1. The
European
Explorer
│
October
2012
Patrick
F.
N.
Anderson
Chairman
and
Chief
Execu9ve
Officer

2. Forward-­‐Looking
Statement
&
Qualified
Persons
This
presenta9on
contains
“forward‑looking
informa9on”
which
may
include,
but
is
not
limited
to,
statements
with
respect
to
the
comple9on
of
the
acquisi9on
(the
“Acquisi9on”)
by
the
Company
from
a
group
of
private
vendors
of
approximately
1.7
million
hectares
of
mineral
rights
over
four
greenstone
belts
and
a
historic
silver
mining
camp
in
Norway,
future
financial
or
opera9ng
performance
of
the
Company
and
its
mineral
projects,
the
future
price
of
metals,
the
es9ma9on
of
mineral
resources,
the
realiza9on
of
mineral
resource
es9mates,
the
9ming
and
amount
of
es9mated
future
produc9on,
costs
of
produc9on,
capital,
opera9ng
and
explora9on
expenditures,
costs
and
9ming
of
the
development
of
new
deposits,
costs
and
9ming
of
future
explora9on,
requirements
for
addi9onal
capital,
government
regula9on
of
mining
opera9ons,
environmental
risks,
reclama9on
expenses,
9tle
disputes
or
claims
and
limita9ons
of
insurance
coverage.
ORen,
but
not
always,
forward‑looking
statements
can
be
iden9fied
by
the
use
of
words
and
phrases
such
as
“plans,”
“expects,”
“is
expected,”
“budget,”
“scheduled,”
“es9mates,”
“forecasts,”
“intends,”
“an9cipates,”
or
“believes”
or
varia9ons
(including
nega9ve
varia9ons)
of
such
words
and
phrases,
or
state
that
certain
ac9ons,
events
or
results
“may,”
“could,”
“would,”
“might”
or
“will”
be
taken,
occur
or
be
achieved.
Forward-­‐looking
statements
are
based
on
the
opinions
and
es9mates
of
management
as
of
the
date
such
statements
are
made
and
are
based
on
various
assump9ons,
such
as
approvals
from
the
Toronto
Stock
Exchange
and
the
Norwegian
Directorate
of
Mining
will
be
obtained
in
respect
of
the
Acquisi9on,
the
con9nued
poli9cal
stability
in
Northern
Ireland
and
Norway,
that
permits
required
for
the
Company’s
opera9ons
will
be
obtained
in
a
9mely
basis
in
order
to
permit
the
Company
to
proceed
on
schedule
with
its
planned
drilling
programs,
that
skilled
personnel
and
contractors
will
be
available
as
the
Company’s
opera9ons
con9nue
to
grow,
that
the
price
of
gold
will
be
at
levels
that
render
the
project
economic,
or
that
the
Company
will
be
able
to
con9nue
raising
the
necessary
capital
to
finance
its
opera9ons
and
realize
on
mineral
resource
es9mates,
and
that
the
assump9ons
contained
in
the
Preliminary
Economic
Assessment
rela9ng
to
the
Curraghinalt
Deposit
are
accurate
and
complete.
Forward‑looking
statements
involve
known
and
unknown
risks,
uncertain9es
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,
compe99ve,
poli9cal
and
social
uncertain9es;
the
actual
results
of
current
and
future
explora9on
ac9vi9es;
actual
