Targets
$1.90
Michael Curran
Mike Kozak
$2.0
$1.75
$1.60
$1.50
$1.6
$1.2
$0.8
$0.80
$0.68
Laurie Curtis
Jan 2014
Jul 2013
May 2013
Mar 2013
Jan 2013
Nov 2012
Sep 2012
Jul 2012
May 2012
Mar 2012
John Hayes
Jan 2012
Joe Mazumdar
January 6, 2014
Nov 2013
Steve Parsons
Sep 2013
Jamie Spratt
$1.10
$1.00
$0.4
$0.0
SHARE CAPITALIZATION
shares outstanding 89.5 million and
fully diluted of 97.0 million as of November 13, 2013
cash position of $9.4 million
as of September 30, 2013
All dollars quoted in $ CAD
5

6. IN FOUR YEARS WE HAVE:
2013
2012
2011
2010
2009
• Project
Acquisition December
• 600 k ounce gold
resource1
• Increased to
1.5 M ounce
gold resource1
• IPO - August
• 7 rigs onsite
• Increased to 2.7
M ounce gold
resource1
• Robust PEA
announced
• New discovery Alwories
• UG planning
permission
• VP Project
Development
hired
• Extensive drilling
and re-sampling
completed
1 Refer to appendix or press release dated Nov. 30, 2011 entitled “Dalradian Announces
Resource Increase at Curraghinalt” at www.dalradian.com
6

7. THE BOARD:
A TRACK RECORD OF DISCOVERY, DEVELOPMENT & PRODUCTION
PATRICK F. N. ANDERSON
JONATHAN A. RUBENSTEIN
CHIEF EXECUTIVE OFFICER
Director of Eldorado Gold Corporation
Founder & Former CEO of Aurelian Resources
Director of Detour Gold
‘08 – PDAC International Mineral Discovery
Chairman & Director of MAG Silver Corp.
‘08 – Northern Miner Man of the Year
Former Director of Aurelian Resources, Sutton
Resources, Canico Resource Corp &
Cumberland Resources
RONALD P. GAGEL
Former SVP and CFO of FNX Mining
THOMAS J. OBRADOVICH
ARI B. SUSSMAN
Founder & CEO OF CONTINENTAL GOLD
LIMITED
CHAIRMAN
Founder & Former CEO of Young-Davidson
Mines
Former Director of Aurelian Resources
SEAN E. O. ROOSEN
Founder & CEO OF Osisko Mining Corporation
Also Director of Astur Gold
‘06 – Prospector of the Year - Quebec
GRENVILLE THOMAS
Founder & Chairman of Strongbow
Exploration Inc.
Founder & Former Chairman, President &
Director of Aber Resources (Harry Winston
Diamond Corp.) now Dominion Diamond
‘99 – PDAC Prospector of the Year
‘01 – Northern Miner Man of the Year
‘09 – Canadian Mining Hall of Fame
‘08 – Prospector of the Year - Canada
‘09 – Northern Miner Man of the Year
7

8. MANAGEMENT:
THE A-TEAM
PATRICK F. N. ANDERSON
KEITH D. MCKAY
CHIEF EXECUTIVE OFFICER
CHIEF FINANCIAL OFFICER
Founder & Former CEO of Aurelian Resources
Former CFO of Aurelian Resources
‘08 – PDAC International Mineral Discovery
‘08 – Northern Miner Man of the Year
TIM WARMAN
RUTH IVES
PRESIDENT
VP PROJECT DEVELOPMENT
Former VP, Corporate Development of
Aurelian Resources
Over 18 years of hands on mining experience
Also Director of Continental Gold Ltd.
Senior engineering & mine planning roles
in over seven underground gold operations,
including narrow vein
MICHELE COTE
MARLA GALE
VP EXPLORATION
VP COMMUNICATIONS
Over 18 years of experience as an exploration
geologist
18 years of experience
Senior communications roles at
Endeavour Mining and Aurelian Resources
8

9. NORTHERN IRELAND

10. METAL PRODUCTION IN IRELAND & THE UK
 Our flagship asset: Curraghinalt high-grade lode gold deposit
Gold
Base Metals
Salt Mine
 Excellent regional infrastructure
 Over 84,000 hectares under license
Scotgold
Permitted
NORTHERN
IRELAND
Curraghinalt
Curraghinalt Gold
Deposit
Cavanacaw
Croagh Patrick
Galantas
Gold
Irish Salt
Mining
Vedanta Resources
In production
Clontibret
Tara
Galmoy
Silvermines
Pallas Green
Omagh
Avoca
Lisheen
Gwynfynydd
Clogau
IMC Exploration
354 g/t gold over 1.5m
Allihies Copper
Mines
Xstrata
Feasibility
Boliden
In production
Parys Mountain
BELFAST
Conroy
Diamonds
& Gold
Underground
Salt Mine
Galantas Gold
In production
Lonmin
Gortin
Cononish
Conroy
+1M ounce resource
Lundin
In production
Gold Mines of Wales
U/G grab sample - 263 g/t gold
South Crofty
10