results
of
reclama9on
ac9vi9es;
conclusions
of
economic
evalua9ons;
changes
in
project
parameters
and/or
economic
assessments
as
plans
con9nue
to
be
refined;
future
prices
of
metals;
possible
varia9ons
of
mineral
grade
or
recovery
rates;
the
risk
that
actual
costs
may
excel
es9mated
costs;
failure
of
plant,
equipment
or
processes
to
operate
as
an9cipated;
accidents,
labour
disputes
and
other
risks
of
the
mining
industry;
poli9cal
instability;
delays
in
obtaining
governmental
approvals
or
financing
or
in
the
comple9on
of
development
or
construc9on
ac9vi9es,
as
well
as
those
factors
discussed
in
the
sec9on
en9tled
“Risk
Factors”
in
the
Company’s
Annual
Informa9on
Form.
Although
the
Company
has
a]empted
to
iden9fy
important
factors
that
could
cause
actual
ac9ons,
events
or
results
to
differ
materially
from
those
described
in
forward‑looking
statements,
there
may
be
other
factors
that
cause
ac9ons,
events
or
results
to
differ
from
those
an9cipated,
es9mated
or
intended.
Forward‑looking
statements
contained
herein
are
made
as
of
the
date
of
this
presenta9on
and
the
Company
disclaims
any
obliga9on
to
update
any
forward‑looking
statements,
whether
as
a
result
of
new
informa9on,
future
events
or
results,
except
as
may
be
required
by
applicable
securi9es
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
an9cipated
in
such
statements.
Accordingly,
readers
should
not
place
undue
reliance
on
forward‑looking
statements.
Some
technical
data
in
this
presenta9on
was
taken
from
the
technical
report
en9tled
“An
Updated
Mineral
Resource
Es9mate
for
the
Curraghinalt
Gold
Deposit,
Tyrone
Project,
County
Tyrone
and
County
Londonderry,
Northern
Ireland
dated
January
10,
2012,
prepared
by
B.
Terrence
Hennessey,
P.Geo.,
and
Dibya
Kan9
Mukhopadhyay,
M.Sc.,
MAusIMM,
of
Micon
Interna9onal
Limited
(the
Technical
Report ).
Mar9n
Moloney,
BSc.(hons),
M.AIG,
Senior
Geologist,
Dalradian
Resources,
is
the
Qualified
Person
who
supervised
the
prepara9on
of
the
explora9on
technical
data
for
Northern
Ireland
in
this
presenta9on.
Michele
L.
Cote,
MSc.,
P.
Geo.,
Dalradian
Resources,
is
the
Qualified
Person
who
supervised
the
prepara9on
of
the
explora9on
technical
data
for
Norway
in
this
presenta9on.
John
McCombe,
PEng,
Chief
Opera9ng
Officer,
Dalradian
Resources
Inc.,
is
the
Qualified
Person
who
supervised
the
prepara9on
of
the
development
technical
data
in
this
presenta9on.
The
technical
informa9on
contained
in
this
news
release
is
based
upon
informa9on
prepared
by
Messrs.
Hennessey,
Jacobs,
Villeneuve,
Damjanović
and
Foo
of
Micon
Interna9onal
Ltd.,
who
are
each
a
Qualified
Person
as
defined
by
NI
43-­‐101.
Messrs.
Hennessey,
Jacobs,
Villeneuve,
Damjanović
and
Foo
are
independent
of
Dalradian
as
defined
by
NI
43-­‐101.
2

3. Agenda
1.
Dalradian
Summary
2.
Northern
Ireland
Project
IntroducDon
Norway
3.
ExploraDon
–
Northern
Ireland
Northern
Ireland
4.
Curraghinalt
Deposit
-­‐
Resource
Summary
5.
Preliminary
Economic
Assessment
Results
6.
ExploraDon
–
Norway
3

4. Capital
Structure
DNA
STOCK
PRICE
TSX,
OTCQX:
DNA,
DRLDF
$3.00
Shares
outstanding:
89.5
million
Fully
diluted
:
97.5
million
(September
30,
2012)
$2.50
Market
cap:
$113.5
million
(October
2,
2012)
Average
volume:
128,439
$2.00
(30
day)
Oct. 19, 2012
$1.50
52
Week
Range:
$2.42
-­‐
$0.62
$1.50
Insider
ownership:
6%
(approximate)
$1.00
Cash
balance:
$32.7
million
(as
at
June
30,
2012)
$0.50
Jamie
Spra]
Analyst
coverage:
$0.00
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Craig
Stanley
2012
2012
2012
2012
2012
2012
2012
2012
2012
2012
All
dollars
quoted
in
$
CAD
4

5. Our
Board:
A
Track
Record
of
Discovery
and
Development
PATRICK
F.
N.
ANDERSON
KEITH
D.
MCKAY
CHIEF
EXECUTIVE
OFFICER
CHIEF
FINANCIAL
OFFICER
Former
CEO
of
Aurelian
Resources
Former
CFO
of
Aurelian
Resources
Also
Director
of
Colossus
Minerals
and
ConDnental
Gold
COLIN
K.
BENNER
THOMAS
J.
OBRADOVICH
CHAIRMAN
OF
DELTA
MINERALS
AND
AURICO
GOLD
CHAIRMAN
Also
Director
of
Mercator
Minerals,
Lundin
Mining,
Chairman
of
Lago
Dourado
Minerals
Troon
Ventures,
and
Corsa
Capital
Former
CEO
of
Young-­‐Davidson
Mines
Former
Director
of
Aurelian
Resources
JOSEPH
F.
CONWAY
SEAN
E.
O.
ROOSEN
CEO
OF
PRIMERO
MINING
CORP.
CEO
OF
OSISKO
MINING
CORPORATION
Former
CEO
of
IAMGOLD
Also
Director
of
Rio
Novo
Gold,
Bowmore
ExploraDon
and
Astur
Gold
RONALD
P.
GAGEL
ARI
B.
SUSSMAN
Former
SVP
and
CFO
of
FNX
Mining
EXECUTIVE
CHAIRMAN
OF
COLOSSUS
MINERALS
Also
Director
of
Adriana
Resources
CEO
OF
CONTINENTAL
GOLD
LIMITED
and
Stonegate
Agricom
5

6. Our
Management
Team:
PATRICK
F.
N.
ANDERSON
KEITH
D.
MCKAY
CHIEF
EXECUTIVE
OFFICER
CHIEF
FINANCIAL
OFFICER
Former
CEO
of
Aurelian
Resources
Former
CFO
of
Aurelian
Resources
Also
Director
of
Colossus
Minerals
and
ConDnental
Gold
TIM
WARMAN
MICHELE
COTE
PRESIDENT
VICE
PRESIDENT
EXPLORATION
Former
VP,
Corporate
Development
of
Over
17
years
of
experience
as
an
explora9on
geologist
Aurelian
Resources
Also
Director
of
ConDnental
Gold
Ltd.
MARTIN
MOLONEY
ED
KELLEHER
EXPLORATION
MANAGER
VICE
PRESIDENT
SHEA
&
PERMITTING
Over
15
years
of
experience
as
an
Former
Director
of
Environment
&
Permiqng
explora9on
geologist
Kinross
Ecuador
6

7. The
European
ExploraDon
Company
NORTHERN
IRELAND
NORWAY
§ Posi9ve
PEA
including:
§ Posi9oned
for
mineral
discovery
− ARer-­‐tax
IRR:
41.9%
− Under-­‐explored
in
the
20th
century
− Cash
Opera9ng
Costs:
US
$532/oz
− Several
northern
greenstone
belts
with
known
mineraliza9on
− Produc9on:
Approx.
145,000
oz/year
over
15
year
mine
life
− Historic
Kongsberg
silver
district
in
south
§ High-­‐grade
2.7M
ounce
gold
resource
(all
categories)1
§ Regional
sampling
program
underway
− Ini9al
stream
sediment
sampling
program
− Measured:
0.02
MT
grading
21.51
g/t
Au
for
completed
in
Kongsberg
silver
district
10,000
contained
ounces
− Ini9al
9ll
sampling
program
completed
− Indicated:
1.11
MT
grading
12.84
g/t
Au
for
over
Kautokeino
greenstone
belt
460,000
contained
ounces
− Inferred:
5.45
MT
grading
12.74
g/t
Au
for
2.23
million
contained
ounces
§ Pro-­‐mining
Investment
§ 18,000m
drilling
program
started
July
9,
2012
− Government
investment
in
geological
surveys
1
Refer
to
press
release
en9tled
“Dalradian
Announces
Resource
Increase
at
Curraghinalt”
at
www.dalradian.com
7