11. COUNTY TYRONE IS RESOURCE FRIENDLY
Curraghinalt
Clear Cut Logging at Gortin Glen Forest Park
Cavanacaw Open Pit Approx 30 km SW
Curraghinalt
Gortin
125 Metres
DG3
Alwories Quarry
0
1
2
kilometres
Greencastle Quarry
11

12. SOCIAL LICENSE
“It is incomprehensible that our local youth are having to travel 12,000 miles to work in exploration
and extraction of mineral resources when we have potential similar opportunities a mile away. Every
effort should be made to expedite this project safely and effectively.”
“The employment produced from this venture is critical to local work forces at this
time. I urge you to grant approval.”
Awarded
Top 30 IrishNorth
American
Companies
for 2012 &
2013
To date, the Dept. of Environment has received
a total of 92 letters and three petitions of
support for the Curraghinalt Underground
Program and 39 objecting letters
“It makes economic sense to allow DGL to determine whether a future mining project is viable. Not giving planning
permission would be to send out a clear signal that Northern Ireland is not open for investment from outside
companies.”
“Dalradian makes every effort to maintain good community relations, protect the environment and
work with all local people providing employment and training.”
Epicdocs.planningni.gov.uk. 2011. Public Access. Available at: http://epicdocs.planningni.gov.uk/ShowCaseFile.aspx?appNumber=K/2013/0072/F Accessed: 19 Aug 2013.
Dalradian supports the local MS Society
12

13. CURRAGHINALT

14. DEVELOPMENT OF A HIGH-GRADE DEPOSIT
 Gold resource covers a fraction of
known mineralization
 High-grade 2.7M ounce gold
resource (all categories)1
 Measured: 0.02 MT grading 21.51 g/t Au
for 10,000 contained ounces
 Indicated: 1.11 MT grading 12.84 g/t Au
for 460,000 contained ounces
 Inferred: 5.45 MT grading 12.74 g/t Au
for 2.23 million contained ounces
 Positive PEA shows a high margin
and low capex producer
1 Refer to press release dated Nov. 30, 2011 entitled “Dalradian Announces Resource
Increase at Curraghinalt” at www.dalradian.com
14

15. A 12KM GOLD TREND
GLACIATED TERRAIN WITH MINIMAL OUTCROP
Golan Burn
Outcropping veins including
60cm @ 61.43 g/t Au
Attagh Burn
2.47m @ 18.99 g/t Au
400 m Step-out
Curraghinalt
Deposit
3.2m @ 5.34 g/t Au
Curraghinalt
Trend
Alwories Discovery Holes
4.72m @ 14.82 g/t Au
2.22m @ 14.10 g/t Au
1.47m @ 23.6 2g/t Au
Curraghinalt Deposit
Resource as at Nov 2011 –
Measured: 0.01 Moz Au (0.02MT @ 21.51 g/t)
Indicated: 0.46 Moz Au (1.11MT @ 12.84 g/t)
Inferred: 2.23 Moz Au (5.45 MT @ 12.74 g/t)
Curraghinalt Trend
Veins in Current Resource
Intersected Veins
Historical Findings
Geochem Anomaly
Intercept in hole 11-CT-99 projected up dip to 170m mSL
15

16. MESOTHERMAL VEIN SYSTEM
CROSS-SECTION
ADIT
16

17. CURRAGHINALT: A GROWING RESOURCE
3.6 km
4.72 m @ 14.82 g/t Au
Curraghinalt
Alwories
0m asl
2.22 m @ 14.1 g/t Au
2.47 m @ 5.19 g/t Au
-500m asl
1.47 m @ 23.6 g/t Au
2007 Resource
3.20 m @ 5.34 g/t Au
8.34 m @ 5.84 g/t Au
2010 Resource
-1000m asl
259500E
259000E
258500E
Drilling post 2011 Resource
258000E
2012 Interpreted vein extents
257500E
2011 Resource
17

18. PRELIMINARY
ECONOMIC
ASSESSMENT
MICON, JULY 2012

19. PRELIMINARY ECONOMIC ASSESSMENT
KEY PEA DATA*
NPV with 8% discount rate (After-tax)
IRR (After-tax)
Average Annual Production
Processing Rate
3 YEAR TRAILING AVERAGE
GOLD PRICE:
$1378/ounce
5 YEAR TRAILING AVERAGE
GOLD PRICE:
$1,166/ounce
$467 million
$331 million
41.9%
33.4%
145,000 ounces/year
1,700 tonnes/day
Life of Mine
15 years
Initial Capex ($38M contingency)
Cash Costs
$192 million
$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. 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
19