8. Northern
Ireland:
§ Our
flagship
asset:
Curraghinalt
U.K.
&
BRITISH
ISLES
NORTHERN
mesothermal
high-­‐grade
gold
deposit
IRELAND
§ Excellent
regional
infrastructure
Curraghinalt
Deposit
§ Over
84,000
hectares
under
explora9on
Lonmin
§ Poten9al
exists
for
further
precious
and
base
metals
deposits
Irish
Salt
Mining
Gor9n
Rousky
Cavanacaw
Galantas
Gold
Omagh
BELFAST
Conroy
Diamonds
&
Gold
In
produc9on
Exploring
for
Pla9num
and
Extensive
since
late
2007
gold
along
a
palladium
underground
50
km
trend
explora9on
mining
8

9. Three-­‐Pronged
ExploraDon
Approach
18,000
METRE
DRILLING
PROGRAM
Curraghinalt
Grow
exisDng
resource
Deposit
GROW
§ Increase
confidence
in
current
resource
numbers
§ Commenced
drilling
high
priority
targets
July
2012
Explore
along
strike
from
Curraghinalt
EXTEND
§ 8
km
trend
-­‐
Extend
known
limits
of
the
deposit
§ Test
targets
generated
from
recent
geochemical
and
geophysical
anomalies
§ Anomaly
A
target
tested
–
1.7
km
step-­‐out
Curraghinalt
returned
2.22m
grading
14.07
g/t
gold
&
1.47m
Trend
grading
23.62
g/t
gold
Wildcat
holes
-­‐
Explore
regional
targets
Four
WILDCAT
§ Test
regional
targets
generated
from
recent
Concessions
geochemical
and
geophysical
anomalies
9

10. Curraghinalt:
2012
May 2 Jul 18 Jul 25 Aug 1 Sep 10 Sep 19 Sep 27 Oct 9
2012
Dalradian reports assays from Completes airborne Dalradian reports Dalradian receives Dalradian files 1700 metre step-out
14,673 metre program – 13.8 g/ geophysical survey positive PEA for water discharge 43-101 Technical hole - 2.22m grading
t gold over 3.35m, 10.43 g/t Curraghinalt permit for the Report for the 14.07 g/t gold and
gold over 3.75m and 22.83 g/t Curraghinalt deposit Curraghinalt Gold 1.47m grading 23.62
gold over 1.48m Deposit PEA g/t gold
Dalradian hits two of
Dalradian Completes the best main vein
Crow
surface surveys: soil intercepts in the
Bend
geochem grid identifies history of the project,
106-­‐16
new targets, grab including a 120m
No1
sample returns 68 g/t step-out and new
T17
gold, drill mobilized discovery shows the
Sheep Dip
Mullan
hanging wall and
Road
footwall zones are
gold bearing
S
10 Curraghinalt
Trend
10

11. Curraghinalt
Deposit
N
Road
ABB-­‐D
Sheep
Dip
ABB-­‐G
Mullan
T17
Kiln
Shear
No1
106-­‐16
Crows
Foot
Shear
Bend
Crow
106-­‐16
2.0m:
24.0
g/t
@
depth
41.5m
3.3m:
16.9
g/t
@
depth
615.7m
No
1
2.0m:
48.7
g/t
@
depth
77.0m
1.6m:
56.3
g/t
@
depth
416.2m
T17
4.1m:
42.7
g/t
@
depth
42.9m
2.5m:
20.5g/t
@
depth
226.9m
Veins
in
Current
Resource
Newly
intersected
Veins
Interpreted
Veins
Along
Trend
Anomalous
Veins
11 prepared
by
Micon
Interna9onal
Limited,
dated
January
10,
2012.
Report
2012
Drill
Hole
Includes
drilling
up
to
August
2011
–
more
than
13,000
metres
drilled
on
the
deposit
since
resource
cut-­‐off.
11