20. DEVELOPMENT

21. CURRAGHINALT ADIT
WORKING OFF
EXISTING
INFRASTRUCTURE,
WE PLAN TO BEGIN
ADVANCING ON THE
VEINS
21

22. UNDERGROUND EXPLORATION DEVELOPMENT
DALRADIAN HAS RECEIVED
PLANNING PERMISSION TO
COMPLETE APPROXIMATELY 2,000 M
OF UNDERGROUND EXPLORATION
DEVELOPMENT
Existing
Exploration
Tunnel
 Extend the existing adit by
approximately 45 m to intersect
the 106-16 Vein
 Drift along several of the known
veins & demonstrate vein
continuity
 Install a ramp to access 150 m
level, approximately 20 m below
existing workings
 Removal of large bulk sample for
metallurgical test work
Proposed Crusher
Ramp
Proposed
Stopes
T17
Vein
Proposed Tunnel Extensions
at Sub-Level
No. 1
Vein
Proposed Tunnel
Extensions at 170 M
Level
Proposed Access Ramp
to Sub-Level
106-16
Vein
22

23. CONCEPTUAL SUBLEVEL DEVELOPMENT
2,000 M PLANNED WITH THE GOAL TO:
 Demonstrate continuity of thickness and grade of mineralized veins
 Convert additional resources to Measured and Indicated
 Test mining and backfill methods
 Investigate geotechnical and hydrogeological conditions
 Produce a bulk sample for metallurgical test work
ROAD
MULLAN
T17
PLANNED
DEVELOPMENT
SHEEPDIP
CROW
BEND
No. 1
106_16
 Test the permitting process
EXISTING DEVELOPMENT
PLANNED
DEVELOPMENT
PLANNED
STOPING
23
23

24. UNDERGROUND PROJECT TIMELINE
 Months
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
Receipt of planning permission with final terms and conditions
Surface Work
Exploration Tunneling
Test Stoping
Hydrogeology & Geotechnical Studies
Backfill testing
Metallurgical Testing
24

25. UPCOMING MILESTONES
NOW THAT WE HAVE A POSITIVE PLANNING RECOMMENDATION BY SPD
 Issuance by the Strategic Planning Division of final planning permission, including terms
and conditions, expected shortly
 Compliance by Dalradian with planning pre-conditions, including approval of various
environmental management plans in Q1 2014
 Awarding of surface and underground contracts by Dalradian
in Q1 2014
 Commencement of earthworks in Q1 2014
 Mineral Resource update in Q1 2014
 Preliminary Economic Assessment update in Q2 2014
 Commencement of underground blasting in Q2 2014
 Stoping begins in Q3 2014
 Metallurgical testing in Q4 2014
25

26. 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
26

27. LAND POSITION
NORTHERN NORWAY
Greenstone Belts
Volcanic Belts
& Metasediments
NORWAY
Bidjovagge
SWEDEN
NORWAY
FINLAND
Pasvik
Pechenga
RUSSIA
Kautokeino
Kittilä
SOUTHERN NORWAY
Kongsberg
Oslo
Karasjok
RUSSIA
Sakattilampi
Rombak
FINLAND
SWEDEN
NORTHERN NORWAY
 Four concessions over three greenstone belts and a basement
window
 10 gold-in-till anomalies identified
SOUTHERN NORWAY
 Kongsberg concession hosting an historic silver mining district
 Five silver targets identified
27

28. 43-101 RESOURCE
2007 RESOURCE

High-grade 600 k ounce gold resource
(all categories)1
−
−
Indicated: 0.57 MT grading 13.95 g/t Au for 250,000
contained ounces
Inferred: 0.64 MT grading 17.15 g/t Au for 350,000
contained ounces
Norway
2010 RESOURCE

High-grade 1.5M ounce gold resource
(all categories)1
−
−
Indicated: 0.95 MT grading 13.24 g/t Au for 400,000
contained ounces
Inferred: 2.46 MT grading 14.64 g/t Au for 1.16 million
contained ounces
Northern
Ireland
2011 RESOURCE

High-grade 2.7M ounce gold resource
(all categories)1
−
−
−
Measured: 0.02 MT grading 21.51 g/t Au for 10,000
contained ounces
Indicated: 1.11 MT grading 12.84 g/t Au for 460,000
contained ounces
Inferred: 5.45 MT grading 12.74 g/t Au for 2.23 million
contained ounces
1
Refer to press release dated Nov. 30, 2011 entitled “Dalradian Announces
Resource Increase at Curraghinalt” at www.dalradian.com
28