12. Cross
SecDon
12-­‐CT-­‐156
CROSS-­‐SECTION
A
–
A’
12

13. Curraghinalt
Trend
GLACIATED
TERRAIN
WITH
MINIMAL
OUTCROP
Golan
Burn
Outcropping
veins
including
60cm
@
61.43
g/t
Au
8
km
Curraghinalt
Deposit
Hole
11-­‐CT-­‐99
3.2m
@
5.34
g/t
Au
Curraghinalt
Trend
Hole
12-­‐CT-­‐162
Scotch
Town
1.47m
@
23.6
g/t
Au
Peak
of
10.52
g/t
Au
2.22m
@
14.1
g/t
Au
In
mineralized
boulders
1700
m
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
Alworries
(5.45
MT
@
12.74
g/t)
1.88
metres
@
20.8
g/t
Au
in
vein
in
quarry
Intercept
in
hole
11-­‐CT-­‐99
projected
up
dip
to
170m
mSL
13

14. Curraghinalt
14
14

15. Recent
Findings:
C
Veins
CURRAGHINALT
VEIN
RELATIONSHIPS
§ Gold
bearing
cross-­‐
cuqng
structures
known
as
“C”
vein
swarms
§ Evalua9ng
the
poten9al
contribu9on
to
the
resource
at
Curraghinalt
§ 80
km
of
core
unsampled
15

16. C
Vein
Swarms
–
An
Untested
Resource…
“C” Vein
Pervasive Carbonate Alteration C Veinlet Swarm
16
16

17. ExploraDon
Plan
GROW
§ Complete
re-­‐evalua9on
of
the
deposit
– Ini9al
evalua9on:
Sample
~
30km
of
core
– New
sec9onal
interpreta9on
/
wireframes
§ Infill
drilling
where
warranted
EXTEND
§ Target
high
grade
shoots
at
depth
§ Target
shallow
ounces
along
strike
WILDCAT
§ Test
exis9ng
trend
&
regional
targets
§ Expand
soil
geochemistry
coverage
17

18. ExploraDon
Summary
§ In
the
last
2
years…
– >4-­‐fold
increase
in
contained
ounces
– Implemented
a
modern
explora9on
organiza9on
§ Deposit
is
open
in
all
direc9ons
§ Successfully
targeted
high
grade
shoots
at
depth
§ “C”
veinlets,
a
game
changer…
– Reduce
dilu9on
– Stand-­‐alone
ounces?
– Poten9al
for
alterna9ve
mining
methods
§ Big
trend
&
excellent
explora9on
tools
(soil,
IP)
§ Clear
strategy,
competent
team
18

19. Curraghinalt:
A
Growing
Resource
CURRAGHINALT
RESOURCE
ESTIMATE
§ 1986-­‐1987
resources
es9mates
are
historical
non
43-­‐101
compliant
resources
Millions
of
Ounces
Metres
Drilled
§ 2003
to
2011
resource
es9mates
are
reported
43-­‐101
compliant
3.0
50,000
2.5
40,000
2.0
30,000
1.5
20,000
1.0
10,000
0.5
0.0
0
2007
2010
DNA
2011
DNA
(Pre-­‐DNA)
Year
1
Year
2
27
years
of
work
2
years
of
work
Images presented for illustrative purposes only 19

20. Preliminary
Economic
Assessment
3
YEAR
TRAILING
AVERAGE
GOLD
PRICE:
$1378/
KEY
PEA
DATA*
ounce
NPV
with
8%
discount
rate
$467
million
IRR
(ARer-­‐tax)
41.9%
Payback
from
Day
1
of
Construc9on
2
years
Average
Annual
Produc9on
145,000
ounces/year
Life
of
Mine
15
years
Ini9al
Capex
($38M
con9ngency)
$192
million
Cash
Costs
$532/ounce
or
$125/tonne
Diluted
Grade
8.1
g/t
Au
Gold
Recovery
92%
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.
*
Prepared
by
Micon
Interna9onal
Limited
All
dollars
quoted
in
$
USD
unless
stated
otherwise
20
20

21. PEA:
Mining
Longhole
Mining
with
Ramp
Access
&
Truck
Haulage:
§ Local
availability
of
experienced
longhole
miners
§ More
dilu9ve
than
cut
and
fill
but
less
expensive
and
easier
to
manage
§ Cost
trade-­‐off
not
material
§ 1.8
metres
mined
width
(80%
dilu9on
on
resource)
§ 20
metre
sub
level
spacing
§ Less
than
10
working
faces
at
any
one
9me
Longhole
Mining
at
Bulyanhulu
Gold
Mine
PRODUCTION
RATE
MINING
COST
PROJECT
(TPD)
(US$/T
MILLED)
COMMENTS
Curraghinalt
1,700
$76.50
(US$/t
mined)
(Dalradian,
N.
Ireland)
1.8
m
stope
widths
(planned)
(PEA
es9mate)
Bulyanhulu
(African
Barrick,
Tanzania)
3,300
$156.00
Narrow,
steeply-­‐dipping
veins
Daisy
Milano
(Silver
Lake
Resources,
W.
540
Cash
Costs
of
$660/oz
Stope
widths
down
to
1
m
Australia)
Lawlers
$30.06
(Barrick,
Australia)
2,200
Shallow
dipping
veins,
2-­‐6
m
thick
21 (2003)
21
21

22. PEA:
Processing
OpDons
Examined:
Preferred
opDon:
§ Grinding
–
Whole
Ore
Leach
§ Crushing,
grinding,
whole
ore
cyanida9on
and
conven9onal
tailings
disposal
§ Grinding
–
Gravity
–
Flota9on
of
Gravity
Tails
–
CN
of
Flota9on
Concentrate
§ 92%
gold
recovery
§ Grinding
–
Gravity
–
Flota9on
–
Sale
of
Concentrate § Opportunity
for
further
op9miza9on
(s)
of
mill
circuit
§ Grinding
–
Cu
Flota9on
–
Pyrite
Flota9on
–
CN
of
Pyrite
Concentrate
22
Rio
Tinto
Group's
Northparkes
mine
in
Parkes,
New
South
Wales,
Australia
22
22

23. Development
Next
Steps
Gemng
Back
Underground
Permimng:
§ Working
with
government
to
op9mize
the
permiqng
process
§ Pre
consulta9on
permiqng
discussions
with
10+
agencies
§ Formal
submission
of
applica9on
for
underground
explora9on
development
Underground
ExploraDon
Development:
§ 2,000
metres
of
underground
development
§ Prove
up
vein
con9nuity
§ Demonstrate
mining
method
works
23

24. Becoming
Part
of
the
Community
24

25. Norway:
“Let
the
Treasure
Hunt
Begin”
Industry
Minister,
Trond
Giske
at
Press
conference
announcing
new
direc9on
in
mineral
strategy
for
Norway
25

26. Another
Mining
Friendly
JurisdicDon
• The
new
Mineral
Act
legisla9on
passed
in
N O R W A Y
January
2010
to
promote
mining
ac9vi9es
Pasvik
• Minister
of
Industry
announces
large
Karasjok
Kautokeino
investment
over
4
years
to
iden9fy
mineral
resources
Rombak
• Dalradian
has
acquired
mineral
rights
over
6
areas
including
three
greenstone
belt,
a
basement
window
and
a
historic
silver
mining
district
SCANDINAVIA
• Proper9es
total
more
than
1,700,000
hectares
Sweden
• Country
with
good
infrastructure,
educated
workforce
and
stable
government
Finland
Kongsberg
Norway
OSLO
Bamble
26

27. Here
be
Monsters…
1. Kimlä
Gold
Mine
Bidjovagge
4
3
Pechenga
– Largest
gold-­‐mine
in
Europe
Pechenga
Kimlä
1
2
Sakamlampi
Kimlä
– Total
combined
MI&I
=
7.2Moz
Au
Sakamlampi
2. SakaDllampi
Discovery
SWEDEN
RUSSIA
– Possibly
largest
nickel-­‐copper
deposit
discovery
in
Europe
(reported
samples
of
4%Ni)
FINLAND
– Announced
by
AngloAmerican
NORWAY
on
November
3rd,
2011
HELSINKI
3. Pechenga
District
OSLO
STOCKHOLM
– In
Russia
~
25km
from
Norwegian
border
– Probable
reserves
of
150Mt
@
1%
Ni
and
Proven
Reserves
of
30Mt
@
2%
Ni,
1%
Cu,
0.04%
Co
Other
Producing
Mines
Dalradian
Concession
Areas
4. Bidjovagge
Gold-­‐Copper
Mine
Greenstone
Belts
– Historical
produc9on
of
greater
than
200,000
ounces
of
Au
&
14
M
pounds
of
Cu
27

28. Northern
Concessions
Kautokeino
Concession
§ Explora9on
program
focused
on
Kautokeino
greenstone
belt
–
largest
of
the
3
belts
§ Program
of
2,378
9ll
samples
completed
N
§ Completed
9ll
orienta9on
survey
around
former
producing
gold
mine,
Bidjovagge
Other
Northern
Concessions
§ Extensive
program
of
consolida9ng
and
reinterpre9ng
historic
and
new
geophysical
data
to
iden9fy
priority
explora9on
targets
over
all
4
concessions
§ Goal
is
to
be
drilling
our
best
targets
by
2013
28

29. Kongsberg
in
the
Southern
Concessions
§ Historic
silver
mining
district
with
produc9on
of
40+
million
ounces
with
average
grades
of
356
g/t
silver
§ 3
teams
on
stream
sediment
sampling
program
of
1,000
samples
–
approximately
50%
complete
§ Crews
will
return
in
Q1
2013
for
program
comple9on
§ Sampling
of
historical
precious
and
base
metal
occurrences
underway
§ Extensive
program
of
reviewing
and
reprocessing
new
and
historic
geophysical
data
to
iden9fy
priority
explora9on
targets
§ Goal
is
to
be
drilling
our
best
targets
by
2013
29

30. Moving
Ahead
NORTHERN
IRELAND
Advanced
ExploraDon
§ Grow
Exis9ng
Resource
EXPLORATION
§ Explore
Along
Strike
from
Curraghinalt
§ Explore
Regional
Targets
for
New
Discovery
Norway
Underground
Development
§ 8
km
trend
-­‐
Extend
known
limits
Northern
DEVELOPMENT
of
the
deposit
Ireland
§ Test
targets
generated
from
recent
geochemical
NORWAY
Greenfields
ExploraDon
EXPLORATION
§ Extensive
program
to
iden9fy
priority
explora9on
targets
30

31. The European Explorer
Patrick F. N. Anderson
Chairman &
Chief Executive Officer
Investor Relations
Shae-Lynn Mathers
Director, Investor Relations
smathers@dalradian.com
416.583.5622
Trading Symbol:
DNA on TSX
Executive Office:
Dalradian Resources Inc.
155 Wellington Street West
Suite 2920
Toronto, Ontario
Canada M5V 3H1
www.dalradian.com
31

32. Curraghinalt
NI
43-­‐101
Technical
Report
Prepared
by
Micon
InternaDonal
Limited
§ Dated
January
10,
2012
§ Updated
from
May
10,
2010
and
reflects
revised
gold
price
Curraghinalt Mesothermal Gold Deposit
Measured
0.02 MT @ 21.51 g/t Au for 0.01 million contained ounces
Indicated
1.11 MT @ 12.84 g/t Au for 0.46 million contained ounces
Inferred
5.45 MT @ 12.74 g/t Au for 2.23 million contained ounces
Notes:
§ Combined royalties of 6%
§ 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, Tyrone Project, County Tyrone and County Londonderry, Northern Ireland” dated January 10,
2012 and available at www.dalradian.com
32

33. Tyrone
Project:
Curraghinalt
&
Glenlark
Trend
DG4
Curraghinalt
Deposit
DG3
DG1
DG2
33

34. 34

35. ExploraDon
Tools
CURRAGHINALT
TREND
2012
Geophysics
High Resolution Aeromagnetic
Image flown over Curraghinalt
Trend – April 2012
2012
Geochem
Historical Geochem with Extended
2012 Soil Survey
Curraghinalt
Trend
Glaciated terrain with minimal
outcrop
35